Is Dixit Joshi promoting ex-Barclays colleagues at Deutsche?
Dixit Joshi’s departure from Barclays for Deutsche Bank is now five years old. But the movement of Barclays people to Deutsche, and their ascension to senior positions under Joshi is still pretty...
View ArticleBanks are hiring lawyers for junior M&A roles. And that’s bad news
While law is an established route into M&A on Wall Street, in London it’s less common. City banks’ first port of call when they need to hire extra M&A bankers is usually accounting firms:...
View Article14 things you must never wear to work in an investment bank, no matter the...
Banks’ attempts at stipulating dress codes for employees have a tendency to fall flat. After the hilarity surrounding Nomura’s attempt at banning ‘gay colour nail polish’ and skirts with a ‘deep slit...
View ArticleMorning Coffee: Is Asia’s safest banking job no longer looking so secure?
Ever since the global financial crisis international banks in Asia have been trying to eke out a steadier income by boosting their trade finance divisions. As a result the sector has enjoyed high...
View ArticleMorgan Stanley, Goldman interns describe incredible ‘humility’,...
Internships in investment banks are like summer camps for high-achieving insomniacs. Such is interns’ eagerness to work ridiculously hard that banks like Goldman Sachs have been compelled to introduce...
View ArticleGoldman Sachs hires head of hedge fund sales from Deutsche Bank
Goldman Sachs has taken advantage of the exodus of senior investment bankers from Deutsche Bank by hiring a new head of hedge fund sales. Nohshad Shah, who was previously a managing director and head...
View ArticleNomura has wiped out a load of credit traders
If you remember Nomura’s results, you’ll remember that the Japanese bank’s fixed income currencies and commodities (FICC) trading division, which was once doing so, so well, suddenly isn’t. Fixed...
View ArticleI challenged my VP after being asked to do pointless work
In the summer of July 2008, just as the financial crisis began ramping up to a whole new level, Dave McGeady, was surfing on the south west coast of France. “I bought a camper van and I drove down to...
View ArticleMorning Coffee: Yes, inflated salaries are key to hiring in Asia, admits...
Countless private banks have talked up their plans to hire more relationship managers in Asia this year – from Canada’s BMO (which has just 20 RMs in the region), to UBS (which employs around 1,200)....
View ArticleThese are the hot jobs at expansive Chinese securities firms
2015 is a year of IPOs for Chinese securities firms. In the first half of year, a number of local firms already floated, mostly in Hong Kong. They include GF Securities, Huatai Securities, Guolian...
View ArticleHow Singapore built a global financial centre: an SG50 interactive timeline
If you’re working in Singapore today you’re no doubt already aware of why the city state can be great place to work in finance: it has a stable economy, a strong regulatory framework and an established...
View ArticleSeven £200k+ jobs which banks need to fill right now
As we move towards the dog days of summer, there’s a very real chance that hiring could become firing at the investment banks of the world. Nomura’s evisceration of credit traders is a likely prelude...
View ArticleGoldman Sachs has been hiring a lot of juniors from other investment banks
You’ve got a couple of years’ investment banking experience under your belt and Goldman Sachs comes knocking – do you make the move across? For an increasing number of analysts who have gone through...
View ArticleMore Nomura exits named, amidst claims that some are on holiday
Names are slowly filtering out following Nomura’s unexpected dismissal of 60 people from its London fixed income trading division yesterday. Bloomberg already reported the exits of several senior high...
View ArticleHow much will you earn with a CFA Charter?
Today is CFA Level III results day. The pass rate was 53%, lower than the 54% from last year, but higher than the 49% from 2013. As anyone with any knowledge of the CFA Institute will know, simply...
View ArticleMorning Coffee: More Asian bankers to fall for irresistible allure of...
Earlier this year – before China’s stock rout, IPO freeze and currency devaluation – mainland investment bankers were increasingly deciding to take up advisory positions within expansionist private...
View ArticleWhat interviewers really want to know in private banking interviews
If you’re a successful private banker the potential job opportunities on offer should make you the envy of those in other parts of the finance sector. Private wealth is growing globally and in Asia...
View ArticleInvestment banking bonuses 2015 – best and worst case scenarios
When people in the banking industry wonder about their bonuses, they do not turn to Paul the Octopus or to a Ukrainian pig that can see into the future, but to Alan Johnson, a compensation consultant...
View ArticleThe 12 people Wall Street wants to hire for the rest of 2015
We are entering the dead zone for financial services recruitment. First comes the lull during the summer when key-decision makers are off on vacation, then there’s the final quarter where more thought...
View ArticleGoldman Sachs wants someone to help build data-led ‘worker profiles’
Ever since Bloomberg reported back in May that J.P. Morgan is employing algorithms to predict employee transgressions, it’s become apparent that big data has inveigled its way into investment banks’...
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