Attracting and retaining the brightest talent available has become the new battleground for investment banks as new compliance obligations and technology developments create warring factions desperate to secure the best personnel possible. Hayley McDowell tells the story behind this method of attack and finds out that a talent shortage could be just on the horizon for major players.
Tag: Bank of America Merrill Lynch
Bank of America Merrill Lynch has lost several senior sales and trading staff to Citi over the past year.
Bank of America Merrill Lynch admits masking millions of orders and will pay $42 million for the second time this year.
BAML made agreements with HFT firms including Citadel Securities and Two Sigma to secretly route client orders.
UBS holds top spot in electronic and algorithmic European equity trading share this year.
Liquidnet appoints new head of execution consulting amid expansion of its EQS team.