Morning Coffee: Why banks can’t afford to give you an expat package
Are you hoping to move to Singapore for a banking job? Are you wondering why every bank you apply to is refusing your requests for an expat package on top of your salary? Banks in the city state first...
View ArticleWhy a Labour Government would have been bad for banking bonuses
If you work in banking in London, or for a British bank anywhere, you need to hope that the Conservative Party wins the UK election. A Labour win could be very bad indeed for British banking jobs....
View ArticleHow to make MD at a Singaporean bank
Job seekers in Singapore are increasingly trying to join the city state’s local banks, DBS, OCBC and UOB. The three firms have all expanded their headcounts over the past year and have historically...
View ArticleCitigroup has poached Nomura global head of futures and options
Citigroup has taken advantage of the exodus of senior traders at Nomura by hiring John Macpherson, the former global head of futures and options at the Japanese bank. Macpherson joined Citigroup in...
View ArticleWhat the UK election means for London banking jobs
If you work in the City of London, it has been a good result – for the moment. Longer term, however, the Conservatives’ unexpected election victory could have unexpected repercussions for finance...
View ArticleCFA or MBA for junior investment banking jobs?
Investment banks are hiring fewer MBAs through their associate programmes. The CFA, in theory, is a qualification for the buy-side. But as competition for junior investment banking job intensifies,...
View ArticleHow to succeed in any banking interview
If you’re getting invitations to banking interviews but you’re not getting invited to work for the banks you’re interviewing with, you’re clearly doing something wrong. And that wrong thing is almost...
View ArticleMorning Coffee: The new driver of senior Asian investment banking jobs
Chinese M&A, both inbound and outbound, increasingly appears to be a good sector to work in. Banks are already hiring more bankers to advise Chinese companies expanding overseas, but they now also...
View ArticleThe best Asian market to work in as a 30-year-old banker
Are you an Asian banker in your early 30s? Are you still feeling young and mobile enough to contemplate moving to a different financial centre? Results from the eFinancialCareers jobs database reveal...
View ArticleChinese banks start to shake-up compensation schemes to compete with private...
Employee stock ownership plans (ESOP) have long been used to incentivise bankers to stick with their current employer in Western markets, but in China – where the big banks are state-owned – this...
View ArticleHow much would your boss pay to stop you leaving?
Times are tight. If you work in banking and you want a pay increase, recruiters say there is really only one way of securing one: you’ll need to threaten to leave. And then you’ll need to hope that...
View ArticleHow much did Sajid Javid earn at Deutsche Bank?
Sajid Javid, ex-culture secretary and ex-Deutsche Banker is the UK’s new business secretary. Cue speculation about how much he earned in finance: the Evening Standard says Javid took a 98% pay hit to...
View ArticleWhere the front office hiring is in the US, UK and Asia in Q2
Forget banks’ middle office hiring boom, after positive first quarter results, there’s hiring in revenue-generating roles again. But it’s still very targeted. Helpfully, recruiters Phaidon...
View ArticleKPMG wants to be kinder to its junior accountants
So you thought that working for a Big Four accounting firm was all lovely and cuddly compared to working for an investment bank? Wrong. Working for a Big Four firm can be harsh. Especially when it...
View ArticleHere’s how much 22 year-olds earn on Wall Street
Wondering how much you’ll earn in the first year of your banking career on Wall Street? Blog site Mergers and Inquisitions has been making some predictions. If you’re a banking neophyte they look...
View ArticleMorning Coffee: Ask for a big pay rise if Wells Fargo wants to hire you in Asia
If you want a job in corporate banking or compliance in Asia you have yet another option: Wells Fargo. Just be sure to press for a large pay rise if you do get a job offer there. The US bank is...
View ArticleEquities hiring resurgent in Hong Kong
More equities trading jobs are opening up at global banks in Hong Kong, but only elite performers with mainland market knowledge need apply. After a slow start to the year the hiring market in equities...
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The most dissatisfied junior and mid-ranking investment bankers work for...
Investment banks need to keep their juniors happy. The hiring frenzy that forced most firms to hike pay for their analysts and associates by 20-25% may be subsiding in favour of building the mid-ranks,...
View ArticleThe 10 strangest jobs banks are hiring for now
As the second half of the year approaches, we enter banks’ prime hiring season. This is the time when interviews are rife and headcount is filled. If you want a new banking job in 2015, apply now. So,...
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Which businesses, in which banks, are thriving? Which aren’t?
The first quarter may seem a long way away, coming as it did before the UK general elections and the bond market rout. However, if you’re still interested in a retrospective view on how banks began...
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