eFinancialCareers

Successful career transitions are the topic for the first entry in our updated lineup of low-cost and free events of interest to financial professionals. All the following events take place in New York City. *** The Columbia Business School Alumni Club of New York (CBSAC/NY) presents a program on career transitions. Two former sell-side analysts and two former buy-side analysts (all from top Wall Street firms) will describe how they leveraged their... Read more

Reputation-wise, credit rating firms were among the worst casualties of the recent financial crisis. Now, structured credit deals that briefly accounted for more than half the ratings business are showing glimmerings of life – but rating firms aren't invited to the party. While an ominous signal for rating companies, the budding tendency may be good news for individual credit risk professionals. This past summer Credit Suisse reportedly sold an unrated residential... Read more

Good news: Get ready for your largest year-end bonus since the credit bubble burst. Bad news: The credit bubble burst the year before last. So while most sell-side traders, capital markets bankers and support staff on Wall Street will get a fatter payday than they did in 2008, even those categories' average payouts will fall short of 2007 or 2006. Many other business segments – including asset management, wealth management... Read more

Just a few quarters after risk became a dirty word, there are growing signs investors again fear missing the train more than than they fear the danger of another train wreck. One such sign is a modest revival of commodity hedge funds. Yesterday, Bloomberg News reported a new fund called Flintlock Commodity Opportunity Partners LP, led by Tudor Investment's former commodity whiz Steve Mathews, is set to open in January, "as... Read more

That's Bloomberg the data vendor we're talking about – not Michael Bloomberg and his surprisingly close re-election Tuesday to a third term as mayor of New York. Net sales of Bloomberg terminals have been on the upswing since June, after holding in negative territory from November through at least March, according to BusinessInsider. That's good news not just for Bloomberg LP – which continued to add headcount in the first... Read more

Keeping your career on the right track can require more than staying on the good side of your boss and immediate co-workers. It can also mean heading off a budding conflict with a person in a different department, such as human resources. An enemy in HR is especially dangerous, observes office politics expert Vicky Oliver, author of Bad Bosses, Crazy Coworkers, and Other Office Idiots. That's because if layoffs happen, HR... Read more

Lightyear Capital to Acquire ING Advisor Network [Lightyear Capital, via BW] Robertson, Tiger and Henry Start Private Equity Firm [Bloomberg News] BTIG Expands Emerging Markets Fixed Income Sales and Trading Platform [BTIG LLC, via BW] Libra Securities Joins Houlihan Lokey [Houlihan Lokey, via BW] Scott Balice's New Student Loan Model Provides Financing Options [Scott Balice Strategies, via PRN] SV Life Sciences Strengthens Team with New Venture Partners [... Read more

A conversation with Fuwad Beg, managing director at Yasaar Human Capital, a Dubai-based executive search firm serving the Islamic finance sector on a global basis. It is a division of Yasaar Ltd., a Shariah advisory and compliance solutions company. Islamic or Shariah compliant finance involves financial products structured to satisfy the Quran's prohibition on paying or receiving interest, selling borrowed or notional assets, or profiting from forbidden goods (pork, alcoholic... Read more

Baird Names Wypiszenski Chief Operating Officer of Private Wealth Management [Baird] The PrinceRidge Group LLC Names Leland Harrs and David Gilio to Its Corporate Finance Team [PrinceRidge, via BW] Ticonderoga Securities Expands With Launch of Equity Derivatives Group Led By Industry Veteran [Ticonderoga Securities, via BW] TIAA-CREF Names Teresa Hassara Head of Institutional Client Services [TIAA-CREF, via BW] TIAA-CREF Names Kevin Nazworth Vice President, Head of Health Care Segment [TIAA-CREF, via BW] M... Read more

RBS Hires Paul Feidelson as Head of Commercial Paper, Americas [Royal Bank of Scotland] Citadel Securities Head D’Souza Leaves After a Year [Bloomberg News] CNA Appoints David Rutkowski, Senior Vice President, Commercial Segments [CNA Financial] Former Federal Reserve Board Officer, Angela Desmond, Joins Corporate Risk Advisors as Managing Director [Corporate Risk Advisors, via BW] Pfgbest Launches Global Services Division Naming Scott Slutsky Managing Director [Pfgbest, via BW] Open Solutions Appoints New Leader for Account Management... Read more

Should older job seekers make it difficult for employers to gauge their age from a resume? While this is no time to scrap the traditional resume with work experience carefully dated, there are circumstances where older candidates needn't reveal all, resume consultants and recruiters say. It's acceptable to exclude or massage early work and education dates that could highlight age at the expense of job qualifications and skills. "Every situation is... Read more

Real Estate Veteran Mike Brennan Launches Industrial Real Estate Investment Firm [Brennan Investment Group, via PRN] Franklin Myers Joins Paine & Partners as Operating Advisor in the Energy Sector [Paine & Partners, via PRN] Paymetric Adds Two Industry Experts to Executive Team [Paymetric] Southwest Securities Opens Fixed Income Office in San Francisco [Southwest Securities, via PRN] Iron Capital Announces Wealth Management Practice [