personnel
- Health
Yale psychologist: How to cope in a world of climate disasters, trauma and anxiety
Sarah Lowe is a clinical psychologist and assistant professor in the department of social and behavioral sciences at Yale School…
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Barclays expands prime broking as rivals pull back after Archegos
Barclays is making a fresh push into prime broking after rivals retreated in the wake of steep losses from the collapse…
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Accounting regulator slams diversity failures in company reports
The UK’s accounting regulator has raised concerns over how honest companies are being in their financial reports when they miss diversity targets…
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Major London law firms hiring ‘anyone with a pulse’ as soaring salaries aren’t enough to keep junior lawyers
City law firms are struggling to retain junior lawyers in the wake of Covid-19, despite soaring salaries netting newly qualified…
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Citigroup to hire 100 roles into new digital assets unit
Citigroup has named a new head of digital assets within the division housing its investment bank, and will hire an additional…
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Cravath to pay $115,000 bonuses to junior lawyers in sector pay hike
Cravath Swaine & Moore will pay bonuses of up to $115,000 to its junior lawyers, an increase on the previous…
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JPMorgan offers to reimburse Hong Kong bankers’ quarantine costs
JPMorgan has told Hong Kong staff it will pay up to $5,000 back in compensation for their quarantine stay when…
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Equal Pay Day shows why the City needs to step up on diversity
Maike Currie is head of personal finance and markets content at Fidelity International. Thursday 18 November 2021 is Equal Pay…
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FCA looks to recruit outside of London to double down on regional strategy
The Financial Conduct Authority is pledging to hire hundreds of new roles outside of London as it pushes ahead with…
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GOP report shows inflation hurts low-income Americans the most, blames Democrats for price jumps
A person shops in the meat section of a grocery store on November 11, 2021 in Los Angeles, California. Mario…
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Record 4.4 million workers quit in September as U.S. suffers worst labor shortage in decades
The number of workers who quit their jobs in September rose to a record high for the third month in…
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A record 4.4 million people quit in September as Great Resignation shows no signs of stopping
A record-high 4.4 million people, or 3% of workers, quit their job in September, according to the Labor Department’s latest…
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Sack Deloitte from Test and Trace inquiry role, Labour says
The Labour Party has called for audit firm Deloitte to be sacked from its role preparing NHS Test and Trace…
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BoE’s Catherine Mann warns pandemic ‘she-cession’ to hurt women more than men
Women are at risk of falling further behind their peers on the career ladder as workers return to the office…
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Biden offers sympathy and potential supply chain fixes as he has few real options to halt inflation
U.S. President Joe Biden speaks on the bipartisan infrastructure deal at the Port of Baltimore in Baltimore, Maryland, on Wednesday,…
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JPMorgan leads Wall Street banks in blockchain hiring craze
JPMorgan is still Wall Street’s biggest blockchain fan, as the lender continues to outpace its rivals with a global hiring…
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Ride hailer Gett edges closer to $1bn Spac merger
Gett is nearing a merger with a special-purpose acquisition company that would take the corporate-transportation platform public with a roughly…
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Goldman Sachs bolsters pay for London dealmakers by 34% in 2021
Goldman Sachs has paid its City employees an average of 34% more so far this year, as Wall Street investment…
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Biden lauds strong October jobs report as House works toward votes on big economic bills
US President Joe Biden delivers remarks on the October jobs report from the State Dining Room of the White House…
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Mystery of the missing millions the only blemish on strong U.S. jobs report
The U.S. jobs report for October hit all the right notes — except for one. Read: U.S. adds 531,000 new…
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Retailers look to staff up ahead of holiday rush with workers in short supply
My Secret Stash in Traverse City, Mich., is thinly-staffed ahead of the holiday rush. Owner Karen Hilt is gearing up…
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U.S. adds solid 531,000 jobs in October, but Americans still not flocking back to labor market
The numbers: Companies stepped up hiring efforts in October and added a solid 531,000 jobs, but the biggest labor shortage…
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WHO warns Europe could see 500,000 more COVID-19 deaths by February amid uneven vaccine take-up, and U.S. starts to give kids as young as 5 their shots
President Joe Biden has released the details of his vaccine mandate for employers with 100 or more employees, saying Thursday…
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Iain Anderson: ‘Why has there never been a government LGBT business champion before?’
