The Royal Wedding hit the London City jobs market with new vacancies in April 2011 falling by 16% to 4,750, reveals recruiting firm Astbury Marsden.
Burj Khalifa (Arabic for 'Khalifa Tower'), is a skyscraper in Dubai, United Arab Emirates, and is currently the tallest man-made structure ever built at 828m (2,717 ft).
Global M&A volumes are up over 50% year to date, and Evercore Partners CEO Roger Altman feels that deal volumes will eventually surpass the 2007-high this cycle.
Lots of stuff in the press this week about the contrasting fortunes of some high profile hedge fund managers / traders.
We've been working our way through the final report of the National Commission on the Causes of the Financial and Economc Crisis in the United States (The Financial Crisis Inquiry Report), and came across this little gem.
Here's something Matthew Grounds, a UBS global investment banking co-head, told Bloomberg earlier this week:
We'll have more details from HSBC Wednesday on its latest cost-cutting program, but CEO Stuart Gulliver admitted Monday that it will take time for him to get his firm's cost / income ratio down to his 52% target (it's currently at 60.9%). Rather ominously, costs have been on the rise over at the investment bank.
Here's the latest from Our Highly Placed Professional:
Group Chief Executive, Stuart Gulliver, commented Monday:
Worries over a new boom in subprime lending were raised on Monday when Wells Fargo, the country’s fourth-biggest bank, announced plans to cap car loans to people with poor credit history – a booming moneyspinning area for Wall Street.
This group of Wall Street employees is on a mission that has nothing to do with their day jobs: to find great burgers in Manhattan.
Call it Goldman Apps.