Results are in: Lazard beat BofA in the race to replace their CEO. After the death of Bruce Wasserstein last month, some speculated that interim CEO Steven Golub would take over. But it's Kenneth Jacobs who will pick up the reins.
Jacobs, 51, was head of the bank's North American businesses. Golub will continue as vice chairman of Lazard and chairman of the financial advisory group.
Santander U.K. is on its way to become a full-service commercial bank -- and is planning hires as part of its expansion. The bank, a unit of Spain's Banco Santander SA, is hunting for 600 workers for bank branches in the U.K.
The U.K. financial regulator is making full use of its newly increased authority to cap bonuses and shut down alternative methods of paying out bonuses such as "non-recourse" loans.
Hedge fund startups in the Asian city-state are set to be increasing at a rapid pace after the Monetary Authority of Singapore approved a set of rules that said that small funds can keep operating without a license.
Related: European Hedge Funds Flustered by New Rules
At a time when personal branding is more crucial than ever in getting noticed during a job search, there are few better ways to promote yourself than to tap into a site designed for just that. But beware of the possible pitfalls: Putting too much of yourself out there and compromising your professional reputation.
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