Page 2562 


Deutsche's Boss Has Been At It Again

Someone at Deutsche Bank has clearly got a diary note to make sure that CEO Josef Ackermann comes out on a regualar basis and makes inane comments about the state of the current market turmoil. He was at it again this week.

Firms Signing Up For Free Access To Global Candidate Database

The pictures of former Houlihan Lokey banking consultant Joshua Persky pounding the streets of New York's financial district trying to get a job sent a shiver up many a spine. Financial markets professionals, aware that we are in the middle of the worst market crisis probably since the 1930s, wondered if they were looking at their own future.

The Latest On The Market Turmoil

Bloomberg reports that the UK's FTSE 100 Index officially entered a bear market last week, closing 22% from last year's high on Friday. This is the UK's 19th bear market since 1918.

US Regulators To Clamp Down On Spread Of False Rumours

The US Securities and Exchange Commission confirmed Sunday that it will be conducting examinations at investment banks, brokers and hedge funds to ensure that they have mechanisms in place to prevent market manipulation via the spreading of false rumors.



Dog Detective

FX Rates Said To Face Global Regulation

Global regulators may start overseeing currency rates in a widening response to benchmark-rate setting scandals that began with revelations on the manipulation of Libor, according to two people familiar with the matter.