Sector: Credit

Risk sector view: Banks gearing and paying up

It’s been a good year for risk specialists. The gurus of disaster prediction and mitigation are back in fashion, and they can earn sizeable premiums applying their talents in industry hot spots. Recruiters globally report robust demand for risk experts across the three main areas of the profession: credit risk, market risk and operational risk. [...]

By anonymous, 9 November 2005 • 0 comments

Oz credit risk market hires in and pays more

Soaring issuance of corporate debt and twitchiness about potential bankruptcies are driving recruitment in the Australian credit risk market. Foreign talent is welcome to apply. “The market is currently strong for credit risk professionals, especially those with UK and European experience,” says Patrick Everest at Sydney-based Jon Michel Executive Search. “Most firms have an appetite [...]

By anonymous, 2 November 2005 • 0 comments

Job wrap: Going, going, gone

There were a lot of departures in the world of European finance last week, some more deliberate than others. It emerged that Fox-Pitt, Kelton, the financial services specialist investment bank, had seen the back of four senior corporate financiers. John Wells, London global of corporate finance, and Mark Davidson, London head of corporate finance for [...]

By anonymous, 10 October 2005 • 0 comments

Job wrap: Heavyweight moves in investment banking

There was no shortage of hiring announcements last week, where the weightiest fell in the world of investment banking. Lazard hired Riccardo Pavoncelli, a veteran Morgan Stanley banker, as head of European cross-border transactions. Pavoncelli, who was head of banking in Italy and a co-head of its European media and telecom advisory group, will be [...]

By anonymous, 3 October 2005 • 1 comment

Tradition poaches government bond team

Tradition, the money broker, is launching a 12-strong European government bond team and has poached Iain Jackson, head of government bonds at rival MIS Interdealer Brokers and eight of his colleagues to staff it. Tradition is creating the division in a bid to capitalise on the fast-growing volumes in the industry. It will compete with [...]

By anonymous, 28 September 2005 • 0 comments

Bank hiring prepares for winter freeze

There are signs that, with the end of the year in sight, investment banks are cutting back on recruitment. HSBC, which has added 1,600 staff to its global corporate, investment banking and markets divisions, said it had completed most of this year’s hiring. A European spokesman for Bank of America, which has spent 75% of [...]

By anonymous, 12 September 2005 • 0 comments