Company: Markit
GUEST COMMENT: How to make your first million (now that this will no longer happen in a bank)
The City is no longer the quickest way to make a first million, or even a fast buck. It used to be; several people I graduated alongside are now set for life. The pressure’s off – they’re done. Unfortunately for the rest of us, the chances of making retirement money from banking are now lower [...]
Lunchtime Links: The Independent Commission on Banking suggests an alternative method of separating banks
The Independent Commission on Banking has produced an Issues Paper and ‘call for evidence’ before it makes any decisions on restructuring British banks. The option of totally segregating retail and investment banks is in there, but so is an interesting halfway house. Alongside complete separation, which it admits could be “unworkable” and “of little practical [...]
The six securest jobs in financial services today
As mentioned last week, the threat of redundancy appears to be receding. With the exception of Commerzbank, which has indicated that it will make even more redundancies than planned at Dresdner K, and UBS, which has announced plans to cut another 2,500 investment banking jobs before the end of this year, most banks are busy [...]
Someone’s looking for 50 credit specialists
Predictably, it’s not an investment bank. The company doing all the hiring is Markit, the information services provider. According to its head of HR, it is currently looking to hire 40-50 people in Europe, plus another 30 in the US and additional staff in Asia Pac between now and the end of the year. Markit [...]
UK
