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Career Tentacle Search Results for Banking Finance

Grad employment holds firm - just get a good degree
If you want to know what your degree will be worth, it’s about £100k over your lifetime. That’s a lot of plays on a casino website. The good news is that the graduate jobs market is holding firm – the latest survey showing the lowest graduate unemployment rate for 5 ...
Tuesday, August 12th, 2008
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Tesco shake up banking industry
With banks firing and crying and moaning and balling, its no wonder that it takes someone from traditionally outside that sector to tear it up: Tesco Personal Finance was a joint venture between the supermercardo and the Royal Bank of Scotland. But the former has bought the latter out now ...
Tuesday, July 29th, 2008
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Grad vacancies keep rising – if you can read and write
As 600 of the UK’s best Graduate Recruiters have been getting drunk at the Association of Graduate Recruiters Conference - the AGR itself has released details of a survey that says that poor reading and riting skills among graduates are a concern for half of the UK's top employers. 56% ...
Thursday, July 10th, 2008
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Banking is a stressful career. Offical.
No surprise to those looking for a career in finance: 71% of bankers feel more stressed than they did six months ago. Collapsed US giant Bear Stearns is the most stressful place to work, followed by Morgan Stanley, RBS, Lehman Brothers, SG Corporate and then UBS. 2,000 workers took part ...
Wednesday, April 2nd, 2008

More bank fraud claim Lehman Brothers
Lehman Brothers is the latest bank to shout, “fraud!” The American largest investment bank plans to sue Japanese trading house Marubeni in an effort to recoup £175m. The fraud centers around loans Lehman gave to Marubeni who were acting for a now bankrupt medical company Asclepius – who look like ...
Monday, March 31st, 2008
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Halifax Bank of Scotland bosses buy shares to stabalise bank
Easter Sunday saw a press release from HBOS stating that, as a signal of confidence, about 250 directors and senior staff at the bank group had bought more than £6m worth of shares after last week's dramatic price collapse. However, the decision to purchase the shares, part of the normal ...
Monday, March 24th, 2008
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HBOS shares plummet as malicious rumours start to fly
While £1.1bn was written off at Morgan Stanley, it looked like a much greater story was emerging from Halifax Bank of Scotland where shares dropped at one stage by 20%. The Bank of England issued an unprecedented denial that the bank was in crisis to keep City confidence, saying they ...
Wednesday, March 19th, 2008
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Police arrest second person in Soc Gen scandal
French police have arrested another employee from the trading room of Société Générale as part of their investigation into the Jérôme Kerviel rogue trading scandal. The person arrested is believed to be among one of Mr Kerviel’s friends listed on his Facebook profile. Police are seeking to establish whether the ...
Thursday, March 13th, 2008
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Good Godbehere! New finance head of Northern Rock has no banking experience
Sitting right alongside troubleshooter boss Ron Sandler as Finance Director at the new Northern Wreck is a Canadian accountant with little exposure to the UK banking system. Ann Godbehere has been unemployed for a year since quitting insurer Swiss Re after 11 years because she allegedly did not like her ...
Tuesday, February 19th, 2008
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Olivant threaten to pull out of auction for Northern Rocky
Seen here wearing his invisible glasses, Luqman Arnold, the former Abbey CEO and head of the Olivant consortium bidding for Northern Wreck, issued an ultimatum last night after the bank said that the outcome of the auction would not be finalised until the new year. Olivant have threatened to walk ...
Thursday, December 13th, 2007
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Barclays write-off £1.7bn
Barclays has become the next bank to show its scars from the sub-prime-mortgage credit-crunch-Northern-Rock-brown-trouser escapade: it’s written off £1.7bn – £1bn in October alone. Though shares sneezed, it was a fraction of the £10bn the rumour mill said the bank would have to write off – and Barclays admit that ...
Friday, November 16th, 2007
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LSE 0 GSK 1
Bang! And the Finance Director’s gone! After 11 years Jonathan Howell quit the London Stock Exchange (LSE) to join UK investment bank Close Brothers. Difficult choice? Well, Howell is walking away from the LSE with shares worth £3.9 million at today's price. Meanwhile a 3-year internal race at GlaxoSmithKline has ...
Tuesday, October 9th, 2007

The Fiertz of God hits Cheyne gang
8 years ago an ex-Morgan Stanley Investment banker Stuart Fiertz (pictured tomorrow) founded the Cheyne Capital hedge fund (worth £3.3bn. Yes, billion). The 44 year old last year was worth £94m and while his 150 staff shared in a £75m bonus pot. But the recent trouble in the UK credit ...
Thursday, August 30th, 2007

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