Lunchtime Links: Many thousands of consulting jobs coming at PricewaterhouseCoopers
If you've lost your job in banking and can't get back in, retraining as a consultant could be a wonderful idea. According to The Times PricewaterhouseCoopers intends to triple its fees from management consulting and will therefore be hiring an additional 2,000 staff, including 100 partners and 200 graduates. Financial services companies are expected to be a 'source of income,' which suggesting that financial services consultants will be wanted soon.
Deloitte reports shrinking revenues. (Financial Times)
The Securities and Exchange Commission today charged Bank of America Corporation for misleading investors about billions of dollars in bonuses that were being paid to Merrill Lynch & Co. executives at the time of its acquisition of the firm. (Wall Street Journal)
John Thain was right. (Reuters)
Banking bonuses are a bubble that's yet to burst. (Bloomberg)
Barclays Capital has hired 200 people on guarantees and 3 on two year guarantees. (The Times)
BarCap hires UBS MD for its ECM team. (Financial News)
BarCap juniors allegedly unhappy that their salaries haven't increased. (Dealbreaker)
Stop blaming Goldman Sachs. (The Daily Beast)
Some GPs may be earning 300k. (Telegraph)
