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Credit Suisse Stands Behind CEO Dougan
In an unusual move, the board of Credit Suisse Group AG Friday issued a statement to back Chief Executive Brady Dougan, saying it is confident management's plans to bolster capital will ensure...
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Goldman's de Giorgi to Join BofA
Goldman Sachs Group Inc. executive Diego de Giorgi is expected to leave the Wall Street firm to take a senior role with Bank of America Merrill Lynch in London, according to people familiar with the...
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Hiring for Financial Reps, Veterans and Wealth Managers
Tip: Guardian Life to Hire 450 Financial RepsFinancial services and insurance company Guardian Life will hire 450 more financial representatives for its agencies across the U.S. by the end of the year....
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Summer Layoff Season in Full Swing
Last summer, Credit Suisse announced a plan to cut 3,500 jobs. A year later, it's still making redundancies under the initiative. The firm will fire 60 directors and managing directors in its European...
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Bank of America to Hire 1,000 Military Vets
Bank of America plans to double the number of military veteran hires to 1,000 this year, with opportunities in IT and operations, military assistance, consumer banking and wealth management. The bank...
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The Perfect Sales and Trading Resume
With economic uncertainty not going away soon, those eager to land a sales and trading role must show that they can navigate an unpredictable market at lightning speed. While there are fewer job...
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What to Tweet If You're a Morgan Stanley Financial Adviser
Well, they may not be Kim Kardashian or Ashton Kutcher worthy, but soon the tweets of 17,000 financial advisers from Morgan Stanley Smith Barney will enter the Twittersphere under a new program at the...
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Opportunity Beckons in Myanmar
You've heard that Asia is the place to be. Then you heard Asia was cooling down and was not the place to be, unless you were in something like wealth management.Here's a part of Asia you may not have...
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The Perfect Private Equity Resume
Private equity has long been known for its high salaries and elite roles. Bottom line: Competition is fierce and if you're eager to break-in, a less-than-perfect resume can easily eliminate you from...
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Cantor Fitzgerald Plans to Hire 1,000
Apparently it pays to be a small fish in a big pond.Cantor Fitzgerald, a smallish investment bank that's private, still plans to hire 1,000 people in the next several years, said Chief Executive...
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MBAs and Wall Street Still in Love
M.B.A. students are still anxious to join the finance industry and more willing to consider jobs at boutique advisory firms and middle market investment banks, according to a new survey.When asked what...
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The Perfect M&A Resume
Instability in the global markets means that investment banks and M&A advisory firms are continuing to hire during a busy time for M&A professionals. If you're eager for a mergers and...
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Barclays Execs Give Up Bonuses
Bob Diamond and Rich Ricci may not live up to their names at Barclays this year.Chief Executive Diamond and corporate and investment banking head Ricci have decided not to take a bonus for this year....
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J.P. Morgan Expands Risk Group in Troubled Unit
J.P. Morgan has added at least five new employees over the past month to the risk department in its Chief Investment Office, the unit responsible for trading losses that may have climbed to $9 billion,...
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The Perfect Insurance Resume
While the insurance industry has not been able to avoid the fallout from the financial crisis, recruiters are focusing on areas of finance like securities and mutual funds to staff some of the newest...
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The Perfect Mortgage Finance Resume
Demand has shifted within the mortgage industry – these days, refinancing gurus have fallen from grace and companies are eager for hires that possess more traditional management skills. When it comes...
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Mortgage Hiring on the Rise
Low mortgage rates: Good for people who want to refinance, even better for jobseekers who want to handle the transactions.As a result of increased client demand, companies are expanding their mortgage...
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How to Fire Your Dad
Being the boss who sends employees packing isn't ever easy, but lots of people in this economy are willing to fire folks--depending on who is on the firing line. In FINS' informal online survey Sign or...
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Regulators Eyeing J.P. Morgan Risk Models
Regulators have stepped up scrutiny of J.P. Morgan's internal controls by asking the bank to demonstrate that its risk models are designed and working properly, according to people close to the...
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The Perfect Financial Adviser Resume
If you're an experienced financial adviser, an attention-grabbing resume can be what gets you through the door. And while you still need a stellar book of business to actually get that offer letter, a...
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