eFinancialCareers

Under Australia’s Anti-Money Laundering (AML) and Counter Terrorism Financing legislation, introduced in 2006, all companies have identification and reporting obligations regarding the transfer of any monies – securities, bullion, FX, insurance, superannuation, gambling, fund and bank account transfers. If money laundering’s your thing, it’s good news – jobs are on the up. Steve Ingram, partner, forensics investigations at PricewaterhouseCoopers, and ex Federal Police and general fraud buster, says there has been... Read more

Investment banks are coming up with innovative ways to keep some staff on their payrolls, even while they let go of others in the wake of the credit crunch. This inventiveness mostly takes the form of long-term stock grants, or measures that let banks defer cash expenses in hopes that revenue growth will pick up later on. They may not be popular but, with most banks facing a more... Read more

You’d think UBS would be finding it hard to hang on to people: a first-quarter loss of US$12bn, writedowns of US$19bn and job cuts in Europe – including the chairman himself, Marcel Ospel. The strange thing is, no one seems to want to get out of there. Recruiters, whose inboxes are usually crammed with CVs when institutions show signs of cracking, say the only thing to come out of UBS so... Read more