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The FSA is trying to limit compensation to £500k; buyouts will be performance restricted; EU cash bonus requirements have been DROPPED
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The FSA’s much awaited consultation on the revised compensation code is out.
It’s huge (112 pages) and dense (around 400 clauses), but there are a...
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29/07/2010
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GUEST COMMENT: Why are banks still hiring?
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In the past, investment banks were always known for their often too rapid response to changes in market conditions. And that response usually played out in...
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29/07/2010
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Has the scourge of London headhunters been silenced?
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Something appears to have happened to the anonymous individual who’s been mocking London’s financial headhunting/recruiting industry for the past 12 months or more.
The BlunterHeadhunter...
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29/07/2010
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Lunchtime Links: Michael Page says it can still get you multiple job offers
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Michael Page’s chief executive has been talking to the Financial Times, and he’s positively ebullient.
According to Steve Ingham, the war for talent is not...
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29/07/2010
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Actually, there are still front office jobs, it’s just that no one wants to pay guarantees
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It’s the summer, and as we have variously pointed out, there’s not much in the way of hiring in the front office.
This doesn’t mean, however,...
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29/07/2010
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Proof that after you’ve worked in M&A nothing else quite does the trick
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On one hand, working in M&A is clearly a nightmare. One newly signed-up analyst tells us he’s been working ‘insane hours’ until 3-4am every day, including...
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29/07/2010
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more..
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