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...
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...
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...
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...
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...
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...
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...
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...
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”...
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...
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...
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...
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...
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...
• 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...
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...
Where is Goldman Sachs hiring? If you’ve been paying attention to presentations by CEO Lloyd Blankfein and COO Gary Cohn, you’ll already know the answer: Goldman Sachs is hiring in ‘high value locations.’ Where are these high value locations? Try Salt Lake City. But more than that, try Bangalore...
If you’re an elite person looking for an elite career, you will probably have considered a career in investment banking. But you may also have weighed-up a career in strategy consulting. Banking and strategy consulting both pay well...
If you’re looking for a banking job in Singapore, you may want to consider applying to Mizuho. The Japanese bank has announced in local media that it will be increasing its 600-strong Singaporean headcount by 50%, taking on another 300 people in the next three to five years...
Not long ago, JPMorgan’s analysts issued a note. In it, they said that fixed income sales and trading revenues across all banks are likely to fall by 3% this year and by 3% next year. They also suggested that Morgan Stanley’s restructuring of its fixed income business was looking pretty good...
