Why are all these juniors leaving HSBC’s IBD business?
If HSBC’s IBD business were a bucket, it might not have much water around the bottom. It’s come to our attention that plenty of HSBC’s investment banking juniors have been leaving, often for large US...
View ArticleMorning Coffee: Are Asian bankers more aggressive and ambitious than European...
When European private banking bigwigs visit Asia they typically moan about talent shortages rather than praise the quality of relationship managers (RMs) already plying their trade in the region. But...
View ArticleTough targets and “suffocating” compliance stresses push Asian bankers to the...
Private bankers in Asia might be in demand, but onerous revenue targets and the tightening burden of compliance is pushing many to ever-higher levels of stress. Relationship mangers (RMs) at private...
View ArticleMorning Coffee: Barclays faces stiff competition in battle for cross-border...
Barclays is looking to hire more corporate bankers with international expertise in Singapore and Hong Kong, but finding new recruits won’t be straight forward – plenty of other banks want similar...
View ArticleChinese investment banks in HK threaten bonuses cuts despite record revenues
Investment bankers at global firms in Hong Kong have been lured across to Chinese banks on false promises. Headhunters say Chinese investment banks raised bonuses expectations in order to poach more...
View Article6 jobs that tell you everything about banks in 2015
We’re in the quiet period: the dead months of deep summer when managing directors are on holiday and vice presidents are given a taste of power, when recruiters are on month long Starbucks sabbaticals...
View ArticleMorgan Stanley has been doing a lot of hiring from other investment banks
If you want an indication of which investment bank is among the most appealing currently, the firm that’s poaching from its rivals is a good indication. That bank in the past month is Morgan Stanley....
View ArticleDeutsche Bank released this chart suggesting UBS isn’t so great after all
If you thought UBS was special, prepare to be disappointed. Deutsche Bank’s banking analysts have just released a chart suggesting that UBS’s investment bank isn’t quite as fancy as we might have...
View ArticleWhy banks are about to start hiring associates instead of VPs
If you talk to investment banking recruiters in London and on Wall Street, they’ll tell you the same thing: vice president (VP)-level hiring has made a comeback this year. After neglecting to train-up...
View ArticleMorning Coffee: Singapore banks suffer skill shortage within a skill shortage
If it wasn’t hard enough for private banks to hire relationship managers in Singapore, now they are finding it equally difficult to convince compliance professionals to join their ranks, reports...
View ArticleHong Kong vs Shanghai: which offers the best lifestyle for a young banker?
Hong Kong is long seen as the de facto financial centre in the Greater China region. Yet as China continues opening up its capital market, Shanghai is quickly catching up as a potential contender. So...
View ArticleThe most desirable finance jobs in Singapore and Hong Kong now
If you thought it was tough to get a front-office job in the Asian finance sector, try finding one in information technology or accounting. The number of rival candidates clamouring to work in these...
View ArticleFintech is red hot, but taking a job could be a big risk
Fintech is the career du jour; the chance for frustrated bankers to escape the hamster wheel of a finance job and go it alone in a related but more dynamic vocation. But joining a start-up is not...
View ArticleBarclays vs Nomura: hiring, firing, strategy and pay
Barclays and Nomura are adoptive parents to children of the same fractious family: both acquired parts of Lehman Brothers and both used their acquisitions to bolster their investment banking presence...
View ArticleThe dark art of networking your way into Goldman Sachs
While the rest of the world, including Google, has decided that Google+ isn’t its social network of choice, Goldman Sachs has fully embraced the platform’s ‘hangouts’ facility and is running a series...
View ArticleMorning Coffee: Deutsche suggests DCM jobs are good long-term bet in Asia
China has frozen the market for new equities listings, while Asian debt capital markets (DCM) fees fell 35% year-on-year in the first half of 2015. In the current climate, a career in mergers and...
View ArticleShould you move banks with your boss? 10 tips to help you decide
You like your banking job. You like your boss. Then suddenly your manager joins another firm and wants to take you with them. Banking professionals in Asia are increasingly receiving job offers from...
View ArticleDeutsche Bank’s ex-corporate finance head joins Swiss boutique
Edward Chandler, a veteran Deutsche Bank investment banker who until recently was chairman of its corporate finance business, has re-emerged at boutique Swiss investment bank Soditic. Chandler...
View ArticleRising pay and tumbling front office headcount at Deutsche Bank
Deutsche Bank’s second quarter results are out and, like both its U.S and European rivals, its investment bank has done rather well. CEO John Cryan will be hosting a conference call at 2pm GMT – this...
View ArticleRBS trims 400 investment bankers and cuts pay
While investment bankers at the likes of Morgan Stanley and J.P. Morgan will have been relatively encouraged by their firms’ recent results, those at Royal Bank of Scotland are still facing falling...
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