UK
Lunchtime Links: Now SocGen wants even more M&A bankers
13 July 2009
As we noted last week, SocGen doesn’t appear to have hired any of the 15-20 M&A bankers it purported to fancy back in May. And now it wants even more.
According to Reuters, the French bank is now looking to hire anything from 30-40 M&A bankers, particularly in Italy, Spain, Germany and the UK. Financial News says the bank is also looking to build in fixed income flow trading. Quite how it will achieve this without paying guaranteed bonuses remains to be seen.
Financial services jobs down 80% y-o-y in Q208, but it’s getting better. (Recruiter)
Goldman Sachs could make people angry. (Reuters)
$2bn more reasons to hate Goldman Sachs. (Clusterstock)
BofA bags a Goldman partner. (Wall Street Journal)
Citigroup’s co-head of European M&A is off to Morgan Stanley. (Wall Street Journal)
Good Citi vs bad Citi. (Floyd Norris)
$21bn (€15bn) in annual profits for algo traders. (Financial News)
When will the recovery begin? Never. (Robert Reich)
After 4 weeks of stress therapy, 46 year old investment banker quits job, does accounts for small company in Yorkshire. (Guardian)
