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.