Banks add staff to cut costs In an attempt to improve cost – income ratios within the financial services sector, the buzz – word “simplification” is on everyone’s lips. Few firms (except for maybe Goldman Sachs) still claim to be ‘all things to all men,’ selling any financial product that a client could possibly desire….

Efficient and effective utilization of resources are key objectives of UK banks. Financial institutions adopt a view that remaining efficient is important when trying to remain competitive, a number of statistical studies show that the most efficient banks have substantial cost and competitive advantages over those with average or below average efficiency. Banks obsess over…

It has been more than six years since the collapse of Lehman Brothers, which brought the financial system to its knees and forced the big banks in the US and Europe to turn to their governments for help. Management has been focused on ‘fixing the bank’ and on meeting regulatory demands, such as rebuilding capital…

By Nicola Meaden Grenham, PhD, Senior Adviser, Armstrong International Investment competition in the private markets continues to advance at a speedy pace. It is particularly strong in Europe as an increasing number of mid-sized North American pension funds enter a market that has been, hitherto, the domain of the large institutional investors and the sovereign…

An explanation of centralisation in London’s financial market and its projected effects on entrepreneurship. The desire to increase revenue will need progressive innovation, but how will today’s companies achieve this, and how might an effective and forward thinking Search Firm be able to help… Banks, brokers and insurers; as well as the broader financial services…

Links: Opalesque: North American institutions eye European infrastructure investments Reuters: Investors up allocations to riskier European assets-surveys Institutional Asset Manager: North American institutional investors eyeing European property and infrastructure investments Financial Times: US investors seek riskier EU infrastructure deals

At a time of heightened corporate transparency, greater workforce mobility, and severe skill shortages; culture, engagement, and retention have emerged as top issues for leaders of the financial sector; defining this as not just an HR issue anymore. Quality hires not only impact your bottom line (retention rates, higher performance), they create the ‘flavour’ of…

Many graduates considering their future career have traditionally been attracted to the “work hard, retire early” image that banking appeared to represent. Pore over spreadsheets late into the night, work 16-hour days and, if you believe in outdated and inaccurate stereotypes, drive off into the sunset to retire at 40. The problem is that banking…

As Tidjane Thiam departs from Prudential Insurance to head Credit Suisse, it’s worth taking a closer look at whether Wall Street compensation actually benefit shareholders. Bankers’ compensation have always been the subject of envious scrutiny. Search the Dictionary of Quotations for something positive on the value of bankers and you’ll probably search forever. This scrutiny…

STAY CONNECTED WITH US: