A.E. Feldman Blog

Growth in Asia continues to create opportunities for U.S. attorneys seeking positions at home and overseas. Skadden, Arps, Slate, Meagher & Flom has opened an office in Shanghai which will focus on M&A, corporate finance and real estate. The move is part of the firm’s expansion in the Asia Pacific region. Skadden, which opened its [...]

State Street joins the chorus of firms calling for increased focus on risk management as the bank addresses its off-balance sheet exposure to the subprime mortgage market. The U.S. custodian bank has appointed Maureen Miskovic to the newly created position of Chief Risk Officer. Miskovic, who is to report to State Street Chairman and CEO, [...]

The global carbon market is heating up at a fast and furious pace. Point Carbon predicts that the global carbon market will see 4.2 billion tons carbon emissions (CO2e) transacted during 2008, up 56% from 2007. The group also contends that carbon prices are now seen as an important factor in the operating and investment [...]

Citigroup is reportedly joining a growing number of firms looking to capitalize on the vital need for infrastructure investment. The bank, which is targeting utility and airport assets, is seeking as much as $5 billion for its first infrastructure fund, according to Bloomberg. Back in May 2007, Citigroup Alternative Investments announced the creation of a new [...]

A.E. Feldman’s blog reaches a new milestone: 200 posts. The site has become a popular destination, effectively capturing the attention of tens of thousands of readers on every continent. The blog offers a unique blend of news and insight into the recruiting process. Updated daily, the blog provides accurate and insightful information on current hiring [...]

Bankruptcies are expected to surge as the economy declines. In fact, new research indicates that filings are already on the rise. U.S. consumer bankruptcy filings jumped 27% nationwide in the first quarter of 2008 compared to the year-ago period, according to the American Bankruptcy Institute (ABI). March consumer filings alone reached 86,165 - up 13% [...]

Thanks to the accounting scandals at Enron, Tyco and WorldCom, firms are under greater scrutiny to be clearer with financial statements, audits and tax reports. Complicating matters, business and tax issues have become more intricate thanks to language barriers, diverse cultures, different currencies and technology as well as complex international tax laws. Applying regulatory reforms [...]

The lingering credit crisis has forced firms to boost their balance sheets and safeguard against future market shocks. As a result, the field of financial risk management has grown and continues to advance at a rapid pace. The renewed emphasis on risk has also ignited debate on current practices and potential weaknesses. One issue in [...]

Profits for UAE banks jumped 23% in 2007, according to a report by Business 24-7, citing research compiled by Global Investment House. The report states that banking assets have grown across the board in the UAE which has enabled rapid credit expansion to households, corporations and public and quasi-public enterprises. Abu Dhabi, in particular, is [...]

Hillary Clinton has announced a plan to create three million new jobs through investments in the nation’s infrastructure, according to MarketWatch. Speaking at the Pennsylvania AFL-CIO Convention in Philadelphia, Clinton called for a $10 billion emergency repair fund. “I’ll fight for every single job in America and create millions of new, high paying jobs that [...]