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Kenyan companies are finding it hard to get the money they need to expand their operations as banks tighten lending......

Now, what you’ve all been waiting for… GMAC announced today a new loan program for international students. To quote the press release: “Responding to a request from the Graduate Management Admission Council® (GMAC®), a leading international bank has joined with experienced servic...

Part of an ongoing series “MBA in Finance: Forget It?” My question: Given the weakness in investment banking, hedge funds, and financial services in general, how do you react to applicants who say they want an MBA to enter IB, PE or a related field that has been devastated by the economi...

Part of an ongoing series “MBA in Finance: Forget It?” My question: Given the weakness in investment banking, hedge funds, and financial services in general, how do you react to applicants who say they want an MBA to enter IB, PE or a related field that has been devastated by the economi...

For private equity firms hoping to get hard-to-find financing for deals, there's one less place for them to turn. Tucked into the Royal Bank of Scotland's announcement of a $34.2 billion annual loss - the largest in British corporate history - was word that the partially nationalized firm was gettin...

Foreign professionals working in finance in Dubai have been hard hit by the economic downturn. Now, their jobs in the once-bustling city-state may be even less secure. The government of the United Arab Emirates announced Wednesday that private-sector employers were not allowed to lay off Emirati wor...

Wall Street executives have been catching heat lately for picking up fancy furniture, flying private jets and enjoying other perks on the corporate dime. Now, the former operator of a high-priced prostitution ring in New York is alleging that clients who worked for some of Street's best-known firms ...