So, here’s what jobs and pay look like at Goldman Sachs in London
If you’re thinking of working for Goldman Sachs’ London operation (known as ‘Goldman Sachs International’), you might want to be in the ‘support functions’ area. Failing that, you could try sales and...
View Article6 essential qualities a banker needs in a spouse
You want to work in financial services, but you also want a meaningful relationship. Maybe you even want a family. Maybe you even want a spouse who will help you with that family. Given that banking...
View ArticleUnexpected incident of hiring at RBS’s investment bank
RBS’s investment bank is supposed to disposing of its people. If you believe a recent report in the Financial Times, up to 90% of people in the corporate and investment bank are in danger of...
View ArticleMorning Coffee: When taking on 115 new bankers in Asia just isn’t enough
Union Bancaire Privee is set to become a much bigger player among boutique private banks in Asia. But it may want to be bigger still. Its deal to buy the international operations of Coutts will add 115...
View ArticleThis is the standard of students who get a job at Goldman Sachs Greater China
What does it take to get a job at Goldman Sachs in mainland China or Hong Kong? Excellence, for sure. Goldman receives 43,000 applications for around 2,000 analyst positions. That’s around 20...
View ArticleNine routes to a great new banking job without switching companies
Most banks in Singapore and Hong Kong are not doing as much external hiring as they were last year – so if you’re looking to make a career change you are advised to look in-house. Fortunately,...
View ArticleMarshall Wace has hired Citi’s ex-head of hedge fund trading
The former head of EMEA hedge fund trading at Citigroup, who left the bank to head up Evercore ISI’s European trading business in the summer of last year, has re-emerged at Marshall Wace. Charlie...
View ArticleStar credit strategist has mysteriously left UBS
There has been a curious departure from UBS’s investment bank in London. Suki Mann is no longer there. A ‘star credit strategist’, Mann joined UBS last September as head of European credit strategy. A...
View ArticleA detailed comparison of pay at Deutsche Bank, Credit Suisse and UBS
Banking pay is a complex business nowadays. It’s not just about amounts, it’s about deferrals. It’s not just about the percentage of pay that’s deferred, it’s about the time that pay is deferred for....
View ArticleMorning Coffee: If you want a job at Morgan Stanley in HK, try equity...
Morgan Stanley has confirmed that it plans to hire equity researchers in Hong Kong – and its equity capital markets (ECM) team in the city is also looking like a good place to work. Early this month we...
View ArticleThe small investment bank paying huge bonuses
There’s only one Chinese investment to work for if you want to get paid this year – China International Capital Corporation (CICC). While most banks have been scaling back bonuses in the wake of a...
View ArticleMBA, CFA or other? Top qualifications in Asian private banking
Which qualification will get you a job in Asian private banking? We’ve looked through the eFinancialCareers database to identify the most prevalent qualifications among wealth managers in the region....
View ArticleDo not do this in banking interviews
Now that internal promotions are all the rage, investment banks are slower to invite people to interviews. – Why hire externally when you can promote a junior with far less hassle? When you’re invited...
View ArticlePwC, Deloitte, KPMG or EY, which Big Four firm pays the most?
Is there much to choose between Big Four accounting firms when it comes to pay? PwC, Deloitte, EY and KPMG are all competing against one another for talent. Much as they try to differentiate themselves...
View ArticleFrom VP at J.P. Morgan to department head at BAML
We have reason to believe that jobs at J.P. Morgan have more sway than a lot of investment banks. Why? For a start, some traders are happy to take demotions for the privilege of working at the bank....
View Article7 interesting people hired by Goldman Sachs, BAML and Morgan Stanley in March...
As the first quarter draws to a close, who’s been hired by leading U.S. investment banks in the City of London over the past four weeks? And what do these new recruits say about your own chances of...
View ArticleMorning Coffee: Macquarie axes 100 as banks live to regret “aggressive”...
Macquarie has joined the growing ranks of firms that are now slashing their headcounts in Asian investment banking – providing more evidence to suggest that the 2011/2012 hiring boom in regional IBD...
View ArticleHow middle-aged bankers are cut adrift in China
Ageism may be the last bastion of discrimination in investment banking, but the situation in China is even more overt. Job ads often include the requirement that candidates need to be “under 35”. The...
View ArticleInvestment banks battle to make junior bankers’ lives easier
Fearful of an exodus to the buy-side and unwilling to keep hiking pay, investment banks are instead turning to novel methods of attracting and retaining their most junior staff. Many banks have already...
View ArticleHere’s why Goldman Sachs’ London staff are paid so well
As we reported last week, people who work for Goldman Sachs in London earn a lot more than people who work for Goldman Sachs the world over. They earn 40% more, to be precise: employees at London-based...
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