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E-commerce site EBay has announced the plans to split off its payments system PayPal hub into a separate firm. News of the move has boosted EBay shares 7.5 per cent up. Billionaire investor Carl Icahn has praised the decision -that was a move he has pushed for much of the year...
Events
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Anna Cova, 1 October 2014, 09:08
SAN FRANCISCO - Microsoft on Tuesday lifted the veil on the next version of Windows: Windows 10. At an event in San Francisco focused on corporate users, Microsoft previewed early elements of the next generation of its iconic computer operating system...
Events
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Vladimir Karputov, 30 September 2014, 19:56
If you’re a student at university today and you want to get into banking, it’s time to apply. Most banks opened their analyst application processes weeks ago. Some are closing them again in the weeks to come...
Banks
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Ronnie Mansolillo, 30 September 2014, 15:52
International banks are not viewing the Middle East with a huge amount of optimism. While revenues within investment banking have picked up in recent months, the story is still one of caution when it comes to naming new people on the ground in the Gulf...
Banks
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Ronnie Mansolillo, 30 September 2014, 15:48
At the beginning of 2014, the 10-year U.S. Treasury was yielding 3% and few forecasters projected that the widely-held benchmark would be hovering around 2.5% in late September. What is this unexpected rally telling us...
Events
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Anton Voropaev, 30 September 2014, 15:44 #Bank of Japan, Fed
According to official figures that measure GDP in a new way, the United Kingdom's economy was bigger and grew faster than previously considered over the second quarter, The Guardian reports. The economy also recovered sooner from the recession, than it was previously thought...
Events
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News, 30 September 2014, 14:13
LOS ANGELES (MarketWatch) -- Chinese officials have issued a formal approval for Apple Inc.'s AAPL, +0.15% new iPhone 6 handsets, China's official Xinhua News Agency said in a one-sentence item out Tuesday...
Law/Regulations
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Ronnie Mansolillo, 30 September 2014, 10:16
JPMorgan is laying London people off. Who knew? We didn’t, although maybe we should have given that the US bank declared its intention to make investment banking cost savings back in July. Three months ago, the talk at JPM was all of cutting technology and support staff...
Banks
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Ronnie Mansolillo, 30 September 2014, 10:02
Adobe China's public relations company confirmed that after the Chinese R&D branch stops operating, the Chinese business will be transferred to Adobe India. However, Adobe will maintain its sales businesses in Shanghai, Beijing, Guangzhou, Shenzhen, Hong Kong and Taiwan...
Events
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BlondieNews, 30 September 2014, 03:11 #China
In the latest hiring roundup, Millennium continues to add talent, new firms launch on both sides of the pond and Santander is expanding in London...
Company News
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Ronnie Mansolillo, 30 September 2014, 00:45
Christian Levett, the founder of commodities hedge fund Clive Capital which shuttered its doors last year, is now firmly back in the bosom of his former employer, Moore Capital, having officially taken back his place as a money manager earlier this month...
Company News
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Ronnie Mansolillo, 29 September 2014, 16:03
The European arm of prop trading firm Sun Holdings moved away from the lack of volatility in UK markets last year, and instead expanded its reach to Asian markets and betting on European interest rates. The result has been profits tripling, headcount increasing and pay surging...
Brokers
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Ronnie Mansolillo, 29 September 2014, 16:00
After users of iPhone 6 Plus reported that it “apparently” bent while carrying in the pocket - other companies made joke on this subject, now known as “bendgate”...
Events
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Patti, 29 September 2014, 12:11
Is Hong Kong as appealing a destination for expat bankers at it used to be? Finance staff arriving for work in Hong Kong today came face to face with pro-democracy protesters after a weekend of rioting. The protesters spent the weekend blockading roads...
Banks
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Ronnie Mansolillo, 29 September 2014, 09:48
You’ve applied for a banking job via a recruitment agency in Singapore or Hong Kong and your CV and covering letter are spot-on...
Banks
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Ronnie Mansolillo, 29 September 2014, 09:42
When bankers slip up, they tend to make big headlines. The New York Post and the Guardian practically make a living off detailing the trials and tribulations of the 1...
Law/Regulations
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Ronnie Mansolillo, 26 September 2014, 23:40
Are you a student who wants to work in finance? Now’s the time for you to hone your pitch. – Banks everywhere are accepting applications (we have a Singapore/Hong Kong deadlines timetable here and a London deadlines timetable here...
Events
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Ronnie Mansolillo, 26 September 2014, 23:38
When spacecraft slipped into orbit around Mars on Wednesday after 10-month voyage, India became the first country to successfully reach the Red Planet on first attempt...
Events
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Mike Dennis, 26 September 2014, 21:11
• The Finer Points Of Hedging… Or Not (The Capital Spectator) • No need to fear celebs’ advice when buying or selling stocks (Business Day) • REITs Prune Their Portfolios in Shift Back to Basics (WSJ) • Stock Buybacks: They are big, they are back and they scare some people (Musing on Markets) • T...
Company News
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Rachael Taylor, 26 September 2014, 12:11 #Alibaba
BEIJING—A Chinese probe into trade financing found nearly $10 billion in fake deals, a senior official said, in the latest warning over practices that raised concern over potential losses among foreign and Chinese banks this year...
Law/Regulations
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Ronnie Mansolillo, 26 September 2014, 10:14