News

Banking: Focus shifting to second wave of Brexit

Euromoney

The banking industry has stopped fretting about a full-on Brexodus of jobs to other EU cities outside of London and started worrying about what comes next.

Executive Grapevine, Identifying a client talent

Executive Grapevine

Tom Price-Daniel comments on the importance of encouraging internal talent and how businesses can achieve this using talent metrics.

Cracking the Code of Culture

LinkedIn

Alderbrooke’s TGCL Partner, Mangaard & Partners, discuss CultureScope.

Why empathy is a critical skill for fund professionals

Ignites Europe

Hani Nabeel comments on why empathy is a critical skill for fund professionals.

More firms develop Brexit contingency plans

GT News

Alex Howard-Keyes comments on banks relocating services to Europe as part of their Brexit contingency plans.

Ex-banker Emmanuel Macron expected to try and lure City workers across Channel

Belfast Telegraph

Alex Howard-Keyes comments on ex-banker how Emmanual Macron is expected to try and lure City workers across Channel.

Alderbrooke scoops prestigious prize for Behavioural Analytics at Wharton People Analytics Conference

Fintech Finance 
Bdaily
Global Banking & Finance Review
LinkedIn

Alderbrooke received the People’s Choice award at the prestigious Wharton People Analytics Conference 2017.

Surprise recruitment boom for fund managers

Investment Week

Paul Cook comments on the implications of a culture clash about the fallout from the Standard Life and Aberdeen Asset Management merger.

Asset managers seeking talent will be monitoring Aberdeen/Standard Life deal closely

Investment Week

Paul Cook comments on the implications of a culture clash about the fallout from the Standard Life and Aberdeen Asset Management merger.

A year after going live, Senior Managers Regime starts to bite- UK Survey

Wealth Briefing

Julian Bentley comments in relation to research which suggests the SMR has been viewed positively by investment bankers so far.

Warning over new UK fund executive code

Ignites Europe

Julian Bentley discusses how asset managers are preparing for the implementation of the Senior Managers Regime (SMR) next year.

Standard Life-Aberdeen merger ‘no panacea’

Ignites Europe

Paul Cook comments on Standard Life and Aberdeen Asset Management’s merger.

Two into one does go, say fund chiefs

The Times

Paul Cook comments on Standard Life and Aberdeen Asset Management’s merger.

City gives thumbs-up to Aberdeen-Standard Life

Financial News

Paul Cook comments on Standard Life and Aberdeen Asset Management’s merger.

Brexit relocation – a perspective

Acquisition Daily

Alex Howard-Keyes comments on banks relocating employees elsewhere in Europe in the wake of Brexit and how he expects Britain to remain Europe’s financial centre. This is despite alternative European financial hubs such as Paris and Frankfurt continuing to ramp up their efforts to attract bankers elsewhere.

Paris financial representatives begin charm offensive in the City of London

The Investment Observer 

Alex Howard-Keyes comments on French representatives coming to London in an attempt to lure bankers across the Channel.

How firms can foster a culture of innovation

Ignites Europe

Tom Price-Daniel comments  on how firms can foster an innovative culture, how fund managers should avoid hierarchical cultures and the importance of understanding cultural norms and values.

Brexit won’t break London as a financial centre

World Finance 

Alex Howard-Keyes comments on UK banks’ employment strategies and how they are changing in preparation for Article 50.

London’s future as a financial hub

GT News 

Alex Howard-Keyes comments on UK banks’ employment strategies and how they are changing in preparation for Article 50.

Brexit: Average Cost Of £50,000 Per Employee To Relocate From UK

International Securities Services (ISS)

Alex Howard-Keyes comments on UK banks’ employment strategies and how they are changing in preparation for Article 50.

The cost of Brexit for banks

Asset Man

Alex Howard-Keyes comments on the potential relocation of employees out of London.

Alderbrooke appoints Eugene Burke as new senior advisor

Bdaily
Recruitment International 
Recruiter 

Eugene Burke has been appointed as a Senior Advisor to Alderbrooke’s Diagnostic & People Analytics team.

COULD BETTER BEHAVIOURAL MEASUREMENT CURE THE SMR HEADACHE?

International Banker

Tom Price-Daniel, Talent Assessment & Development, discusses behavioural measurement tools and the SMR’s focus on culture.

‘If Boards ignore this warning, they WILL be left behind’, says Chief Psychologist

Business Grapevine

Hani Nabeel, Head of Occupational Psychologist, discusses the links between culture and organisational success.

