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The strikes in South Africa aside, global platinum demand is not expected to keep up with production.
The case for big banks
In a New York Times op-ed, former JPMorgan chief William B. Harrison Jr. rebuts Sanford Weill’s argument for breaking up the big investment banks. While acknowledging the anger at the financial system, he asserts that “every part of this argument is based on a fallacy.”
Citigroup tears a strip off Nasdaq
Nasdaq’s offer of compensation for the botched Facebook IPO has Citigroup seeing red.
Investment banking staff fall by 10,000 in a year
The number of investment banking jobs at the world’s largest banks has fallen by around 5.6 per cent over the past 12 months, according to Financial News analysis.
Mike Tyson to attend CLSA event
Former boxer to add some celebrity flavour to a Hong Kong investor forum.
Second half oil patch spending to decline
Lower commodity prices and a poor capital market will force oil and gas companies to spend less on exploration and development in the second half of 2012 than they did in the first, a report says.