We're pleased to let you have another Here Is The City exclusive - the first picture of the 25-year-old beauty who is on the prowl for a $500,000 banker who will keep her in the manner to which she wants to become accustomed. It's just such a shame that she smokes.
The Financial Times reports that UK 'think tank' The Centre for Economics and Business Research is now predicting that 6,000 City jobs will go next year, as firms reel from the credit crunch and the global economy hits a more difficult period.
Barclays waved the White Flag Friday, admitting defeat in its bid to capture Dutch bank ABN AMRO. The Royal Bank of Scotland consortium will now walk off with the prize. Below is the statement issued by Barclays.
Here's Thomson Financial's global debt bookrunner league table for the period 01.01.2005 - 30.09.2005
New Star Asset Management has purchased six retail unit trusts from Aberdeen Asset Management for over £90m.
It was former US Senate Majority Leader Howard Baker who famously asked the question about Richard Nixon and Watergate that was on everyone's lips in the early 1970s - 'What did the president know and when did he know it ?'. Well, we'd like to ask the same of the CEOs of those firms who sustained huge losses in the recent credit turmoil. Those same CEOs who forced out others to carry the can.
Here's Thomson Financial's Worldwide M&A league table for the period 01.01.2007 - 30.09.2007.
Well, the sh.t is really hitting the fan this week. First UBS, then Citi, then Deutsche and now (not unexpectedly) Merrill Lynch.
Deutsche Bank has come out, as expected, and announced the losses it made in the third-quarter due to the recent turmoil in the credit markets.
The Wall Street Journal reports that Credit Suisse has confirmed that it is to cut a further 170 positions in fixed income over at its investment banking unit.