Archive for October, 2007
Thursday, October 18th, 2007
In the wake of the credit storm that has wreaked havoc on the markets since mid-summer, investment banks have had to write down almost $5 billion in loan commitments. They still made money, but the meltdown managed to rattle some Wall Street powerhouses. Now, one senior executive recruiter working with executive search firm, A.E. Feldman, [...]
Posted in Finance & Accounting Jobs, Financial Engineering Jobs, General, Structured Finance Jobs | No Comments »
Wednesday, October 17th, 2007
Turmoil in the credit markets has put an end to the recent wave of multi-billion-dollar “mega buyouts.” But the credit crunch has not crippled private equity fund-raising. According to data compiled by Dow Jones Private Equity Analyst, as of the third quarter $199.4 billion has been raised by 295 U.S. private equity firms. That already [...]
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Wednesday, October 17th, 2007
The European Union is dragging its heels on a push to converge accounting standards. The EU has just issued a proposal that would delay the need for companies in “third countries” such as the U.S., Japan, Canada and China to use international standards until the end of 2011, according to Reuters. The existing requirement would [...]
Posted in Audit Jobs, Compliance Jobs, Finance & Accounting Jobs, General | No Comments »
Tuesday, October 16th, 2007
Private investment has become vital to the improvement of public infrastructure, and competition for capital has become fierce. A recent report by Ernst & Young also predicts that the demand for private capital to fund roads, bridges, water projects and other public properties will continue to intensify over the next decade. Although private funding for [...]
Posted in Audit Jobs, Compliance Jobs, Finance & Accounting Jobs, Financial Engineering Jobs, General, Legal Jobs, Structured Finance Jobs | No Comments »
Friday, October 12th, 2007
Venture capital investors are pouring money into green technologies. A recent study suggests investments are on track to reach record levels this year, increasing by more than 35%. And as visionaries chase investment opportunities in areas like renewable energy, alternative fuels and carbon trading, executive search firm, A.E. Feldman, says the burgeoning industry is looking [...]
Posted in Finance & Accounting Jobs, Financial Engineering Jobs, General, Structured Finance Jobs | No Comments »
Friday, October 12th, 2007
Demand for professionals with Six Sigma expertise is growing. This data-driven methodology used to improve a product or process has spread beyond manufacturing and expanded into other service-oriented industries as well as government organizations around the world. And according to a new survey, the companies with the most extensive global operations are more likely to [...]
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Thursday, October 11th, 2007
This summer subprime woes wreaked havoc on the markets and many private equity deals headed south as the cost of borrowing rose. But a recent study published by Dow Jones Private Equity Analyst shows that times are not so tough for private equity professionals. As pension funds continue to funnel money into alternative assets, compensation [...]
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Wednesday, October 10th, 2007
Despite posting negative returns of 1.5% in August, hedge funds bounced back last month. Net of fees, hedge fund strategies generated returns of 2.98% in September, according to industry data group Hedge Fund Research (HFR).
Investment News reports that HFR President, Ken Heinz, attributes the overall rebound to investment strategies focused on emerging markets and Asia. [...]
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Tuesday, October 9th, 2007
Recent market volatility has not shaken pension fund managers commitment to alternative assets. In fact, a recent report from Merrill Lynch and Casey Quirk says that the future of investing will not only be more efficient, but the amount of capital inflow into the alternatives space will rival some countries’ gross domestic products. It’s not [...]
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Friday, October 5th, 2007
Despite volatility on Wall Street, the accounting industry is rapidly expanding. The catalyst behind this hiring surge: the adoption of Sarbanes-Oxley back in 2002. Over the past five years, business dealings have become more complicated, corporate financial reporting has received increased scrutiny and the battle against fraud has become a greater priority. A Deloitte spokeswoman [...]
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