Monday's Headlines: Wall Street Hiring Inches Back
Wall Street staffing is showing signs of life: Both bulge brackets and boutiques - soem of them, anyway - are hiring, while laid off bankers are landing temportary assignments. [Crain's]
Citigroup is hiring hundreds of bankers and other staff in its European securities and investment banking business. [WSJ]
Nomura is vying to become a bigger player in U.S. investment banking by targeting new acquisitions and growing its North American staff, which has nearly tripled in the past two years. [FT]
Royal Bank of Scotland is doling out big bonuses to motivate top staff, despite posting declining revenues. [Independent]
European investment banks are beginning to outsource equity research and advisory jobs, in part to meet Asian demand. [Euromoney]