Career breaks beckon bankers

Career breaks beckon bankers

Out of work and struggling to find a decent job? Would now be a good time to take a career break? James Incles, managing director of Morgan McKinley's…

Should bank bosses work for $1 too?

Should bank bosses work for $1 too?

The bosses of Ford and General Motors have offered to work for salaries of $1 a year if Congress approves the $27bn aid package they're asking for. It's…

Mizuho hiring goes electronic

Mizuho hiring goes electronic

Japan trails behind Europe and the US when it comes to electronic trading, but Japanese banks may finally be about to get in on the act. And that…

Japanese compliance hiring is not dead

Japanese compliance hiring is not dead

Compliance recruitment may be sluggish in Japan, but Tokyo's recruiters can still see opportunities out there for strong candidates. Alan Graves, division manager, Robert Half Financial Services Group,&hel

Redundancies come to Nomura

Redundancies come to Nomura

Is Nomura going to cut hard into Japanese jobs? This is the obvious question after last week's revelation that Nomura's eliminating jobs for ex-Lehman staff in Asia. At…

Is Japan experiencing an expat exodus?

Is Japan experiencing an expat exodus?

With job cuts, depressed hiring levels and a widely anticipated reduction in bonuses in Tokyo's financial services sector, foreign bankers could be excused for deciding to cut their…

Trading jobs take a tumble

Trading jobs take a tumble

The outlook is bleak for Japan's brokerage sector, but just what impact is the equities slump having on trading roles? Nomura's heavy second-quarter losses show that the global…

Bad omen for Nomura bankers

Bad omen for Nomura bankers

First they had to tolerate the arrival of 2,500 Lehman bankers on inflated guarantees. Now Nomura's existing staff are being asked to take orders from their uninvited guests.…

Would you take a pay cut to save your bank?

Would you take a pay cut to save your bank?

What's worse for your career (and your ego) - being thrown on the redundancy scrapheap, or having your salary slashed by a quarter? That was the dilemma faced…

Another wave of layoffs on the way?

Another wave of layoffs on the way?

Bloomberg reported recently that Citigroup has started to shed staff at its investment banking unit, Nikko Citigroup. According to the report, at least 10% of Nikko Citigroup's 1,600…

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