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Barclays Plc (BARC) agreed to pay $20 million and cooperate with a group of Eurodollar-futures traders suing other banks, to settle litigation over manipulation of the benchmark London interbank offered rate. The accord, reached Oct...
Banks
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Ronnie Mansolillo, 9 October 2014, 09:26
Want to make your mark in M&A – or maybe restructuring, at a smallish house, possibly from the U.S., with a frontier-type attitude, preferably in the City? You’re in luck. Financial News says they’re cropping up like Cronut vendors in 2013. Firstly, Stephens Europe is expanding...
Banks
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Ronnie Mansolillo, 9 October 2014, 09:08
Despite pockets of hiring, Wall Street continues to hemorrhage jobs. But on the plus side, those who remain employed at New York banks still get paid handsomely. Over the 12 months ending in August, New York’s securities industry lost 2,600 jobs, according to New York Comptroller Thomas DiNapoli...
Banks
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Ronnie Mansolillo, 8 October 2014, 23:26
Members and staff of the U.S. Commodity Futures Trading Commission are weighing whether to require that contracts for non-deliverable forwards be guaranteed at clearinghouses that accept collateral from buyers and sellers...
Law/Regulations
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Ronnie Mansolillo, 8 October 2014, 18:01
Thomas Eric Duncan, the first person diagnosed with Ebola in the U.S., died from the virus while in isolation at a Dallas hospital. Duncan was diagnosed with the disease on Sept. 30 after contracting it in West Africa, where Ebola has infected about 7,500 people, killing half...
Events
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Ronnie Mansolillo, 8 October 2014, 17:55
When Nigeria was hit by its first outbreak of the Ebola virus, health workers monitoring suspected cases armed themselves with mobile phones and an Android app that cut the time it took to report the onset of symptoms...
Events
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Ronnie Mansolillo, 8 October 2014, 16:17
Yesterday Fiat officially announced its plans to complete the merger with its US subsidiary on October 12, before the debut at NYSE expected on October 13...
Company News
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News, 8 October 2014, 08:45
This Week • 9 Total Company Name...
Company News
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Ronnie Mansolillo, 7 October 2014, 23:49
You want to work for a Swiss private bank. If pay is your priority, which one should you go for? Thanks to last month’s publication for the first time ever of the results for Pictet, Lombard Odier and Mirabaud, we now have some definitive answers on Swiss banking salaries...
Banks
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Ronnie Mansolillo, 7 October 2014, 23:43
WASHINGTON (MarketWatch) — There’s no big surprise that the United States is the destination with the highest appeal to foreign workers. But, as a map of the Group of 20 countries shows, it’s the U.K., and not the U.S., that holds the most appeal for Chinese workers...
Events
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Ronnie Mansolillo, 7 October 2014, 19:45
A merger with Rio Tinto is a no-brainer for Glencore and its boss, Ivan Glasenberg, but the idea is less compelling for Rio chief executive Sam Walsh, the rest of Rio's board and Rio's shareholders, considers The Sydney Morning Herald's analyst...
Events
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News, 7 October 2014, 14:23 #Glencore
American electric car maker Tesla has entered the Chengdu market and reportedly delivered its products to consumers in the city. The company also launched its first super charger facility in Chengdu, which is the company's 17th in China...
Events
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Damiano Fabiański, 7 October 2014, 12:11
Goldman Sachs stands accused of dubious methods of attracting clients...
Banks
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Ronnie Mansolillo, 7 October 2014, 09:08
"This is a very strange business and a very strange endeavor of life," Steve Jobs once said in a candid interview about his legacy in 1994. "All the work that I have done in my life will be obsolete by the time that I am 50." At the time, Jobs was on the cusp of turning 40...
Events
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[Deleted], 7 October 2014, 03:11
Getting your resume to the hiring manager’s desk is a modern day, professional equivalent of the quest for the holy grail to some. However, there are a few ways of improving your chances of getting your credentials past HR and into the hands of those who actually make the decisions...
Events
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Ronnie Mansolillo, 7 October 2014, 00:39
LOS ANGELES (MarketWatch) — The number of companies with a hand in trying to find an effective combatant against the deadly Ebola virus is growing almost as quickly as the disease spreads, with one player receiving critical regulatory approval on Monday. The U.S...
Events
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Ronnie Mansolillo, 6 October 2014, 18:28
A high-frequency trader was indicted for “spoofing” which is placing and immediate canceling orders as a way to manipulate the markets - the U.S. Justice Department says is the first criminal case of its kind...
Law/Regulations
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EmmeMe, 6 October 2014, 18:11
Today's annoncement confirmed a report of the split, first published in the Wall Street Journal on Sunday, that Hewlett-Packard Co unveiled its plans to split into two listed companies, separating its computer and printer sectors from its faster-growing corporate hardware and services operations...
Events
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News, 6 October 2014, 14:27
Goldman Sachs says ’Not so fast’ as BlackRock sees early Fed increase...
Events
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News, 6 October 2014, 07:42 #Goldman Sachs, Fed
Jason Freedman was looking to hire a new employee at his startup, and he knew just the applicant he wanted for the job. “Every other company he was talking to was asking, ‘How soon can you start...
Events
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Sergey Golubev, 5 October 2014, 12:11