Wednesday's Headlines: Layoffs Coming at Barclays, But Not In Front Office

eFC logo

Barclays Capital Plans Layoffs [WSJ]

Barclays Capital plans to lay off several hundred back-office staff and an announcement could come today. But the Journal's unnamed source for the report also said Barclays will continue to hire for equities and other front-office roles through the remainder of this year.

Fundraisers Bulk Up Amid Cash Crunch [Financial News]

A worldwide hiring boom is under way for fund placement agents, as firms including Evercore Partners, Triago and Jefferies add staff and open new offices to meet a spike in demand from private equity firms seeking to attract investors in a tough fundraising environment.

The Energy M&A Surge [NY Times]

While M&A business on the whole has stagnated this year, there is an accelerating boomlet in energy deals. In fact, they're running at a record pace - 2,050 announcements worth a total of $292 billion so far in 2010, according to Thomson Reuters data. That explains the ongoing feeding frenzy to hire M&A bankers.

Zenta To Add 100 Jobs In New Round Of Hiring In Charlotte [Charlotte Business Journal]

Zenta Mortgage Services aims to hire an additional 100 mortgage professionals immediately for its residential mortgage-servicing business in Charlotte, adding to the 350 hires it's made there this year.

Follow eFinancialCareers on Twitter:

Popular job sectors


Search jobs

Search articles