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Morning Coffee: Shrinking Wall Street bonuses are not the point. When you...
Wall Street bonuses are falling. So says Thomas P. DiNapoli, the Wall Street Comptroller responsible for totting up Wall Street’s income tax contributions. In 2015, DiNapoli says the average Wall...
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Behave badly and you should be banned from the City, says Barclays deputy...
If you want investment bankers to hear you on the issue of cultural change, you need to “shout louder”, according to Sir Gerry Grimstone, the new deputy chairman of Barclays, and if you want to...
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9 charts suggesting the safest jobs at Goldman, JPM, Deutsche and elsewhere
If you are ‘efficient’ you should be safe. In a world where banks are all about saving money, this is the theory. So long as you’re generating enough revenue to more than cost the cover of your ‘seat’...
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The ‘cheap’ qualification that will get you a job at Goldman Sachs
More senior bankers have MBAs than any other post-graduate qualification, but before you rush out to spend up to $100k at a top business school, you might want to consider other, cheaper...
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The only seven finance jobs where VPs in Singapore are still getting pay rises
Have you reached vice president (VP) level at a bank in Singapore? Are you expecting regular bumper pay rises now that you’re a (relatively) senior staffer who’s supposedly making or saving your bank...
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Nine reasons Asian graduates should go into corporate banking jobs
As global banks in Asia trim trading jobs and cut bonuses in investment banks, their corporate banking ranks remain relatively unscathed. In fact, recruiters in Singapore and Hong Kong report generally...
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Morning Coffee: Citigroup, BAML and Morgan Stanley suggest layoffs are...
First they came for the structured credit traders. Now they’re coming for the equities traders. Next they’ll be coming for the corporate finance professionals. Such is the message in the latest round...
View ArticleLost your banking job? This is the real probability you’ll find a new one
If you lose your London-based investment banking job now, will you find a new one? That partly depends upon your line of expertise: structured credit and equity derivatives traders are going to...
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Senior bankers are leaving Goldman Sachs
Goldman Sachs may be sending out motivational emails to its junior employees as it rolls out deeper-than-usual cuts this year, but this hasn’t stopped people from leaving voluntarily at the senior end....
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Deutsche Bank just saved some of its highest paid bankers £900k each
Deutsche Bank is supposed to be saving money. Fortunately, it still has enough to keep some of its highest paid current and ex-employees happy. The German bank, together with UBS, has just been found...
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The 13 most interesting investment banks on Twitter right now
As a finance professional, you’re unlikely to while away your day on Twitter – banks’ firewalls will prevent this for a start – but if you can spend some time there it’s worth it. An increasing number...
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This is how much young hedge fund professionals earn in the U.S.
Have you ever wondered how much early-career-stage hedge fund professionals really make in the U.S.? Well, that depends very much on the type of firm you work for. You may not have realized how wide...
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Wells Fargo is selectively hiring for London fixed income roles, but does it...
Wells Fargo is, in theory, the place to be. Earlier this month, Jamie Dimon said he was watching Wells Fargo closely as it “very aggressively, very actively…very successfully” builds its US investment...
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ACA, ACCA, CA, CPA, CIMA, HKICPA: which accounting qualification will get you...
You want to obtain an accounting qualification that will ultimately get you a job or advance your career at a bank or Big Four firm in Hong Kong. Which one should you go for? We’ve searched through our...
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Standard Chartered still on Asian hiring spree even as it cuts thousands of jobs
Standard Chartered is cutting 15,000 jobs – but the bank is still hiring in large numbers in Asia. In fact, Stan Chart is one of the most active recruiters in the Singapore and Hong Kong banking...
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How one man escaped a quant job and became a macro portfolio manager
Once a quant, always a quant. To talk to some of the brightest and mathematical people in global finance, quant jobs can feel a bit like a dead end. “Quants have moved from largely front office jobs to...
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Morning Coffee: Charmed life of the 29 year-old credit traders. Senior...
There is a sweet spot on credit trading desks right now. To find it, you need to be experienced, but not too experienced. You need to be junior and cheap, without being naïve and under-valued. You need...
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J.P. Morgan’s head of healthcare on making it to the top as a woman in...
J.P. Morgan’s head of healthcare investment banking for EMEA, Cathrin Petty, is among a select band of female bankers to make it to a senior front office job, but this is not the most remarkable thing...
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A chart on RBS that illustrates the problems with banking jobs now
If ‘banking intelligence’ firm Tricumen is right, RBS’s investment bank is far from being the most efficient in the world. It could probably do with cutting a few costs – and indeed, it intends to. In...
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How to get into an investment bank from a non-target school
If you didn’t attend a ‘target school’ or university, you will struggle to get a job in an investment bank. This is the message from a newly published thesis from Derek Dedeker, an investment banking...
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