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Tag: Goldman Sachs

Goldman Sachs loses seven Asia prime brokers

By Agencies Job Market Trend Report Goldman Sachs , staff , prime broker , AsiaHedge , hedge-fund
Goldman Sachs, the largest prime broker in Asia, lost seven of its employees on the regional team. ...

Heads shaking over cap

By Raymond Ma HR Focus Senior , European Union , Special Report , Bonuses , Bonus Cap
The recent implementation of a cap on bonuses paid out to bankers based in the European Union (EU) is expected to reshape - from a talent perspective - the banking sector in Asia, writes Raymond Ma. ...

Employers make sure frazzled staff get a break

By Agencies Featured stories and job trends Volkswagen , E-mail , Goldman Sachs , BMW , iPhone
Volkswagen turns off some of its employees' e-mail accounts 30 minutes after their shifts end. Goldman Sachs is urging junior staff to take weekends off. BMW is planning new rules that will keep workers from being contacted after hours. ...

Wall Street in for bigger job cuts: analyst

By Agencies Job Market Trend Report Wall Street , Elite Finance , Banking and Finance , banking jobs , Citigroup
Banking analyst Meredith Whitney says she doesn’t see opportunities for banks to improve return on equity through increased revenue alone, making cost-cutting inevitable, including more job cuts – probably to the tune of 50,000 positions to bring headcounts in line with revenue ...

Lazard hires Edwards from Goldman Sachs

By Agencies Latest Moves Goldman Sachs , Elite Finance , Banking and Finance , Lazard , Merger Advisory
Lachlan Edwards, Goldman Sachs’ head of Asia-Pacific restructuring, joins independent merger-advisory firm Lazard in Sydney in October to head its Australian capital structure advisory business. ...

Two moves at Deutsche Bank and BoA in Asia

By Agencies Latest Moves Deutsche Bank , Goldman Sachs , Bank of America Merrill Lynch , Banking and Finance , Elite Finance
Deutsche Bank in Singapore hires Boon Kee Tan of Goldman Sachs to cover Southeast Asia clients, while Bank of America Merrill Lynch takes Winston Cheng – also from Goldman Sachs – as Asia ex-Japan head of its technology, media and telecoms banking group ...

Six UBS Japan bankers leave, as 7 join equities

By Agencies Latest Moves UBS , Investment Banking , Elite Finance , Banking and Finance , Japan
UBS joins other big banks in bolstering its equities army in Japan – currently the world’s best-performing major stock market – with seven hires, although investment banking unit sheds four managing directors and two executive directors ...

Charge buoys bonus blues

By Bloomberg Job Market Trend Report Special Report , Stock Market , Wells Fargo , JP Morgan , Goldman Sachs
Impressive second-quarter Wall Street revenue a boost to bankers and traders accustomed to annual profit plunge. ...

Credit Suisse debt traders join Goldman Sachs

By Agencies Latest Moves Goldman Sachs , Credit Suisse , Underwriter , JPMorgan Chase , UBS
Corporate-debt trader Thomas Malafronte joins Credit Suisse colleague Deets Sankaranarayan at Goldman Sachs to help boost business in underwriting dollar-denominated, investment-grade bonds ...

Bank of America names co-head of global TMT

By Agencies Latest Moves Telecommunications , Investment Banking , Goldman Sachs , News Corp , Bank of America
Anwar Zakkour, formerly with JPMorgan Chase, will co-head global telecommunications, media and technology investment banking at Bank of America ...
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