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Hedge Fund Bridgewater Expanding
Connecticut hedge fund Bridgewater Associates announced plans to build its new corporate headquarters in Stamford, where it plans to add as many as 1,000 new jobs over the next decade. This news is...
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Singles Get all the (Crummy) Jobs
Single men and women rejoice. If you're unemployed, the chances are decent that you'll find work soon – it just may not be the job of your dreams. Unmarried Americans have recovered roughly 90% of the...
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One Word Sums Up Finance in 2012: Layoffs
The big bank layoffs that began last summer with the euro zone crisis have not yet run their course. In July, for example, Credit Suisse said it would increase its cost-cutting plans by 50% to 3...
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London Loses to New York
The European debt crisis may claim thousands of London finance jobs by the end of 2012, with the wholesale financial services industry taking the brunt of the damage. U.K. researcher Oxford Economics...
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Bridgewater and Certus Hiring, Middle East Banks Poaching
Tip: Hedge Fund Bridgewater ExpandingWith a little assistance from the state of Connecticut, hedge fund Bridgewater Associates is moving to a new location in Stamford, where the 1,200-person firm plans...
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Holes in Swiss Jobs
Well, forget that ski chalet.Swiss banks may continue to shed jobs over the next decade as proposed withholding taxes are expected to cut into banks' once-robust profit margins, according to the Swiss...
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Out of Work in New York? Here's How to Find a Job in Dubai
Landing a finance job in the emirate of Dubai has become tougher since the recession, but jobs have bounced back quicker than in New York or London.The City of Gold is even seeing some untapped growth,...
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How the Euro Crisis Adds Jobs
Maybe the Greeks should brush up on their central banking skills.In a strangely ironic twist, Europe's escalating debt crisis, which has claimed thousands of jobs, is leading the European Central Bank...
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Citigroup Adds Talent Despite Euro Crisis
Hoping to take advantage of wounded competition and a buyer's market for talent, Citigroup is investing more heavily in its European credit sales and trading team. The U.S. bank will grow the team by...
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I-Banking Headcount Continues to Tumble
The world's largest investment banks have shed nearly 6% of their staff over the past year, cutting headcount by roughly 10,000 from June 2011 through June 2012, according to a Financial News...
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More Banks Claw Back
The claws are coming out. Fourteen percent of global banks exercised compensation clawbacks last year, and their implementation at financial-services firms is on the rise, according to a new study from...
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The Best Sales Jobs and How to Find Them
Every sales professional wants a job that pays top dollar. Contrary to popular belief, these great sales jobs aren't rare, even in a weak economy. Here's how to find them.Where is the Money?For most...
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Libor Has Plaintiffs Seeing Dollar Signs
The fallout from the Libor rate-fixing scandal may be more dramatic and costly than first thought. Barclays' $450 million settlement with U.K. and U.S. regulators is just the beginning, says The Wall...
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Dubai, Citigroup, ECB Adding Overseas Jobs
Tip: Dubai Adding Finance JobsLike all other locales, Dubai's financial center was hit hard by the recession. But finance jobs are coming back faster in the emirate than in Europe or North America as...
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I-Banking Revenue Takes a Plunge
The world's largest investment banks suffered through a disappointing first half of 2012, driven by lower trading volumes, a lull in deal-making and a vulnerable cash equities business, according to a...
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The 15-Minute Job Hunt
Looking for a job may be a full-time occupation, but actually spending 40-plus hours per week looking at job listings won't cut it. Nor will spending all of those hours mass-emailing your resume. What...
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Hedge Fund Ad Rule Appears Dead
An 80-year-old rule preventing hedge funds from mass-marketing their services is on the verge of being scrapped. The U.S. Securities and Exchange Commission on Wednesday didn't add any restrictions to...
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Sales Jobs for the Average Joe
For job seekers looking to move up in a sales career, competing with others who have specialty experience (along with stellar sales skills) can be a hurdle. Many positions call for specific science or...
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Mortgage Hiring a Bright Spot in Finance
A quick examination of any job board will highlight one evident truth: Hiring in the financial sector has slowed to a near crawl. One exception is in the mortgage industry, where banks such as...
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Barclays I-Banking Fate Unclear Under New Chief Jenkins
Seeking to repair its damaged image, Barclays on Thursday appointed Antony Jenkins, the head of its retail and business banking division, as chief executive. Jenkins, a Brit, replaces disgraced CEO Bob...
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