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Wall Street hiring spree puts junior bankers in driving seat

New York: Twenty-somethings dreaming of Excel all-nighters are facing their best prospects in years. HSBC Holdings Plc this week became the latest global investment bank pledging to hire a flock of junior bankers to help analysts and associates avoid burnout amid an avalanche of deals. JPMorgan Chase & Co. said last week it plans to add almost 200 staff, joining Goldman Sachs Group Inc. and Jefferies Financial Group Inc. in bolstering their ranks. Dealmakers have tried handing out raises, paying for vacations and enforcing curfews to try to prevent defections or even revolts as active markets and the work-from-home grind weighed on the bottom of their corporate pyramids. Now, many firms are coming to the conclusion that, with no let-up on deals, the best fix is more bodies.

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DAILY DOSE: April 9, 2021

DAILY DOSE: April 9, 2021 Posted on 04/09/2021 1. Boeing announces a new problem with its 737 Max jet. Boeing informed 16 airlines to halt flights to check on an electrical issue. The repairs could take a matter of hours or a few days, according to a notification to operators seen by Reuters. 2. Located in Syracuse, Destiny USA is the largest shopping center in New York. The owner of the mall is Pyramid Management Group and is seeking a possible restructuring of the struggling property’s municipal and mortgage-backed debt obligations. Pyramid Management Group hired financial adviser Houlihan Lokey Inc. and law firm Orrick Herrington & Sutcliffe LLP to explore options. Destiny USA has debts of approximately US$ 286 million in municipal bond debt and about US$ 430 million in commercial mortgage-backed securities.

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Broadridge Extends Capital Markets Franchise with Acquisition of Itiviti

Broadridge Extends Capital Markets Franchise with Acquisition of Itiviti
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Broadridge Extends Capital Markets Franchise with Acquisition of Itiviti

Broadridge Extends Capital Markets Franchise with Acquisition of Itiviti
apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.