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Tag: Relationship Manager
Lloyds is recruiting workout specialists in Edinburgh for its Irish portfolio
For Lloyds Banking Group, Ireland remains a problem despite the firm’s decision to pull back from the country in August last year. It has a 26.7bn Irish portfolio and took a charge of 1.1bn in the first quarter of this year to allow for further falls in commercial property prices. However, in a small way, [...]
Why corporate bankers in Ireland are receiving pay rises
It hasn’t been a great couple of years for corporate bankers in Ireland, what with redundancies, pay cuts and the whole finger-pointed-for-the-country’s-economic-meltdown thing. But their situation is starting to look up. Salaries for commercial and corporate bankers have actually increased over the course of 2010, on the back of greater demand for their services. The [...]
A steady stream of corporate banking recruitment emerging again
It’s a slightly surprising development to say the least, but both domestic and European banks have been among the most active recruiters within their commercial and corporate divisions over the last three months. The latest recruitment snap-shot into the Irish financial services sector by Robert Walters pointed to healthy levels of hiring “predominantly in commercial/corporate [...]
The downs (and now ups) of Ireland’s fund industry job market
Ireland’s funds industry lost nearly 750 jobs from the peak of 2008 to the end of last year, with most major houses cutting their cloth as the financial crisis hit home and assets under administration tumbled. Now, however, employment is on the up. The Irish Funds Industry Association has supplied us with the latest employment [...]
Some firms want to hire Irish corporate bankers
In normal circumstances, the fact that a couple of international institutions are recruiting for a few corporate banking roles in Ireland wouldn’t attract a lot of attention. However, because they’re among the only firms to have looked to hire within this beleaguered sector for some time, the industry has sat up and taken note. Both [...]
Falling pay in corporate banking and operations
If you work in risk or compliance you’ve got a better chance than most Irish financial services workers of getting a new job this year. However, if you’re in corporate banking or operations, you’ll be facing the recession with less cash in your pocket. The latest salary survey by recruiters Robert Walters paints a predictably [...]
Reversal of fortunes for corporate bankers
Corporate banking, an area that was aggressively expanded in Ireland last year, is now facing a recruitment freeze. Last year corporate bankers were the darlings of the Emerald Isle, with credit analysts, relationship, acquisition and project finance managers all eagerly courted by players like Bank of Ireland, AIB and Ulster Bank as they ramped up [...]
HSBC hires for Ireland
HSBC is looking to expand its new corporate banking division with a “significant number” of hires in Ireland. “We will be hiring in Ireland. I haven’t finalised exact plans yet, but certainly it will be a significant number of people,” says Alan Duffy, who will head the new Dublin-based team. “We will be hiring relationship [...]
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 [...]
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