JP
Company: Citi
Banks tell headhunters to find more female execs, while Nomura, Morgan Stanley, RBS and Citi appoint women to senior roles in Asia
We all know that female bankers at the top of the food chain aren’t all that common. A recent poll in Financial News found that less than 5 per cent of senior executives in investment banks are women. In Asia, however, a string of senior appointments and requests to recruiters to select more women for [...]
US banks on road to recruitment recovery
Large US banks like Goldman Sachs and Citi are slowly starting to hire again in Tokyo. After cutting their way through the worst of the financial crisis, they are finally increasing their headcounts. Warwick Pearmund, a consultant at Slate Consulting, says the current need for rebuilding comes as a result of US firms having cut [...]
How big was your redundancy?
Foreign financial firms fired some 4,300 staff in Japan in the 15 months through March, according to Bloomberg. But hold back your tears: the Financial Times is reporting that lots of those deemed surplus to requirements are getting handed their pink slips along with bumper severance payouts. Near the top of the list of generous [...]
Staff await fate if Citi sells Nikko
Rumours are rife in Tokyo that Citigroup is about to offload some of its Japanese units barely one year after investing US$15bn on beefing up its Japan business. A recent Reuters report suggests its brokerage Nikko Cordial Securities and investment firm Nikko Asset Management could be sold to one of the major local players. Mizuho [...]
Would you take a passage to India?
Credit Suisse has unveiled plans to double staff numbers in India and isn’t the only bank upping staff numbers in the region – Swiss rival UBS is also looking to double its Indian headcount and the likes of Merrill Lynch and Citi are also building their business on the subcontinent. M&A deals in India are [...]
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