Author Archives: Debra Larsen
Hedge Funds Pick-up Sell-side Talent
As witnessed by Jeff Feig’s movement to Fortress Investments, there is a notable trend of sell side professionals finding new roles and new opportunities on the buy side. According to industry reports, hedge fund and fund-of-funds AUM grew from $2.6 trillion in 2013 to approximately $3 trillion in 2014. This type of growth creates demand […]
Not all job losses are created equally
Bloomberg reports the job loss figures for 2011-2012 will now surpass the number of jobs lost in 2008 through 2009. What can job seekers expect in 2011 and beyond? To set the tone, I quote Citigroup’s Vikram Pandit, CEO of Citigroup on his outlook “Financial services face an extremely challenging operating environment with an unprecedented combination […]
Stealth Reductions in Force
”A Stealth reduction in Force” is how one professional put it. We are hearing of light job cuts across the industry in Fixed Income( in US). Strategic hires made in 2009 and 2010 have come under pressure as trading volumes have dropped and client interest has been quieter than normal . The moves tend to be selective and […]
Managing Expectations in a Tough Year
Managing Expectations in a tough year. As we round the corner on the 2010 Wall Street bonus season, we take note of some changing attitudes and expectations. Shrinking bonus pools, uneven disbursement of bonuses and an array of deferred schemes have left Bankers feeling uncertain about their earnings prospects. Many on Wall Street were disappointed and frustrated […]
