In the latest hiring roundup, Pimco and Evercore's growth plans taking action, KKR embraces a new challenge and compliance hiring peaks, again.
StanChart adding watchdogs
Standard Chartered is in a bit of a rough patch, but it’s doing plenty of hiring legal and compliance, where headcount has increased 30%. The UK bank has also doubled headcount within its “financial crime” division. At HSBC, meanwhile, compliance staffers now account for roughly 10% of total headcount.
BNP Paribas has set up a new unit in New York to ensure the bank complies with US sanctions. It too is doing plenty of hiring in compliance.
Pimco first equities ‘batch’ is ready
Pimco is nearly ready to announce the first round of hires for its bulked up equities division. There are at least two more “batches” of hires set to come, so it’s not too late to apply.
KKR’s latest strategy
Buyout giant KKR is having no problems stepping into the roles that banks used to fill. The latest move is in lending, where KKR is now underwriting and syndicating debt and equity. No firm hiring plans have been announced, but it’s still a prominent firm diving into a new business line.
Hedge fund in a growth spurt
Hedge fund Och-Ziff Capital Management has increased compensation by 21% this year…and it’s hiring.
US firm launches wealth management unit
LCG Advisors has launched its owned private wealth business. The Tampa firm has already made several hires.
Citi’s new team taking shape
Citi’s planned infrastructure team in Europe is starting to come together. The bank named two co-heads, and will now likely be looking to fill out the lower ranks of the team.
Show me, don’t tell me
Want to be a trader but don’t feel you have the connections to nab a job on Wall Street? A new startup from a former JPMorgan exec may be able to lend a hand.
Evercore makes first big splash
Evercore has hired Barclays’ Mark Hanson as a new MD within its healthcare division. The move comes just two weeks after the firm announced plans to hire five or six managing directors with its advisory group.