What, exactly, is wrong with my CV (5)?

What, exactly, is wrong with my CV (5)?

After 20+ years of full time employment (largely with rating agencies), the start-up agency I was working for was suddenly closed in Jan. 2008. Since then, I have…

Nordic IT vendors cut teams, but still jobs to be had

Nordic IT vendors cut teams, but still jobs to be had

Major job losses at Nordic IT services vendors have sent a shiver through the once-vibrant financial services technology sector but, while spending by banks has clearly slowed, it's…

200 jobs created at Swedbank to chase bad Baltic loans

200 jobs created at Swedbank to chase bad Baltic loans

Heavy exposure to the slumping Baltic states has played a major part in Swedbank's SKr3.36bn first quarter loss. The upshot of this, however, is that the bank will…

Swedish banks largely hold fire, but for how long?

Swedish banks largely hold fire, but for how long?

The massive redundancies in banking and financial services seen in London and New York and elsewhere have yet to materialise in Sweden, despite a grim economic outlook. Sweden's…

Massive losses, but no job cuts coming at Norwegian SWF

Massive losses, but no job cuts coming at Norwegian SWF

Norway's NOK2,275bn sovereign wealth fund is ruling out redundancies in spite of suffering a record loss of 23.3% in 2008 - the equivalent of NOK633bn. There are currently…

Would you give up $2 of bonus for $1 of salary?

Would you give up $2 of bonus for $1 of salary?

With banks' pay systems being revised away from bonuses and towards salaries, organizations might take this opportunity to reduce overall compensation bills. Alan Johnson, doyen of Wall Street…

Don’t expect big bonuses next year either

Don’t expect big bonuses next year either

Somewhat predictably, there's been something of a furore over the revelation that billions of kroner have been paid out in bonuses by Swedish banks for 2008. However, don't…

Pension funds looking at trimming teams

Pension funds looking at trimming teams

The normally sleepy world of pensions is being woken from its slumber and has been forced to review its staff numbers - a very rare occurrence indeed. The…

Nordic banks still eager to recruit

Nordic banks still eager to recruit

Obviously 2008 was a terrible year for financial services, but it seems that Nordic banks (Iceland excluded) have fared relatively well and may even provide some job opportunities…

Emphasis on reallocation rather than recruitment

Emphasis on reallocation rather than recruitment

With most Nordic asset managers going into 2009 with dramatically reduced assets under management, wishful thinking suggests they might be looking to hire new talent to help their…

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