Why portfolio managers in hedge funds are always well-paid
Imagine you’ve had a terrible year. Your fund is underwater, you’re lagging the competition and 2015 is turning into a year to forget. In such circumstances, any bonus payments should be minimal going...
View ArticleBonuses for 2015, five charts from Morgan Stanley suggesting who will and...
Analysts at Morgan Stanley have just issued their prognosis about banks’ performance by sector for the final quarter of 2015 and the year as a whole. With bonuses only months away, performance in the...
View ArticleMorning Coffee: Stan Chart, DBS merger? Not so good for Singapore jobs
Nine years ago some banking commentators were pondering the benefits of a merger between Standard Chartered and DBS thanks to their common shareholder, Temasek. “Temasek is thought to be disenchanted...
View ArticleThe seven most annoying types of finance professionals in Singapore and Hong...
Recruiters in Hong Kong and Singapore are now busy meeting the financial professionals they hope to place into jobs when more vacancies open up next quarter. But as recruiters in the region prepare for...
View ArticleEarn £100k helping banks save money
Who’s most in demand in banks these days? Try anyone who can help them reorganize, achieve ‘operational efficiencies’ and prevent a repeat of costly mistakes of the past. In other words, think...
View ArticleHere’s how much you’ll be paid in private equity
Private equity pay is increasing and the buy-side has become the de facto vocation for junior investment bankers looking for a more secure career and an opportunity to earn big money as regulators...
View ArticleAre these really the best Masters in Finance courses in the U.S.?
Later this week, we’ll be releasing our updated rankings for the top Masters in Finance courses for careers in trading and elsewhere in investment banking. In the meantime, the hitherto unheard of...
View Article“Know what? Junior bankers today want more than the money”
So, Goldman Sachs is making analysts’ lives less boring, promoting them faster, and allowing them to rotate around different jobs in their third year. About time. For all the talk about analysts in...
View ArticleMorning Coffee: Behold the big bank now set to hire in Asia
First came the listing now comes the hiring. Shares in China International Capital Corp (CICC) enjoyed a strong start following the firm’s market debut in Hong Kong yesterday. And the coming months...
View ArticleThe new skills you now need to survive in private banking in Asia
As recently as five years ago most private bankers in Singapore and Hong Kong led a fairly comfortable existence – schmoozing clients while advising them on personal investments and family affairs. Now...
View Article10 people finance recruiters desperately want before Christmas, but can’t find
We’re not quite there, but we’re fast-approaching Thanksgiving in the US and the extended festive season in Europe. Hiring tends to quieten down as a result – now’s the time for taking stock and...
View ArticleThe truth about the hiring and firing at Brevan Howard
Brevan Howard’s bubble of invincibility has been pierced – after building up the ranks of traders and portfolio managers throughout 2015, the hedge fund has decided to swing the axe and remove around...
View ArticleHere’s how much Goldman, JPM, Deutsche and others pay their analysts,...
How much will you really earn working in a ‘front office’ job (eg. in M&A and sales and trading) in an investment bank in London? And do some banks pay more than others? Emolument.com the real time...
View ArticleMorning Coffee: The one Western bank you should work for in China?
It hasn’t been a great year for overseas investment banks in mainland China. As we noted earlier this month, just six foreign firms feature in the top-20 banks for China IBD revenue so far this year,...
View ArticleCiti to hire 750 grads and interns next year in boost to Asian intake
If you’re looking to start a 2016 graduate job or internship at Citi in Asia, now is the time to apply – deadlines across the firm’s various divisions are looming. Despite a turbulent six months in...
View ArticleThe perfect resume for consulting
If you want to break into a Big Four consulting division, or move into the likes of Bain or McKinsey, you need to make your CV all about tangible achievements. It’s all very well gaining the right sort...
View ArticleWhere the laid off high yield traders are finding new jobs, or not
Let’s just say that we called it. This time last year, we suggested that banks might be a little late in their zeal for hiring high yield traders. One year on, high yield traders are all over the...
View ArticleHow to get a banking job when you didn’t attend a top school or university
If you want to work for an investment bank, but you didn’t attend the sort of university investment banks like to hire from, your application will need to exceptional. Here’s what you need to know if...
View ArticleThis is what your accounting salary should be in Hong Kong
Are you an accountant working at a global bank in Hong Kong or a Big Four auditor trying to break into the banking sector? Either way, you’ll want to know how your salary stacks up against the market...
View ArticleMorning Coffee: Meet the European investment bank that quietly paid...
When it comes to outrageous bonuses in investment banks, it would be difficult to exceed the obscene bonuses paid at Lehman Brothers in 2007. Then, a bonus pool of $5.7bn was distributed among the...
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