In the latest hiring news round-up, Bank of America eyes growth in Europe, an investment firm opens a New York office and UBS goes on a wealth management hiring binge in Asia.
Investment firm opens NYC office
Investment firm FORT Management is opening up a new office in New York. It has already hired two new MDs to run the branch, but is likely still staffing up.
BofA eyes European expansion
Bank of America is adding to its corporate and investment-banking units in Europe. The bank just poached two execs from JPMorgan in Sweden and Germany.
New bond strategies team
BlackRock is building a new strategies team for its active bond unit. The money manager just hired Barclays’ Barry Knapp to run the unit.
U.K. hedge fund adding tech analysts
Odey Asset Management is adding researchers to cover the tech sector. The U.K. hedge fund just nabbed two analysts from Goldman and another from Bank of America Merrill Lynch.
UBS on wealth management hiring binge
UBS hired 88 new financial advisors in Hong Kong alone last year and sees no signs of stopping. Swiss banks have been investing in their Asian wealth businesses following the crackdown on tax evasion in the U.S.
Activist funds to see investment boon
Activist hedge funds may see a surge in hiring if new research pans out. A whopping 70% of institutional investors said they’re prepared to invest in activist funds this year.
Pinto shuffling the deck
Daniel E. Pinto, the new sole chief executive of JPMorgan’s corporate and investment bank, is overhauling the unit’s leadership ranks. He may not end up adding net headcount, but expect more people shuffling to occur.
In-house M&A team growing
Investment firm Temasek has reportedly doubled the size of its in-house M&A team since 2011, including the recent hire of a former Morgan Stanley banker.
Dallas firm hiring in PE
Dallas-based investment firm Highlander Partners hired three new members to its private equity team as the firm just topped $1 billion in assets under management.
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