Word: streets
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When it comes to employees, Wall Street is saying, "Buy, Buy, Buy," again...
...After nearly two years of layoffs, investment banks and brokerages are adding to their ranks. Recruiters say this is the busiest hiring season in two years, and not just of top employees. A recent survey from financial training company 7city Learning found that 75% of all Wall Street firms planned to add more recent graduates to their ranks in the next few months than they did a year...
...last year there was a lot of hiring talk but firms were still reluctant," says top Wall Street recruiter Gary Goldstein of Whitney Group. "Now there is activity. Employers seem much more secure that the market is in recovery." (See the top 10 magazine covers...
...Jefferies has hired nearly 50 bankers in its healthcare industry practice in the past few months. Goldman Sachs, too, says it expects to hire 60% more recent graduates this year than it did a year ago. Even Citigroup, which a year ago looked like it was headed for Wall Street's dustbin, is on a hiring binge. The bank is reportedly looking to a add workers in trading and hedge fund services...
...presidential travel on Thursday, warning that if the news leaked out before the president arrived in Kabul, the trip would be canceled. Following the regular pool rotation, Gibbs invited 14 journalists to travel on Air Force One, including a television crew from ABC News and reporters from the Wall Street Journal, TIME, National Public Radio and the three major wire services, Bloomberg, Reuters and the Associated Press...