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Goldman Tries More Vacation Time to Boost Morale While Laying Off
Goldman Sachs plans to announce two measures giving its junior employees in the investment bank more vacation time, according to people familiar with the matter. Associates at the bank, the second rung...
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Job Prospects Brighten for College Seniors
College seniors looking for work post-graduation this spring will find a stronger job market than new graduates in 2011, according to a new survey from the National Association of Colleges and...
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Jefferies Equity Execs Depart
Two executives within Jefferies Group Inc.'s equities trading business are leaving their positions at the investment bank, according to people familiar with the situation. David Silber, head of...
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Credit Suisse Names New Energy Heads
Credit Suisse named two new energy heads in the Americas. Tim Perry becomes head of oil and gas in Houston while Ray Wood heads power and renewables in New York, according to an internal memo.The...
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HSBC Lays Off in Singapore
Singapore is the latest casualty of HSBC's retreat around the globe. The British bank cut more than 100 positions last week, the Straits Times reports, amounting to more than 3% of the bank's...
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Jobseekers: Look North
The U.S. may be retrenching when it comes to financial services employment, but Canada is doing the opposite.Toronto's finance industry employed 222,380 at the end of 2011, the Financial Post reports....
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Goldman Lead Director Brings New Style
"Hi, YouTube," said James J. Schiro, then chief executive of Zurich Financial Services Group AG, in a video shot in Davos, Switzerland, as the financial crisis raged in January 2009."There's a lot of...
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Maybe You Don't Want That Business Degree After All
Undergraduate business majors are a dime a dozen on many college campuses. But according to some, they may be worth even less.More than 20% of U.S. undergraduates are business majors, nearly double the...
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Making the Best Second Impression: Live Chat
You've made the cut and are moving on to round two. That means your hard work, preparation, and internship experiences--plus your performance in the first interview--have set you apart from at least...
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Spring Has Finally Sprung for the Jobless
Like spring in the Northeast, the long, cold, jobless recovery is suddenly warming up. A recent array of private and public metrics point to better days ahead for job seekers as employers finally begin...
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Finance Industry Still Churning
The finance sector last month announced more than 10 times as many layoffs as in February, according to a report by Chicago-based outplacement company Challenger, Gray & Christmas, indicating the...
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Finance Sector Gains Jobs
The finance sector gained 15,000 jobs last month, more than double the number it gained in February, according to the Bureau of Labor Statistics . Commercial banks and mortgage lenders were responsible...
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Is the Jobless Recovery Still Alive?
The sudden drop in jobs added in March belies a string of recent public and private metrics that had job seekers and recruiters betting on better prospects for the unemployed.The U.S. economy added...
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Jobs for Bean Counters
More hiring at a Big Four firm is underway.PricewaterhouseCoopers will hire 400 employees in North Texas over the next year, the managing partner of the office, Tom Codd, told Dallas Business Journal....
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Hiring for Wealth Management, IT and in Canada
Tip: Jobseekers Should Look NorthThe finance industry in Toronto is expanding after years of contraction. Royal Bank of Canada and Ernst & Young are relying on top university graduates as a...
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Goldman M&A Head Zaoui to Step Down
Goldman Sachs Group Inc.'s co-head of global mergers and acquisitions, Yoel Zaoui, is stepping down, in the latest high-level exit at the Wall Street firm.Goldman disclosed the departure of Zaoui in an...
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Hope Returns for War Vets
Things are looking up for Iraq and Afghanistan war veterans.Over the past year, 224,000 veterans of those wars joined the workforce, Kyle Stock writes at The Daily. Most of that job growth happened in...
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Credit Suisse Snags Merrill's Gaertner for Tech Banking
Bank of America Merrill Lynch's Chris Gaertner is joining Credit Suisse's technology, media and telecom investment banking group, according to an internal memo. Gaertner becomes a managing director and...
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Equity Derivatives Sees Growth
European banks are hiring for their equities derivatives teams as demand for derivatives products increases from hedge funds and institutional investors.UBS, Citigroup and Nomura are planning to hire,...
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How to Quit Your Job Gracefully
You only get one chance at a last impression. When you've given two weeks notice at your current job, you may think you can lay back and just coast before joining your next employer. Don't. Those last...
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