One chart to rule them all: top banks for IBD by country
Which banks dominate the ‘investment banking division’ (IBD – M&A, equity capital markets and debt capital markets) landscape by country? If you thought it was all J.P. Morgan and Goldman Sachs,...
View ArticleA leap of faith? How to make it in Fintech
If the career switches of prominent Fintech CEOs are believed, there’s a fairly simple equation to getting into the sector – quit your banking job, use your own savings to get the new business off the...
View ArticleAnalyst pay in investment banks. The figures for 2015
How much should you expect to earn as an analyst in IBD for a ‘top tier investment bank’? In trading, the average London-based analyst earns £74k ($112k) according to figures published earlier this...
View ArticleThe cover letter template that will get you a job in banking
Do you need to write a cover letter if you’re applying for a job in banking? That depends. – Are you going for a graduate job, or are you an experienced hire? “For experienced roles, we rarely look at...
View ArticleMorning Coffee: Banks in Asia now hiring for ‘dull’ jobs
Recent market volatility has not been all bad news for Asian banking jobs. It has, for example, led to more work for Hong Kong wealth managers as rich mainlanders seek a safe investment haven in the...
View ArticleHow Chinese bankers are being locked out of Hong Kong jobs
Chinese financial services professionals looking for an opportunity outside of the mainland are more likely to turn to Hong Kong than London and New York these days, but visa requirements are becoming...
View ArticleTen job interview questions that Singaporean banks are bound to ask you
You’ve clocked up a few years’ experience at a global bank in Singapore and you’re looking for your next job. You’re also now seriously considering moving to one of your city’s three home-grown banks,...
View ArticleMeet Morgan Stanley’s 2015 markets analyst class
Investment banks advisory functions invariably attract elite students with multiple internships under their belts, impeccable academics and the all-important extra-curricular activities to set...
View ArticleStandard Chartered’s MD dump should strike fear into senior staff at Deutsche...
Standard Chartered’s layoffs have gone from bad to worse. Two weeks ago, Bloomberg reported that the bank was cutting 250 of 1,000 managing directors. Today, Reuters reports that the bank is actually...
View ArticleMorning Coffee: An emerging boom for Hong Kong bankers?
Some financial professionals in Hong Kong have managed to capitalise on China’s stock market rout – cash management and wealth management folks have been kept busy in the city. But there has been...
View ArticleRecruiters in Hong Kong help old, stressed traders into risk jobs
It’s been a stressful year so far for equities traders in Hong Kong – first Standard Chartered cut about 100 jobs in the territory as it shut down its equities division, then came huge plunges in local...
View ArticleThe 15 best-paying hedge funds in the UK
If you want to move into a trading role that continues to pay well, hedge funds remain a tempting place to base yourself. While regulators crack down on investment banks’ pay, hedge funds are –...
View ArticleEverything you need to know about Tushar Morzaria. – Soon to be CEO of Barclays?
The clock is ticking at Barclays. Ever since Antony Jenkins was dispensed with in July, there’s been speculation about who chairman John McFarlane would choose as Jenkins’ replacement. Now, senior...
View ArticleFour reasons to work for M&A boutique Greenhill & Co. in Europe
If you’re casting about for a top M&A boutique to send your CV to, you could do worse than Greenhill & Co.’s European business. The firm’s limited liability partnership in London just reported...
View ArticleJunior bankers’ working conditions are as bad as ever. I should know
Investment banking is not an easy career choice. As someone who’s spent the past few years working as an analyst in a US investment bank, I can testify to this based upon harsh personal experience....
View ArticleSix ways to leave the Big Four and land a brilliant Asian banking job
You work for Deloitte, EY, KPMG or PwC in Asia, but really you want to work for an investment bank. If you’re a Big Four auditor in Hong Kong or Singapore, there’s always the easy option of taking an...
View ArticleMorning Coffee: US IBD professionals take charge at Barclays. Teenagers who...
It probably won’t be Trushar Morzaria after all. Barclays has yet to announce the identity of its new CEO but the Financial Times reports that the shortlist was whittled down to two people and that the...
View ArticleThe most (and least) stressful jobs in banking and finance
If you work in an investment banking division (IBD), or pretty much any other sector of financial services, you are likely spend a healthy part of your day dealing with career-related stress. The...
View Article10 things you didn’t know about Jes Staley (and may need to)
Jes Staley will be the new CEO of Barclays. The BBC says so, and the BBC is the oracle when it comes to events in the UK. Everyone knows a little of Jes’s backstory: that he spent 34 years at J.P....
View ArticleWhen clients tell bankers to quit their jobs for family offices
Mega wealthy Asians are increasingly demanding that their private bankers quit their jobs and manage their money from family offices in Singapore and Hong Kong. “There is a growing need for family...
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