Posted by admin on April 20th, 2008
Wellington rugby league referees are refusing to turn up to former capital city champions North City’s home ground after a touch judge was assaulted and a referee’s car windscreen was broken on their last two visits.
After no judicial action was taken against any individuals when Alan Prentice was attacked by a spectator in a pre-season [...]
Posted by admin on April 18th, 2008
Once again, the heavens are open and it is raining IPOs in Kenya. Little is understood about IPOs in Kenya except that they “make money” and that share allocations are handed out in measly doses by mean investment banks.
Even much less understood is the concept of investment banks which most of us cannot differentiate from [...]
Posted by admin on April 16th, 2008
BlackRock Inc.’s first-quarter net income rose 24% but failed to meet analysts’ expectations, as investors withdrew money from the firm’s core bond funds to put into lower-fee cash investments.
While the company posted earnings of $1.82 a share, Investment Banking up from $1.48 a share, a year earlier, analysts surveyed by Thomson Financial forecast on average [...]
Posted by admin on April 14th, 2008
Isa Sales Plunge To Record Low As The Credit Crunch BitesSales of tax-free individual savings accounts (ISAs) for the 2007-08 tax year are expected to be the worst on record, as fears over the credit crunch and the precarious nature of the economy take their toll.
Desperate attempts by fund managers and independent financial advisers to [...]
Posted by admin on April 14th, 2008
Fidelity would not confirm the scale of the redunancies but the Financial Times reports a cull of up to 170 jobs.
The newspaper says the redunancies will mostly hit the support services and marketing departments. Investment Banking It says the cull will include 100 redundancies and Fidelity will not refill positions as they become vacant.
A spokesman [...]
Posted by admin on April 5th, 2008
Like a seed, one good idea can blossom into a multimillion dollar corporation if nourished, and a diverse group of government officials, Investment Banking business leaders and entrepreneurs from three northern Utah counties are pouring on the fertilizer.
Representatives from Weber, Davis and Morgan counties aim to reap a half-billion dollars in new business growth [...]
Posted by admin on March 30th, 2008
Funding Enables Expansion of Sales and Marketing and Continued Product Innovation [...]
Posted by admin on March 30th, 2008
By Jonathan Stempel and Dan Wilchins
NEW YORK (Reuters) - Citigroup Inc (C.N: Quote, Profile, Research) is cutting about 2,000 more investment banking and trading jobs, a person briefed on the matter said, as the largest U.S. bank moves to lower costs after subprime mortgage and credit problems led to a record [...]
Posted by admin on March 30th, 2008
(Adds Citigroup, Merchants Bancshares, ValueRich, Associated
Banc-Corp, Nova Biosource Fuels, Amerinet, Omnihome, Ameriana,
Council of Federated Home Loan Banks, Integral Systems,
TIAA-CREFF)
NEW YORK, March 20 (Reuters) - The following financial
services industry appointments were announced on Thursday. To
inform us of other job changes, please e-mail
moves@reuters.com.
CITIGROUP (C.N: Quote, Profile, Research)
Citigroup named John [...]
Posted by admin on March 30th, 2008
LONDON, March 28 (Reuters) - Britain’s FTSE 100 index .FTSE is seen
opening 7-28 points lower on Friday, according to financial bookmakers, having
closed up 57.1 points, or 1 percent at 5,717.5 in the previous session.
The UK’s blue-chip index looks set to open the week’s final session a little
softer, traders said, [...]