Hiring Heat Up, CenterView & RTO

Hiring Heat Up, CenterView & RTO

GM & Happy Wrap Up Wednesday – Let us get right into it:

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Recruiting Snapshot-

  • It is estimated that 400 Managing Directors switched jobs this year
  • Santander, UBS, Wells Fargo & Deutsche Bank were the largest beneficiaries
  • Mizuho, Stifel TD Cowen, Moelis, Cantor and Barclays also capitalized
  • This will trickle down to junior recruiting Q3/Q4 and 2024
  • We are seeing an uptick in junior recruiting post Labor Day
  • Job requisitions that were put on hold have opened again

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Headlines

CenterView Partners has hired Richard Hass https://www.themiddlemarket.com/latest-news/centerview-partners-hires-former-council-of-foreign-relations-chief-richard-haass

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Harris Williams has hired Michael Kim

https://www.themiddlemarket.com/latest-news/harris-williams-hires-michael-kim

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Raymond James has hired Kevin Kooman

https://www.themiddlemarket.com/latest-news/raymond-james-hires-kevin-kooman

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Lazard is building out a geopolitical advisory practice

https://www.bloomberg.com/news/articles/2023-09-11/lazard-hires-ex-uk-security-adviser-in-geopolitics-expansion?srnd=deals&embedded-checkout=true

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Citi has hired a new head of Europe

https://www.bloomberg.com/news/articles/2023-09-11/citi-taps-lekkas-frowein-to-run-continental-europe-advisory?srnd=deals&embedded-checkout=true

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HSBC has hired a new head of its China Investment Banking team

https://www.dealstreetasia.com/stories/hsbc-china-investment-banking-head-361816

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Deutsche Bank is launching a private credit business lead by Rahman Meghji https://www.bloomberg.com/news/articles/2023-09-12/deutsche-bank-launches-private-credit-business-for-investors?embedded-checkout=true ?

RTO is a hot top these days. Bloomberg reported that Grindr lost nearly half its staff due to RTO

https://www.bloomberg.com/news/articles/2023-09-07/grindr-loses-nearly-half-its-staff-to-strict-return-to-office-rule?embedded-checkout=true

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