Despite a bout of recent layoffs in the financial services sector, people with accounting and finance experience on their resumes may be able to find work next year at Cantor Fitzgerald & Company, as the institution looks to rebuild its future workforce. The New York-based global financial services firm, which specializes in bond trading, said it will add at least 200 new employees to its payroll in 2012 in areas including credit , leveraged loans and fixed-income sales Shawn Matthews, chief executive officer of Cantor, told Crains New York Business, that the company wants to add staff while cutting its overseas and non-core business costs. "We are looking to build out our sales and trading businesses in both debt and equity," Matthews told the news agency. "There are a lot of qualified people looking for an alternative to the traditional financial services model that has made many banks act more like massive hedge funds." The company presently employs approximately 1,400 people worldwide. According to the Bureau of Labor Statistics, job opportunities for accountants and auditors are expected to grow by 22% through the end of the decade. |