The amount of dollar-denominated bonds issued by companies in Asia is growing almost 10 times faster than the global corporate debt market, raising concern that investors are lowering their standards as they seek to take advantage of the region’s relatively high yields.
Cyprus’s economy will contract by at least 5 percent and possibly by more than 15 percent this year, according to most financial analysts, portfolio managers and other investment professionals on the island interviewed in a survey.
A record 139,900 candidates enrolled for the Chartered Financial Analyst exam in June, an increase of 9 percent from last year as applicants seek a hiring edge in the recovering financial-services industry.
CFA Institute , the global association of investment professionals that awards the Chartered Financial Analyst designation, said the answer sheets of 275 candidates who took exams in Ghana last month were lost.
Work in a bar. That was a friend’s suggestion for Harvard graduate Sara Grillo after she was laid off from Lehman Brothers Holdings Inc. in 2008. Two years later, the hedge-fund analyst is campaigning to get more women into top financial jobs.