TGCL conference brings together big players in executive search

BDaily

The Global Community for Leaders (TGCL) global conference press release.

Executive search leaders to attend Global Community for Leaders conference

Recruitment International

The Global Community for Leaders (TGCL) global conference press release. TGCL brings together five of the most prominent and forward-thinking players within the executive search and leadership consultancy fields: Alderbrooke, Talengo, ALSpective, Dasein and Mangaard.

Algorithms Measure and Orchestrate Culture to Meet Digital Need

Business Value Exchange

Hani Nabeel, Head Occupational Psychologist, comments on the growing importance of data in analysing organisational culture.

Ahead of Brexit, some banks quietly shift M&A bankers to Frankfurt

Reuters
DailyMail
NY Times
Yahoo Finance
CNBC
Investing.com

Alex Howard-Keyes comments on investment banking movement across Europe since the Brexit vote.

Read more

“Banks are looking to keep the bulk of their operations in the UK but some are hedging their bets on Germany.”

“If they’re going to have to have a foot on the ground in the euro zone, Frankfurt seems to be the best place,” he said, adding: “Frankfurt is a Brexit hedge plus it’s in the biggest economy in Europe.”

Read less

Frankfurt in the spotlight as City firms consider Brexit moves, says headhunter

Daily Mail
Business Reporter

Alex Howard-Keyes discusses how London will likely remain the financial centre of Europe, though there is a slight hedge towards Frankfurt.

Brexit latest: City firms consider ‘swapping London for Frankfurt over Brexit concerns’

Evening Standard

Alex Howard-Keyes discusses how London will likely remain the financial centre of Europe, though there is a slight hedge towards Frankfurt.

Businesses need to change the way they measure organisational culture, says Alderbrooke

Recruitment International

CultureScope featured in Recruitment International discussing why business should change the way they measure Culture.

Cultural Change – Employers should measure culture differently

The Global Recruiter

CultureScope featured in The Global Recruiter discussing why employers should measure culture differently.

 

Research reveals need for fundamental rethink in the way organisations assess corporate culture

Global Banking and Finance
Business Money
One Rec 

CultureScope featured in Global Banking and Finance, Business Money and One Rec, calling businesses to change the way they measure organisational culture, after research revealed serious flaws in traditional cultural measurement techniques.

Alderbrooke present at HR Tech Congress in Paris

BDAILY
Recruitment International

Alderbrooke presents CultureScope at DisruptHR in Paris.

Does Asset Management Have a Corporate Problem?

Ignites Europe

Paul Cook comments, “With asset managers in particular, we have found that people often leave firms because they feel ignored. This is made worse in firms with a hierarchical culture dominated by a single portfolio manager.”

Banking Culture in a Time of Uncertainty

International Banker

Article by Paul Cook on the importance of culture within an organisation and how in uncertain times it is important to maintain a healthy, positive culture.

Low interest rates prompt transaction banking strategy rethink

EuroMoney

Omar Al-Bakri is featured in Euromoney and comments that a solution to reduce costs is operating more digitally and that a move towards digitization will potentially mean fewer members of staff.

People Feature: The rise of the boomerang employee

Ignites Europe

Paul Cook comments on the fact that Fund Houses appear to be increasingly open to former employees returning to the fold. Paul states that he believes there to have been a “shift” in attitude in the asset management industry towards employees returning to former employers.

Tips for stamping out bullying behaviour

Ignites Europe

Paul Cook comments on the cultural problems at some fund managers and the importance of fostering a strong organisational culture to stop bad behaviour and stamp out bullying.

Europe’s boutique firms stealing M&A market share, dealmakers, data shows

Reuters
GT News

Alex Howard-Keyes comments on the on the growing attractiveness of boutiques for job seekers.

Read more

“With the number of boutique firms occupying M&A league tables at its highest since the 1980s, we can expect the attractiveness of independent advisories (for job seekers) only to increase.”

“Looking ahead, Donavan’s move could be the tip of the iceberg when it comes to sell-side switches if we see a further proliferation of M&A boutiques.”

Read less

Four key issues with the Senior Managers Regime

GT News

Article by Julian Bentley on issues with the Senior Managers Regime, highlighting the confusion and lack of clarity felt by firms about the Senior Managers Regime, and actions the FCA need to consider to help combat this.

