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Russian Bank to Hire 200
Russia's probably thanking its lucky stars it's not considered part of the West right about now. As banks in Europe and the U.S. lay off hundreds of thousands of employees, Russian bank VTB Capital...
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Banker Bonuses Capped at Barclays
U.K. banking group Barclays PLC said Friday it would cap investment banker bonuses as its 2011 full-year net profit slumped on a sharp drop in investment banking revenue. The London-based bank said net...
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Barclays Joins the Pack
The good news is Barclays isn't planning a major layoff. The bad news is, like at many other banks, management decided to shrink the bonus pool this year for the investment bank."There is no plan as...
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Hiring at Accounting Firms, in Russia and at Retail Banks
Tip: Accounting Firms Are Hiring There's one finance sector that's booming while others are flailing: accounting. Collectively, the Big Four and national accounting firms are adding hundreds of...
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Japanese M&A on the Upswing
Generally speaking, the hiring atmosphere in Japan isn't that hot. On top of the March 2011 earthquake that unsettled the economy, Europe's woes have started to reach Asian shores. Finance firms cut...
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Six Ways to Keep From Wasting Time in Meetings
A recent study of how chief executives manage their time found that they spent about a third of their workweek in meetings—about 18 hours a week, on average.CEOs say that meetings are an important part...
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Singapore Bank Hiring in China
Asia hiring may be muted, but it certainly isn't dead.Singapore-based bank DBS Group Holdings Ltd. will grow its employee base in China by 25%, or 400 employees, in 2012, according to Melvin Teo, chief...
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Banking May Hurt Your Health
Add investment banking to the list of things that could be dangerous to your health.A University of Southern California researcher found insomnia, alcoholism, heart palpitations, eating disorders and...
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World Bank Chief to Leave Post
WASHINGTON—World Bank President Robert Zoellick said Wednesday he would step down as scheduled when his term ends in June, setting the stage for a new leader to be named to the international lender in...
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BNP Paribas in the Clear, for Now
BNP Paribas avoided any scary layoff announcements when it reported fourth quarter earnings yesterday. It was the first in the French suite of banks to report, and the results weren't as tragic as...
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The Perfect Corporate Finance Resume
As investment-banking refugees look to the stability of corporate finance, landing a corporate or commercial banking position is becoming more competitive. Getting past the hiring gatekeeper now...
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Sun Life CEO Says Planned Job Cuts on Track
TORONTO--Sun Life Financial Inc. expects to complete most of its planned U.S. job cuts by mid-year, Chief Executive Dean Connor said Thursday. Connor, who took over in December when Don Stewart...
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Spring Shoots Emerge from Winter
Bank of America, which is in the processing of eliminating 30,000 jobs globally, said it would hire 500 workers in Delaware over the next three years. There are currently 7,000 employees in BofA's...
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The Career Lessons of Jeremy Lin
Not many of us are 6-foot-3 Harvard graduates who can play at the level of professional basketball. That hasn't kept career coaches, along with t-shirt, sneaker and other tchotchke-makers, from cashing...
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Bonus Blues Hit Banker Spending
When a banker from Deutsche Bank recently sat down for dinner with a friend at an upscale Manhattan restaurant, the two started joking about who would pick up the check."I'll pay with my deferred-stock...
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The Possible End of Blankfein
Succession wars at Wall Street firms can resemble the most intense of Shakespearean dramas, and the one unfolding at the House of Blankfein is no exception.Fortune reports that Blankfein may step aside...
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Your Facebook Profile May Predict Your Job Performance
Could your Facebook profile be a predictor of job performance?A new study from Northern Illinois University, the University of Evansville and Auburn University suggests it can.In an experiment, three...
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Lazard Hires From Rival in Asia Expansion
Investment bank Lazard has poached an Australian rival for its Southeast Asia M&A business as it expands into the booming region.The U.S. bank announced on Tuesday it had appointed Glenn Porritt as...
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Lloyds Takes Back Bonuses
Lloyds Banking Group PLC said Monday that it will claw back part of the bonuses it awarded top management in 2010 following an insurance payment scandal, the latest example of a financial institution...
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The Great Bonus Backlash
Those bonuses, they seem to be shrinking like the bank balance of Jon Corzine.In the space of a couple of days, Société Générale, Lloyds, Bank of America and, reportedly, HSBC, are all taking back...
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