UK Market Intel - October Edition

by Simon Mortlock, eFinancialCareers

Welcome to the latest edition of our UK Market Intel, brought to you by Simon Mortlock. Below you can watch Simon's October market commentary and read the latest recruitment news.

Watch Simon's latest market commentary

Banking News

  • London banks embark on hiring spree as City tilts toward post-Brexit future - City AM
  • Deutsche Bank London bankers fear bonuses will go to New York - eFinancialCareers
  • Exchange boss says post-Brexit London hasn’t lost its finance crown — yet - Today UK News
  • City pay packets bulge as firms hike wages to lure talent - City AM
  • London's finance district, steeped in slavery, confronts its past - Reuters
  • Aegon commits to group-wide net-zero emissions objective by 2050 - Globe Newswire
  • UK jobs hit record high as Bank of England weighs up rate hike - Reuters
  • IMF warns supply disruptions and inflation threaten recovery; UK vacancies and payrolls at record– as it happened - The Guardian
  • London Finance Job Postings Set Fresh Record in Third Quarter - Bloomberg
  • UK starting pay jumps by most on record as staff shortages bite - survey - Reuters
  • JPMorgan launches UK apprenticeship to target Black non-finance workers - Financial News
  • Deutsche UK’s dealmaking chief goes ‘old school’ to build out underweight team - Financial News
  • Axel Springer looks to list online jobs business StepStone - Financial Times 

Buyside News

  • Credit Suisse Close to Naming De Ferrari Head of Wealth Unit - Swissinfo
  • Credit Suisse Unit Poaches Ex-UBS Strategist - Finews
  • Merrill Is Fighting to Retain Talent and Clients After Record-Setting Quarter - Bloomberg
  • The ten trillion dollar man: how Larry Fink became king of Wall St - Financial Times
  • Trillium poaches staff from Ruffer and Abrdn - Portfolio Adviser
  • Private equity salaries swell by 52 per cent to £152k as war for talent with banks intensifies - City AM
  • The Little Things Can Equal Big Money For Asset Managers - Fin News
  • Fidelity CEO Abby Johnson Emphasizes Technology Investment - Traders Magazine
  • Jupiter CIO to step down after two decades at the firm - Portfolio Adviser
  • Brewin Dolphin continues UHNW adviser hiring spree - Citywire
  • Kleinwort Hambros continues regional expansion with three senior hires - Citywire
  • Asset Managers Are Losing Out on Talent. Executives Think Culture Is to Blame. - Institutional Investor
  • Morning Coffee: The $500k job that banks can’t find people to do. Evercore and Moelis don’t want to call it “juniorisation” - eFinancialCareers
  • BNY Mellon makes LOIM hire for head of responsible strategy role - Citywire
  • DFMs still woefully behind fund groups on closing gender pay gaps - Portfolio Adviser
  • Sarah Soar: ‘I’m very keen that Hawksmoor is not just another City firm’ - Portfolio Adviser
  • The Missing Senior Women in Asset Management - Institutional Investor

Tech News

  • Banks have added 1,000 crypto jobs since 2018 and are reportedly offering 50% bump in pay to woo talent as digital assets boom - Business Insider
  • United Kingdom Prepares For The Imminent Launch Of Fintech Company Lanistar - The Good Men Project
  • Morgan Stanley brings diverse fintech innovation to London - Computer Weekly
  • Women in Fintech: Advice from Raiffeisen Bank, Railsbank, TransUnion, Mettle, 3Pillar Global & Zafin - The Fintech Times
  • FT Tech Champions: innovate to thrive - The Financial Times
  • New recruitment practices that are changing the Fintech start-up landscape - People Matters
  • UK tech companies hiring at record levels post-pandemic - HR News
  • Neurodiversity in technology: Are businesses missing out on key talent? - TechCrunch
  • Supply chain-focused insurtech startup BondAval lands $7M from Octopus Ventures - TechCrunch
  • ‘The Great Resignation’: almost one in four UK workers planning job change - The Guardian
  • UK Green Technology: Qatar Plans to Invest - Bloomberg
  • We need to change the status quo if we are going to get young people into careers in tech - FE News
  • Pandemic increases need to hire tech workers - Computer Weekly

HR/ Diversity/ Recruitment News

  • Hiring bonanza: Nearly nine in ten London employers plan to recruit new staff in next 12 months - City AM
  • Want To Be A Billionaire? These Are The Most Popular Majors Of The Richest Americans - Forbes
  • A Hidden Recruitment And Retention Tool—Think ESG Investing - Forbes
  • Why We Believe Sustainability Is Everyone's Responsibility - Institutional Investor
  • If you're a black woman, I can get you tons of banking job offers - eFinancialCareers
  • How to recruit and retain neurodivergent talent - The HR Director
  • To Increase Diversity In Tech, Root Out Unconscious Bias During The Hiring Process - Forbes
  • 6 Ways to Fix Your Recruitment Problem - Wired
  • RSA: The destiny of difference & diversity - Sustainability
  • Inclusive Team: How to Attract Diverse Talents to Your Team - Onrec
  • How Companies Can Support The Professional Growth Of Women (Beyond Implementing Hiring Quotas) - Forbes
  • How To Maintain A Diverse Workplace After The Hiring Process: Part 2 - Forbes
  • Diversity and inclusion initiatives generating apathy and cynicism - London School of Economics

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