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Foreign bank eyes London expansion; BNP making U.S. wealth management push

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In the latest hiring roundup, a Chinese bank sets its focus on London, Moelis plans a new business unit and two firms are desperate for U.S. wealth managers.

Openings creating openings

Altium Capital is setting up a debt advisory team in London. It has already poached two directors from investment bank DC Advisory, which is said to be looking for replacements but at a lower level.

LPL to add 3,000 jobs

Independent broker dealer LPL Financial is building a new regional headquarters in South Carolina and will look to add as many as 3,000 new jobs over the next decade.

BNP needs U.S. advisors

BNP Paribas’s private bank plans to hire as many as 100 new wealth managers in the U.S. over the next three years.

Chinese bank eyes London expansion

China Merchant Securities is opening a new office in London as it builds its investment banking business. Expect around 40 new hires to start, plus another wave after the initial buildup.

Hot fintech startups

These fintech startups may not all be hiring right now, but they’re certainly worth keeping their eye on. They’re the hottest in London.

Moelis creating new business unit

Boutique advisory firm Moelis has poached an entire team of bankers from rival Greenhill as it builds up its new Private Funds Advisory Business.

West Coast broker dealer pushing east

Los Angeles-based investment bank B. Riley is expanding its Northeast operations. The firm has hired three traders, two salespeople and an analyst for its New York office.

Axa’s Americas push

Axa Investment Managers has two new expansion targets: Latin America and Canada. The fund manager has made the Americas a focus in recent years.

Second tier banks hiring in Asia

Natixis and ING are expanding in competitive sectors of Asian banking, and they’re needing to pay a premium to do so.

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