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More Job Loss & Hiring News

Reuters reports that, according to its sources, UK fund manager Gartmore has told 35 support staff (or just over 10% of the workforce) that they are likely to lose their jobs.

More Hiring & Firing News

Bloomberg reports that Minneapolis-based investment bank Piper Jaffray is to cut around 40 of the 70 staff it currently employs in London, as its business model 'was impacted by the lack of capital raisings by...small and mid-cap clients'.

Top Firm In Big Hiring Push

Bloomberg reports that Citigroup has hired 15 research, sales and trading staff for Russia, South Africa and the Middle East, as it bids to make up ground in the geographies.