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The News: Costas, Hutchins Launch Dealer

John Costas, Michael Hutchins And Partners Establish The PrinceRidge Group LLC [PrinceRidge, via BW]

Jefferies Appoints Head of European Credit Sales and Trading [Jefferies, via BW]

Veteran Investment Professionals from Vanderbilt University Join Diversified Trust Company [Diversified Trust]

CityView Teams Up With Two Real Estate Industry Leaders -- Expands the Scope of Its Urban Development and Investment Capabilities [CityView]

John Harley to Lead Private Equity Practice at Ernst & Young [E&Y, via PRN]

The South Financial Group Names Rich Bradshaw as Director of Small Business Administration Lending [South Financial Group]

American Express Business Travel Launches New Research Practice [American Express, via BW]

Research analysts, take note. At first blush, this might appear off the track for a financial professional. But "off the track" is precisely where many of us ought to be exploring these days - sniffing out Plan B-type opportunities that utilize transferable skills.

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The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.