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Some Strategic Advice to Help Wealth Managers Grow Their BusinessOne thing wealth managers can never get enough of is help on growing their business, primarily because they are often paid based on the amount of assets they bring in that can generate fees. The latest advice comes from Pershing, which is a Bank of New York Mellon company, and it focuses on how financial [...] |
People News: Moves at J.P. Morgan, Lazard, BNP, Societe Generale and UBS
Goldman’s global head of growth markets explains how investment bankers can remain employable
Short Breaks Only Improve Productivity if You Stay Focused on Work, New Research Shows
Wednesday’s Headlines: Is Business School the Path to Politics?
Hiring at Mid-Level Banks Picks Up in Canada—Where Banks Remain Among the Strongest
North of the U.S. border, bank hiring is beginning to pick up at the mid-market level and morale is getting stronger among job candidates as the employment situation improves. The improving landscape comes at a time when Canadian banks are still seen as among the world’s strongest. CIBC was No. 3 in Bloomberg Markets’ second [...]
How to Handle Multiple Job Offers
Here’s a great problem to have, especially these days – more than one job offer. As great as this sounds, it’s important to handle the negotiations carefully, and they can be a tightrope walk. The position you take needs to be determined by more than money. Consider the tenor of the interview and subsequent phone conversations [...]
10 tips for getting hired when nobody seems to be hiring
For anyone who has been searching for a financial job for more than a few weeks, the dreary and continued drain on time, effort, energy and spirit make it sometimes difficult to stay with it. You begin to wonder if you’ll ever get a job. Is anyone even hiring? To break the spell, there are [...]
Tuesday’s Headlines: What we need are banks to be boring again
In his typical call-it-as-I-see-it, New York Times financial columnist Joe Nocera gives his two cents on the $2 billion plus trading loss at JPMorgan Chase. In an op-ed entitled “Make Banking Boring,” Novera calls for smaller comps and a return to the days when bankers weren’t addicted to risky derivatives trading. We know that JPMorgan’s [...]
Cantor Fitzgerald Strengthens Global Sales and Trading Team
Cantor Fitzgerald announced today that it is strengthening its international equities and fixed income sales and trading business with several key appointments in New York and Miami. Diego Baez, formerly of Terra Futuros, has been named Managing Director of Latin American Equities; George Medina, formerly of S.J. Levinson & Sons, has been named Director of [...]
April Turned Out to Be a Good Month For Financial Hiring in Canada
If the financial job market seems too challenging in the States, you may want to consider Canada. Year over year from April 2011 to April 2012, financial firms in Canada reduced employment by 10,900 workers, but the latest up tick makes up for most of that, according to recent statistics. Canadian employers were hiring aggressively [...]
How to get over your lack of experience and land your first job
While hiring has perked up over the past year, it’s still the old Catch-22 for the business grad: can’t get a job without experience, can’t get experience without a job. “As more companies invest in summer internship programs then leverage those interns for full-time positions, it leaves fewer entry-level opportunities for recent college job seekers,” [...]
Profiting from Performance Review
Formalized performance reviews are quite common in financial services. Whether you are working at a large bank, investment bank or private equity firm, the feedback that comes during the performance review process can be critical to your career success at your current employer and beyond, says Teresa Bur, vice president of human resources at CBIZ, [...]
J.P. Morgan sends in its version of Seal Team Six
The J.P. Morgan trading loss is turning into an action adventure movie. As the reported $2.3 billion trading loss grows potentially larger, some estimating as much as $4 billion when the smoke clears, J.P. Morgan has gone into Def Com mode, sending in what CEO Jamie Dimon is quoted as calling its “A Team” to [...]
Monday’s Headlines: Geeky Business Exec Wannabes Welcome
If Steve Jobs, Mark Zuckerberg and Bill Gates serve as a model for the future of business in the United States, business schools would be wise to court and nurture the class nerd – the science and math wiz with a knack for the boardroom. According to a Businessweek story, that is exactly what top [...]
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