Small investment banks are hiring; Oriel Securities eyeing major growth
In the latest hiring new roundup, ScoGen is quietly hiring in fixed income, Bank of America is adding small business bankers and BNP plans an Asian push.
It’s the size of the fight in the dog
Here’s a list of five smaller investment banks that are showing an inclination to hire.
BofA hiring small bankers
Bank of America plans to hire as many as 150 small business bankers in California over the next year.
Just call
U.S. based Stifel Financial, fresh off its acquisition of U.K. stockbroker Oriel Securities, is looking to add headcount."I won't put a percentage on growth but people can call me if they want a job," said Stifel Chief Executive Ron Kruszewski.
London hedge fund hiring
Highbridge Capital Management is on a hiring spree, having doubled the size of its London hedge fund unit this year. The firm hired four portfolio managers in the last few weeks alone.
Quiet hiring in Hong Kong
Some less well-known Asian banks are hiring in Hong Kong. United Overseas Bank (UOB) just opened up a new office there, and Maybank and Bank Mandiri are also said to be scouting recruits.
SocGen not leaving fixed income
With other large banks pulling out of fixed income, SocGen is methodically growing its team. Equity derivatives has always been their strength.
BNP in the thick of Asian expansion
BNP Paribas plans to hire as many as 1,300 bankers over three years in its Asian investment solutions and corporate investment banking divisions.
Middle East focus for Natixis
French investment bank Natixis plans to increase its staffing totals in the Middle East by roughly 50% in the coming year. Natixis has offices in Dubai and Egypt.
BofA’s e-trading hires
Bank of America is actively hiring within its Asian electronic trading unit. J.P. Morgan is doing the same.
London compliance officers needed
Axa Investment Managers and Henderson Global Investors are putting together a compliance team to as they build their new London real estate venture.