The Wealth Management Industry in India has evolved at a very fast pace. This has led to a growing need for a vast talent pool of private bankers if the sector is to capitalize its true market potential. Native teamed up with Money Management India, a research-based media portal, for an in-depth survey of private bankers […]
The unprecedented rise of Fintechs in India has caused an astounding talent shift from the financial services sector. In many ways, it was easier for banks earlier to focus on the core services and regulatory requirements while outsourcing innovation and product development. But today, as financial services firms reimagine their operations and battle intense competition […]
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Native presents its July- Sept Qtr edition of Migrations. A comprehensive compilation of Senior Talent Moves across sectors and corporate functions. The year continues to be buoyant on hiring and we estimate an aggressive second half FY 21. We would love to hear your take on it! Sectors: Consumer – https://lnkd.in/egA4kxHc Consumer Tech – https://lnkd.in/eviAk7Cu Financial Services […]
“HISTORY CREATED! Sensex touches 60k for the first time ever” It’s an exciting juncture for Indian markets with investor interest on an all-time high. All thanks to the reopening of businesses, and a surge in global markets. Plus, a tectonic shift in the global investment landscape with India turning out to be a favoured investment […]
Native observed some interesting talent trends across 12 different industries and key corporate functions for HY 21 through its report Migrations. The steady momentum of hiring will continue through to H2 and we believe this year may see more interesting trends, people moves & statics in the Human Capital arena than the last few years […]
Landing the first job with any of the top law firms of India is a dream come true for any law student. And why not, as working with these law firms means fraternity recognition, good clientele and deals that make headlines. But after a few years of experience, priorities often shift toward coveting a more […]
India, long known for its old economy tech giants, is now a ripe breeding ground for successful startups. Young professionals are quitting esteemed consulting firms and taking up a myriad of managerial roles at the said startups. To give more context to this, India today, boasts the third-largest number of Unicorns in the world. The ultimate unicorn checklist calls for a disruptive product that has […]
It was supposed to be a washout year. With the economy coming to a standstill with a raging pandemic and the resultant lockdown, businesses suffered the most. But hiring in private equity funds across stages paints a different picture — one that is of green shoots and optimism. According to data exclusively put together for […]
MUMBAI: Private equity (PE) funds have turned job providers in a market that has otherwise grown sluggish on account of a protracted economic slowdown. Top funds, which have infused capital into greenfield ventures, are hiring a significant number of mid and senior-level managers to staff these new businesses. PE firms such as Advent International, Blackstone, […]
Overall headcount in India’s mutual fund industry had increased 28 per cent in FY19, thanks to demand for products despite weakening financial markets. Penetrating deeper into smaller cities to expand their business has increased staff strength, said fund managers. But in FY20, their pace of hiring is expected to be slower. ICICI Prudential Mutual Fund […]
Mumbai: In April, when the Blackstone Group pipped rivals to acquire a majority stake in packaging company Essel Propack for $460 million, it was on the back of the rich experience of one of its operating partners, former Unilever chief operating officer Harish Manwani. The fact that the global private equity firm owns four similar […]
KOLKATA | MUMBAI: Several senior professionals in the nonbanking finance space have quit over the past year and hundreds more are on the lookout for openings elsewhere as the sector reels under a liquidity crunch. The departures have halted the trend of banking talent moving to NBFCs, with many top-tier executives, including CXOs, having moved […]
MUMBAI: Vikas Khattar joined domestic investment banking firm Ambit Capital after 20 years with foreign banks like Citi, Merrill Lynch, Morgan Stanley, HSBC and Jefferies. In July, Anjani Kumar moved in as managing director of boutique domestic investment bank O3 Capital after two decades of a global career in multiple geographies with foreign banks like […]
MUMBAI: With the return of a booming primary market, million-dollar investment bank bonuses are expected to be back with a bang. Global and domestic investment banks in India have earned the most fees in the past five years in 2017, making a strong case for big annual payouts, industry experts and headhunters said. Investment banks […]
MUMBAI: On a dusty October day in Allahabad more than 200 sales executives queued up for an interview for the post of regional sales manager at a non-banking financial company. The person who interviewed them was not a company official, but a principal of a private equity fund that had recently invested in the NBFC. […]
MUMBAI: Veteran private equity fund manager Manoj Dengla who helped set up and build Carlyle’s platform in India is leaving the firm after almost 13 years to join Arpwood Partners, a buyout fund floated by ace investment banker Rajeev Gupta. Arpwood has carved a niche for itself in mid-market buyouts and control transactions and is […]
The expanding gamut of the financial services sector is leading to an increase in crorepati human resource professionals, with salaries of chief HR officers catching up with those of chief executive officers in finance and compliance functions. The emergence of new segments like small finance banks and financial technology companies, and the expansion of non-banking […]
MUMBAI: Raghav Gupta left his cushy job as director of private banking at Citi to join ASK Wealth Advisors as a managing partner in August last year. He now advises wealthy clients, some of them twenty-something startup founders who became multimillionaires overnight by selling their companies, on investing their money wisely. For the Mumbai-based boutique […]
MUMBAI: With $336 million of total revenue in 2016, the lowest for investment banks in the last five years, million-dollar annual bonuses have all but vanished. Shrinking business has not only taken a toll on team sizes, but annual payouts as well. Global banks such as Citi, JPMorgan, Goldman Sachs, Bank of America Merrill Lynch […]