Morning Coffee: It’s suits vs hoodies as DBS battles to become a fintech...
Can a bank really offer a workplace culture similar to a fintech start-up? DBS is at least trying. Tan Su Shan, the firm’s head of consumer banking, recently flew out to Silicon Valley to arrange a...
View ArticleHow to ace an internship at J.P. Morgan and secure a full-time job offer
If you’re in the throes of a summer internship at J.P. Morgan, or if you’re planning to intern at the US bank in the future, you need to know how to stand out from your cohort – almost all of whom are...
View ArticleFive exciting new UK finance firms that could hire you
If you’re looking for a route out of a large financial services organisation and into a boutique organisation, it’s best to keep your ear to the ground. Every month, hundreds of new financial services...
View ArticleGoldman Sachs pay is falling fast. Here’s why
If you go to work for Goldman Sachs, you’ve probably got one eye on the amount you’ll be paid. After all, Goldman Sachs pays well: in 2014 its average employee earned $379k (£243k). Pay at Goldman is,...
View ArticleMorning Coffee: Revealed – the silver lining for anxious investment bankers...
China’s freeze on initial public offerings – regulators halted 28 IPOs earlier this month in response to the stock market rout, without providing a resumption date – wasn’t the best news for investment...
View ArticleWhy John LeFevre of GSElevator is wrong about today’s expat bankers in Hong Kong
John LeFevre, creator of the infamous @GSElevator Twitter feed, has now got round to writing a book – and the former Hong Kong resident paints a dubious picture of expat bankers in the territory....
View ArticleWhere are ex-employees of flopped Goldmanite hedge fund working now?
As alluring as it appears, quitting investment banking for a hedge fund can be a perilous affair. Two thirds of all hedge funds ever to exist have closed, and even well-established firms can quickly...
View ArticleDeutsche Bank just issued this ominous forecast for UBS’s FICC business
Surprise! Fixed income currencies and commodities (FICC) traders didn’t have a great second quarter. At Goldman Sachs, FICC revenues fell 28% year-on-year in the second quarter what with ‘unhealthy...
View ArticleThe best industry for swapping into banking mid-career
If you don’t beat the exemplary candidates to get into banking first time, you might be inclined to give up on your financial services fantasy. After all, there are other jobs out there where you won’t...
View ArticleMorning Coffee: Robots won’t replace finance jobs, says senior Singapore...
Research analysts in Asia may be in demand right now, but they may also be fearing about the longer-term future of their jobs. Computers and algorithms have already taken over some of the traditional...
View ArticleAs IPOs freeze, M&A bankers emerge as the new hot property in China
Equity capital markets bankers and research analysts may not be fearing for their jobs in the wake of the Chinese stock market rout and subsequent IPOs hiatus, but they’re no longer the belles of the...
View ArticleWhy I ditched my lucrative Asian investment banking job to help struggling...
When bankers in Asia quit banking jobs they tend to flock to family offices or other less stressful parts of the finance sector. Or they pursue their passions – from Pilates studios to music schools –...
View ArticleThe ten top financial services-specialist headhunting firms in London
You want a job in banking, but you don’t intend to apply for it. You want to be pursued. You want to be called up by a headhunter/executive search firm which appreciates your special talents. Whose...
View ArticleSeven things you should know about Morgan Stanley’s impressive Q2 results
Morgan Stanley is the latest large U.S. investment bank to release its Q2 results. Relatively speaking, its results are very good. Here’s what you need to know. 1. Morgan Stanley’s fixed income...
View ArticleHow to become a top ranked analyst in an investment bank
Schools and universities are already out for the summer, but junior investment bankers are only just about to get their report cards, and they have very good reason to hope they get top grades. “You’re...
View ArticleMorning Coffee: Banks in Asia tipped to “treble” compliance teams
There’s an IPO freeze in force in China and global investment banks are still struggling to make money on the mainland. If the rainmakers are now less busy then surely banks in Asia can slow down their...
View ArticleHong Kong is no panacea for panicked Chinese bankers
Anxious bankers in mainland China are seeking the security of a job in Hong Kong as China’s stock market continues to tank. But relocating for this reason right now would be reckless and bankers should...
View ArticleHow junior investment bankers are telling each other to dress
The new investment banking analysts are arriving. We have it on good authority that new analysts started at Nomura this week, following on from the classes of 2015 joining the likes of Goldman Sachs,...
View ArticleDo you have the mental toughness to work in banking?
When it comes to psychological resilience, it seems trite to compare the mental challenges of a finance career with those of a first responder, but experts suggest there are parallels. “There are some...
View ArticleAre Barclays’ investment bankers about to report a horrible quarter?
What’s been happening at Barclays’ investment bank? We’re asking because the bank has just replaced its EMEA head of M&A and Chirantan Barua, senior analyst at Bernstein Research, has put about a...
View Article