US banks aren't exactly known for a glasnost-style approach to employees who talk openly to the press. But when it comes to blogging they err even more on the side of despotism than usual. Back in ...
5 comments
Touted as possible sanctuaries from the problems crippling the Western financial system, do the Middle East or Asia really offer ample job opportunities or even any shelter from redundancies? ...
4 comments
When a government has to step in to nationalise one ailing bank, it’s big news. When a government steps in to nationalise two ailing banks, it’s even bigger news. But when a government tries to splash ...
10 comments
Dick Fuld may be widely seen as an ogre guilty of hubris and ineptitude, but some people are coming out on his side. The argument in favour of Fuld goes a little like this….There was no need f ...
7 comments
It may have achieved better than expected second quarter results (CNN), but they haven’t done much to dispel the crowd of caterwaulers baying for Citigroup to be broken into its constituent ...
3 comments
They’ve lost tens of billions of pounds pouring money into the likes of UBS, Citigroup and Merrill Lynch, and they’re still back for more. Barclays is said to be close to raising £4bn from un ...
9 comments
Fuld has ditched his CFO and COO, but should he himself follow in the footsteps of Stan O’Neal, Chuck Prince, Marcel Ospel, Mark Litzler and Wachovia’s Ken Thompson? At the very least, Di ...
11 comments
The Financial Times says Alastair Darling and Mervyn King are at odds over who should be the next deputy governor of the Bank of England. Darling’s said to want someone with a Cit ...
9 comments
Are long hours, high pressure and bonus obsession worth it? The premature death of a close relative has helped one ex-banker put things into perspective. Over the past couple of weeks, I’ve been ...
4 comments
Most Aussie investment bankers plan to have their feet up by the pool well before middle-age, according to our latest poll. Just over 70% of those who responded reckoned they would have chucked in banking by the age of 45, with the rest being gone by the time they get to the big five-o. But most don't particularly want to retire too early either; just 40% want to be vegging in... Read more
By eFinancialCareers UK 06 Jun 2007 - 6 comments
Bankers around the globe are apprehensive about losing their jobs. Not in Australia. We asked people visiting our sites to rate their chances of involuntarily losing their job in the next 24 months on a scale ranging from "negligible" through to "very high". Almost half of Aussies polled – 49% – said that their chances of being shown the door before mid-2009 were "low" or "negligible". In Asia, Europe and the... Read more
By eFinancialCareers UK 08 May 2007 - 0 comments