personnel
- Finance
Credit Suisse hires Barclays’ Nacho Moreno to head Spain and Portugal dealmaking
Credit Suisse has poached the head of investment banking at Barclays in Spain, the latest senior hire at the Swiss…
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Goldman Sachs adds 350 bankers in Europe as Brexit plans rolled out
Goldman Sachs bolstered its EU operations by 350 staff last year, as major investment banks face increasing pressure to shift staff to…
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Axa IM eyes launch of new private markets business
Axa Investment Managers, the €864bn fund management unit of the French insurance group, plans to establish a new business unit…
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LGIM piles pressure on boardroom diversity and pay
Legal & General Investment Management, the UK’s largest fund management group, ramped up its opposition to companies falling short on…
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Trading Places: JPMorgan poaches Aviva’s Singh, FCA hires ex-Goldman MD, BofA nabs Ansorg
Big hires continued apace this week, starting with Jefferies, which hiredMorgan Stanley dealmaker Richard Gostling to head up its coverage of…
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Schroders ties staff comp to ESG goals — here’s how this will impact pay
Schroders has linked fund manager and analyst remuneration to sustainability goals, as it rolls out a new company-wide “engagement blueprint”.…
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HSBC plans hiring spree in bid for Asian wealth
HSBC will hire rapidly in its Asian wealth business in 2022, building on last year’s brisk expansion, and remains open to…
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Why Wol Kolade is looking at China and Taiwan, not Russia and Ukraine
As the crisis in Ukraine deepens, Wol Kolade, the boss of mid-market private equity firm Livingbridge, fears that the Russian invasion could…
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Accenture mulls handing Russia firm to local staff as parent pulls out
Accenture’s Russian management is rushing to set up a local successor firm after the consulting giant said it would close down its…
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The Rise and Fall of the Management Visionary Behind Zappos
In 2009, Tony Hsieh retreated to Lake Tahoe, Calif., from his home in Las Vegas with his longtime friend Jenn…
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International Women’s Day: Who will make Financial News’ list of leaders?
Finance has long been criticised for its lack of gender diversity. Few women hold leadership roles. There are some, however, who…
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Abrdn brings bonuses back after profits jump 47%
Abrdn, the UK-listed asset manager, plans to pay bonuses to the majority of its staff again after an almost 50%…
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PJT Partners offers onsite therapist to London dealmakers as banks fear well-being crisis
Boutique PJT Partners is trialling an onsite therapist for its dealmakers in London, as investment banks roll out new benefits…
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Alantra poaches new Italy chief executive as hiring spree continues
Mid-market investment bank Alantra has recruited three senior dealmakers for its Italian operation, continuing an aggressive European hiring spree that…
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Private jets, Wimbledon and banker insults: The downfall of Credit Suisse’s António Horta-Osório
After relocating to Zurich last spring to run Credit Suisse Group as chairman, António Horta-Osório flew to London and Lisbon for…
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Bank of America increases dealmaker bonuses by up to 50%
Bank of America’s bonus payments for dealmakers surged by as much as 50% in 2021 as large investment banks hiked…
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‘Stupid money’ for London lawyers seen ratcheting even higher: ‘The numbers are crazy’
A pay boom for junior lawyers at London law firms shows no signs of stopping, with annual salaries for first-years…
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NatWest pays senior traders £30m as bonus pool surges by 44%
NatWest paid out nearly £30m in bonuses to some of its top trading staff last year, despite marking a loss…
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Boutique FT Partners sets new bar with $140,000 starting salary for junior bankers
A boutique investment bank run by a former Goldman Sachs banker has just upped the ante on junior pay as…
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Goldman Sachs extends junior pay rises to trading, asset management and wealth management
Goldman Sachs has bumped junior salaries for some employees in its sales, trading, research and asset management units, as pay…
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PJT Partners hikes junior salaries as boutiques edge ahead of larger rivals
PJT Partners has raised entry-level salaries for its London juniors to £70,000, putting the boutique among the highest paying banks…
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