In the latest hiring roundup, Pimco eyes European push, Schroders needs new salespeople and a boutique investment bank plans a new office.
Citi needs bodies in Mexico
Citigroup will pour $1.5 billion into its Mexican Banamex unit, including beefing up its technology systems and adding more back office staffers.
Schroders needs eggheads
Asset manager Schroders is looking for a new type of salespeople. “They are much more likely to be qualified actuaries rather than smooth-talking, slick, oil salesmen,” according to one executive.
Banks need Big Four alumni
Banks in Asia are scrambling to fill regulatory-accounting vacancies and are prepared to train up senior number crunchers from the Big Four and elsewhere.
Pimco eyes real estate push in Europe
Pimco is looking to increase its alternative investment team in Europe, particularly in real estate. The bond giant just poached five real estate specialists from big name competitors like Goldman Sachs and Blackstone. It’s also hiring in equities.
New firm hiring in London
Canada’s Alberta Investment Management Corporation has opened a new office in London and has already made its first hire. The firm will concentrate on real estate and infrastructure.
Houlihan Lokey to open Australian office
U.S. investment bank Houlihan Lokey is planning to expand its operations with the opening of an Australian office by the end of the year. It’s already reportedly made a number of hires.
Private bankers needed in the UK
Arbuthnot Latham is on a bit of a hiring spree in the UK. The firm has made three private banking hires in the last few weeks.
Wealth management poaching in the US
Despite suggestions that the wealth management poaching war would slow, big banks continue to steal from one another. Wells Fargo just poached 11 bankers from UBS and Merrill Lynch.
London exchange filling US seats
The London Stock Exchange Group’s electronic fixed income trading is actively hiring in the US.