ABN Amro to cut 500 investment jobs

ABN Amro to cut 500 investment jobs

The cuts reflect the need to tackle costs amid difficult market conditions, as well the bank's desire to organise its business along more global lines. About 150 jobs…

Outplacement firm’s simulation rescues traders from cold turkey

Outplacement firm’s simulation rescues traders from cold turkey

However, help is at hand to ease the transition to a more humble and lonely life away from the trading floor. Alfie Noakes, chairman and founder of the…

Living and working in Hong Kong

Living and working in Hong Kong

As Asia's premier international financial centre, Hong Kong offers excellent career opportunities. Many people also find it an exciting place to live, with a vibrant social life, good…

Salary survey: Operations pay rises in asset management firms

Salary survey: Operations pay rises in asset management firms

A battle with investment banks to hire talent has led to an increase in salaries of operations and support staff working for UK fund managers, the recruitment company…

Search firm lays off New York staff, cites downturn

Search firm lays off New York staff, cites downturn

Martin Armstrong, the owner of the London-based firm, said the poor state of the job market was a factor. &quotThe urgency has gone out of the existing searches.…

Morgan Stanley begins job cuts

Morgan Stanley begins job cuts

Morgan Stanley, the US investment bank, began shedding 1,500 jobs this week as Wall Street stepped up the pace of cuts in the face of a global capital…

Survey highlights good and bad London recruitment firms

Survey highlights good and bad London recruitment firms

Four search firms share the top ranking in high-level banking and finance jobs in this year's London Professional Recruitment Guide. They are two boutiques - Hogarth Davies Lloyd…

Goldman Sachs wealthy ranked by Sunday Times

Goldman Sachs wealthy ranked by Sunday Times

For anyone who is in any doubt about Goldman Sachs as a money-making machine, how about this for a statistic: 3.3% of the richest 300 people in Britain…

Mergers are no fun, even with redundancy pay

Mergers are no fun, even with redundancy pay

Then they and perhaps their family can be put through an anxious, gut-wrenching time, which is not reflected in the press coverage. Contrary to popular belief, not everyone…

Putnam president lays off 4% of workforce

Putnam president lays off 4% of workforce

Putnam president Larry Lasser has announced plans to lay off 4% of his 6,000-strong workforce, just weeks after it was reported that he secured a bonus of $33m…

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