Barclays plans to accelerate hiring in its wealth unit, and is expanding efforts in Boston, New York, Atlanta and Chicago. [Reuters]
Quant funds see the insider trading probe as an opportunity to expand. [FierceFinance]
JPMorgan and Deutsche Bank are hiring bankers who cater to high-net-worth clients. [Bloomberg]
Dodd-Frank has spawned a new industry of law firms and consultants courting whistleblowers and helping companies in their contract negotiations with mega-banks.
The UK's Seymour Pierce is in merger talks with Gerova Financial Group, a New York Stock Exchange-quoted reinsurer. [FT]