The Weekly Minute May 08 2012

Hiring in Africa and Private Equity, Good Times for FAs

By Julie Steinberg

Tip: Turning Toward Africa

U.K. banking giant Standard Chartered will open 50 branches in sub-Saharan Africa in 2012, up from the 30 branches it had originally planned. That means it will need to hire more staff to man the branches. Standard Chartered will also hire corporate bankers to focus on business banking and increase resources for its Asian business lines. When you're a bank focused on emerging markets, you can hire when your Western competition can't.

Tools to get the job:

The Perfect Retail Banking Resume

How to Get a Job at SC

The Best-Kept Job-Interview Secret

Tip: Private Equity Strikes Back

Private-equity firms are getting ready to hire as the industry prepares for more deal closings in the first half of 2012. More than one third of respondents said they will increase their staff, while half said they're keeping levels steady. Half of respondents who plan to hire will bring on financial and operational staff, while a quarter plan to hire compliance staff.

Tools to get the job:

The Perfect Private Equity Resume

How to Get a Job in Compliance

Private Equity Hiring for Compliance

Tip: Flush Times for Financial Advisers

Buoyed by 2011 revenue results, Milwaukee firm Robert W. Baird & Co. is planning to keep hiring financial advisers as part of an expansion plan. The firm has nearly 700 now and has hired more than 250 since 2009. It's not clear exactly how many the firm wants to bring on, but the vice chairman of the wealth-management unit is committed to hiring "all the good quality [financial advisers] possible."

Tools to get the job:

The Perfect Financial Adviser Resume

So You Want to Be a Financial Adviser

Seven Ways to Keep Your Resume Out of the Trash

Write to Julie Steinberg at Julie.Steinberg@dowjones.com




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