Monday's Headlines: Are Smaller Banks the Best Place to Look for Jobs?

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Banks like Citi and BofA are reporting trading slowdowns and lower investment banking earnings, but small institutions with less baggage are seeing profit multiply with the help of acquired large-bank assets. [WSJ]

Credit Agricole has joined the list of European banking companies looking to make investment banking inroads on Wall Street, hiring specialists from U.S. firms. [American Banker]

Even as they cast off prop traders, big banks are welcoming high-frequency traders. [Fiercefinance]

Piper Jaffray has announced that it will transfer its private capital business to an independent fund manager as of December 1. [American Banker]

Demand for B-school graduates is on the rise globally despite a sluggish recovery, according to a new study. [NY Times]

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