Tag: Account Manager
Fund managers are taking the long view on graduate hiring
With shrinking assets under management, battered fund performance and recent redundancies, the investment management industry has had its fair share of problems. However, just as they’re less prone to hiring-and-firing than investment banks, it seems they are also less willing to make swathing cuts to their graduate intakes. Figures from the Association of Graduate Recruiters [...]
Less is more when it comes to banking applications
It’s easy to think that spreading your bets and applying to as many banks as possible is the key to ensuring you have at least one offer on the table. But you could end up empty handed. How many is too many? Fears of diminishing places on investment banking graduate schemes has led European students [...]
Retail banks ramp up their hiring
Investment banks may be smarting from the credit crunch, but retail banks are still keen to add staff – and candidates from the corporate sector are often top of their list. “Whilst there are opportunities to break into the investment banking and investment management arena, the majority of new hires are going into the retail [...]
Calling all hackers
If you’ve got the hacking skills of Neo from The Matrix, financial firms want to hear from you. SocGen, unsurprisingly, is among those looking over its shoulder for any potential abuse of its IT systems following the 3.5bn hit from Jérôme Kerviel’s alleged fraud. As a reaction, the firm has set up a dedicated department [...]
Job wrap: Pisker exits Dresdner
Last week’s big news was the revelation that Andrew Pisker, London-based chief of executive of Dresdner Kleinwort Wasserstein (DrKW), was making a swift exit. Pisker’s retreat follows a shake up in which DrKW is to be folded into the corporate banking division of Dresdner Bank. Stefan Jentzsch, who left German bank HVB earlier this month, [...]
Job Wrap: Equities see spate of activity
Equities were a hive of job move activity in Europe last week, with JP Morgan, Citigroup and Keefe, Bruyette & Woods in hiring mode. JP Morgan added six people to its cash equities team, two of whom, Louise Greig and Adam Brown, came from Goldman Sachs. Greig joined as a managing director in European sales; [...]
European jobs roundup: Barclays has big hiring plans
Barclays Capital aims to increase staff levels by up to 3,000 people globally in the next three years, according to headhunters. In Europe, structured finance and credit derivatives staff will be among those sought. Barclays confirmed it has plans for rapid growth but declined to give numbers. It currently employs 5,700 people. Conditions were less [...]
Ehrlich continues hiring spree at UBS
UBS has stepped up its drive to take hedge fund business away from rivals including Morgan Stanley and Goldman Sachs, making another eight additions to its prime brokerage and securities financing division. UBS has been on a hiring spree over the past year since the arrival of Alex Ehrlich, former head of prime brokerage at [...]
Valets recruited in battle for talent
As with all such things, the trend started in the US. At Salomon Smith Barney in New York, valet services was one of the perks demanded by hard-done-by analysts, who staged a very public protest earlier this year over their poor remuneration. Now valet services are spreading across the Atlantic. In London, Goldman Sachs and [...]
Disillusioned high-flyers exit fast lane
Philip Ells is one of a growing number of professionals seeking alternatives to the ‘work, buy, consume, die’ culture of the Square Mile. The commercial litigation specialist with DJ Freeman was so jaded with the fast-lane lifestyle that he packed the job in, gave away his car, rented out his flat and went to help [...]
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