Fixing rates is a safer option March 4, 2012 ALONG with discussing our regularly inclement climate, house prices and mortgages are a national obsession of the British. However, according to the latest research from unbiased.co.uk, there is room to take the level of interest in the interest we pay on our mortgages up another notch. Unbiased.co.uk has recently found that only 49 per cent [...]
Banks and financial shares lift FTSE on liquidity surge March 1, 2012 BANKS and other financial stocks, buoyed by central bank infusions of money into the system, helped Britain’s top share index rebound yesterday with fund manager Man Group surging after it reported client outflows have slowed. London’s blue-chip index closed up 59.74 points, or 1 per cent, at 5,931.25, erasing the 1 per cent drop on [...]
US stocks return to the highs of 2008 March 1, 2012 US stocks rose yesterday, moving back to 2008 highs, after a jump in bank shares and further upbeat data on the labour market, though sharp gains in oil prices limited the advance. After losses on Wednesday, the rebound took the S&P 500 back above its 1,370 resistance level, which is seen as key to maintaining [...]
Bernanke helps to push FTSE to two week low February 29, 2012 BRITAIN’S top shares ended lower yestesrday, in spite of getting intial support from the European Central Bank making cheap loans available to lenders, after bearish comments from US Federal Reserve chairman Ben Bernanke hurt sentiment. The UK benchmark suffered a late sell-off, closing down 56.40 points, or one per cent, at 5,871.51, its lowest close [...]
Shares retreat on profit taking and Fed speech February 29, 2012 US stocks slipped yesterday, snapping a four-day winning streak after comments from US Federal Reserve chairman Ben Bernanke disappointed investors hoping for a strong signal of more stimulus. The Fed chairman’s comments drove the dollar up 0.7 per cent against a basket of major currencies and sent materials lower. Gold fell five per cent in [...]
Financial service jobs rise in February 2012 February 29, 2012 MORGAN MCKINLEY FINANCIAL SERVICES AS THE top graph clearly shows, there have been many ups and downs in the City hiring market over the last five years. The fluctuations in financial services hiring are traditionally seasonal, with Christmas, bonus season and mid-summer being the less active periods of the year. However, over the last five [...]
JOBS of the WEEK February 29, 2012 Senior sales specialist Algorithmic trading solutions Highly competitive Dow Jones and Company is looking to fill a role selling into new buying centres for existing Dow Jones customers or extending solutions used by these customers. www.cityamcareers.com/job/6275 Analyst, dynamic mid-market private equity fund €40k-€120k Ambitious employer in the German-speaking market is looking to find quality entry [...]
Buyer beware: Probe past headline figures February 29, 2012 EACH year, the Financial Times (FT) creates an interactive guide to the world’s best executive MBA (EMBA) programmes. Its headline figures are the result of a weighted formula – average alumnus salary contends with diversity indices and career progress rankings — and schools make proud use of these findings in their marketing. Described as a [...]
UK schools can give global benefits February 29, 2012 THE PRESSURES of globalisation have inspired many senior managers either to leave Britain for their executive MBA (EMBA) or to join one of a growing number of joint programmes between British and foreign business schools. One such course is the Trium, a partnership between the LSE, New York University: Stern and the HEC School of [...]
FTSE jumps on prospect of new cash injection from ECB February 28, 2012 THE FTSE 100 crept into positive territory yesterday, with miners tracking metal prices higher as the anticipation of cheap European Central Bank loans flooding the financial system boosted the outlook for raw materials demand and for lending. London’s blue-chip index closed up 12.36 points, or 0.2 per cent, at 5,927.91, as gains were capped after [...]