Tag: Credit Analyst

Lunchtime-ish Links: This sounds bad for Deutsche’s London fixed income business

Confusion appears to reign this morning over what Germany’s naked short ban refers to exactly. “The whole market is after a bit of clarity to be honest,” the head of one government bond trading desk tells us. Into this miasma, steps Robert Peston, the BBC’s vocally challenged business editor. Pesto points out that the ban [...]

The rising profile of the counterparty risk professional

Considering the current climate, it’s not surprising that bank’s are increasingly concerned about counterparty risk – the chance that a partner in a deal may default – and specialists in this area have witnessed something of a reversal of fortunes recently. “Counterparty risk is probably the most pressing issues facing many banks at the moment, [...]

Lunchtime Links: Hays boss is very depressing

Alistair Cox, the chief executive of Hays, features in the FT today, saying some not very nice things about the City jobs market. Hot on the tracks of Morgan McKinley’s comparatively upbeat report on City jobs in May, Cox is keen to stamp out green shoots of optimism before they turn into widespread cheerfulness. "It’s [...]

The crazy world of credit hedge funds

How long before credit markets come unstuck? Credit hedge funds are hiring just the same. Last weekend’s Sunday Times contained an interesting snippet from Hugh Willis, founder of Blue Bay Asset Management, on where we’re at in the credit cycle. He said the cycle comes in four stages, as follows: Stage one Spreads tighten dramatically. [...]

Well-rated agencies?

Pay at ratings agencies isn’t great compared to banks, but they’re supposed to offer a better lifestyle. That’s only partly true. That ratings agencies pay less than banks does seem to be the case. While banks are well known for dishing out bonuses that equate to salaries for structured credit analysts and the like, bonuses [...]

SG lands BNP Paribas analyst for European research push

SG Corporate & Investment Banking has recruited Adam Harnetty from BNP Paribas to oversee its growing European high-yield research effort, following the departure of Julien Raffelsbauer, who left the bank last month after a year. The hire of Harnetty, who will be a senior credit analyst and coordinate SG’s European high-yield research, is in line [...]

Hedge funds hire for Africa

Recruiters report growing demand for Africa experts to work in London hedge funds. “African emerging markets jobs are starting to come through,” says Lee Bevan, a consultant at Mirage Recruitment, a hedge fund specialist. “As the market takes off, we’re expecting a lot more of them from September.” Bevan is currently looking for a credit [...]

North Asset Management hiring one (maybe)

London based asset manager North Asset Management has modest plans to grow its structured credit team. Wealthbriefing reports that the group has hired Daud Hamidi to work on collateralized debt obligations and portfolio selection, and has plans for continued growth. Alex Haidas, managing director of structured credit products told eFinancialCareers.com: “We expect to keep growing [...]

Asset managers look for banking analysts

Calyon’s redundant equity analysts may be able to find new jobs on the buyside, but only if they’re fairly junior. Martin Lorrigan, a consultant at recruitment firm Shepherd Little Asset Management, says asset management firms remain eager for analysts from investment banks, but will only do so early in their careers. “Asset managers prefer analysts [...]

Job Wrap: Paying for relationships

There were a handful of moves among senior staff with strong client relationships last week. Calyon and Citigroup gained; Lazard lost out. Calyon appointed Gilles de Dumast, former head of French investment banking at Deutsche Bank as global head of investment banking. He replaces David Villeneuve, whose exit to Credit Suisse First Boston was announced [...]