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Lunchtime Links: ICAP and the enormous equities push

Cash equities have been hot this year. In June, one headhunter told us hiring in the area was hotter than at any time in living memory. Today, ICAP sheds some light on all that fieriness.

According to Financial News, ICAP has spent the past 18 months amassing a team of 210 equities professionals and is planning to justify its investment with a big equities push next year. ICAP's hiring success follows rumours of very generous cash sign-ons for its new recruits. Unfortunately, recruiters say most of its seats are now filled.

Executives at Lehman and Bear Stearns cashed out nearly $2.5bn between 2000 and 2008. (Wall Street Journal)

UK government won't be making banks disclose names of top 20 highest earners after all. (Guardian)

53% of voters back a Tobin tax. (Guardian)

The wide-ranging powers to be given to the Treasury and Financial Services Authority "do not appear to accord with the rule of law." (The Times)

Goldman should cut bonuses and make a multibillion-dollar gift to reduce the national debt. (New York Times)

It may (in fact) be sometime before BofA can find someone to replace Ken. (Bloomberg)

Universities Superannuation scheme wants to hire seven people. (Financial News)

Henderson will have to recruit externally for an emerging markets hedge fund. (Financial News)

The French government may try to merge Societe Generale and Dexia. (Bloomberg)

It's ok, Jim Rogers was 35 before he made his first million. (Financial Times)

PWC planning to recruit 2,000 consultants over the next four years. (The Times)

Great growth in green jobs. (The Times)

Save money, live in a cave. (Denver Post) (HT Naked Capitalism)

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AUTHORSarah Butcher Global Editor

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