JPMorgan to Cut 4,000 From Own Ranks?

JPMorgan to Cut 4,000 From Own Ranks?

JPMorgan could be the next bank to unveil a large-scale layoff, and it won't be confined to employees of the newly acquired Bear Stearns, a published report said.…

Natsource Adds Risk, Marketing, Compliance Chiefs

Natsource Adds Risk, Marketing, Compliance Chiefs

Natsource, an investment firm focused on renewable energy and reducing carbon emissions, named three ex-Bear Stearns managers to head its efforts in risk management, marketing and compliance. All…

An Early Look At 2008 Bonuses

An Early Look At 2008 Bonuses

If you think Wall Street was stingy at bonus time last year, brace yourself: 2008 is on track to be far worse, according to a top compensation consultant's…

Bright Outlook For Prime Brokerage

Bright Outlook For Prime Brokerage

As most hedge funds sail through the market turbulence with colors flying, banks' prime broker units are emerging as a safe career harbor within the sell side. Prime…

Details Emerge on Bear Staffers’ Fate

Details Emerge on Bear Staffers’ Fate

As many as 6,000 of Bear Stearns' 14,000 employees reportedly have been offered jobs by new owner JPMorgan Chase & Co. But for thousands of technology and operations…

Canada Has Plenty of Tax Accounting Jobs to Fill

Canada Has Plenty of Tax Accounting Jobs to Fill

First the good news for accountants: There are plenty of jobs out there. Now the bad news: Some recruiters say salaries are rising at a slower rate than…

Citi’s Back-Office Costs Face Knife

Citi’s Back-Office Costs Face Knife

Achieving operational efficiencies - which inevitably means further headcount reductions - formed the core of Citigroup's three-year turnaround strategy unveiled Friday by Chief Executive Vikram Pandit. In

Citi Promotes Technology Bankers

Citi Promotes Technology Bankers

Citigroup reportedly picked Ben Druskin as global co-head of technology, media and telecommunications banking. He replaces Christopher Varelas, who is leaving Citi to join Bigwood Capital, a new…

UBS Layoffs Said to Hit Equity Sales

UBS Layoffs Said to Hit Equity Sales

UBS employees in institutional equity sales and structured insurance products reportedly were among the first casualties of the latest round of layoffs that the biggest Swiss bank announced…

Buy-Side Research Slots Blossom in Europe

Buy-Side Research Slots Blossom in Europe

U.S. sell-side research professionals eager to cross to the buy side will find more opportunities across the Atlantic. "Demand for analysts is rising at buy-side firms in Europe,…

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