Sector: Risk Management

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 [...]

Hedge fund global pay and hiring forecast

In the first half of 2005, money flowing into European funds grew at an annualised rate of just 18%, down from 50% in 2004 and 100% in 2003, according to EuroHedge, a trade magazine. Chicago-based Hedge Fund Research Inc, paints a similarly spluttering scene in the US: in the first half of this year it [...]

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 [...]