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  • Martin Sass celebrates his thirtieth year in the distressed-debt investing business this year. He is in no doubt that business prospects are the best he's ever seen.
  • Paribas
  • Investment banks have resorted to classifying their staff as nothing more than numbers to simplify redundancies.
  • Here's a thought for the hordes of investment bankers twiddling their thumbs at home after the latest round of job cuts. How about spending a lovely spring day in the garden thumbing through a newly published book on personal brand development?
  • It has long been the preserve of the literati and the chattering classes who might normally look to raise art high above wealth in importance.
  • Bank of America CEO Ken Lewis is aiming for a goal that no-one has yet achieved. He wants to be the first chief executive of a commercial bank to build a successful, sizeable and sustainable US investment-banking franchise. Plenty have tried - some are still trying - but whether domestic players or European banks they have in the end all had to make one of three choices: to buy, sell, or give up.
  • All the indications are that Singapore is losing economic ground to immediate regional neighbours and – a bigger, more distant threat – Hong Kong and mainland China to the north. The financial authorities and some investment bankers deny that there is a problem, or at least one that can’t be solved, but ideas for a change of direction are thin on the ground.
  • Issuer: JetBlue Airways CorpAmount: $158.4 millionLaunched: April 11 2002Lead manager: Morgan Stanley
  • Dubai is moving fast to develop an international financial centre with strategic links to western markets. Its plans are ambitious but UAE regulatory problems, regional rivalries and simmering political tensions might prove to be stumbling blocks.