StreetID

According to New York State’s comptroller, Wall Street cash bonuses dropped 14% in 2011.

Many people worry about job security, the ability to pay their bills, and the challenge in finding gainful employment. Few of these people make $350,000 a year.

The word on the street is that hedge funds are heading south. But are they? More importantly, should they leave Wall Street behind?

Based on a survey of 29 FoF managers, pension plans, family offices, StreetID’s own Jesse Marrus said that he believes that as hedge fund capital inflows increase, “they will continue to hire to address investors concerns.”

Parvez Ahmed, an Associate Professor of Finance at the Coggin College of Business at the University of North Florida, was interested in knowing the answer. This week, he shared his opinions on the matter in an article he penned for Huffington Post.

When Christophe Frerebeau first started working on Fundspire (a fresh startup for the hedge fund industry) in 2009, he found that most hedge funds were still considered to be “black boxes.”

If maintaining employment served as your only Christmas bonus last December, you might not feel too bad for the investment bankers at Barclays PLC.

Arm yourself with these three tips to surviving the financial sector’s most difficult era.

If you thought your landlord was cranky before, wait until he realizes that the plethora of Wall Street layoffs could reduce the demand for office space.

StreetID Announces Groundbreaking Financial Career Matchmaking Site Built for financial professionals, by financial professionals, StreetID anonymously pairs applicants with Wall Street’s elite hiring managers to create the best match.