One chart that tells you everything about bonuses on Wall Street
If you’re looking for a financial services job that comes with potential for big bonus growth in the years to come, where should you focus your attention? Try asset management or private equity, Forget...
View ArticleThe last European bank that will hire you as a prop trader?
Once upon a time, every bank had a proprietary trading team in London. Now prop traders in banks are as common as LibDem MPs in England. However, one last bank maintains a prop trading operation and...
View ArticleDid HSBC just become the last bank to hike juniors’ salaries?
Last month Deutsche increased salaries for its junior bankers. This month we understand that HSBC has (belatedly) done the same. Recruiters say HSBC just raised salaries for its juniors in M&A by...
View ArticleMorning Coffee: Complacent Singaporean grads too worried about work-life...
While productivity in the Singaporean banking sector continues to improve, the complacent attitudes of younger bankers are putting these gains at risk, according to a report in the Business Times. A...
View ArticleMeet some of the top Chinese bankers under 40
Rising through the ranks in a Western investment bank is not easy for a Chinese banker, especially when you don’t have English as first language. But there will always be smart people who can work...
View ArticleNine under-the-radar financial institutions now hiring in Hong Kong and...
Are you looking to join a financial institution that’s growing its headcount in Hong Kong or Singapore? This year, unfortunately, most large global banks aren’t making major hiring plans in Asia, but...
View ArticleThe 4 key phases of your banking career
There is an arc to a banking career. Do well and you’ll be a vice president by the age of 30, a managing director by the age of 35 and a head of business 10 years later. Do badly and you’ll be out –...
View ArticleHow one Cambridge graduate made MD at 31 and retired at 40
Investment bankers never really retire, they merely quit finance and look for affirmation elsewhere. At least that’s the theory. Nonetheless, in the past few weeks some senior bankers have left Goldman...
View ArticleRothschild paid its UK bonuses early this year – in case Ed Miliband won
In any usual year, Rothschild’s UK bankers would be getting excited about their forthcoming bonuses around now. But this is not a normal year; it’s an election year, and Rothschild took precautionary...
View ArticleWall Street bankers’‘vulgar’ dress code
When do you cross the line between good grooming and bad taste? When you feel the need to wear a shirt with your initials embroidered into the cuffs. So say bankers and headhunters in London, who claim...
View ArticleMorning Coffee: Another big bank joins equities hiring boom in Hong Kong
China Renaissance has announced an expansion of its equities business for institutional clients in Hong Kong, reports the South China Morning Post – a clear indication that the sudden revival in...
View ArticleACCA, CPA, ACA, CIMA: which accounting qualification will get you a job in...
You’re looking to start an accounting qualification that you hope will boost your career in the Asian financial services sector, either at the Big Four or a bank. Which one should you choose? We’ve...
View ArticleIf Deutsche Bank moves its juniors to Frankfurt, they’ll have a 40% pay cut
If the UK leaves the EU, Deutsche Bank has raised the spectre of relocating large chunks of its 9,000-strong London operation to Frankfurt. Juniors in London could suffer huge pay cuts as a result....
View ArticleFear of layoffs, relocation, pervades J.P. Morgan’s tech team
J.P. Morgan’s London-based technology team is on edge. Following a series of redundancies in March, there are rumours of additional cuts to come soon and then again later in the year. “I left in...
View ArticleWhy you’re never too old to take the CFA, by the CFA Institute president
Paul Smith was installed as the president and CEO of the CFA Institute in January, having joined in 2012 to lead its growing Asia-Pacific business. He still runs his own hedge fund in Hong Kong, Asia...
View Article4 charts showing the best and worst places to work in banking in 2015
If you thought banks had stopped making redundancies, you were wrong. Some firms – Goldman Sachs, Credit Suisse and UBS – increased headcount in the first quarter of 2015. Overall, however, the...
View ArticleMorning Coffee: The cunning new career path for Hong Kong finance graduates
Are you a finance student or new graduate in Hong Kong? Do you want to look beyond traditional career choices like investment banking or equities trading? Commodities trading in Hong Kong may be...
View ArticleHow to write the perfect product control CV
Are you looking for a new job in product control and are you wondering how to craft your CV? While product control remains a must-have function, banks are offshoring some positions away from major...
View ArticleThe 50 market risk interview questions you need to anticipate
Market risk is one of the most interesting and complex areas of risk management. Defined by the European Banking Authority as, the risk stemming ‘from all the positions included in banks’ trading book...
View ArticleWhat it takes to work for Chris Rokos’ hot new hedge fund
Chris Rokos, the former Brevan Howard star trader, is in the process of launching his own hedge fund – and he’s been hiring. Unlike most start-ups, Rokos’ family office has a healthy headcount, and...
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