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CNN —Five former and current members of the US Coast Guard testified before a subcommittee of the Senate Homeland Security Committee on Thursday about their experiences with sexual assault and harassment while serving and called for major changes to how the Coast Guard handles reports. It’s the first to be released out of a string of ongoing government inquiries triggered by CNN’s reporting on a secret Coast Guard probe into sexual abuse at its prestigious Coast Guard Academy. “It’s the exact same story, and the Coast Guard is just saying, ‘It’s OK.’ I’m tired of the words,” Ward said. Action actually has to be taken in order to do it.”In closing, Ward told the committee, “I loved the Coast Guard. But there is a certain part of the Coast Guard that is completely broken.”
Persons: Meghan Lori Klement, Klement, , , ” Klement, Julian Bell, Crystal Van Den Heuvel, Den Heuvel, Van Den Heuvel, Shawna Christine Ward, I’m, ” Ward, “ I’m, Ward Organizations: CNN, US Coast Guard, Senate Homeland Security, Coast Guard, Coast Guard Academy
Some hedge funds, wealth managers, and asset managers are still hiring. Recruiters told us what roles are in demand and what skills can help you land them. Big-name hedge funds like Citadel, D. E. Shaw, and Millennium Management posted double digits in a year that many other investment managers would rather soon forget. Alternative asset managers, meanwhile, are hiring in the private-wealth-management businesses they've spent recent years building out. … if you're in or interested in wealth managementDespite the market downturn, wealth managers are in high demand.
Some hedge funds, wealth managers, and asset managers are still hiring. Layoffs across industries have been dominating headlines in January, and Wall Street has been no exception. Big-name hedge funds like Citadel, D. E. Shaw, and Millennium Management posted double digits in a year that many other investment managers would rather soon forget. Alternative asset managers, meanwhile, are hiring in the private-wealth-management businesses they've spent recent years building out. Emily Landon, the CEO of the Chicago-based headhunting firm The Crypto Recruiter, pointed to the job board Crypto Careers, which has over 2,400 openings.
Last year, the industry handed out the biggest awards since 2006 as the economy roared back from the pandemic. It's a head-spinning reversal for dealmakers who racked up record profits for their firms last year and clinched eye-watering payouts for themselves. Compensation for FICC traders will probably rise slightly or stay flat, said Bell at Sheffield Haworth, while stock traders could see a small drop. Worsening economic conditions have already prompted firms including Morgan Stanley (MS.N) and Citigroup Inc (C.N), to trim their workforces. In the United Kingdom, most big firms are discussing and allocating bonuses now, with decisions not usually announced until early next year.
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