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BofA's Moszkowski Jumps to Autonomous Research
Big changes are afoot in the world of equity research.Guy Moszkowski, star banking analyst at Bank of America Merrill Lynch, is jumping ship. And not just to another one of the big banks. Instead,...
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London Stock Exchange Snags Nasdaq Exec
London Stock Exchange Group PLC on Tuesday announced a senior-management shuffle, led by the appointment of a former Nasdaq OMX Group Inc. heavyweight as chief financial officer, as it continues with...
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Britain's Brain Drain
In the last year, Britain has had a Royal Wedding, a Diamond Jubilee celebration for the Queen, and soon, the Olympics. Things aren't so celebratory for those who'd like to make England their career...
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Gender Bias Still Rife in Finance
The industry may be more enlightened as to changing social mores around entertaining clients in lap dancing clubs in the 21st century, but gender discrimination, albeit in a subtler form, is still...
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Goldman's Support of Marriage
With Europe melting down and layoffs piling up, the world of finance is a bleak place to be right now. Jobs are shaky, credit is scarce and banks are intent on cost cuts over the coming quarters.For...
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Employees Want Rewards for Performance
Managers who fail to regularly express gratitude to their employees do so at their peril, a new report finds. Companies with a poor employee recognition programs have an attrition rate of 10.5%, three...
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Banks Lose Traders
Banks are continuing to lose traders to high frequency trading firms. Sun Holdings, a high frequency trading firm run by Bernie Dan, a former MF Global chief executive, has hired equities strategist...
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Russian Banks Continue to Scout
It looks Russia is winning the banking war against the West.While banks in the U.S. and Europe prepare for another round of layoffs, their Russian counterparts are hiring, Financial News reports....
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How to Get Off the Career Ladder and onto the Lattice
Joanne Cleaver was tired of seeing employees getting stuck on the career ladder, unable to move up and unwilling to fall behind. In her new book, "The Career Lattice: Combat Brain Drain, Improve...
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Wall Street Gives Back
Drexel Hamilton isn't your average Wall Street firm. Founded by Lawrence Doll, a commercial real estate executive who was wounded in Vietnam, the institutional brokerage is spending 20% of its expenses...
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Wealth Management Hotter Than Ever
The euro crisis in Europe cannot obscure one basic fact: The number of millionaires around the world is growing, and banks need wealth managers to cater to their needs.Hence wealth management...
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Hiring for Research Analysts, Traders and Bankers
Tip: Autonomous Research Hiring Star BofA Merrill Lynch banking analyst Guy Moszkowski is heading to Autonomous Research, a London-based boutique research firm. He'll be in charge of the firm's U.S....
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Jefferies Slows Expansion Plans
After several years of heavy hiring, investment bank Jefferies will make only selected hires to bolster groups that have already been established, bank officials said yesterday when announcing second...
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Say Goodbye to PowerPoint
Lonna J. Williams decided to start using an iPad application to sell her company's depression-detecting blood test after realizing that the PowerPoint presentations her salespeople used just weren't...
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Guardian Life to Hire 450 Financial Reps
Halfway through its hiring plans for 2012, insurance company Guardian Life is planning to bring on hundreds more financial representatives for its agencies across the U.S.The company has hired 395 of...
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Rest Easy, Merrill Wealth Managers
If Julius Baer does succeed in acquiring Bank of America Merrill Lynch's non-U.S. wealth management unit, most of the unit's 2,000 employees won't have to worry much about losing their jobs. Julius...
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How Hiring Managers Mess Up
If you've been in the job market in the last few years, and more people have, you've probably had your share of frustrations. From not getting the job, to having to take a pay cut, to dealing with the...
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The Pay Debate Continues
In case you were worried about the compensation that Vikram Pandit, chief executive of Citigroup, will bring home for 2011, take a breath. Citigroup's board is inching closer to a decision and will...
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BlackRock's Rice to Depart
Daniel J. Rice III, co-manager of $4.4 billion in energy assets at BlackRock Inc., will leave the firm at year-end, the world's largest asset-management firm said Thursday. Rice's departure comes...
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Military Veteran Hiring Could Reach 240,000, White House Says
Since the Obama administration appealed to private companies to hire veterans, more than 70,000 vets and military spouses have found jobs, making President Barack Obama's goal for industry to hire...
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