Global bloodshed in Aus: is the worst over?

Global bloodshed in Aus: is the worst over?

After the horrors of late 2008, the international banks might have begun to reduce the rate of their redundancies here. And the indications are that Australia will be…

Are Aussie funds in crisis?

Are Aussie funds in crisis?

Is 2009 set to be the worst ever year for working in Australian funds management? The sector has already lost hundreds of jobs and more cuts might be…

Is risk Australia’s safest job?

Is risk Australia’s safest job?

Getting a job in risk might be the best way of riding out the recession. Layoffs in this business-critical sector are almost unheard of and hiring is still…

Why Aussie funds don’t want juniors

Why Aussie funds don’t want juniors

It pays to be old and wise in Australia's funds management industry. As times get tougher, inexperienced staff are the most in danger of being cut and the…

Should banks do more to keep credit flowing?

Should banks do more to keep credit flowing?

The federal government has been helping out Aussie banks to ensure they don't get credit crunched as badly as their overseas counterparts. But are our banks keeping up…

Hedge funds hit hard times

Hedge funds hit hard times

Fees are falling, redemptions are rising, jobs are being cut, and selling is no longer short - it's not a great time to be working in an Aussie…

What’s in store for the Big Four?

What’s in store for the Big Four?

CBA profits are shaping up to be more than 20% above analysts' expectations. Is this a sign of sunnier times ahead for the Big Four? A revenue surge…

ANZ gets ambitious with Chinese hiring

ANZ gets ambitious with Chinese hiring

Could an Australian firm really rank among the largest foreign banks in China? ANZ certainly thinks it can become one of the big boys and it is beefing…

Wealth management slows as MLC slashes jobs

Wealth management slows as MLC slashes jobs

The days of heady hiring are over in wealth management as banks become much pickier about who they take on. The Big Four are trimming their underperformers and…

Job cuts: is the worst still to come?

Job cuts: is the worst still to come?

Now that Australia Day is over, 2009 can finally begin in earnest. But the banking sector might wish it was still on vacation - more bloodshed looms on…

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