Unicredit is getting rid of 60-80 equities people in Russia, Romania, Turkey and Poland

Unicredit is getting rid of 60-80 equities people in Russia, Romania, Turkey and Poland

Bloomberg reports today upon redundancies at Unicredit: the Italian bank is, 'shrinking its cash equity division in central and eastern Europe as part of a plan to increase profitability…

If you want to get paid well in the new reality, avoid BNP, SocGen, Morgan Stanley, Credit Suisse and UBS

If you want to get paid well in the new reality, avoid BNP, SocGen, Morgan Stanley, Credit Suisse and UBS

Kian Abouhossein and his team of financial services analysts at JPMorgan have issued a new report warning on the threat that central counterparties pose to the stability of the…

Yes, Renaissance Capital is making redundancies

Yes, Renaissance Capital is making redundancies

A few weeks' ago, we speculated that Renaissance Capital might have over-expanded and would be making redundancies. Now it appears that this is indeed the case. Citing, "two…

Incidentally, headhunters are warning of impending redundancies in FICC businesses

Incidentally, headhunters are warning of impending redundancies in FICC businesses

Now that FICC businesses aren't going to be a big investment banking growth engine after all this year, it was probably only a matter of time before the oracles of…

Unfortunately, only 10% of financial services professionals think Russia can become a global financial services centre by 2020

Unfortunately, only 10% of financial services professionals think Russia can become a global financial services centre by 2020

Andrey Sharonov, mayor of Moscow, has big intentions when it comes to transforming his city into a global financial centre. Earlier this year, he told journalists that 90%…

Want to work for Brevan Howard? It looks quite unlikely in London

Want to work for Brevan Howard? It looks quite unlikely in London

Brevan Howard is hiring – in Hong Kong.  It’s just announced the appearance of David Adams, former head of rates trading at Morgan Stanley in Australia.   Not…

VTB Capital’s chairman says Russian banks can grow another 20% in 2012

VTB Capital’s chairman says Russian banks can grow another 20% in 2012

Bloomberg has been speaking to Yuri Soloviev, chairman of the board at VTB Capital, and Yuri Soloviev has some good news: despite the eurozone crisis, Russia's banks should…

Nightmare for junior corporate financiers with private equity aspirations: banks are identifying and pre-emptively sacking them

Nightmare for junior corporate financiers with private equity aspirations: banks are identifying and pre-emptively sacking them

There’s one thing worse than being an analyst or 1st year associate spending your every waking hour on pitchbooks, and that’s being an analyst or associate spending your…

Merrill Lynch International made an operating loss of $268m last year, increased headcount 30%, and paid its average employee $488k

Merrill Lynch International made an operating loss of $268m last year, increased headcount 30%, and paid its average employee $488k

Merrill Lynch International, the London-based business of what was once known as Merrill Lynch before it was subsumed into Bank of America, has released its results for the…

Coutts is hiring. Be aware that it only wants senior people and may pay a very big base and quite a small bonus

Coutts is hiring. Be aware that it only wants senior people and may pay a very big base and quite a small bonus

Coutts has let it be known that it’s looking for private bankers. In today’s Financial Times, Michael Morley, chief executive of Coutts UK, elaborates on the bank’s appetite…

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