11/25/2012
The FSA’s client money rules - the rules that govern money a firm receives or holds for a client in the course of investment business - assume that monies are held for immediate repayment.
11/25/2012
Your endorsement of Mr Obama and his policies for a second term reminded me of Samuel Johnson’s aphorism, that getting married a second time represents the triumph of hope over experience.
11/25/2012
Douglas Flint, the chairman of HSBC, is pushing for bankers to take an oath similar to that sworn by doctors as part of radical plans to overhaul the way the profession is viewed in the wake of the financial crisis and successive banking scandals.
11/25/2012
Happy Black Friday. So is the US consumer rising in confidence? All will be revealed once the first figures are out following Black Friday.
11/25/2012
It is worrying that prosecutors chose to go after a relatively junior rogue trader rather than prosecuting someone higher up the chain of command.
11/25/2012
With the New Year in sight it is worth starting to consider the factors that may drive the markets in 2013.
11/25/2012
“The rise the PNC CPI index is larger than expected considering the modest economic growth we've had over the past 12 months,” said Jim Dunigan
11/22/2012
Will your pocket be any fuller or a lot lighter after December 5th?
11/22/2012
Investors have ranked economic recovery as their main concern when building a portfolio
11/21/2012
It's still mostly a man's world on Wall Street
JP Morgan's decision to promote Marianne Lake to one of its top roles doesn't mean that hordes of high-flying women are about to shatter the so-called 'glass ceiling' anytime soon
11/21/2012
The challenge in 2013 will be to sustain the current reflation policies while keeping inflation at bay.
11/21/2012
Asia's Hot Spot for Bank Jobs Gets Tough—for Expats
One of the key destinations for financial jobs, Singapore is fast losing its lure as bank layoffs threaten the once robust job market in this Southeast Asian city state.
11/20/2012
The member states of the European Monetary Union are engaged in a cat-and-mouse game as they struggle to find the right answers, accountabilities and policy options.
11/20/2012
Eurozone finance ministers discuss Greece (again)
11/20/2012
The European Central Bank (ECB) has been criticised for “kicking the can down the road”
11/19/2012
The first in-depth investigation of whether youthful happiness leads to greater wealth in later life reveals that, even allowing for other influences, happy adolescents are likely to earn more money as adults.
11/19/2012
Income investing is not new. What is new are the challenges faced by investors in creating a portfolio with the right level both of income and risk in this low yield, low growth, more uncertain world.
11/19/2012
ECB buys time for improvement in Eurozone periphery
11/19/2012
I guess it's almost that time of the year; 'out with the old and in with the new'. Maybe 'out with the old and in with the booze' might be more appropriate as we approach 'trifle season'.
11/18/2012
Go East: banking jobs in Asia set to outstrip City
Bankers looking for a career boost are facing up to a clear choice: go East.