ANALYST VIEWS: HOW IS HAYS COPING WITH THE CHANGES IN THE JOBS MARKET? July 8, 2010 DAVID O’BRIEN | ALTIUM SECURITIES “The downturn in the public sector continues to offset improvements within the private sector. Cash flow remains strong, with the level of nebt debt ahead of our estimates (although our forecast included the recent OFT fine). We have not changed our estimates, target price or ‘hold’ recommendation.” CAROLINE DE LA [...]
ANALYST VIEWS: HOW IS HAYS COPING WITH THE CHANGES IN THE JOBS MARKET? July 8, 2010 DAVID O’BRIEN | ALTIUM SECURITIES “The downturn in the public sector continues to offset improvements within the private sector. Cash flow remains strong, with the level of nebt debt ahead of our estimates (although our forecast included the recent OFT fine). We have not changed our estimates, target price or ‘hold’ recommendation.” CAROLINE DE LA [...]
City bank jobs boost Robert Walters’ fees July 7, 2010 A GROWING demand for professionals in the financial services sector has boosted recruitment giant Robert Walters’ business after the group posted positive second quarter trading results. Robert Walters’ net fee income for the first half of the year rose by 45 per cent to £72.3m, with second quarter income growth up by 59 per cent [...]
Banking jobs hit levels not seen since 2007 May 27, 2010 JOB opportunities in investment banking have returned to a level not seen before the financial collapse. The research, carried out by recruitment consultancy Robert Walters, shows almost all banks are actively recruiting new people and some have in excess of 50 open roles open at any one time. January and February were the busiest months [...]
Slick start-up riding recovery May 27, 2010 FROM the moment that Colin Webster and Robert Thesiger decided to set up their own financial recruitment business specialising in middle and back office functions, they knew they were in a race against the clock. After a torrid period during the recession, both men felt that the recruitment market would begin to turn in the [...]
Europe should have allowed Greece to default May 16, 2010 THE vested interests have won the battle against the taxpayers in the Greek debt crisis. The risks of Greek profligacy are now spread around EU citizens. They will either bear the costs of default directly or, if the Eurozone inflates its way out of the problem, through the imposition of an inflation tax on holders [...]
BEST OF THE BROKERS April 11, 2010 ADIDAS Standard & Poor’s (S&P’s) has maintained a “buy” rating on sports group Adidas because it believes recent retail news flow reflects generally effective leverage of the Easter calendar effect, with March footfall higher than forecast. S&P says it continues to see the June FIFA World Cup supporting the Adidas brand. NANOCO Nanoco has been [...]
Bank recruitment returning April 8, 2010 RECRUITMENT in the banking sector is starting to gather speed according to staffing giants Hays and Robert Walters, after each saw recruitment activity in the UK financial sector pick up during the first quarter. Robert Walters said the group had benefitted from increased hiring activity in the UK, particularly the banking sector, while Hays said [...]
Governance issues could mar Essar IPO April 8, 2010 LONDON scored a coup as Indian industrial giant Essar yesterday said it would list its energy business on the Stock Exchange, though concerns rippled through the market over the extent of the subsidiary’s independence from its powerful parent. Essar said it would float between 20 to 25 per cent of the energy division Essar Energy [...]
More banking roles on offer, says agency March 7, 2010 RECRUITER Michael Page said the UK’s financial institutions were back on the hiring trail after indicating it had been asked to fill twice as many banking roles as compared to a year ago. The London based group said that by the end of 2009 recruitment in the banking sector was showing signs of improvement and [...]