Doesn't it seem like jobs on Wall Street...

...are never eliminated, just shifted around? A piece in Bloomberg this morning reports that Standard Chartered, Plc (my emphasis):

...plans to hire about 1,800 people for its global trading and underwriting operations over the next three years as the bank aims to more than double revenue from those businesses.

The expansion from the current 1,700 employees at the Financial Markets unit is part of a goal to boost net revenue from those operations to about $10 billion by 2014 from $4.4 billion last year, Leonard Feder, head of the division, said in a Nov. 25 interview in Singapore.

“This is just the beginning,” said Feder, who joined Standard Chartered in July 2007 after spending 11 years at Bear Stearns Cos., where he was last the co-head of its prime brokerage unit. “We’re just scratching the surface on what the opportunities are.”