When reflecting on your job and career success, are you most proud of your personal achievements or your affiliations? Have you met all of your goals?
Do you have any engineers or construction workers as clients? If so, tell them they can count themselves as lucky; even as employment rates have slowed in Canada—stalling in May after two months of gains—these two sectors were voted “most likely to succeed” and “most popular” by Canadians. So, while they may be worried about […]
Institutions can never be too-big-to-fail; one of the dangers of adopting this mentality is the loss of consumer confidence in the resiliency of their banks during times of crisis.
Risk management, proprietary lending criteria and operational efficiencies will boost the performance of [residential mortgage financing companies], said Home Capital Group at its inaugural Investor Day held yesterday.
Presidential election years are touchy things. Back in 1992 Alan Greenspan aggressively pushed down interest rates in an attempt to save his friend George H.W. Bush from the recession triggered by the Gulf War and decreases in military spending spurred by the fall of the Soviet Union. It didn’t work, but the Fed was accused […]
Facebook is updating its status to “public company” after its stock jumped during its debut on the Nasdaq Stock Market this morning. The stock opened at $42.05 and later settled at $39. The stock is currently sitting below $40 per share. For those looking to stay updated on Facebook’s worth, check out http://facebookworth.com/. The site […]
Earlier this week, it was rumoured that Bruno Iksil would leave JP Morgan. And as it turns out, the rumours were true. Iksil is a French-born trader who manned the London office of JP Morgan. Prior to the company’s loss, he was nicknamed the “The London Whale”; he made risky trades and turned extremely bullish […]
Facebook’s IPO is making history—quickly becoming the technology offering of the decade.
Moody’s downgraded the debt of 30 Spanish banks today but has so far left the country’s three largest untouched. Higher pressure on Spanish sovereign debt and the number of weak banks in the country prompted the downgrade. The role of smaller and regional banks is declining as the sector consolidates. Moody’s has been planning the […]
Facebook has priced its IPO at $38 per share, at top of the range and valuing the group at US$104 billion. There are 421.2 million shares.