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Hiring & firing

This Month

Goldman Sachs lands high-powered Macquarie banker as ECM chief

Georgina Johnson is exiting the Silver Doughnut after two decades, and heading to one of the Wall Street giant to run its local equity capital markets division.

Andrew Gray is the founder of private equity outfit Potentia Capital.

Power of One: Potentia Capital’s Andy Gray rules off first close

It seems all can be forgiven as long as there’s a sizeable cheque at the end — at least in PE land.

October

Tim Church, chair of Investment Banking at Morgan Stanley Australia.

Morgan Stanley on a hot streak, hires from Bank of America

Hastings spent 4½ years at BofA and also had a stint at Credit Suisse between 2016 and 2021.

September

 Richard Harris is the new chief investment officer at Nicola Forrest’s Coaxial.

Nicola Forrest’s Coaxial hires ex Brookfield, Afterpay operatives

It’s a plum gig for Harris, who will no doubt be bombarded by bankers keen to pitch investment ideas to Forrest.

Morgan Stanley’s Australian wealth management business has lost a couple of key advisers.

Morgan Stanley private wealth breakaways prepare to set up own shop

Hu and Ding teamed up in 2017 and oversaw around $4 billion of private client money at Morgan Stanley.

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August

Stockbroker Angus Aitken has poached a ‘young gun’ from Jefferies Australia.

Jefferies’ Sam Speer eschews life at a bulge-bracket

Speer has resigned and is expected to join Aitken Mount Capital Partners as its sixth staffer next month.

It’s the Weekes-end: UBS equity sales trader jumps ship

Weekes has a decent following among fund managers, having worked in the markets for around 20 years. 

Rebecca Carr

How AI has already changed everything you know about recruitment

SmartRecruiters chief executive Rebecca Carr believes unless AI is integrated directly into workflows, it’s of little use.

Business leaders have slammed the Victorian government’s proposed new WFH laws.

Labor WFH plan risks entrenching anti-business feeling in Victoria

The chairman of Premier Jacinta Allan’s handpicked business council says blanket edicts harm productivity and confidence.

July

ANZ’s new CEO Nuno Matos has ordered a new strategy review that puts some staff in the firing line.

ANZ’s McKinsey review targets top brass amid broader hiring freeze

The overhaul of the bank comes after new chief executive Nuno Matos told investors and analysts to expect more details on his strategy as early as September.

Clayton Utz partner Brendan Lamers has been hired by a rival.

DLA Piper nabs top tax trio from rival

Partners Brendon Lamers, Angela Wood and Andy Bubb resigned from Clayton Utz on Friday.

Charter Hall boss David Harrison has pinched a staffer back from Blackstone.

Blackstone real estate managing director rushes back to Harro

“Big Harro” delivered upgraded guidance for full-year earnings in February, backed by a strong performance in the investment business.

Jennifer Dunn, a marketing professional in San Antonio, said she had a job interview with a virtual artificial intelligence recruiter. The conversation “felt hollow,” she said.Credit...

Jennifer went for a VP job. Her interviewer was ‘agentic AI’

You thought artificial intelligence was coming for your job? First, it’s coming for your recruiter.

June

How North Korean deepfakes are duping hiring managers

A quiet plague of organised criminal and state hackers has been using artificial intelligence to pose as remote job applicants.

“This was a difficult decision, but one that we think is best for the company long term,” CEO Andy Jassy told employees in a memo.

Amazon CEO warns white-collar staff that their jobs are on the line

In a memo explaining all the ways the technology giant is using AI, Andy Jassy told workers how they can stay relevant as bots become capable of doing more.

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May

Immutable Co-Founders James Ferguson (CEO), Robbie Ferguson (President) and Alex Connolly.

Executives head for the door at unicorn crypto start-up Immutable

Two senior executives on Friday announced their departure from the heavily funded tech company, which has shed a third of its staff in the past nine months.

Immutable co-founders James Ferguson (left) and Robbie Ferguson.

Tech unicorn Immutable cuts staff as AI bots pick up jobs

One of Australia’s most funded technology companies has shed more than 70 staff over the past nine months and embraced artificial intelligence programs.

There’s movement in Goldman Sachs’ top ranks in the region.

Mr New Zealand resigns from Goldman Sachs

The company’s top banker across the Tasman has left the building.

Staff in Microsoft’s Australian offices are nervously awaiting news of the impending redundancies.

Australian jobs to go as part of Microsoft’s global workforce cull

Australian staff at global tech giant Microsoft are nervously waiting to find out if they will be among about 90 staff likely to be sacked as part of worldwide cuts.

Nomura boss Andrew Macgonigal has poached an MD from JPMorgan

Nomura pinches JPMorgan managing director

Nomura has hired Cameron Nicholls, JPMorgan’s head of financial sponsors for Australia and New Zealand.

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