Recruiting
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The lender’s minimum wage will rise to C$20 per hour in Canada and $20 in the U.S. in July, and the bank is committing to raise those figures to C$25 and $25 by the end of 2025, according to a statement from CEO Victor Dodig on Thursday.
June 9 -
Bank of Montreal hired Piyush Agrawal from Citigroup as chief risk officer to succeed Patrick Cronin, who’s stepping down later this year.
June 8 -
Canada’s banks expanded their workforces last quarter at the fastest pace in almost four years, braving a historically tight labor market to bolster their sales staffs and technology operations.
June 7 -
Staff at major banks and some of the world’s biggest technology giants are increasingly leaving for fintech startups, new analysis shows.
June 6 -
Citigroup plans to hire more than 4,000 tech staff to help move its institutional clients online in the wake of the pandemic.
June 6 -
Goldman Sachs Group will allow senior staff to take an unlimited number of vacation days, the latest move by a Wall Street bank to retain talent in a heated job market.
May 16 -
The wealth programs in the channel are going through a significant shift amid major recruiting moves and consolidation, according to a consultant’s report.
May 2 -
Cryptocurrency firms, armed with cash and in need of regulatory experience, are poaching U.K. cybercrime cops with offers of double or triple pay.
April 29 -
The new hires joined Veritex from Bank of Houston, which has also been aggressively recruiting bankers.
April 28 - AB - Technology
The bank is also partnering with a university-affiliated startup incubator in its effort to hire 200 people with tech skills in the southern part of the state.
April 25 -
Moves by financial heavyweights — and one banker’s profile reinvention — underscore how far Wall Street firms have come in accepting cryptocurrencies.
April 25 -
JPMorgan Chase unveiled plans for its new global headquarters — a 60-story skyscraper in midtown Manhattan that, according to the bank, demonstrates its commitment to New York City’s revival.
April 14 -
Walmart named PayPal Chief Financial Officer John Rainey as its new finance chief, turning to a company outsider as it seeks to build a financial technology venture and a membership program.
April 13 -
Credit Suisse Group is looking for a new chief executive officer to run its U.S. holding company as the Swiss bank seeks to build out its business in the country following a series of setbacks.
April 13 -
Martin Grant, who serve as the Federal Reserve Bank of New York's chief compliance and ethics officer for more than 15 years, has joined JST Capital, a financial services firm for digital assets.
April 5 -
Barclays is raising wages for U.S. workers by at least 21% to $20.50 an hour from $17, joining the ranks of lenders boosting compensation for their lowest-paid staff.
March 31 -
M&T Bank, Citizens Financial Group and KeyCorp are teaching staffers new skills and pitching themselves as innovative and fun places to work.
March 25 -
Canadian Imperial Bank of Commerce is managing a shortage of tech workers by training its developers in high-demand technologies including blockchain and Microsoft Azure, betting that such growth opportunities will help the lender retain current workers and attract outside talent.
March 24 -
UBS Group will let some of its U.S. employees work remotely full time, offering flexibility to staff as it seeks to lure and retain talent.
March 23 -
JPMorgan Chase said it will remove a ban on hiring unvaccinated individuals starting next month, a sign that the nation’s largest bank is putting the pandemic behind it.
March 14





















