Hiring is Picking Up on Wall Street

by sgrady | November 20, 2009 09:48

Wall Street firms dip toe back in to talent pool

NEW YORK (Reuters) - Wall Street firms have started to hire again and they can cherry-pick talent from their competitors -- who may be worried about their own security -- or from the legions of professionals who found themselves out of work after last year's financial crisis. While employers may be in the driver's seat, top talent, as always, is hard to obtain, executives told the Reuters Global Finance Summit this week.

But investment banks, brokerages and start-up firms are eager to seize on the hiring opportunities left behind by the crisis.

Cantor Fitzgerald, for example, is planning a "hiring binge," Chief Executive Howard Lutnick told the summit. "It would not surprise me if we hire 200 to 400 professionals, and of course all the support..." Keep Reading.

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