Trading government bonds and related instruments should remain strong in 2016 as the Fed tightens monetary policy.
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Job cuts and shrinking bonuses dominated headlines from Wall Street this year, so it's easy to forget pockets of the industry are booming.recruiters and executives deem these the best jobs to have in 2016:Boutiques including Houlihan Lokey Inc. and Lazard Ltd. dominate the field (megabanks are more often conflicted as creditors or underwriters), and the firms could see a 24 percent jump in restructuring revenue next year, Hung said in a Dec. 18 note.Rates TradersRates traders already are poised for some of this year's biggest raises, with those handling options due for a 15-percent increase on average, according to recruiting firm Options Group Inc. Trading government bonds and related instruments should remain strong in 2016 as the Fed tightens monetary policy while the European Central Bank loosens it, JPMorgan Chase & Co. Chief Financial Officer Marianne Lake said this month. Next year, more banks will unveil pilot programs that automate investment management and make use of technology based on bitcoin's blockchain, the software ledger that can speed up financial transactions.Corporate FinanceWhile investors have shown heightened skittishness this month about holding risky corporate debt such as leveraged loans, some areas of corporate financing are expected to flourish next year. Bank of America Corp., Wells Fargo & Co. and JPMorgan all have said they're hiring in wealth management.
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