Morning Coffee: These clients will save your investment banking job. Nomura...
If you work in sales or trading now, it’s all about serving big clients. Deutsche Bank said in its big strategy update last year that 30% of its clients generate 80% of its profits and it will pare...
View ArticleForget juniorisation in finance: Cocky millennials and baby-boomers need to...
Take everything you think you know about millennials working in financial services and throw it out the window. Instead, listen to what millennials are actually saying about their goals and preferences...
View ArticleWhy 20-something bankers in Singapore need a foreign degree
Banks in Singapore are ramping up their recruitment from local universities, encouraged by government efforts to increase the number of locals working in the finance sector. But despite the...
View ArticleBanks in Hong Kong are way too obsessed with Mandarin language skills
Banks in Hong Kong have been recruiting Mandarin speakers for at least five years and the range of roles requesting them continues to expand. But although most vacancies listing Mandarin as a must-have...
View ArticleMorning Coffee: Revolving door continues at Credit Suisse. Deutsche Bank cuts...
Credit Suisse CEO Tidjane Thiam’s restructuring strategy has involved plenty of departures from the bank, some voluntary, most not. This has been leaking from the bank’s edifice in drips and drabs....
View ArticleFive ways to make the most of an investment banking Spring Week internship
Spring Weeks in investment banking are pitched as a taste of the industry, but the reality is that they’re really the essential first step into getting an investment banking job. I’m a couple of years...
View ArticleHere’s how much you should earn as an investment banker in your 20s
If you start a career in the investment banking division (IBD) of a bank and progress up the ranks slowly but surely, how much can you expect to earn in your 20s? A new salary and bonus survey from...
View ArticleThe small bank picking up investment bankers from larger competitors
Berenberg, the small German bank with 1,300 employees worldwide, has big plans for its London operation. While most bulge bracket banks are scaling back, it’s building its investment bank in...
View ArticleWhat the senior women wear at Goldman Sachs
Like most investment banks, Goldman Sachs has got a women problem. Last time the firm promoted people to managing director, in November, just 25% of its new MD class were female. Last time the firm...
View ArticleHow I targeted my MBA networking on just one senior exec and landed a big...
As an MBA student in Hong Kong I knew what I wanted to do after my course and I had my target ‘dream’ company in mind: a development finance institution. But before finishing my MBA I wanted to engage...
View ArticleSeven young Singapore bankers you now need to look out for
Are you a finance student in Singapore looking for role-model young bankers who’ve already made a mark on the firm you want to work for? Or are you a senior banker in Singapore worried about whether...
View ArticleMorning Coffee: Credit Suisse, UBS, Barclays all hiring senior bankers aged...
If you work in an investment bank, you might be of the opinion that your career will be over at 40, or 45, or 50. If you work in M&A, events this week have proven you wrong. European banks on Wall...
View ArticleThis is what it’s really like starting out at a hedge fund
You have to pay your dues when you enter any industry, but starting out at a hedge fund has the reputation for being more difficult than the early stages of most jobs. Some hedge fund managers take a...
View ArticleHow much will your role really pay in 2020?
Are you overpaid? What’s the likelihood that the level of pay associated with your particular finance job will rise in the next four years? Or is the decline endemic? Based upon a) history, b) informed...
View ArticleChris Yoshida, ex-head of rates sales at Deutsche, found a new job already
It’s a sweaty sort of a time to be a senior fixed income salesperson in an investment bank. Goldman Sachs has been retiring various of its senior fixed income salespeople and quietly parting company...
View ArticleLife after trading redux: How to leave investment banking, but stay in finance
Matt Starr lost his job as a managing director on the emerging markets team at J.P. Morgan after nearly 15 years at the bank in 2014, but his first thought was not to get another job – it was to pursue...
View ArticleIf you want to earn a million in European finance, work in investment banking...
Earning seven figures in financial services remains a relatively rare event. Of the 2.8m people employed in the sector across Europe, only 3,865 of them earned over €1m, according to new figures...
View ArticleEverything’s big in Texas: including Goldman Sachs
Goldman Sachs has been expanding the number of its employees at locations other than New York and San Francisco for some time now. While the primary motivation is to cut costs, its offices in Texas are...
View ArticleCompliance and control professionals in London are seriously underpaid
Today’s report from the European Banking Authority (EBA) offers a startling revelation alongside the not-so-startling figures showing that the largest number of finance professionals earning €1m in...
View ArticleHong Kong banks demand more juniors with top foreign degrees
As banks in Hong Kong seek more staff with a global education as well as local knowledge, the number of Hong Kong financial professionals who’ve studied at elite foreign universities has surged. We...
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