
Despite the weak economy, JPMorgan was able to hire more than 20,000 people in 2011 and will continue bringing on employees in 2012. It's focused on its retail consumer bank, which will add branches in both domestic and international markets. California and Florida are two states central to this strategy, the bank said. The bank added 240 branches in 2011, which called for personal bankers and mortgage officers among other positions.
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Tip: Marsh & McLennan Hiring Risk Employees
The risk and insurance units at global behemoth Marsh & McLennan haves been growing over the past year and will keep hiring in 2012. Like other financial institutions, the insurer will focus on emerging markets, especially Asia-Pacific and Latin America. Be forewarned: The firm wants employees who will be open to new ideas and to working with a group. Plus, you'll need to have sales capability and potential for client development.
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Retail banking in the Middle East is taking off as banks turn away from riskier businesses like trading. Retail banks are increasing compensation packages and also footing the tuition bill for masters' degrees.
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