NEW YORK (Reuters) - Pacific Investment Management Co (PIMCO), the world's biggest bond fund, has asked between 5 and 10 Wall Street banks to let recently dismissed employees know that there are vacancies at PIMCO, the Financial Times reported.
Quoting a conversation with Dick Weil, PIMCO's chief operating officer, the FT said PIMCO was looking to hire in areas such as mortgage securities trading and credit analysis.
Citigroup (C), Morgan Stanley (MS) and Merrill Lynch (MER), among other Wall Street companies hurt by the global credit crunch, have cut jobs recently.
A PIMCO representative was not immediately available for comment.
(Reporting by Aarthi Sivaraman; Editing by Louise Ireland)
