Sector: Sales & Marketing

People News: Moves at Morgan Stanley, HSBC, BlackStone

HSBC Hong Kong CEO Mark McCombe quits after 24 years to run BlackRock Asia. [Wall Street Journal] HSBC promotes Anita Fung as Hong Kong CEO to replace McCombe.…

Five roles still defying the slowdown

It’s Ramadan, it’s summer, and capital markets are tanking across the globe – a toxic combination that means recruitment in the Middle East financial sector has, by and…

Banker at the Top: Q&A with J.P. Morgan’s David Sayer, head of Asia equities trading and execution

Q: What made you want to become a trader as opposed to another banking position? A: I got my start in banking when I was just 18, heading…

Q&A: J.P.Morgan’s David Sayer, head of Asia equities trading and execution

Q: What made you want to become a trader as opposed to another banking position? A: I got my start in banking when I was just 18, heading…

Salespeople are hot, traders aren’t. Rates traders may be especially challenged

The big news this morning is that Goldman Sachs no longer loves its traders, it loves its salespeople. Feeling unloved, Reuters points out that its traders are leaving,…

IFA firms are already making redundancies in Scotland thanks to the RDR

If you’re an independent financial adviser (IFA) working in Scotland, you have reason to fear the impending deadline for the FSA’s retail distribution review (RDR) regulation. Last week,&hellip

POSITIVE NEWS: The UK government is providing an enormous boost to some broking jobs

You could be forgiven for noticing it given the other events of the moment, but last week stockbroker WH Ireland announced its first interim profit for four years,…

People News: Moves at JP Morgan, Citi, RBS, Goldman Sachs

JPMorgan US Cash equity sales trading chief Novak leaves for Citigroup. [Bloomberg] Russell Investment reshuffles Europe team, hires new head of EMEA. [Financial News] Seattle-Northwest Securities hires ne

Thursday’s Headlines: Job cuts across Wall Street as trading slows

Lay offs are sweeping across Wall Street, with firms aiming to cut costs as equity and bond trading slow, Bloomberg reports. Goldman Sachs plans to eliminate 230 jobs…

Nomura Strengthens its US Cash Equities Trading

As many large firms trim their equities trading staff, Nomura is building up its equities sales and trading operation, at least in the US. Calling it part of…

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