In the latest hiring roundup, Goldman is hiring in Europe, Morgan Stanley is back in the commodities game and Pimco is eyeing buy side and sell side talent.
Pimco needs new bodies
Pimco’s new chief investment officer is on the lookout for new talent. Daniel Ivascyn wants to recruit from hedge funds, traditional managers and banks.
Jefferies expanding in London
US investment bank Jefferies is reportedly looking to expand in London. It’s mulling taking a lease out at a 200,000 square feet office complex.
DB’s Asian hiring spree
Deutsche Bank may be cutting jobs in the west, but it’s adding people in APAC. It’s making “large hires” in wealth management and is adding people in investment and transaction banking.
Goldman’s European ABS push
Goldman Sachs is back to hiring within its European asset-backed securities business after shrinking the unit several years ago.
Private bank’s London plans
Swiss private bank Pictet hopes to double its wealth management group in London from 25 to around 50 over the next three years.
Morgan Stanley back in on commodities
Morgan Stanley appears to be reversing course on its previous plans to narrow its commodities business. The US bank is reportedly hiring around 12 traders and sales staff for commodities.
If you want a banking job in the US, you better be young or willing to work in the back office. Or you can take a shot at M&A.
Hiring spree at US Bankcorp
U.S. Bancorp is expected to add as many as 4,500 jobs over the next year. Most of the hires will take place in compliance and audit.
Boutiques the place to be
Boutique investment banks have collected 16% of all U.S. M&A fees this year, up from 8% in 2008. Many are hiring, and it’s a great place to be at the present moment.
BofA adding to financial crimes unit
In an effort to prevent front-page scandals, Bank of America is hiring within its financial crimes team. The firm just added two senior execs.