Discover your dream Career
For Recruiters

Six financial services firms that say they will keep hiring

While headhunters talk of hiring freezes now at many of the giant banks like Bank of America/Merrill Lynch, Goldman Sachs, Morgan Stanley and Citi, some large financial services firms are still hiring in specific areas. Here are a few places where financial jobseekers may want to look:

1) BNP Paribas - prime broking

BNP Paribas has spent 18 months readying its prime broking business and is now ready to launch it on the world. According to Financial News, it currently employs 350 people and plans to grow headcount in the U.S. over the next year.

2) BlackRock, UBS - mining analysts

Last week, Bloomberg ran a story reflecting upon the popularity of mining analysts, who are being picked up by everyone from Paulson & Co, to BlackRock, UBS, and Macquarie.

3) Evercore - senior investment bankers

Back in February, Evercore said it wanted to expand in Europe and in particular to hire some senior M&A staff. A few weeks ago, it said it's hired six senior managing directors and that it intends to, "make the same investment and gather similar fruit next year as there is a long-term leakage of talent from the bulge bracket to firms like ours."

Although Evercore is only declaring its intention of hiring senior rainmakers, top end recruitment is likely to be matched by hiring more junior staff to balance out the hieararchy.

4) Jefferies - unspecified

Jefferies is the black sheep/'kid that's doing its own thing' in this list of avowed hirers. It hasn't committed to additional recruitment and in June said it was pulling back from hiring.

Since the start of June, however, Jefferies has announced the recruitment of more than 20 senior people. Last week it was said to poach a senior German industrials banker from UBS.

We expect more hiring here, even if Jefferies isn't saying so.

5) JP Morgan Chase and GE Capital - Chicago

JP Morgan Chase announced today that it planned on adding 400 jobs and four new branches in Chicago over the next five months. According to the Chicago Tribune, Chase once employed White House chief of staff William Daley, the brother of former Mayor Richard M. Daley, as its Midwest chairman. Meanwhile, GE Capital says it plans to add 1,000 new jobs by the end of 2012.

AUTHORSarah Butcher Global Editor
  • Ve
    15 August 2011

    the hiring is in the 100s but the firings are in the thousands.

Apply for jobs

Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Latest Jobs
Project Manager/PMO
Tampa, United States
Selby Jennings
Credit Risk AVP
Selby Jennings
New York, United States
Corporate Finance Associate
Washington, United States
Director, Investment Banking
New York, United States