Jobs

Impax general counsel and strategy head exit as 30 staff axed

Job cuts have fallen across the business, insiders say

3 min read

The ESG brain drain is happening

Senior sustainability professionals — bogged down by regulation and a lack of support —  are quitting for cushy consultancy gigs

3 min read

Lloyds Banking Group has reviewed its risk function

Lloyds Bank slashes risk management jobs in bid to speed up progress

Lloyds Banking Group to cut risk management roles as it shakes up the unit

2 min read

EY has slashed staff in response to a slowdown in deals

EY deals staff criticise management over job cuts

Some staff in EY’s deals unit are unhappy at the handling of recent job cuts

2 min read

DWS is boosting its graduate intake, despite job cuts across the asset management sector

DWS to triple graduate trainee intake

The asset manager's programme for university leavers will also be widened beyond front office investment roles, to include more departments

2 min read

Job cuts have been rolling out across the City in recent months

Brooks Macdonald and IG Group slash staff

Investment manager and trading firm cut staff to reduce costs

1 min read

Former Morgan Stanley MD bolsters hedge fund's London legal bench

Linklaters partner Pansy Wong joins Millennium as international general counsel

Wong will report to Millennium’s global general counsel Gil Raviv in latest legal hire

1 min read

Recruitment figures show 'prospective employers are now able to offer more reasonable pay packages'

City workers offered less money to swap jobs amid hiring slowdown

Hiring in the Square Mile slows as the number of available jobs plunges 86% quarter-on-quarter

2 min read

Concerns have mounted in recent months that UK firms are struggling to attract and retain top talent, with Brexit often cited as a key factor

UK asset managers fret more over attracting talent than global rivals

The UK is the only market where talent is cited as a top operational challenge for buy-side firms, according to a Linedata survey

The employment market for City jobs comes amid rising inflation and a slump in M&A activity, depressing particular roles in banking and legal services

City jobs slump by almost a third amid spike in candidates seeking finance roles

Those that moved to different jobs saw an 18% change in their salaries, 'the lowest salary increase expectations in almost two years'

EY last week called time on plans to split the firm between audit and consulting, and is now looking to cut costs

EY has ‘no plans’ to cut UK jobs after US firm wields the axe

EY is cutting 3,000 jobs in the US, but UK arm says it will not follow suit

'Do I believe at Standard Chartered we’ve got a concerted plan around job cuts? No.'

StanChart HR boss: We have no plans for major job cuts

Tanuj Kapilashrami said hybrid employees are more productive than their peers who work 100% from home or the office

Jane Fraser said Citigroup is not beyond dragging employees back into the office if they are not performing at home

Davos Day 3: Transport woes, mediocre jobs and crypto parties

Financial News' on-the-ground coverage of the major happenings at the World Economic Forum in Davos

3 min read

BlackRock's profit and revenue suffered double-digit falls over the period, while its share price fell 23% in 2022

Why BlackRock’s job cull could be first of many for fund houses

Analysts predict job cuts announced by the US asset manager are a sign of things to come across the sector

3 min read

'[My] routine is incredibly efficient in Dubai as I live 500 metres from my office'

Hedge fund talent picks Middle East over London and New York, headhunters say

With a continued shift to remote working, the sector will see less top talent choosing the usual epicentres, market insiders say

4 min read