Antonio Polverino has been quietly hiring investment bankers
Around this time last year, Antonio Polverino – the star banker given the last, big golden hello by Royal Bank of Scotland after it had been bailed out by the UK government – started his own firm,...
View Article21 top gripes of investment banking interns
To intern at an investment bank these days is to drink the corporate Kool-Aid. Successful interns go in with their eyes wide open, knowing that 10 weeks of long hours and potentially menial work could...
View ArticleMorning Coffee: Want an Asian hedge fund job? Brush up on your Mandarin,...
Now would appear to be a good time to be contemplating a move into Asia’s hedge fund sector. The region’s hedge funds increased their assets to a record US$177bn in May, according to Singapore-based...
View ArticleReal life survival tips for Western bankers in Hong Kong
Although its sovereignty was returned to China in 1997, Hong Kong has largely managed to maintain its status as a diverse and international city. Its status as a regional financial centre has continued...
View ArticleHow clunking banking tech systems drove two financiers to a fintech start-up
The finance careers of Daniel Chia and Cynthia Siantar were chugging along nicely when in September 2014 they decided to quit the sector and co-found a fintech firm in Singapore. Both had reached the...
View Article22 investment banking operations interview questions you need to know
The term investment banking operations encompasses a broad range of activities that ensure the bank processes and settles its trades. Back office roles have been transferred to ever cheaper locations –...
View ArticleBanking interns have had their pay revised upwards
How much will you earn as a banking intern in London this year? Quite a lot, actually. Front office interns at leading banks in the City of London say they’re earning “close to £1k” ($1.6k) a week for...
View ArticleClik here to view.
9 reasons why you can’t find a finance job this year
You’re looking for a new finance job and you can’t find one. This might have something to do with the poor state of your banking CV. Or it might have to do with external factors entirely beyond your...
View ArticleMorning Coffee: Eight things to know about overseas jobs at Singaporean banks
If you want a job at a Singaporean bank you increasingly have more options outside Singapore itself. As we reported in April, more than half of DBS staff are now based overseas and Broker KGI Fraser...
View ArticleAre these the only Masters in Finance courses that matter?
So you’re thinking of forking out tens of thousands on a Masters in Finance? Fair enough, but whilst most Masters in Finance courses are expensive, not all Masters in Finance courses are equal. How can...
View ArticleInvestment banking analysts in China are flooding out to private equity
Investment banks in Hong Kong are facing a severe shortage of junior talent as up to 80% second year analysts have left bulge bracket firms for jobs in private equity this year. “I joined this bank two...
View Article13 terrible clichés to avoid when describing yourself on a CV
Unless you have the literary skills of James Joyce, using your CV as a platform for self-promoting phrases is likely to fall into the category of cliché and could do more harm than good. However...
View ArticleThe 30-something bankers are not alright
Life is tough when you’re a 22 year-old analyst working through the night. But life could be tougher when you’re a 31 year-old VP with three 22 year-old analysts working nights for you. Just because...
View ArticleSenior bankers are still departing Barclays’ investment bank
Barclays is in the midst of a redundancy programme in investment bank that will see 7,000 people go by the end of this year. Managing directors (and directors) were particular targets for cuts as...
View ArticleClik here to view.
Horror of the new UK bonus rules
The Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) are introducing new bonus claw back rules. Bankers in the City will never be able to spend in the same way again. For...
View ArticleMorning Coffee: Rise of the hybrid IBD/commercial banking job in Asia
Led by UBS and Credit Suisse, banks in Asia have recently been trying to better link their wealth management and investment banking arms to give entrepreneurial private clients easier access to M&A...
View ArticleWhat it takes to become a risk manager
Risk managers have been in demand within investment banks since the financial crisis, as an influx of new rules and more intrusive regulators have forced firms to staff up. But how do you become a risk...
View ArticleStandard Chartered paying up to $150k over the odds for support staff in Asia
Standard Chartered is paying a lot for its senior back and middle-office employees in Singapore, whose earnings can eclipse those of counterparts at rival firms by up to $150k (US$112k). But the bank’s...
View ArticleIs Deutsche Bank now overpaying its junior bankers?
Has Deutsche Bank gone too far? We’re just asking, because following our revelation that the German bank finally increased junior salaries by up to 35% two months ago, a new pay snapshot suggests the...
View ArticleWhere you will find the highest salaries in compliance
Want to earn a giant salary in compliance? Work for an investment bank in a ‘compliance advisory’ unit. Want to earn giant pay in compliance? Go for a hedge fund that’s offering a percentage deal – and...
View Article