Sector: Sales & Marketing

Equity slump hits hiring

Hiring freezes, shrinking bonuses and ailing equity markets? It’s a tough time to be in equity sales or trading in Tokyo. Massive falls in the benchmark Nikkei N225 (Reuters), coupled with global cost cutting, have taken their toll on banking sector hiring. Jeremy Sanderson, CEO at Icon Partners, says hiring levels in equity derivative sales, [...]

By Rob Goss, July 8 2008 • 0 Comments

Lehman and Bear to draw blood in Asia?

Will the crisis at Bear Stearns, and Lehman’s plan to axe 5% of its global workforce, mean heads will roll in Asia? Lehman is making no formal comment on the plans but it’s understood that while cuts will be made across all businesses in all regions, the majority of the redundancies will bite in the [...]

By Sarah Butcher, March 17 2008 • 0 Comments