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People Moves Monday: Northern Trust, Lloyds Bank North America and more…

The TRADE

Northern Trust promoted Dane Fannin as its new head of global foreign exchange (GFX)and securities finance within its capital markets business. Fannin takes up his new role after spending the last 17 years at Northern Trust within its capital markets business in Asia Pacific and London, most recently as its global head of securities finance.

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On-Cycle Private Equity Recruiting: Will PE Firms Start Recruiting 10-Year-Old Children Soon?

Mergers and Inquisitions

The short answer is that it’s based almost entirely on your university, bank name/group, GPA, and other criteria you have no way to change. Consider Other Industries – Pretty much everything else, from hedge funds to venture capital to corporate development and corporate finance roles, recruits more slowly.