The top 10 companies finance professionals want to work for
More financial services professionals want to work for Goldman Sachs than any other organisation, according to the 2016 eFinancialCareers ‘Ideal Employer’ rankings. In a survey of over 6,500 financial...
View ArticleMorning Coffee: J.P. Morgan’s new way of keeping juniors happy. Bridgewater...
Keeping 20-something employees contented is a thing. Goldman Sachs upped the ante late last year with its accelerated promotions for analysts in its investment bank. Now J.P. Morgan has thrown down a...
View ArticleSenior London credit trader demonstrates art of switching jobs in this market
Now’s not a good time to work in credit trading. After a dreadful 2015, most banks aren’t hiring. Nor are hedge funds. If anything, both are firing – BlueCrest reportedly just let go of both Daniel...
View ArticleLondon banks have started letting go of juniors in IBD
It has begun. After years in which junior investment bankers were as hot as jalapeño peppers, the market has turned. Investment banking division (IBD) recruiters in London say analysts and associates...
View Article9 things every junior investment banker needs to know about working in...
Junior investment bankers don’t go into the industry for the glory. Those days are behind us and most are posing existential queries about life, career and purpose now more than ever. A typical...
View ArticleThe worst job interview questions Wall Street hiring managers ask – and how...
Financial services firms’ hiring managers aren’t perfect. Even the ones with the most experience conducting interviews will occasionally ask a question that is just plain bad, whether it be deceptive,...
View ArticleSo you think you know how to use a Bloomberg terminal? Take this test
It’s a measure of the importance of Bloomberg trading terminals, that when they went down in April 2015, the market was thrown into a panic. “Bloomberg being down has finally made me understand how...
View ArticleMorning Coffee: The other disaster unfolding at Deutsche Bank. 35 year-old...
Simon Adamson, banking analyst and CEO at independent research firm Creditsights, has a lot to answer for. Adamson, who perversely was once head of European credit research at Deutsche Bank, issued a...
View ArticleWhen finance recruiters ignore you, and what you can do about it
Depending upon where you work, 2016 has the potential to be a difficult year. If you work in M&A for Goldman Sachs, you’re probably sitting pretty. If you work in high yield trading for Credit...
View ArticleGoldman Sachs is filling up on cheap 20-something staff, moving away from 30...
You don’t have to be in your fourth decade to make managing director (MD) at Goldman Sachs, but it helps. The bank promoted a 28 year-old to MD last November, although research suggests it takes an...
View ArticleWhy you want to get out of banking and into a family office
So, you want to work your way up in banking? Remember this: a banker is a middleman. A banker benefits when the parties he or she purposely sandwiches himself between decide to do business. Think of...
View ArticleWhy European banks exiting U.S. wealth management matters
Three European banks with a wealth management division have called it quits here in the United States, the largest wealth management market in the world. This could have implications for the careers of...
View ArticleWhy the Year of the Monkey just might save your banking career
Welcome to the Year of the Monkey. If you work in Asian banking, especially if your job is linked to the region’s volatile equity markets, you may be hoping that the next 12 months bring you better...
View ArticleWhy I left my job on a trading floor to work for a technology vendor
Peter Zeitsch spent 13 years working on the trading floors some of the biggest investment banks in the world before joining Calypso Technology in 2013. He went from a desk-bound job to one that...
View Article‘What’s up with Deutsche Bank?’, by Goldman Sachs and others
Is it still safe to join a European investment bank? Sure, Deutsche’s shares are up 14% this morning following the German bank’s promise to contemplate buying-back some of its senior bonds. Sure,...
View ArticleNeither CFA nor MBA, other qualifications for jobs in banking
If you’re thinking of breaking into banking, you’ve probably thought about studying for a CFA qualification. You’ve probably also contemplated an MBA. Both are popular among financial services...
View ArticleSome Asian bankers are already getting guaranteed bonuses for 2016
If you’re an investment banker in Hong Kong or Singapore, the current 2015 bonus round is probably proving unpleasant (unless you’re a star rainmaker or work for J.P. Morgan or Goldman Sachs). Across...
View ArticleSix sought after Asian banking jobs in the Year of the Monkey
The Chinese New Year holidays are over. Ready to kick start your job search as we enter the comparatively busy season for hiring? To find out which skills in Asian banking will be most in demand as the...
View ArticleMorning Coffee: Top Morgan Stanley banker displays folly of the ‘internal...
Aged 47 and with nearly three decades of banking experience behind him, you’d have thought Raj Dhanda might have known better. Instead, Bloomberg reports that Dhanda swapped out of capital markets (his...
View Article25 year-old rates saleswoman leaves UBS for Funding Circle
Another day, another highly able young analyst has decided to leave investment banking for the more vibrant world of peer-to-peer lending. Last week it was Hugo Davies, a Loughborough University...
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