How is the job market for finance professionals? I know because of subprime crisis, fixed income area is pretty bad. Are banks still hiring?

Banks are indeed still hiring, but what we are seeing firms take a lot longer to think abut each position.

I would imagine that European banks will offer better prospects in the short term, maybe. The subprime problems at US commercial banks are only starting.

> Are banks still hiring? Yes, especially if you are a newbie.

Nah, fixed income departments of banks deeply involved in the subprime crisis have now an hard time in hiring newbies and seniors.Bear announced on 28th of nov it would cut 650 jobs. After the HFs collapse that hit BS during the summer caused the bank to announce a 1,490 jobs cut since august, even back office jobs in London. JPMorgan announced 100 subprime job cuts in its subprime department based in Ontario, California. SocGen to cut 25 jobs in the US. Many banks wrote off mlns of $ after the crisis. Hope it's just a momentary lapse of job cuts, btw I think the best has still to come,Regards