While the major financial institutions (HSBC, Bank of America, Goldman Sachs, Morgan Stanley, Citigroup, UBS, Credit Suisse, JPMorgan, Deutsche Bank, Royal Bank of Scotland, and Nomura) have already cut tens of thousands of jobs this year, all is not dim on Wall Street. Some of the smaller investment companies are taking advantage of the abundance of talented job seekers in the financial world.
In a fins.com interview, Cantor Fitzgerald Chief Executive Shawn Matthews discusses what the firm is seeking in applicants for the 200+ positions they plan to fill in 2012.
Marsh & McLennan Companies has been hiring through the economic downturn. Los Angeles-based Houlihan Lokey is hiring, too. PNC Financial Services Group is also planning on hiring more than 250 new employees in North Carolina alone.