Australian bankers spared redundancy

Australian bankers spared redundancy

Wholesale redundancies don't seem to be on the agenda right now for Australia's major and regional trading banks, or for most of the investment banks. That's the word…

Leveraged financiers out of luck

Leveraged financiers out of luck

The bottom has fallen out of the leveraged finance market, but there don't seem to have been many redundancies - yet. Sharad Jain, director of the financial institutions…

Quant risk is the new black

Quant risk is the new black

It's a great time to have risk - someone else's. Suddenly everyone's screaming for quant risk specialists. The Robert Walters Salary Survey 2008 says salaries have jumped to…

What’s happening to banks’ IT hiring?

What’s happening to banks’ IT hiring?

The spate of senior-level technology departures at St George Bank continues. Acting chief information officer, Greg Booker, was the latest to jump ship. Booker is off to wealth…

Electric demand for energy traders

Electric demand for energy traders

Volumes of electricity and futures options have hit record levels and energy trading desks are fizzing. d-cyphaTrade, the energy market's official product sponsor and development company, says the…

For sale sign up at ABN AMRO Australia

For sale sign up at ABN AMRO Australia

Who'll buy ABN AMRO's Australian unit? And what will happen to its 700 local staff? With a reported AU$1bn price tag, and most banks struggling to find cash…

Bank jobs plummet

Bank jobs plummet

It's not looking good if you fancy landing a job in the Australian financial services market. The Aussie banking sector job market is floundering, according to the most…

Exile on Wall Street?

Exile on Wall Street?

Wall Street is definitely not the flavour of the month at the moment, especially when it comes to investment banking. It's not really surprising, therefore, that many Australians…

False sense of security?

False sense of security?

The US financial services industry is burning, but who's to say Sydney's so safe? Bear Stearns doesn't have an Australian office and Macquarie and Babcock made healthy profits…

Wet season could signal job deluge for agri-specialists

Wet season could signal job deluge for agri-specialists

Are we about to see torrential demand for bankers and traders with agricultural expertise? Maybe - the recent end of the drought in some areas and rising prices…

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