Tag:
hiring
Latest Headlines
Latest Headlines
Wall Street hiring to pick up
The financial services industry added 3,000 jobs in February, a big upturn from a loss of 10,000 jobs in January. The big question of course is whether this hiring momentum will be sustained.
"The next few months--the perennial high time for Wall Street hiring--are going to be the most telling
Why Wall Street favors the Ivy League
Wall Street has long been thought of as a bastion of elitism where Ivy League men rule, to the detriment of women and non-Ivy Leaguers. Is this fair? Obviously, it's a stereotypical view of the industry, a jaundiced look from afar. There are, after all, many non-Ivy League employees in the in
A hiring boomlet on Wall Street?
The conventional wisdom on Wall Street is that the top banks are looking to pare staff to restrain expenses in the face continuing weak revenues. Meredith Whitney, among others, has been predicting as much. We certainly expect to see more of this, perhaps in stealth mode.
But Breakingviews
Wall Street networks aim to hire athletes from top schools
Wall Street's culture reveres sports and sees athletes from Ivy League and other top schools as prime candidates. They favor the discipline and aggression that comes with competitive athletics. So it's not surprising that some financial firms tap their alumni networks to hire people out of college
Frenzy to hire bankers in London?
We've been talking recently about pink slips at U.S. banks over the next year or so. The hiring boom that many were hoping for never fully bloomed. But there is some selective hiring going on.
In London, where banks are in no better shape than U.S. banks, there's a big push now to add investme
Is the hiring boom already over?
Not too long ago, we--and plenty of others--were talking about all the hiring going on in the industry. There was plenty to discuss .
Goldman Sachs ( NYSE: GS ) added 600 jobs worldwide in the first quarter. JPMorgan's ( NYSE: JPM ) investment bank had hired more than 2,000 people since
What to make of the Wall Street hiring boom
We've noted that hiring seems to be picking up on Wall Street, generally and in specific areas like information technology . In New York, 6,800 financial-industry positions were added from the end of February through May, the largest three-month increase since 2008, notes Bloomberg . All
Hiring on Wall Street soars
We've been suggesting for a while now that hiring on Wall Street was gathering momentum, raising hopes that the good 'ole days were almost back. Bloomberg reports that hiring activity is indeed heating up at several big companies.
New York City boasted 429,000 financial jobs as of the end
Big hiring boom to detonate on Wall Street?
There's been lots of talk that Wall Street was girding up for a big hiring boom as the bad times recede. That seems to be underway. At Goldman Sachs ( NYSE: GS ), for example, the ranks of professionals numbered 3,000 more than it did a year ago. Across the industry, hiring by financial services
Wall Street back in hiring mode
And just like that, hiring at top Wall Street banks has picked up. You can't really say the floodgates have reopened. But business in a lot of areas--trading and energy, among others--has really picked up. Reuters says that a lot of TARP banks are now "trying to catch up with hiring earlier th
