Barclays’ Asian staff will “struggle” to find new work as job cuts spread to...
Anxious investment bankers at Barclays in Hong Kong and Singapore are already calling headhunters following mounting speculation that the firm is planning extra job cuts in Asia. But most are being...
View ArticleThe absolutely perfect investment banking CV…
Putting together a CV for a front office job in sales and trading or investment banking can seem a futile and thankless task. – You spend hours crafting a document, only to find that recruiters spend a...
View ArticleIs Barclays delaying some 2015 bonus payments?
A new element has been added to the speculation over the size of this year’s bonuses at Barclays’ investment bank: timing. Bonuses at Barclays may be diminutive this year. They may also be delayed....
View ArticleMorgan Stanley just closed its base metals trading business as commodities...
Morgan Stanley has closed its London base metals trading business as headhunters say the bank’s commodities trading operation has been disproportionately hit by the layoffs in its fixed income trading...
View ArticleMorning Coffee: Now Morgan Stanley wants the same bankers in Asia as Credit...
Less than two months ago, Credit Suisse revealed its grand design for Asian private banking. The Swiss firm is going to add more than 270 new relationship managers (RMs) in Asia and it wants them to...
View ArticleWhat you need to know about getting a job at Blackrock in 2016
Asset managers haven’t had the best year, but this hasn’t stopped Blackrock president Rob Kapito from giving a bullish speech to investors at the Goldman Sachs Financial Services conference in New...
View ArticleHong Kong bonuses slashed as more bankers fear zero payments
Investment banks in Hong Kong, spooked by market turmoil in China, are set to slash their bonus pools and exclude more staff from any sort of bonus payment. Only Goldman Sachs and Citi are tipped as...
View ArticleThe best and worst jobs in investment banking in the US, UK and Asia
Investment banks are cutting once again. Fixed income traders, on the back of both reduced revenues and strategic decisions to exit business areas, are at the sharp end. Morgan Stanley is cutting 25%...
View ArticleSeven things you didn’t know about John Cryan’s plan for Deutsche Bank
John Cryan is shaking things up at Deutsche Bank. The very English new boss of Germany’s biggest bank has already ruffled feathers with his suggestions that bankers are overpaid and bonuses are...
View ArticleWhy you don’t want a new job in M&A now, by BCG
People have been calling the top of the M&A recruitment market for sometime now. Back in August, seasoned recruiters in London pointed out that M&A teams were raiding law firms for staff and...
View ArticleHow to succeed when you move from analyst to associate
If you’re an analyst or associate in an investment bank, you’re on the very lowest rungs of the ladder. You have many years and many thousands of hours to go before you can expect hit the really high...
View Article“Most bankers just don’t realise how stressful it is to work in fintech”
Dominic Gamble got his first taste of working in banking when he was only 16 – but by his early 30s he’d had enough of “all the paper work” and decided to leave the sector. Singapore-based Gamble is...
View ArticleMorning Coffee: The very best place to work in banking in 2016. Why women are...
Where must you work in investment banking if you want to have a really great time next year? Is it M&A? Is it fintech? Or is it, maybe, a combination of the two? – Yes. You probably don’t want to...
View ArticleFrom Goldman Sachs and back again, by way of a Russian SWF
In theory, if you leave Goldman Sachs you shouldn’t look back. Leaving the ‘firm’ is tantamount to disloyalty and those who depart rarely return. Which makes the case of Frederic Noirot-Nerin all the...
View ArticleWhy J.P. Morgan, BAML and Citi think 2016 will be a GOOD year for surviving...
2015 is ending badly for those who work in banks’ fixed income, currencies and commodities (FICC) businesses. Morgan Stanley is making 1,200 fixed income people redundant, 400 of whom are in the front...
View ArticleHow to get a job in a hedge fund now
As we reported earlier this week, Barclays’ prime services business has set about impressing its hedge fund clients with a very detailed report on how they can go about finding new talent. While hedge...
View Article12 tips for networking yourself into a banking job or promotion in Hong Kong
Banks in Hong Kong are in cost control mode – they are trimming bonuses and cutting senior roles. If you are looking for a new banking job in the city, or if you are hoping for a promotion, you will...
View ArticleCiti’s big US M&A beast is making ripples in London
If you’re an M&A banker, you need to be prepared to move around. Take Wes Walraven, currently global co-head of industrials at Citi. Walraven started his career with First Boston in New York in...
View ArticleJes Staley is breaking Barclays’ hiring freeze for this person
Do you have… – a Masters Degree in Economics, Business Administration, Finance, or a closely related field? Do you have… – three years of experience in real estate banking, or as an analyst or...
View ArticleHedge fund pay explained in one helpful chart
If you want a portfolio management job in a hedge fund, you might be wondering what your pay will look like when you get one. Helpfully, therefore, Barclays has produced the following chart. When you...
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