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Thursday's Headlines: Singapore's Temasek Fund Hires Ex-BofA Executive Greg Curl as Co-President

Temasek Names Gregory Curl, Simon Israel as Presidents to Boost Management [Bloomberg News]

Latest data point on the geography of career opportunities: the runner-up for the top job at Bank of America is joining Singapore's state-owned investment company as co-president.

Other Duquesne Managers To Start Their Own Firm [MarketWatch]

Some of Duquesne Capital Management's other portfolio managers plan to start a new hedge fund firm when famous founder Stanley Druckenmiller shuts the $12 billion hedge fund firm. MarketWatch's source didn't say which ones, but the story names John Kiarni, Kedar Kulkarni and Michael Shay as PMs now at Duquesne.

Financial Reform Bill Calls For Diversity [LA Times]

The financial services industry, already ahead of most other U.S. industries in terms of work force diversity and ongoing efforts to promote it, faces added oversight and mandates for diversity under the Dodd-Frank Act's Section 342. Right-wing think tanks and some industry representatives see the provision as a stalking-horse for dreaded racial quotas. Liberals see another chance to exploit reflexive stereotypes like the belief that Wall Street is hostile to minorities and women.

Bank's Hiring Is On Track [Winston-Salem Journal]

Wells Fargo is expanding its work force in the Winston-Salem, N.C. area by 150 by October 2011. Most of the added jobs are in wealth management, trust and branches.

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AUTHORJon Jacobs Insider Comment

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