The best Hong Kong banking jobs for a big pay rise
If you want a Hong Kong banking job where big pay rises are still likely despite China’s stumbling economy, try becoming a…contractor. We’ve looked at maximum 2016 annual base salaries for VP-level...
View ArticleUBS hiring fixed income salespeople from Barclays and Credit Suisse
Credit Suisse is letting people go. So too is Barclays – albeit mostly in Asia. UBS, however, is hiring. London recruiters say UBS has been scooping up fixed income professionals from other banks. In...
View ArticleThe most freakish questions banks asked graduates this year
What will you be asked when you attend an interview for a graduate (analyst) job in an investment bank? Alongside the standard fare about what inspires you, what your weaknesses are, and where you plan...
View ArticleCredit Suisse said to have approached Zurich headhunter to replace Tidjane...
Tidjane Thiam is not leaving Credit Suisse. The Swiss banking boss has made this abundantly clear in recent days with categorical denials that he’s planning to replace Christine Lagarde at the...
View ArticleThe 10 worst career decisions that junior bankers make
Everyone makes blunders early on in one’s career, even those professionals who eventually rise to the top. Here are the most common lapses in judgement and just plain-old poor decisions that junior...
View ArticleThe small investment bank doing some big hiring in 2016
While the rest of the investment banking world frets about whether MiFID II could mean an influx in demand for quality equity research or yet another bloodbath of analysts, German bank Berenberg has...
View ArticleFabrizio Gallo is no longer a director at BAML in London
Fabrizio Gallo, global head of equities at Bank of America Merrill Lynch, is no longer a director at the bank’s European subsidiary. According to a filing with Companies House, Gallo was terminated as...
View ArticleJamie Dimon needs to earn less, or J.P. Morgan bankers need to earn more
Jamie Dimon is not doing too badly. Last week, the chairman and chief executive of J.P. Morgan was allocated a 35% pay rise for 2015. This was his first hike for two half years, but Dimon’s previous...
View ArticleWhich bank pays the highest severance package?
Investment banks are making plenty of redundancies. If it’s not Credit Suisse, it’s Barclays. If it’s not Barclays, it’s Morgan Stanley, or Goldman Sachs, or Deutsche Bank. Almost everywhere is cutting...
View ArticleMorning Coffee: The mysterious future of Hong Kong ECM bankers
If you work in equity capital markets (ECM) in Hong Kong, you appear to have short and long-term reasons to be positive about your career prospects. Your city was the top destination for initial public...
View ArticleWhat we already know about Asian bonuses at Goldman, JPM, BAML, MS, Deutsche,...
Bonus season will soon begin in earnest in Hong Kong and Singapore. But while most investment banks will actually make their payments after Chinese New Year, a few firms have either already paid out or...
View ArticleExit options for investment banking sales staff as cuts take hold
It’s not just traders who are facing the axe as automation and restructuring in investment banking takes hold. With banks pulling out of certain business areas, or deciding to focus on big clients who...
View ArticleA detailed breakdown of Morgan Stanley’s 2016 managing director promotions
Morgan Stanley has just unveiled its latest managing director promotions for 2016. Unlike Goldman Sachs, the list is not replete with millennials – most new promotions have been with the bank for many,...
View ArticleStrange commodities promotions at Morgan Stanley
Despite cutting 25% of its headcount in fixed income trading, Morgan Stanley has shifted the balance of power towards its markets business in the latest round of managing director promotions. More...
View ArticleAre you good enough for Goldman Sachs or J.P. Morgan now?
If you want a big name bank on your C.V., Goldman Sachs and J.P. Morgan are still your best bet. The most recent league table from finance data company Coalition shows J.P. Morgan ranking first for...
View ArticleBlackrock, Aberdeen and J.P. Morgan: hiring more, and paying less
Large asset managers have committed to hiring hundreds of new staff over the course of 2015, but a gloomy end to the year – combined with increased competition and ongoing asset outflows – means that...
View ArticleWomen in finance are doing it all wrong
Where are the women? Not on the trading floor (even though they make better traders). Not in hedge funds. Not in private equity, and not in investment banking generally. Unsurprisingly, they are also...
View ArticleMorning Coffee: Bank hires in Singapore as others cut back
As major firms like Barclays, Deutsche Bank and Standard Chartered trim their teams in Asia, the occasional firm is looking to pick up talent. Swiss duo Credit Suisse and UBS both plan to hire hundreds...
View ArticleThe best 30 overseas universities for getting a junior banking job in Singapore
You want a junior finance job in Singapore, but you didn’t study there. Which foreign universities are proving the most popular with banks who’ve been hiring 20-somethings in the city state? We trawled...
View ArticleCredit Suisse’s Dublin move just demonstrated which jobs are safe
Staying in London if you want to work fro Credit Suisse has become a lot harder. For a start, it’s moving 2,000 jobs outside of the UK capital, largely in the back office and now its plans to open an...
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