Sector: Trading

Financial jobs are going green: part II

In Part II of a two-part series, Warwick Peel and Brendon Booth, co-founders of pb Human Capital, examine the type of jobs that the renewable energy and carbon sectors are creating. If you haven’t read Part I, click here. The growth of the renewable energy and clean technology investments arena, and the emergence of a [...]

Financial jobs are going green: part I

In Part I of a two-part series, Warwick Peel and Brendon Booth, co-founders of pb Human Capital, explain why green job opportunities are increasing in Australia and highlight the key players in the carbon trading market. The renewable energy industry and carbon markets represent the future of sustainable careers in financial services. Carbon offset pressures [...]

SMX steps up hiring

The new Singapore Mercantile Exchange (SMX) is searching for staff as it prepares for trading in early 2009. SMX is looking to boost its current 15-strong headcount, according to a director-level spokesman. He tells us: “We are recruiting aggressively at the moment and expect to have about 75 staff in place by the time we [...]

Are Aussie brokers becoming corporate drones?

Working for a niche brokerage firm in Australia? Your days of independence look numbered as the chimes of consolidation ring round the brokerage industry. Southern Cross Equities’ recent sell-out to Bell Financial, which follows CMC Markets’ takeover of Andrew West, is another nail in the coffin for standalone brokerages in Australia (Sydney Morning Herald). Other [...]

Time to get tough on short-sellers?

Babcock & Brown, Macquarie Group, Allco Finance – they’ve all suffered at the hands of short-sellers. But now a Federal parliamentary committee is calling for a massive overhaul of the disclosure rules for short-selling. This potential shake-up is long overdue and could in theory provide banks (and banking jobs) with more protection from these pests. [...]

Cantor targets i-banks for Asian expansion

Cantor Fitzgerald has plans to further expand its headcount in Hong Kong and Singapore, following the opening of a new office in the Lion City. And it’s looking at the i-banks as a source of fresh talent. The US brokerage, which also employs about 50 people in Hong Kong, has taken on five Singaporean sales [...]

Deutsche gets ready to raid Citi

Now may be a good time to get your CV to Deutsche Bank – especially if you work for Citigroup. A major recruitment drive is expected at Deutsche in Hong Kong as the German giant gears up for its third-quarter 2010 move to Kowloon’s International Commerce Centre. And Citigroup high fliers could be top of [...]

What happened to all the securitization bankers?

There is drama galore in the murky world of securitization, but for bankers’ jobs the outlook seems decidedly tragic. It remains to be seen whether the recent decision by the Reserve Bank of Australia (RBA) to buy AU$780m of mortgage-backed bonds will help to kick-start the market, says one leading economist, who asked not to [...]

ANZ awaits its commodities dream team

ANZ may be in a mess back in Melbourne, but in Singapore it’s looking for local talent to kick start its new commodities division. The Aussie firm will face competition as the recruitment market heats up for specialist traders with Asian expertise. The bank, which is considering job cuts in Australia, has opened a commodities [...]

Are day traders all trash?

They’ve “pissed off” ANZ boss Mike Smith, and chances are they’ll be top of your hate-list too. Are blood-sucking day traders the trailer-park trash of the finance world? Never one to mince his words, Smith said last week that ANZ’s share price should never have collapsed over Opes Prime and that its descent was all [...]