Bank rate cut will add pressure to transaction banking sector

Only Strategic

Omar Al-Bakri  comments in relation to the interest rate cut adding pressure to the transaction banking sector.

Read more

“Whilst [this] decision to reduce interest rates to 0.25 per cent will be a shot in the arm for much of the economy, it will only add to the immense pressure already felt by transaction banks. Successive years of low interest rates have made it continually harder for participants in the transaction banking space to remain profitable and make positive returns.

“This rate cut by the MPC (Monetary Policy Committee) will likely mean further cost reductions across key business lines such as cash management and trade finance in attempt to stave off the negative impact on revenues this decision will cause. In all likeliness, back and middle-office staff will be left most concerned as many institutions continue to re-structure their respective businesses.

“Looking ahead, transaction banks will almost certainly increase their focus on the less heavily banked mid-market and SME sectors where margins and returns are more readily attainable. There will also be a focus on upgrading talent as institutions continue to find new ways of gaining market share from a very competitive sector.”

Read less

What are the prospects for investment jobs in London?

City Jobs

Alex Howard-Keyes  comments on the tussles between buy and sell-side jobs.

Read more

“The buy-side remains the most attractive proposition for many in the City, though upcoming challenges, especially to organisational culture, threaten to level the playing field,” he says.

“With the regulatory gaze moving beyond the banking sector, buy-side firms will soon face a similar level of scrutiny. In response to upcoming regulations like the Senior Managers Regime, firms may be required to reorganise behaviour, responsibility and pay structures which could thrust buy-side entities into the public eye.

“Conversely, it remains to be seen whether recent regulations will fundamentally change how banks operate. Shifting from a ‘boom to bust’ mentality to a more stable operating model could attract people back to the sell-side. In addition, boutique firms, challenger banks and specialist lenders on the sell-side are capitalising on the opportunities presented by these regulations and market fluctuations affecting those working in traditional banks.

“That said, long-only asset managers on the buy-side, especially those concentrating on managing their growth, are also in a position to capitalise on these opportunities.”

Read less

Majority support gender balance across mortgage advice sector – poll result

Mortgage Solutions

Tom Price-Daniel  comments on outlining the importance of putting in place policies that help women come back into the workplace from maternity leave.

Read more

“I don’t think women are put off from joining the sector, but there is a natural distribution curve that happens for women entering financial services. Institutions need to put in place policies that mean when women leave the workplace they are actually able to come back.”

Read less

BANKS VS. ASSET MANAGERS: WHO CAN CATCH THE TALENT?

International Banker

Omar Al-Bakri discusses commodity trade and how this has changed in the current political and economic climate.

The growing market for market risk

City Jobs

Julian Bentley gives his view on the current trends for Market Risk professionals and their importance to the City.

Brexit: industry reactions

Reward Guide

Paul Cook comments on the uncertainty within financial services post Brexit.

Read more

“The UK’s decision to leave the EU brings with it huge uncertainty for jobs within the financial services industry. City institutions had warned prior to the vote that leaving the EU could mean job losses and movement of operations to the Continent. Decisions on job cuts and banks moving their headquarters outside of London will not be effective immediately – but the last thing the sector needs is months of uncertainty.”

Read less

Brexit reactions and comments from HR & business organisations

HR News

Paul Cook comments on Brexit and what leaving the EU means for the financial services industry.

Read more

“The UK’s decision to leave the EU brings with it huge uncertainty for jobs within the financial services industry. City institutions, such as JP Morgan, had warned prior to the vote that leaving the EU could mean job losses and movement of operations to the Continent. Decisions on job cuts and banks moving their headquarters outside of London will not be effective immediately – but the last thing the sector needs is months of uncertainty as to ‘what happens next?’ weighing on the existing cost pressures.”

Read less

Expert comment: increase in fines for individuals from the FCA

CCR Magazine

Paul Cook, CEO & Founder, comments on the increase in fines for individuals from the FCA

Read more

“The news that the FCA has increased the number of fines served to individuals under the new accountability rules is further proof that regulators are serious about cleaning up the reputation of the financial services sector. Businesses must prepare for this continuing mission;  turning a blind eye, or loosely interpreting the strict rules that have been set, is simply not an option and consequences will be felt.

“The entire financial services industry must understand that, if the accountability regulations do not yet effect them, similar rules are expected soon – so futureproofing any business is key. Banks, insurance companies, asset management firms and beyond must not treat regulation as a tick-box exercise. It is time to go beyond the requirements requested by the FCA by measuring and analysing corporate behaviour, and establishing leadership teams that have an innately good culture.”

