Brevan Howard paid its senior staff $3m in 2015, cut employees elsewhere
2015 was not a good year for Brevan Howard. Assets under management shrunk by 11%, performance was down and it axed 70 staff – admittedly, primarily in the back office – in November. The $24.8bn hedge...
View ArticleNine investment banking jobs that tell the story of 2016
Will 2016 be a duff year for investment banks’ recruitment? After all, 2015 ended with both the promise of further cost cutting and reports of an indefinite hiring freeze at Barclays. Nonetheless,...
View ArticleThe ideal banker: an academically average frat boy
Once upon a time, banking was seen as a career for second sons of wealthy families who needed a lucrative but undemanding profession. Theoretically, that all changed with the arrival of complex...
View ArticleMorning Coffee: Barclays bankers in Asia pray for busy bonus season
Barclays looks set to announce some of its Asian investment banking job cuts next week – and those affected may have to rely on post-bonus musical chairs at other banks to find new work. Reuters...
View ArticleSix front-office banking jobs in Asia that you can get before Chinese New Year
Banks in Asia may be gearing up for the (comparatively) busy hiring period after Chinese New Year, but right now vacancies – especially front-office ones – are thin on the ground. If you are looking to...
View ArticleEquitable restructuring boutique pays an average of £289k per head
Working for a hedge fund or boutique firm can be a lucrative option. Hedge funds like Brevan Howard and boutiques like Centerview pay their staff quite astronomical amounts. However, those mega-sums...
View ArticleResume keywords bankers must include – and those they should avoid
While many candidates have a ‘set-it-and-forget-it’ attitude to their resume, as the initial screening tool for most roles, the quality of a CV can make or break your application. Filling your resume...
View ArticleJ.P. Morgan’s 14 predictions for investment banking revenues and jobs in 2016...
Will 2016 bring a resurgence in banking jobs and banking revenues? Nope. – Not according to the European banking research team at J.P. Morgan, led by Kian Abouhossein. Abouhossein and colleagues have...
View ArticleCitadel hiring equities professionals from Goldman Sachs and Brevan Howard in...
Looking for an equities-related job at a firm in London which attracts people from ‘top-tier’ institutions? You could do worse than applying to Citadel. It’s a) hiring and b) hiring from some pretty...
View ArticleMorning Coffee: The Hong Kong bankers set to lose out to China this year
Equity capital markets (ECM) has been one of the best places to work in Hong Kong banking over the past 12 months. Hong Kong claimed a 15.7% market share of global initial public offering (IPO) funds...
View ArticleHow I got to the top in global finance by working in transaction banking
If you think investment banking offers the only route to forging an dynamic international career in finance, don’t tell Russell Graham. The Englishman, who now runs a consultancy in Thailand, has...
View ArticleGoldman Sachs and Credit Suisse increased UK headcount most last year
If you were asked to name the banks that increased staff in the City of London most last year, chances are you wouldn’t settle upon Credit Suisse. However, the Swiss bank hiked UK registered headcount...
View ArticleThese are the jobs you’ll really do when you’ve passed CFA I, II and III
Will passing the extremely laborious CFA Institute exams really make much difference to your finance career? While headhunters are equivocal on the subject, the eFinancialCareers resume database...
View ArticleThis is was Colm Kelleher’s pay last time he got an expat package from Morgan...
Colm Kelleher is doing pretty well at Morgan Stanley. The Irish-born accountant, described as “gregarious” by the Wall Street Journal and the “ultimate survivor” by the New York Times, has vanquished...
View ArticleMorning Coffee: Asian equities jobs rout isn’t over yet
If you thought 2015 was a bad year for Asian equities jobs, 2016 may bring cuts on a similar scale. To recap, all of these firms trimmed equities staff in Asia last year, with Hong Kong particularly...
View ArticleHow to prepare now for a job search after Chinese New Year
Welcome to January – the dead zone for recruitment in Hong Kong and Singapore. Although banks are still advertising urgent (or old) vacancies right now, most of their hiring will happen after Chinese...
View ArticleThe 11 questions you will always be asked during a financial services interview
If you’re interviewing for a financial services job, you will of course be quizzed on technical expertise specific your role. Obviously, a risk management professional will not be asked the same...
View ArticleCapula Investment Management pays boss $34.2m, increases pay and staff
Capula Investment Management paid its managing partner Yan Huo £23.4m ($34.2m) in 2015 – nearly £6m more than 2014 – after profits at the partnership increased by 17.6% over the past year. Capula,...
View Article20 non-stressful London banking jobs which pay £100k+
Which London-based banking jobs will pay you a six-figure salary without rendering you inert after working 80-hour weeks? To the extent that any job paying £100k or more is ‘stress free’, recruitment...
View ArticleI moved from the back to the front office. Here’s how you can too
So you are currently working in a back office role, but you want to make the move to the front office? Perhaps you’re looking for a new challenge? Or maybe you always wanted to work in the front...
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