Sometimes a relationship can last a lifetime. But just because two people might seem perfect for each other does not mean their marriage will last a lifetime. All too often, it ends in divorce. That could be the case for our nation’s biggest banks, and that is exactly what Sanford I. Weill, the former Chairman and CEO of Citigroup, wants […]
If you want to know where the job market is headed, Benchmark’s Michael Eisenberg recommends that you pay attention to the trend surrounding micro businesses or sub-SMEs, “where we have a lot of talented people that have gotten laid off or have left their jobs in corporate America that are starting businesses on their own.” “This is creating incredible opportunities […]
Stark & Roth LLC has announced that it will reduce its workforce in a “series of staff reductions.” According to The Business Journal, the St. Francis, Wisconsin-based hedge fund will begin by eliminating 28 employees this week. The company will also close three of its hedge funds — Shepherd Investments International, Shepherd Guardian and Stark Investments — as a result […]
Will the debate surrounding the importance of cover letters ever come to an end? Earlier this month, former recruiter Anne-Marie Baiynd told StreetID that recruiters don’t read cover letters. “The managers don’t read them either because it’s all fluff,” she said. But Kunal Desai, who is also a former recruiter (as well as the CEO of Bulls on Wall Street), […]
Job seekers can send out a million resumes, but there is a much better way to get a job: by networking with as many people as possible within a particular field. But whatever you do, don’t confuse networking for a LinkedIn connection. “Networking is huge,” Kunal Desai, a former recruiter and the CEO of Bulls on Wall Street, told StreetID. […]
As Wall Street firms continue to consolidate, many financial professionals are losing their jobs. Others are having a difficult time finding work. Very few have been able to walk away from the financial crisis completely unscathed. “What happens when a big company buys a smaller one is that they find out that they’ve got functions that are duplicating each other,” […]
According to the Houston Chronicle, Texas has reported its 22nd month of job growth. In May alone, the state added more than 12,000 nonfarm jobs. That growth is helping a lot of industries — including finance. “[Texas is] one of the spots that will probably still be growing for a long time,” Kunal Desai, a former recruiter and the CEO […]
There is no “I” in “team.” There shouldn’t be an “I” in your resume either. That’s the advice of Anne-Marie Baiynd, President and CEO of TheTradingBook.com and the former CEO of a recruiting firm. “Resumes that are focused in ‘I’ space are a really big turnoff to managers,” Baiynd told StreetID. “Managers who are serious about building good teams for […]
We have all heard the horror stories regarding the crazy stuff that people publish online — especially in social media — and how it can hurt their job prospects. From images of senseless and/or illegal acts to foul tweets and vulgar status updates, social media is a dangerous place to blow off steam. That said, not every employer is on […]
“We’re definitely in hiring mode,” says Motif Investing co-founder and CEO Hardeep Walia. “If you know any talent, send it our way.” The company, which aims to make it easy to invest in trends and big ideas, is looking to fill a wide variety of positions ranging from accountants and engineers to marketers and research analysts. More specifically, Motif Investing […]
