The latest news from Here Is The City News - The Fastest Growing Business & Financial Services News Service For London http://news.hereisthecity.com en-gb Sun, 22 Nov 2009 04:33:55 +0000 http://news.hereisthecity.com/media/rss_logo.gif http://news.hereisthecity.com Goldman announced the appointment of 272 new Managing Directors Thursday. http://news.hereisthecity.com/news/business_news/9589.cntns Business News Fri, 20 Nov 2009 08:58:22 +0000 Here's Secretary of the Treasury Timothy Geithner's recent written testimony before the US Joint Congressional Economic Committee on the subject of financial regulatory reform. http://news.hereisthecity.com/news/business_news/9588.cntns Business News Thu, 19 Nov 2009 15:24:50 +0000 Here Is The City is pleased to announce that it has relaunched its job board. We have already commenced a major campaign to increase awareness of this offering, and candidate numbers accessing the job board have substantially increased. Our aim for candidates in 2010 is to create a credible place where they can engage with recruiters in order to identify job opportunities around the globe. http://news.hereisthecity.com/news/business_news/8170.cntns Business News Wed, 27 Aug 2008 09:12:40 +0000 Tokyo - The Times reports that Japan's Mitsubishi UFJ Financial Group, described as the country's 'most austere' banking business, is telling its staff to pack up almost two hours early each day this week in order to go home and have some 'family time'. http://news.hereisthecity.com/news/business_news/9585.cntns Business News Thu, 19 Nov 2009 08:26:10 +0000 Former Merrill Lynch CEO John Thain has denied a story in The New York Times last January that he hurled a chair against the wall of his office, shattering a glass panel. http://news.hereisthecity.com/news/business_news/9584.cntns Business News Wed, 18 Nov 2009 17:24:29 +0000 Wednesday was the best day ever in terms of voting in our 'Best Place to Work' poll. http://news.hereisthecity.com/news/business_news/9586.cntns Business News Thu, 19 Nov 2009 10:41:07 +0000 Here's a little something sent in by one of our readers. http://news.hereisthecity.com/news/business_news/9583.cntns Business News Wed, 18 Nov 2009 16:47:05 +0000 The Evening Standard reports that UK securities regulator The Financial Services Authority organised a simulation Tuesday, testing disaster recovery procedures in the event of flash flooding. http://news.hereisthecity.com/news/business_news/9580.cntns Business News Wed, 18 Nov 2009 08:09:26 +0000 Former Merrill Lynch CEO John Thain pointed out at the Reuters Global Finance Summit in New York this week that senior staff receiving a large part of their compensation in deferred equity didn't prevent the failure of either Bear Stearns or Lehman Brothers. http://news.hereisthecity.com/news/business_news/9581.cntns Business News Wed, 18 Nov 2009 08:30:47 +0000 Simply click the grey and pink register button (above and right) and insert your e-mail address in the email box (and hit the 'register' tab) to register for free News e-mail alerts. http://news.hereisthecity.com/news/business_news/6639.cntns Business News Thu, 29 Mar 2007 12:14:25 +0000 Lazard Ltd has announced that its Board of Directors has appointed Kenneth M. Jacobs, age 51, as Chairman of the Board of Directors and Chief Executive Officer, effective immediately. Mr. Jacobs, formerly Chief Executive Officer of Lazard North America, succeeds Lazard Chairman and CEO Bruce Wasserstein, age 61, who passed away October 14, 2009. http://news.hereisthecity.com/news/business_news/9579.cntns Business News Tue, 17 Nov 2009 13:44:50 +0000 Reuters reports that dozens of demonstrators jeered attendees arriving for the start of Euro Finance Week in Frankfurt Monday. http://news.hereisthecity.com/news/business_news/9577.cntns Business News Tue, 17 Nov 2009 10:02:28 +0000 The Guardian reports that a report prepared by Neil Barofsky, the Special Inspector General for the US Troubled Asset Relief Program, has citicized the US government for its handling of the bailout of AIG. http://news.hereisthecity.com/news/business_news/9578.cntns Business News Tue, 17 Nov 2009 11:06:14 +0000 UBS provided an update on progress in transforming the firm and announced the firm's medium-term Group and divisional objectives at its Investor Day Tuesday. http://news.hereisthecity.com/news/business_news/9576.cntns Business News Tue, 17 Nov 2009 08:15:27 +0000 Here's the latest from our Highly Placed Professional. http://news.hereisthecity.com/news/business_news/9574.cntns Business News Mon, 16 Nov 2009 09:17:17 +0000 'Too Big to Fail' is the inside story of how Wall Street and Washington fought to save the financial system - and themselves. http://news.hereisthecity.com/news/business_news/9573.cntns Business News Mon, 16 Nov 2009 08:40:37 +0000 Most firms cancelled their plans to celebrate Christmas in 2008, as they found that cash was in short supply. The year ended with huge asset writedowns, big losses, and largescale layoffs. http://news.hereisthecity.com/news/business_news/9570.cntns Business News Sun, 15 Nov 2009 12:38:29 +0000 Although the UK authorities have said that they do not intent to introduce legislation that caps banker pay, UK Chancellor Alisdair Darling has said that the new financial services bill will enable regulator The Financial Services Authority to set aside banker pay contracts which it deems encourage excessive risk taking. http://news.hereisthecity.com/news/business_news/9571.cntns Business News Sun, 15 Nov 2009 18:08:09 +0000 The New York Times reports that two IT programmers who work for Bernie Madoff have been fingered for helping him get away with his fraud. http://news.hereisthecity.com/news/business_news/9575.cntns Business News Mon, 16 Nov 2009 10:03:03 +0000 Here's the latest from Cityboy, author of the bestseller 'Cityboy - Beer and Loathing in the Square Mile'. Here he gives his thoughts on corporate social responsibility (CRS). http://news.hereisthecity.com/news/business_news/9568.cntns Business News Sat, 14 Nov 2009 17:28:23 +0000