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Week in Review: Swinging the axe at Bear, JP, Morgan, Calyon, Natixis and UBS
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There were lots more redundancies last week. Everyone from managing directors (Morgan Stanley) to associates (UBS) felt the steel.
Bear Stearns continued to feel the pain...
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16/05/2008
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More candidates, fewer jobs, lower salaries
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The latest piece of research from Morgan McKinley doesn’t make great reading if you’re trying to find a new job.
According to the recruitment company’s...
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16/05/2008
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Dr Dread: Nastiness is by no means over yet
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Ignore what banking bosses say: the nice decade is most definitely past and the nasty decade is upon us, says the purveyor of gloom….
Banking...
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15/05/2008
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French banks get heavy handed
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Forget the 35-hour week and jobs for life, French banks are showing signs of Anglo-Saxon-style ruthlessness. So far it’s restricted to London, but it’s reasonably certain...
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15/05/2008
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Can Pandit handle it (and should you steer clear of Citi if not)?
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If Meredith Whitney’s right, Citi’s going to the dogs no matter how hard Vikram Pandit tries to bed it down amongst the roses.
Whitney says...
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15/05/2008
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Barclays Capital sprays cash at ABN M&A bankers
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Who says Barclays Capital doesn’t do M&A advisory? Bob Diamond’s decision to hire wholesale from ABN suggests BarCap wants to do M&A and wants to do...
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14/05/2008
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more..
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