Recent market swings, jitters, and recession fears aside, bonuses may wind up higher for most Wall Street sectors after two years of steady declines, says Johnson Associates, Inc., a strategic compensation solutions provider based in New York City. The company is projecting “year-end incentives to be higher across almost all sectors” in its “Financial Services… Read More >>
Fidelity Plans to Make 12,000 New Staffers Happy
Fidelity Investments is hiring and hoping that innovations in personnel training and development will help the Boston brokerage hang on to new talent. The firm reports that it is on track to create more than 12,000 jobs with a majority of them customer-facing positions — 69 percent — as the firm embraces new digital platforms… Read More >>
BofA Global Research Launches Coverage of Digital Assets
BofA Research Publishes Crypto Primer Bank of America reports the publication of an instruction and information book entitled “Digital Assets Primer: Only the first inning,” marking the start of the bank’s cryptocurrency research coverage. The bank’s head of global cryptocurrency and digital asset strategy, Alkesh Shah, led the primer’s publication, according to a BofA… Read More >>
Bank of Ireland to Hire 130 Technologists
New Staff Tasked to Deliver a Digital Transformation Officials at the Bank of Ireland recently announced that they have begun recruiting to fill 130 technology positions whose mission will be to deliver on an “ambitious digital agenda.” Part of that digital agenda is likely to include support for the bank’s securities trading activities even… Read More >>
Fidelity Hiring to Fill 4,000 Positions
Fidelity to Make Ops & IT Hires Too Money manager Fidelity Investments is on hiring spree and is seeking to fill approximately 4,000 positions across the U.S. over the coming six months to meet “unprecedented customer growth and engagement,” Fidelity says. “Recent market volatility and an increasingly complex economic environment has driven millions of new… Read More >>
‘Numerix is drawn to the qualified employees of Ireland’
Numerix, a provider of cross-asset analytics for derivatives valuations and risk management, is expanding into Ireland and plans to open an office there and over the next three years to hire approximately 30 people with backgrounds in financial engineering and analytics development and legal and accounting professionals. The move will be made with the support… Read More >>
Getting Hired for Ops Gains New Respect
Things have changed in the back office. The operations staff no longer takes an automatic back seat to Wall Street’s big, bad money-making wolves on the trading desk. Not that it’s turned into models ’n’ bottles in operations. But not so long ago, those in operations were widely regarded as the Rodney Dangerfields of the… Read More >>