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Deutsche 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...
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Why 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...
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Morning 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...
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Why I left my banking job in London to start a small hotel in China
As China continues to develop and open up its financial system, an increasing Chinese bankers working overseas are considering a move home for better career prospects. Yet some are going back for other...
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Moving from the back office to the front office in investment banking: what...
Moving from the routine of a back office banking role into the ‘glamour’ of the front office seems like a pre-crisis dream. What was once a hard slog for legions of accountants and operations...
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Morning Coffee: Where to find work within the world’s strongest bank
Hong Kong’s Hang Seng Bank has topped Bloomberg Markets’ ranking of the world’s strongest banks for the second year in a row. As its parent company HSBC continues to reduce costs globally after...
View ArticleBNP Paribas moves Germany head to Vietnam, Jefferies leaking bankers in Asia
If you’re looking for new job opportunities in the Asia-Pacific financial services job market, it’s good to know who’s moving at the top. In the first of our weekly round-up of people moves in the APAC...
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Why UBS and Credit Suisse aren’t offering big money to hire Asia’s best bankers
UBS and Credit Suisse are both all about Asian private banking right now. They need to hire more relationships managers (RMs) in Asia as they focus on capturing more assets from the region’s...
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Deutsche Bank hedge fund start-up consumed by larger rival
Two former Deutsche Bank managing directors, who started their own credit-focused hedge fund in 2013, have now joined Numen Capital in portfolio management and business development roles. In what looks...
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Man passes CFA level I as wife goes into labour
Everyone has their own techniques for improving their chances of passing the CFA – some people wear roller blades to the exams, others get the blood flowing with push ups. But considering the...
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The cut-throat world of investment banking analyst programmes
In a cross between a Darwinian experiment and crash-course in corporate brown-nosing, first year analysts in investment banks in the City have been competing against one another for the plumb front...
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HSBC’s six stage job annihilation checklist. Would you survive?
HSBC is the latest bank to divulge its second quarter results. The investment bank (global banking and markets) hasn’t done very well: net income fell 21% year-on-year at GB&M in the second quarter...
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Why we left our analyst jobs at Goldman Sachs. And what we learned from them
Nina Faulhaber and Meg He are founders of ADAY, a new website boasting, ‘slick clothes for active women.’ Previously, they both worked for Goldman Sachs in London. We spoke to them about the Goldman...
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How to use an MBA to get a job at Goldman Sachs, J.P. Morgan, or Morgan Stanley
It’s not as easy to ‘leverage’ an MBA and end up with a job in an investment bank as it was. These days, banks hire fewer MBAs than they used to, particularly into sales and trading roles. They also...
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So, this is what Tom Hayes’ former assistant at UBS is doing now
Now that Tom Hayes has been remonstrated for ‘succumbing to temptation‘ and sentenced to 14 years in prison for rigging LIBOR, we suspect some of his former colleagues might be feeling a little...
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Morning Coffee: Why banks are firing, not hiring, in Singapore M&A
“Nobody’s hiring in M&A in Singapore right now – it’s quiet,” a headhunter in the city state told us yesterday. And for good reason – Southeast Asia targeted M&A volume totals US$31.6bn so far...
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From investment banking to the buy-side and back again
The flow of investment bankers towards the buy-side in China – which was causing such headaches for sell-side firms in the region – is showing signs of reversal. Analysts hoping to escape long hours...
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Singaporean banks on hiring spree as salaries soar
Singapore’s three local banks have been on a hiring spree. DBS, OCBC and UOB collectively boosted their global headcounts by 5,987 people over the past year and their per-head staff costs also shot up,...
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New high frequency trading firm cuts pay and headcount
The European arm of KCG Group, which was formed by the merger of high frequency trading firm Getco and Knight Capital Group, is continuing to run at a loss and has cut pay and reduced headcount in its...
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How safe is your finance job now?
Surprise! If you work in banking, 2015 isn’t turning out as well as it might have. After a promising start, banks are in a new period of flux. It’s all about efficiency and strategic change and the...
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