UK
Sector: Operations
Double-digit pay rises for Dublin fund workers
Financial services staff based in Dublin are in the grips of a pay and hiring boom. A new study by middle and back office recruiter Joslin Rowe suggests Ireland’s finance staff, many of whom work in fund administration and fund accounting roles, have seen salaries leap 16% in the first six months of 2005. The [...]
Portfolio trading sales to do more with less in 2006
It has been a good year for anyone engaged in programme trading. But recruiters warn of disturbances to come, particularly for people selling electronic trading products. David Korn, managing partner for Europe at executive search firm Options Group, says bonuses in portfolio trading should rise between 15% and 20% this year. “It has been a [...]
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. [...]
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 [...]
Credit Suisse poaches Citigroup CIO
Credit Suisse has hired Tom Sanzone, chief information officer and head of operations for global corporate and investment banking at Citigroup, as group chief information officer. He will also become a member of the executive board for Credit Suisse’s banking business. Sanzone will join Credit Suisse next Monday, and will assume his executive board role [...]
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