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Moving Up in Private Equity

Slowly but surely women are edging upwards in the world of private equity.New research from Preqin, a London-based alternative assets research firm, finds that women holding senior private equity roles...

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O'Neill Replaces Parsons as Citi Chairman

Citigroup Chairman Richard D. Parsons is stepping down after 16 years as a director, telling the board he won't stand for re-election at the shareholders annual meeting next month in Dallas. Michael...

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Hiring at Retail Banks and in Emerging Markets

Tip: Happy Times at Standard CharteredSometimes tradition pays off. Standard Chartered, which focuses on emerging markets like Asia, Africa and the Middle East, is having a banner year. The firm's...

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Wells Fargo Plans Expansion in 20 Markets Outside the U.S.

Look out, world: Wells Fargo is barreling through. The U.S.-based bank plans to expand in 20 new markets by offering corporate banking services to customers based in the U.S. and expanding overseas,...

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Europe Gets Tough(er) on Bonuses

Federal rules on banker bonuses may be at least several months away from implementation in the U.S., but not so for their European counterparts.Bloomberg reports that European lawmakers are seeking to...

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Four Credit Union Chiefs Stepped Down in February

Turnover at finance companies dropped in February, according to Chicago-based outplacement firm Challenger, Gray & Christmas.Seven chief executives announced their intentions to leave their posts...

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The Coming Revolution in Mobile Job Hunting

You can watch a video, listen to music, surf the Web and, of course, make a phone call from a smartphone. What you can't do much is find a job.While employers are using social media such as Facebook,...

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J.P. Morgan to Hire for Brokerage Arm

J.P. Morgan is making overtures to American investors and needs more employees to do it.The firm is courting clients for its brokerage arm, J.P. Morgan Securities. The unit trades stocks and bonds on...

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Jain and Fitschen Shake Up Deutsche Bank

Deutsche Bank AG has begun reshaping its senior management ahead of a planned change in leadership at the bank in May. Chief Risk Officer Hugo Bänziger and Chief Operating Officer Hermann-Josef...

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CFOs Expect Hiring to Drive Unemployment Below 8%

Chief financial officers have become more optimistic about U.S. employment growth, expecting the unemployment rate to drop below 8% this year.Respondents to the latest quarterly Duke/CFO Magazine...

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Fewer Layoffs Planned in Finance

The finance sector last month announced a fraction of the layoffs it had advertised in January, according to a report by Chicago-based outplacement company Challenger, Gray & Christmas, but the...

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Accounting Jobs Grow Most in Finance Sector

The finance sector gained 6,000 jobs last month, offsetting the 5,000 it lost in January, according to the Bureau of Labor Statistics. Accounting and bookkeeping gained 7,300 jobs in February, adding...

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MF Global Employees Fight for Back Pay While Execs Get Bonuses

Former MF Global employees suing for $25 million in back pay and other compensation plan to fight efforts to dismiss their case, lawyers for the plaintiffs said. Meanwhile, a trustee for the bankrupt...

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MF Global to Close Chicago Office, Lay Off 35

MF Global Inc. will close its Chicago office on March 30 and lay off its 35 employees by mid-April.The office of James W. Giddens, the trustee overseeing the winding down of MF Global's brokerage unit,...

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Goldman Looks West for New Flock

You probably wouldn't guess that Salt Lake City, Utah, housed one of Goldman Sach's biggest operations. The firm has 1,300 workers toiling away there, making that office the fourth-largest center...

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MF Global Bonuses in Dispute

Two lawmakers prodded the bankruptcy trustee in charge of unwinding MF Global Holdings Ltd. to drop his plan to pay bonuses to top executives who were at the securities firm when it collapsed.In a...

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Hiring for Accountants, Financial Advisers and Corporate Bankers

Tip: Accounting Sector Still BoomingThe finance sector is still moving sideways when it comes to adding and losing jobs, but the accounting industry is suffering no such trouble. Accounting and...

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Warning: Consolidation Ahead

Even though some large and well-off hedge funds will be able to hire this year, that may not be the case for smaller shops in the industry. After failing to bounce back from the financial crisis, some...

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Asia Hiring Cools Off

Asia may not be the finance sector's bright spot after all.A new report from Robert Walters, a recruitment consultancy, found that hiring within banking and finance in Asia has shown signs of weakness...

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How Not To Quit Goldman Sachs

Goldman Sachs Group Inc., the frequent target of criticism for its aggressive pursuit of profits, again found itself in a harsh spotlight Wednesday when a London-based executive resigned from the firm...

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