Should you tell your boss that you want to join a new team?
Does it pay to be completely upfront with your boss about where you see your career going in the future? It’s a tricky question isn’t it? After all, the banking sector in Asia isn’t exactly booming...
View ArticleThe professional services firms everyone wants to work for
In consulting parlance, they’re known as the MBB firms: McKinsey & Co, Bain & Co and the Boston Consulting Group. Historically, they dominated the consulting landscape and were seen as the most...
View ArticleMorning Coffee: The harsh truth about pay for many ‘bankers.’ Most eligible...
Faced with weekly reports on the gigantic earnings of some people in the investment banking industry, it can be easy to assume that anyone with a seat in the hallowed halls of wholesale finance is...
View ArticleThe 15 highest paid accounting in finance jobs globally
If you work in accounting in financial services and have ambitions to earn as much money as possible, head to New York. Following that, go to Asia. London, it seems, is behind the pack. Outside of the...
View ArticleA short history of the Barclays bonus
Bad things have been happening to the bonus pool at Barclays’ investment bank. If reports are correct, it will be lower than ever for 2015 – at £900m ($1.3bn), down from £2.7bn in 2010, a decline of...
View ArticleCFA, MBA, ACA, ACCA or CIMA – which will get you a job that pays?
Which popular qualification is most likely to get you a job in financial services now? And more pointedly – which one will get you a job that pays well? We looked at the number of candidates with a...
View ArticleThis is how to get through consulting case study interviews
If you want to be the one person who secures a strategy consulting role of the 100 people who apply, you need to know how to get through multiple case study interviews. Consultants and investment banks...
View Article“At McKinsey & Co you can create a home within the firm”
So, you want to work for McKinsey & Co.? You’re not the only one. The management consulting firm ranked top among professional services firms globally in our 2016 Ideal Employer Rankings, and came...
View ArticleMorning Coffee: The real downside to working for RBS. Putative good news for...
There are advantages and disadvantages to working in the investment bank at the Royal Bank of Scotland. On the plus side, the hours aren’t said to be too bad and the salaries are said to be quite...
View ArticleForget £2k bonuses, RBS is more generous to its investment bankers than it seems
Royal Bank of Scotland’s pay policy in its investment bank is a confusing beast. On the one hand, it doesn’t want to hire rainmakers or millionaires. On the other, there are plenty of them there...
View ArticleWhy I launched my Fintech firm in London NOT Silicon Valley
Less than six months ago, I spent my days in a sun-filled office with floor-to-ceiling windows and hipster-friendly exposed brick in the heart of San Francisco’s infamous SoMa district. These days, I’m...
View ArticleRBS and the incredible shrinking rates revenues
Once upon a time, RBS’s rates trading business was a force to be reckoned with. Not any more. In its annual results, announced today, RBS revealed that its rates trading revenues have fallen to a five...
View ArticleThe battle for investment banking associates drives up pay on Wall Street
Even as some investment banks cut staff, the competition for junior bankers is raging on Wall Street. Both bulge-brackets and boutiques alike have bolstered associate compensation to compete with the...
View ArticleIs harder to make it to the top in banking if you’re from Asia?
When academics looked at the attitudes of expat bankers recently, they unearthed some fairly ugly attitudes among Western bankers working in Singapore to their Asian colleagues. The expats complained...
View ArticleSingapore banks boost headcount by over 1,200 as pay rises
If you thought banks in Singapore were firing rather than hiring in 2015, you’d only be half right. Just as Standard Chartered and RBS were culling jobs in the city state, Singapore-headquartered banks...
View ArticleMorning Coffee: How to earn £2.4m for doing nothing at Barclays. Instant...
Barclays’ investment bank is almost certainly about to become a much more difficult place to work. Jes Staley – of whom big things are expected – needs to pull some rabbits out of hats if he’s to...
View ArticleThe top asset management firms everyone wants to work for
BlackRock, including its iShares exchange-traded fund business, is the largest asset management firm in the world based on assets under management. It is also the most sought-after landing spot in...
View ArticleBluecrest parts company with nine senior traders
The last time that investment banks were making significant cuts to their trading teams, one hedge fund was waiting to take up the slack – Bluecrest Capital Management. Three years on, and the hedge...
View ArticleBank of America is parting company with experienced traders, bringing in juniors
Bank of America has succumbed. Despite saying last year that it was happy with the size of its fixed income currencies and commodities business and was getting ready to seize market share, it’s...
View ArticleQuant hedge funds are hiring – this is what they look for
While many hedge funds continue to struggle this year after a down year in 2015, a significant number of quantitative strategies have had a strong start to the year. The average hedge fund is still in...
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