JPMorgan's Bear Stearns Private Client has been recruiting financial advisers with an eye to more than doubling its brokerage work force. The unit added 70 so far this year, including top wire-house producers. It has plans to grow to 1,000 brokers from its current level of 380.
Next year it plans to set up shop in the Houston area, the mid-Atlantic region and Florida, adding to its offices in New York, Boston, Chicago and other cities.
Usually when a merger takes place, dozens of employees can expect to find pink slips in their inbox. But the Wells Fargo-Wachovia takeover is resulting in a far happier outcome for finance job seekers in Atlanta. The Southern metropolis is quickly becoming a hotbed of a retail banking job growth.
Related: Wells Fargo | Retail Banking
Financial analysts and staff and senior accountants will be in high demand in the fourth quarter, according to a recent Q4 employment report from Robert Half, a staffing firm that specializes in finance and accounting among other professional disciplines.
American, Indian and East Asian job seekers rejoice! RBS is hiring in those regions. But don't rejoice too hard -- it wouldn't be polite: The embattled British bank is shedding 3,500 workers in the U.K.
Related: RBS
The economic downturn has taken a lot of opportunities away from insurance executives, but it's also providing some new ones. Among the more unusual examples: New jobs in Vermont, working for a captive.
Related: Insurance