There were 31,206 jobs posted in the period 14 March 2021 to 20 March 2021 according to the GlobalData job analytics tool. This represents a 0.5% increase from the previous weeks total of 31,050.
JP Morgan retained its top spot for job postings across the banking sector this week, with 1793 roles. Citi and Banamex followed closely with 1779 and 1725 respectively. Consistent with last week, Wells and Fargo was in fourth place with 1014 jobs.
Go deeper with GlobalData
In the news this week, JP Morgan revealed plans to deepen its China push, with the asset banking arm taking over a 10% stake in the wealth management unit of China Merchants Bank. Under the agreement, JPMorgan Asset Management (Asia Pacific) would pay around $415m for the stake in CMB Wealth Management.
The deal, which awaits regulatory nod, marks the first time a Chinese bank has been open to allowing a foreign player have any control over a wealth unit, reported The Wall Street Journal.
Citi, in second place, also hit the headlines when CEO Jane Fraser announced the termination of any Zoom calls on Fridays, in attempts to ease the “relentlessness of the pandemic workday” for employees.
In a memo, Fraser informed staff of “Zoom-free Fridays” alongside the introduction of a company-wide holiday, known as Citi reset day, on the 28 May 2021.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData“I know, from your feedback and my own experience, the blurring of lines between home and work and the relentlessness of the pandemic workday have taken a toll on our wellbeing. It’s simply not sustainable.
“After listening to colleagues around the world, it became apparent that we need to combat the ‘Zoom fatigue’ that many of us feel, so I overcame my initial resistance to this idea.”
If financial sector employees have a morsel of sense, we ought to see supply for Citi roles sky-rocket in the coming weeks. Are they hiring a reporter?
Overall, the highest number of jobs posted were in North America with 15,669. Asia Pacific was in second with 7534, followed by Europe with 6606, Middle East & Africa with 727 and South & Central America with 669.
Globally, most jobs were junior level with 12,769 postings. This was followed by 9799 mid-level positions, 6848 at entry level and 1790 senior positions.
