Berenberg: A Year of Growth and Rehiring
Berenberg, the privately owned German bank, has been making waves in the financial world with its recent developments. From securing a new headquarters in Hamburg to handling multiple IPOs in London, including Beauty Tech Group, a company specializing in LED facemasks, Berenberg has been on a roll. Additionally, the bank has been rehiring former employees who have returned to the fold after stints elsewhere.
Rehiring at Berenberg
Over the past few years, Berenberg has welcomed back several key individuals to its team. In sales, notable returnees include Rod Ortigao in New York, who rejoined the bank after a brief stint at Stifel, and Vitor Giesteira in London, who returned from Barclays. In the research department, familiar faces such as Michael Filatov, Michael Heider, Javier Gonzalez Lastra, Nick Anderson, and Anna Patrice have all made their way back to Berenberg.
While rehiring former employees is not uncommon in the banking industry, Berenberg’s relatively small size sets it apart. With fewer than 1,500 employees at the start of the year, the return of these individuals is more than just a coincidence.
Employee Satisfaction at Berenberg
Although the reasons behind the decision to return to Berenberg remain unknown, it is safe to assume that these individuals have a positive view of the bank. It is rare for professionals to return to a former employer if they had a negative experience during their initial tenure.
For more information on Berenberg’s recent developments and rehiring trends, you can visit here.
