In the latest hiring roundup, Bank of America is adding hundreds more analysts, BlueCrest is opening a new office and two Big Four firms are growing their advisory businesses.
BofA adding juniors
Bank of America will hire roughly 40% more analysts and associates this year as it seeks to lessen the workload of junior bankers.
Commodities trading making a comeback?
Citigroup is looking to increase sales headcount within its commodities unit by around 15%, and has just made its most recent hire. Morgan Stanley is similarly bullish on commodities hiring.
Like other rivals, Goldman Sachs is leaning more on its investment management unit, which it wants to grow “bigger in every metric.”
Hot fund hiring
BlueBay Asset Management has added more than 40 staffers in the last year. It’s revenues and assets under management are surging, so the pattern may continue. The fund has already made three big-name hires in 2014.
Hottest jobs on the buy-side
We’ve spoken to recruiters specializing in asset management, private equity and hedge funds to give you an idea of what’s available on the buy-side right now.
KPMG set to hire thousands
KPMG is looking to add roughly 5,000 intern and full time campus hires this fiscal year, with a particular focus on advisory. They’re not looking for the same old candidate though.
Fresh London startups
Here are six new London finance firms that have all opened their doors in the last few months. While not all may be hiring, several may soon look to be adding to their ranks.
EY building advisory unit in EMEA
Ernst & Young is “rapidly growing” its advisory business in Europe. The Big Four firm just added two new partners this month.
HSBC tackling M&A across continents
HSBC is rebuilding its corporate coverage and advisory business in Europe as the M&A market heats up. The bank’s advisory business is growing in Asia, too.
BlueCrest expanding to Hong Kong
Surging hedge fund BlueCrest Capital Management has just applied for regulatory approval to open an office in Hong Kong. It’ll be hiring a “small team” soon.