Tag: Hiring
Want to work for Brevan Howard? It looks quite unlikely in London
Brevan Howard is hiring – in Hong Kong. It’s just announced the appearance of David Adams, former head of rates trading at Morgan Stanley in Australia. Not long ago, it hired Farouk Juma, a former prop trader at UBS in Singapore. In London, meanwhile, enthusiasm for recruiting appears to have abated. Last March, Nagi [...]
Optimism about summer hiring is being supplanted by fear that the Olympics will stifle financial services recruitment altogether
Once, a few months ago, recruiters we spoke to were quite optimistic that hiring might pick up as the year progressed. However, that was before Alexis Tsipras, a disappointing May, and Kian Abouhossein’s realisation that maybe revenues won’t be massively increasing in FICC after all. In the new reality, London’s financial services recruiters are alert [...]
Does Goldman Sachs need to hire some new salespeople and researchers?
Things are not what they used to be at Goldman Sachs. As we reported a few weeks ago, transformational changes are reportedly taking place there, changes which are mostly alleged to involve a big focus on electronic trading and quiet culling of superfluous salespeople and trading staff. However, a comment in Financial News today suggests [...]
Coutts is hiring. Be aware that it only wants senior people and may pay a very big base and quite a small bonus
Coutts has let it be known that it’s looking for private bankers. In today’s Financial Times, Michael Morley, chief executive of Coutts UK, elaborates on the bank’s appetite for hiring. Morley says Coutts wants ‘senior executives’ in the UK, the Middle East, Asia, Switzerland and eastern Europe. 20 senior executives have come already, says Morley. [...]
Q&A: JPMorgan’s Asia Pac CTO says JPMorgan is hiring 100 technologists in Singapore and that people like working there so much that only 3% leave
We spoke to Stewart Carmichael, chief technology officer of JPMorgan in Asia Pac. This is what he told us. Q: Did you always want to work in financial services? No, I originally joined a technology firm because I was looking to leverage on the education I had in computer science. Twenty five years ago, there [...]
Late Lunchtime Links: Three places that are hiring now. Three areas where hiring is hot
Financial News thinks there will be more redundancies later this year. Editor Ben Wright says the lack of staff attrition is to blame. Wright has spoken to the head of European capital markets at: “one large bank”, who says his firm budgeted for an attrition rate of 8% but the actual attrition rate is 0%. [...]
A whole new FX-focused bank has opened in London, and other stories of big hiring in FX businesses
Tens of thousands of jobs may be disappearing in the City of London, but there is still hiring in FX. Swiss-based online FX trading specialist MIG Capital announced the opening of its new office in the City last week. The FSA register shows that MIG currently employs only four registered people in the City, but [...]
Late Lunchtime Links: Possible bad bonus news for Nomura’s EMEA bankers – there are plans to hire a lot of expensive people in the US
Nomura’s investment bank was profitable last quarter. After making a loss for three of the four quarters of 2012, it swung to a profit of $157m. For 2012 as a whole, Nomura’s investment bank made a loss of $472m. Needless to say, Nomura’s cutting costs. Its detailed headcount chart shows it’s cut 339 people in [...]
Indicators and counter-indicators that your chances of finding a new financial services job have increased
The bank holiday is over. The second half is approaching. And at last – a positive sign that financial services hiring is picking up: recruitment firm Astbury Marsden says London financial services vacancies rose 9% month on month in April. Last month, it estimates there were 3,455 new jobs ‘released’ in the City. What were [...]
As Russian banks appear to falter in London, here’s what they appear to pay
For a while now, Russian banks’ international push has been the big story. As emerging markets boutique Riverhouse Partners notes in its latest newsletter, Chinese banks’ much awaited push has yet to materialise. Russian banks, however, have been going for it. Hence, Renaissance Capital has gone from having FSA 56 registered persons in London in [...]
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