Company: Wells Fargo
Moves among senior technologists in investment banking are more prevalent now than at any point in the past five years.
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Wells Fargo is planning a bid to become a much bigger player in the thriving and relatively risk-free asset management game.
Citigroup, which has expressed its desire to expand its commodities sales headcount, has made another significant hire.
In the latest hiring round-up, Oppenheimer is in expansion mode, Deutsche Bank is hiring back office staffers and several hedge funds are growing globally.
It’s interesting to see two firms that are bucking the trend by adding staff where others are cutting.
In the latest hiring roundup, Blackstone needs teams of traders, Deutsche Bank is hiring debt and sales execs and Goldman remains bullish in fixed income.
On Wall Street, middle and back office staffers don’t garner near as much respect as front office revenue generators. At least they didn’t used to.
The four banks with the biggest brokerage units in the U.S. appear to be banding together to put an end to the poaching war,