Read less

Sandboxes and the Fintech Footprint

Bobs Guide

David Rush comments on how banks need to go beyond their industry when it comes to addressing culture in order to improve the public’s perception of the sector, following Andrew Bailey’s speech that implied culture would be a focus for the FCA.

Read more

“To address this, banks and institutions need to go a step beyond fulfilling their sector’s basic requirements and must proactively embrace culture diagnostics and assessment themselves. This would be a bold first step for an industry that must stop waiting to be called trustworthy, and which should instead take active steps to be worthy of the public’s trust.”

Read less

NEW FCA BOSS: TIME TO END BANKER-BASHING

City AM

David Rush, Director, comments on Andrew Bailey’s speech today, outlining the future of the FCA

Read more

“Across the financial services industry, firms and regulators have worked hard to regain a solid reputation through increased compliance, improved transparency and tougher regulations. However, the public interest and faith in the industry continues to fall flat with ‘banker bashing’ still a common theme.

To address this, banks and institutions need to go a step beyond fulfilling their sector’s basic requirements and must proactively embrace culture diagnostics and assessment themselves. This would be a bold first step for an industry that must stop waiting to be called trustworthy, and which should instead take active steps to be worthy of the public’s trust.”

Read less

New partnership creates a global network of Executive Search and Consultancy firms

Executive Grapevine
The Global Recruiter
One Rec

Alderbrooke is a founding member of new global community of executive search and consultancy firm: The Global Community for Leaders (TGCL).

Read more

Alderbrooke, ALSpective and Talengo, as key players in Executive Search and Leadership Consultancy businesses on their eight markets, have today launched The Global Community for Leaders (TGCL), a new international community where the three firms will be able to offer an integrated service to clients looking for global solutions.

Read less

Financial Crime is the chink in the bank’s armour

Finance Digest

Article by Julian Bentley. Financial crime continues to be an area where financial institutions are struggling to retain and attract top talent. Culture within the businesses is seen as a major factor driving high turnover and instability in a time where these companies need these professionals.

Why Fintechs Must Find More Women

Forbes

Tom Price-Daniel reviews the composition of the Fintech50 leadership and outlines why it is too male dominated.

Banks sign up 241 managers for new UK accountability regime

Financial Times

Julian Bentley comments on the Senior Managers Regime and said having more senior managers did not necessarily mean banks were more compliant.

Read more

“Organisations which are looking to go above and beyond, need not appoint more individuals than required, as there is a serious risk that this will blur the lines of responsibility.”

Read less

UK steals the spotlight as FinTech 50 is dominated by London start-ups

Computer Business Review

Tom Price-Daniel comments that the Fintech industry has to do more to ensure women can make it at the top level.

Read more

“The 2016 FinTech 50 has once again highlighted the extreme lack of diversity across the industry, with only two of the selected companies operating with female CEOs.

“As an industry that is dominated by start-ups, companies in this sector are actually in a perfect position to buck this trend by creating the policies, culture and governance that are needed to ensure women can make it to the top level.”

Read less

The developing role of Senior Advisors in the real estate sector

Across Magazine

Caroline Gibson discusses the evolving role of the senior advisor in the real estate sector. In particular how such appointment have increased and why they will continue to be in demand during this market cycle.

Where did all the bankers go?

PERE News

Caroline Gibson, Head of Real Estate, examines the reasons for a dearth of talent in the real estate investment banking market today and discusses how the real estate advisory market has developed since the last cycle.

Alderbrooke expands financial services practice with appointment of Omar Al-Bakri as Director

The Global Banking Finance Review

Alderbrooke continued its expansion in the financial services sector with its recent appointment of Omar Al-Bakri as Director of Wholesale Financial Services.

Read more

Omar brings with him a huge amount of experience working across the sector, specialising in wholesale, corporate and transaction banking.

Read less

People moves: Axa IM, Legg Mason, Deutsche Bank…

International Advisor

Paul Cook comments on Alderbooke’s continued expansion within corporate and transaction banking with its appointment of Omar Al-Bakri.

Alderbrooke hires new Director of Risk and Compliance

Executive Grapevine

Alderbrooke continues its expansion within risk and compliance with the appointment of Julian Bentley, Director Risk & Compliance.

Alderbrooke-SearchHex

Alderbrooke-CultureHex

alderbrooke-talenthex

Alderbrooke-TeamHex1