Sector: Capital markets

Dublin death for City finance careers?

Dublin’s financial services firms are certainly eager to hire bankers with experience of working in the City of London. But is a move to the Emerald Isle always a retrograde step? One person to ask might be Mike Perrick, a former head of foreign exchange institutional sales for Europe, the Middle East and Africa at [...]

Front office roles flock to Dublin

Dublin is fast emerging as a prime location for front office jobs, and is shooting up the global financial centre ranking tables. The latest Global Financial Centres Index (GFCI) shows the Irish capital is finding its feet on the global stage. In this survey, Dublin was ranked 13th, up from 15th in the previous study [...]

Editor’s take: Conservative cover from the credit crunch

Irish banks’ sub-prime bruises pale in comparison to the battering banks have taken globally, but you shouldn’t be popping the champagne corks just yet. It’s the moment of truth for the two big players in the Emerald Isle – Bank of Ireland and Allied Irish Bank – whose long-professed sanguine attitude surrounding the global credit [...]

Counting the cost of the equity fallout

Weather report from the equities recruiting front in Ireland: it’s freezing. Irish equities have had a torrid time over the last seven months. They lost €8bn in the latter half of 2007 as jitters over the health of the Irish economy took hold, and a further €4bn in January amid the turmoil over a possible [...]

Make hay in M&A – and equity capital markets

This year alone, Irish companies expect to spend €10bn on foreign M&A activity, while action is hotting up on the new IEX market as well, with four or five companies predicted to float, the recent International Association of Investment Bankers (IAIB) conference in Dublin was told. “We’re coming into an up cycle, so there’ll be [...]

Capital markets professionals wanted!

Demand for staff to service Ireland’s equity capital markets is buoyant and looks set to stay that way. “I would expect 2007 to be consistent with last year,” says Colin McGhee, a director at financial recruitment agency Paragon Search. “The market is globalising so there is an increase in cross-border listings and more competition between [...]

Best jobs still elsewhere

Recruiters say coveted front office roles are still few and far between in Dublin’s financial sector. “Dublin still has a small trading presence where nepotism rules and often you need the right schooling and right background to get you a front-office job,” says Edward Cox, manager of the banking and finance desk at recruitment agency [...]

Dublin front office wave still offshore

Chris Manfield, a headhunter at Whitney Group ‘s London office, sources talent for investment management businesses in Ireland. He says many of Ireland’s largest funds look for staff from abroad: “There isn’t necessarily the quality of people in Dublin, and big funds like Pioneer have the ability to source staff from anywhere given their fundamental [...]

Job wrap: Heavyweights bow out, banks expand

Derek Walker, chairman of Morgan Stanley Europe, and Sir John Bond, chairman of HSBC, announced their retirements last week. Walker, who will stay on as a senior advisor, was replaced by Jonathan Chenevix-Trench, chairman of Morgan Stanley’s institutional securities business and of the European management committee. Sir John Bond announced he will retire as HSBC [...]