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Monday's Headlines: Marex Group Seeks Staff to Aid Expansion

Commodities broker Marex Group is planning to hire an additional 55 staff this year and expand in the U.S. and Asia. [Financial News]

Wall Street's elite could face higher taxes to make up for New York's tax shortfall. [Crain's New York]

Salaries are on the rise for entry-level financial advisers. [InvestmentNews]

The separation of research and investment banking businesses have altered the revenue models for most top banks. [Financial News]

Hedge funds appear to have lost their edge and are running out money-making ideas. [Fortune]

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AUTHORScott Krady Insider Comment

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The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.

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The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.