JPMorgan Chase & Co., the largest U.S. bank by assets, is weighing whether to ban traders from using electronic chat rooms to communicate with peers at other firms as the forums draw scrutiny from global regulators, according to a person with knowledge of the matter.
Salaries for banks’ risk and compliance officers in Singapore and Hong Kong rose at about twice the pace of pay for similar positions at New York and London firms amid a shortage of skilled staff members, a recruiter said.
James D. Jones III has been drafting new drawings of the piping at an Atlanta-area factory on a contract for ManpowerGroup Inc. for the last 10 months. When this job ends, he says it will be easy to find another.
Employers in Abu Dhabi and Qatar offer as much as 30 percent more money than their counterparts in Dubai to attract candidates because of the cost of living, James Sayer, Robert Half International Inc.’s Dubai-based director of Central Europe and the Middle East, said March 20.
Vicki Cook, 52, landed a job two weeks ago at a trucking company after applying for 50 positions in almost four months. “It was a blessing,” said the Okarche, Oklahoma, woman, whose previous job had been eliminated.
U.S. stocks rose, halting a global slide, as reports signaling an improving job market overshadowed concern over political instability in Portugal and Egypt. Oil rallied above $100 a barrel as American stockpiles declined.