In the latest hiring roundup, HSBC is adding to its private banking unit, Deutsche Bank is expanding its corporate banking unit and US Trust shows impressive growth.
The one firm hiring bond traders
No one is hiring bond traders, right? Not so fast. London-based Liquidity Finance has doubled its sales staff at its U.S. office over the last year.
DB expanding corporate banking unit
Deutsche bank has hired two big names for its U.S. corporate banking coverage group as it seeks to grow the unit.
HSBC hiring, kind of
HSBC is "hiring selectively for growth" within its private banking unit. However, some of that "growth" is needed because the bank just lost four senior people within the division.
US Trust adding advisors
Every brokerage firm wants to grow, but not all can due to the dearth of talent. That’s what makes US Trust’s October so impressive. They added 12 financial advisers.
Citi hiring graduates in Asia
Citi is one of the largest recruiters of students and graduates in the Asian banking sector.The bank’s graduate recruitment lead for APAC at Citi talked about how to stand out from the graduate crowd and clinch a job at the US bank in Asia.
Banks that may be hiring in the Middle East
While most banks aren’t in growth mode in the Middle East, there are a few that may soon be offering career opportunities in the next few months.
Banks hiring military vets
Goldman Sachs, JPMorgan, Morgan Stanley, US Bank and Citi are all making attempts to hire people who’ve spent time in the forces. Mike Ott, president of U.S. Bank's Private Client Reserve, said that he will hire almost "any military person, sight unseen, because I know what they bring to our organization."
And the unemployed
Meanwhile, U.S. Bank is also piloting a program aimed at hiring the long-term unemployed.
Chicago looking to diversity talent base
More than a dozen financial services firms in Chicago are joining forces to hire more black and Latino employees. Chicago is known for its lack of diversity, sadly.
Cybersecurity pros needed
Financial-services companies plan to increase spending on cybersecurity efforts by roughly $2 billion over the next two years alone. They’ll be hiring at the banks themselves, but also within consulting firms that have cybersecurity divisions. The Big Four tend to specialize here.