If you’re getting nowhere with your attempts to find a new financial services job in London, should you still bother looking at the Middle East or Asia? Yes, according to our Middle East and Asian editors.
Irrespective of the ongoing stories of British bankers’ cars being left at Dubai airport, our Middle East editor argues this week that there are still jobs in the region for realistic British bankers who don’t expect to be paid too much and are willing to work in Qatar or Saudi. Separately, Coutts has declared its intention of hiring private bankers for its Middle East business.
Elsewhere, our Singapore site offers some advice on how expats can crack the Asian market, including heavy networking locally and heavy research. This follows an article last week advising would-be Asian expats how to work with Asian recruiters. Among other thing it counselled against using too many of them and in favour of using a recruiter with an office on the ground.
Everything you need to know about the bonuses that were paid in the UK last year. (ONS)
The FSA caveated its approval of Bob Diamond with a warning that it could change its mind if there was an adverse outcome from the Libor investigation. (Alphaville)
Jim Rogers has joined VTB Capital’s agricultural team as an advisor. (Investment Europe)
The government’s new business bank will need £40bn in state aid to get going. (Evening Standard)
JPMorgan’s hired a senior Citigroup banker for its Asian M&A business. (Bloomberg)
Troika Dialog’s hired a new DCM banker from RenCap. (Bloomberg)
Richard Chenevix-Trench, CIO at hedge fund Sloane Robinson, is planning to take a ‘step back’ to ‘recharge’ for six months. AUM have fallen 80% in four years. (Financial News)
Sir John Gieve, former deputy governor of the Bank of England is joining Morgan Stanley as an executive director. (Financial News)
Omers Private Equity, part of the Canadian pension plan, has opened in London and hired two people: Isabelle Pagnotta, who previously worked at Bridgepoint and Bryony Marshall as an associate. She previously spent four years at corporate finance adviser Hawkpoint. (Financial News)
Goldman Sachs, the survivor, is becoming the last pure-play, big investment bank. (Dealbook)
Concerns have been raised that Goldman Sachs’ new Farringdon office may lead to ‘sewer overload.’ (Businessweek)
David Viniar has wanted to retire for years. (WSJ)
David Viniar isn’t just Goldman’s CFO: all administrative units at the bank — operations, technology and finance — report to him. (Dealbook)
Don’t want diabetes? Try walking to work. (The Atlantic)