Business News Top Story
Top Firm 'Could Bleed To Death Slowly'
Another day, another Lehman story. more >>
Business News
Don't Be Fooled - Firms Are Hiring
Don't be fooled - firms have not stopped hiring completely because of the credit crunch. Sure, some staff are being / have been laid-off, but firms continue to recruit in key strategic areas. In fact, there are more firms out there with open positions than you probably realise. more >>
Business News
Analysts Predict More Asset Writedowns At Top Firms
Reuters reports that Morgan Stanley analysts expect Citi to take an additional $7bn in CDO-related writedowns this year, and to raise $11bn more in capital. The analysts have, however, upgraded Citi to 'equal-weight' from 'underweight'. more >>
Business News
Janus, JPMorgan, Merrill Lynch, Morgan Stanley, UBS, Wachovia
Bloomberg reports that Janus Capital Group has posted a 36% increase in second-quarter earnings to $66.3m. In the period, the US-based fund manager attracted its biggest inflow of new cash from investors in 8 years ($5bn). more >>
Business News
Has Cityboy Finally Lost The Plot ?
The irrespressible Cityboy has got a new single out, complete with the obligatory video. It's so bad, it's, well, bad - but at least any dosh he makes from it will be donated to the homeless charity Shelter. more >>
