Archive for September, 2007
Friday, September 28th, 2007
The debate about the worth of fair value accounting is intensifying. Banks are deliberating exactly how to report the value of the derivatives and financial instruments that have been undermined by the credit crunch. Amid the uncertainty, recruiting firm, A.E. Feldman reports that accounting jobs are opening up and demand is growing for accountants with [...]
Posted in Audit Jobs, Compliance Jobs, Finance & Accounting Jobs, General | No Comments »
Thursday, September 27th, 2007
Amid globalization and economic uncertainty, governments around the world have begun imposing tighter trading rules and aggressively pursuing tax revenues. Now, multinational organizations are facing increasing demands from different jurisdictions as authorities attempt to collect taxes on cross-border activities. And according to global surveys conducted by Ernst & Young, the most important concern among tax [...]
Posted in Audit Jobs, Compliance Jobs, Finance & Accounting Jobs, General | No Comments »
Wednesday, September 26th, 2007
The liquidity freeze may have put a damper on the mega buyout boom, but corporate executives and private equity firms say there are still plenty of deals to get done. A recent survey conducted by Grant Thornton LLP, Association for Corporate Growth (ACG), and Eureka Private Equity shows that dealmakers searching for geographic diversification will [...]
Posted in Audit Jobs, Compliance Jobs, Finance & Accounting Jobs, Financial Engineering Jobs, General, Structured Finance Jobs | No Comments »
Friday, September 21st, 2007
As pension plans witness the credit crunch undermine equity prices and alternative assets (like private equity and hedge funds), the U.S. assistant secretary for financial markets has urged plan sponsors to return to the fundamentals of investment management. Meanwhile, amid the volatility, Merrill Lynch has announced the development of a new U.S. Pension Index series [...]
Posted in Finance & Accounting Jobs, Financial Engineering Jobs, General, Structured Finance Jobs | No Comments »
Wednesday, September 19th, 2007
Facing mounting market pressures, demands for risk management and increased scrutiny over operations, regulatory departments at hedge funds are growing. The funds are on the hunt for legal counsel and top compliance officers (also known as Chief Legal Officer). Executive recruiting firm, A.E. Feldman, says hedge funds are creating more of these positions and compensation [...]
Posted in Compliance Jobs, Finance & Accounting Jobs, Financial Engineering Jobs, General, Legal Jobs, Structured Finance Jobs | No Comments »
Friday, September 14th, 2007
Although the U.S. subprime crisis has virtually halted private equity activity in the United States, recent research compiled by Deutsche Bank shows that the firms will continue to actively pursue investment opportunities. According to the report, there is a substantial amount of available capital (nearly $900 billion) ready to be deployed once markets stabilize. [...]
Posted in Finance & Accounting Jobs, Financial Engineering Jobs, General, Legal Jobs, Structured Finance Jobs | No Comments »
Friday, September 14th, 2007
August has gone down as the worst four weeks in more than a year for the hedge funds. But there is some hope that last month might have been rock bottom for the $2.4 trillion dollar industry. That would be welcome news for countless asset managers who have come to rely on the [...]
Posted in Financial Engineering Jobs, General, Structured Finance Jobs | No Comments »
Tuesday, September 11th, 2007
The number of homebuilders and subprime mortgage lenders seeking loan payment and property obligation relief has increased over the past several months, according to legal experts. In an effort to stem the tide of foreclosures amid the subprime fallout, federal and state banking regulators have urged holders of securitized subprime mortgages to try to [...]
Posted in Finance & Accounting Jobs, Financial Engineering Jobs, General, Legal Jobs, Structured Finance Jobs | No Comments »
Thursday, September 6th, 2007
Despite gloom and doom in the U.S. housing market, commercial real estate deals were surprisingly strong in the second quarter and experts predict this trend is likely to continue. The commercial real estate sector is benefiting from strong fundamental economic activity such as an increase in industrial production, shipments of durable goods and wholesale [...]
Posted in Finance & Accounting Jobs, Financial Engineering Jobs, General, Structured Finance Jobs | No Comments »
Wednesday, September 5th, 2007
In the middle of a global liquidity crisis linked to the collapse of the US subprime market, one region remains largely insulated from the fallout: Latin America. In fact, real estate finance in Latin America is booming. Growth and economic stability are spurring investment in real estate development projects throughout Latin America, led by Brazil. [...]
Posted in Finance & Accounting Jobs, Financial Engineering Jobs, General, Legal Jobs, Structured Finance Jobs | No Comments »