In the latest hiring roundup, Deutsche Bank is adding to its healthcare and compliance teams, two EU startups are growing rapidly and Pimco is taking an equities plunge.
DB adding to healthcare team
Deutsche Bank just added two new members to its healthcare investment banking team in New York. The bank signaled that it will continue to add talent to the team.
Pimco hiring in equities
Pimco, the once dominant bond giant run by eclectic founder Bill Gross, is planning a deeper dive into equities. The firm is looking to hire as many as 16 new equities staffers, split between senior portfolio managers, traders and analysts.
Analyst retreads bank in vogue?
Sell-side equity research analysts are jumping to the buy-side. Backfilling the roles has been difficult, and recruiters told Financial News that banks will need to hire “creatively,” including adding people from outside of investment banking as well as former analysts who left the industry.
Aussie banks’ hiring plans
While Australian banks aren’t hiring much in the front office, there are still plenty of roles to be had. Relationship managers as well as risk and clearing pros are in demand.
Euro startup blowing up
Algomi, an information provider set up by ex-UBS bankers, is growing its team. The firm builds systems that help optimize fixed-income liquidity.
French investment manager growing in London
Tikehau Group, a debt-focused investment fund founded by former Deutsche Bank and Goldman Sachs bankers, just hired a new manager to help lead the expansion of its pan-European credit business.
DB building compliance team
Deutsche Bank is set to hire as many as 500 new compliance staffers this year, including 150 supervisors.
Flow is going both ways
Yes, hedge funds are poaching from investment banks. But investment banks are doing some buy-side poaching themselvesir.
Wealth management hiring not slowing
With a recent addition, RBC has hired 39 U.S. financial advisors this year. Wells Fargo just added another seven combined this last week.