Do you have a new job lined up for 2016? No? You’re late. 43 days before the end of the year, and banks are already sorting out who’ll join them in early January.
UBS, for example, has reportedly recruited four technology investment bankers. Paul Crisci, Jason Auerbach, Jasson Cohen and Chris Montgomery, will all join the Swiss bank’s San Francisco office from Jefferies sometime in the first quarter. They have, we suppose, been very well compensated for the bonuses they’re leaving behind.
Despite the lateness of the year, Nomura has also been doing some hiring. The New York Times says the Japanese bank has space to increase headcount in its midtown Manhattan office by a further 50%. For starters, it’s already hired six senior bankers across equity capital markets, leveraged finance, and industrials M&A. Admittedly, most of them are already in situ, but the most senior – Mark Connelly, Nomura’s new head of ECM for the Americas – won’t turn up until the end of November, which will coincide with the post-Thanksgiving wind-down and the pre-Christmas jollification, suggesting he might as well have joined in January anyway.
Separately, the Evening Standard was granted an interview with some of the new MDs at Goldman Sachs in London. We learn that they are, ‘ultra-polished’ and that there are, ‘certainly no signs that they’ve spent the previous evening on the Bolly to toast their success. Hair is blow-dried; bodies gym-honed. Nobody touches the biscuits.” They’re also cosmopolitan (only two of the six are Britons), mothers, and occasionally married to fellow finance professionals. “It’s possible for both partners to have high-intensity jobs,” says Latifa Tefridj-Gaillard, head of sales in Goldman’s UK pension strategic group. “- You just have to be very organised.”
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