Company: Bank of America

Five countries which would gladly accept applications from Irish financial services professionals

It’s official: Ireland’s emigration problems are worse than during the 1980s. An unprecedented 1,000 people are leaving every week, and a net 100,000 people are tipped by the Economic and Social Research Institute to have left the Emerald Isle by 2012. Among these are likely to be the new legions of unemployed coming out of [...]

By Paul Clarke, 27 January 2011 • 0 comments

Compensation – Going Up?

With both trading profit and underwriting business rebounding in many markets, the newspapers are rife with stories about the return of boom-era paydays. Goldman allocated $11.36 billion for compensation and benefits expense in the first six months of 2009. That figure, which averages $386,000 per employee, stands higher than it did at the halfway mark [...]

By eFinancialCareers News, 21 July 2009 • 2 comments

Firms to focus on up-skilling existing employees

Despite the slightly odd timing, considering most financial services firms in Ireland are looking to scale back staff numbers currently, a government-backed training scheme for the industry has been given the green light and is set to be formally rolled out in the next few weeks. The Department of Enterprise, Trade and Employment has earmarked [...]

By Paul Clarke, 21 July 2009 • 0 comments

Some fund administrators quietly recruiting

The previously frantic recruitment scene within Ireland’s funds industry has been something of a ghost town over the last nine months. However, there are signs that hiring is kick-starting once again, but mainly within multi-national firms. Speaking about the Irish funds industry in the annual Hedge Week special report on the country, William Slattery, head [...]

By Paul Clarke, 14 July 2009 • 0 comments

Merrill’s Irish staff fret over futures

The future of Merrill Lynch’s Irish operations has yet to be decided, following the bank’s purchase by Bank of America. Some of its 800 staff are getting nervous and putting feelers out into the job market, but it seems they are mainly staying put. The mainstay of Merrill’s Irish presence is its global markets and [...]

By Paul Clarke, 24 September 2008 • 0 comments