For a man who wrote a book entitled ‘F*** Business’, Iain Anderson might seem a strange choice for the government’s…
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U.S. jobless claims drop to pandemic low of 269,000 as firms avoid layoffs during labor shortage
The numbers: The number of Americans who applied for unemployment benefits in late October fell to yet another pandemic low…
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London takes global crown for women-led fintech firms — with only two players
The UK’s capital has the highest number of female chief executives overseeing large fintech companies in the world, as well…
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‘Meaty’ bonuses are on the way for junior lawyers at US firms in London
Junior lawyers in the London offices of US firms are gearing up for an end of year bonus season that…
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Labor shortage, supply constraints and inflation hold back economy trying to emerge from pandemic
As far as the eye can see cargo trucks wait in long lines to enter The Port of Los Angeles…
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Amazon hired 628,000 people but is still short staffed
Amazon.com Inc. says it added 628,000 workers globally over the past 18 months, but labor continues to hamper the company’s…
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Morrissey: FCA gender reporting rules could act as ‘distraction’ to boardroom diversity
City grandee and diversity champion Baroness Helena Morrissey says proposals from the UK’s financial regulator to allow listed firms to…
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Want to make £500k a year? Get a senior job in ESG: ‘There’s a double whammy of strong demand and short supply’
Competition is rife among asset managers in the booming environmental, social and governance sector amid soaring interest in sustainable investments.…
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HSBC hires Wiggins for key UK investment banking role
HSBC hired a senior investment banker in a push to win more lucrative M&A deals in the UK. Sarah Wiggins…
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An audience with Swiss Re’s Moses Ojeisekhoba: ‘Awareness is not a proxy for change’
Moses Ojeisekhoba spent the first four years of his career knocking on doors in middle- and upper-class neighbourhoods in California,…
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Judge orders Lanistar to cough up unpaid salaries to former staff
An employment tribunal has awarded thousands of pounds in payments to former staff at Lanistar who were not paid salaries…
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JPMorgan launches UK apprenticeship to target Black non-finance workers
JPMorgan has launched a new apprenticeship to hire Black professionals from other sectors into its UK operation, as large investment…
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Trading Places: BNP Paribas promotes PE banker, Nomura’s hiring spree
Private equity and junior bankers were in the spotlight this week, as investment banks reported earnings that showed they are…
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Wall Street set to shower bankers with highest pay and bonuses since 2008 crisis
Top Wall Street banks are on course to pay their dealmakers more than at any point in at least a…
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Goldman Sachs more than doubles first-year banker bonuses to £64,500 amid junior burnout crisis
Junior banker bonuses in London have surged by 60% this year as firms have moved to stem an exodus of…
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Ex-FCA staff fear talent drain amid bonus cuts
Former staffers at the Financial Conduct Authority said more people could leave the regulator as it undergoes a major project to transform its culture.…
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Nomura kicks off hiring spree for 50 junior bankers as battle for talent heats up
Nomura is kicking off a fresh hiring spree for 50 analysts and associates before the end of this year, as…
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Lawyers warn of legal risks as Goldman, JPMorgan relax Covid safety in offices
Lawyers warn that City firms that opt to scrap social distancing requirements in the workplace could face a surge in employment…
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How a City fund manager’s idea to hire 100 Black interns spread to Goldman, Google and TikTok
Ami Ophelia-Brown submitted over 300 job applications during her final year at the University of Northampton, from where she graduated…
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The case for ‘hope punk’ when talking about climate change: ‘To be hopeless is to be uninformed’
Elin Kelsey Photo credit: Agathe Bernard It’s not naïve to be hopeful about climate change. To the contrary, it’s the…
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Investec hires Credit Suisse’s head of European equity sales in US push
Credit Suisse’s former head of European equity sales in North America has been hired by mid-market investment bank Investec as…
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FCA staff take steps to form union amid bonus cuts and ‘demoralised’ workforce
Unite launched a petition to be officially recognised as the union for Financial Conduct Authority staff, as employees at the…
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FCA to scrap bonus payments for all staff in major pay overhaul
The Financial Conduct Authority is planning to scrap bonuses for its roughly 4,200 workers as it fires the starting gun on…
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Clifford Chance’s Melissa Fogarty: ‘There are far too few female and minority partners’
Female and minority lawyers are still being held back from rising to the top of leading law firms, according to…
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Here’s Jamie Dimon’s explanation for not taking a cut to his $31m salary
JPMorgan CEO Jamie Dimon says that taking a pay cut would “offend” the board of the company. That’s JPMorgan CEO…
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More than two-thirds of City bosses fear staff shortage amid post-Brexit labour squeeze
Some 70% of City executives say their company has been hit by current labour supply shortages, as new figures suggest…
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FTSE 100 falls behind on diversity with just eight female CEOs
Only eight of the City’s top 100 businesses are run by women, as firms fail to make strides towards greater diversity among…
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