“Believe me, you want to work in healthcare investment banking. This is what...
Investment banks are restructuring, and even the previously bullet-proof M&A divisions have become targets for cuts. If you want to work in an advisory role – either in banking or private equity –...
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Five things you need to know about Citi’s Q1 results
In what’s generally anticipated to be a tough earnings season for investment banks, Citi has stepped up to the plate and continued the theme of tumbling revenues across both its IBD and trading arms....
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Is this the real reason you work so hard?
If you work in an investment bank, you’re probably no stranger to hard work. Despite banks’ best efforts to cut working hours, practitioners say 75 hour weeks are still commonplace. Anyone who’s been...
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How to choose an MSc Finance that will give your career a boost in Singapore
If you’re a finance professional in Singapore, a Masters qualification could give you new skills and take your career to the next level – whether that’s clinching a more senior job or moving to the...
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This is what your investment banking salary and bonus should be in Hong Kong
Do you work in M&A or capital markets in Hong Kong? Are you looking to see how your investment banking salary and bonus stack up to help you decide whether you might be better off at another firm?...
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Eight ways Barclays’ Asian bankers can act now to succeed later at Bank of...
Relationship managers at Barclays in Singapore and Hong Kong will soon face new overlords – earlier this month Bank of Singapore (BOS) won the race to buy Barclays’ Asian wealth unit. But merely...
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Morning Coffee: Who cares that Goldman Sachs dumped some perks? Why you’re...
Goldman Sachs is getting mean about use of the company expense account. So says Bloomberg, which reported on Friday that Goldman is ‘increasingly rejecting bankers’ spending on airfare, hotels and...
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Bonus clawbacks for investment banking analysts
Investment banks are all about being kind to their junior recruits. Reduced working hours, free weekends, rapid promotions, increased pay and more interesting work are all being rolled out to ensure...
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Point72 hired a bond trader from Credit Suisse
Some good news for fixed income traders who find their services unwanted in investment banks: one of London’s most desirable ‘hedge funds’ is hiring. Point72, the fund founded by veteran hedge fund...
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Why Morgan Stanley wants its FICC traders to be more like its equities team
Every bank’s FICC team is suffering this year, but Morgan Stanley’s has done particularly badly in Q1. Revenues dropped by 56% year on year – admittedly after stellar commodities revenues in Q1 2015 –...
View ArticleWant to get ahead in finance now? Build relationships
If you trying to get a job in finance today, you’re probably technically proficient. I guess you’re a top student from a top school. You’ve probably passed a few CFA exams. You probably know all about...
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So, Morgan Stanley is predicting doom for Goldman Sachs’ FICC business…
Morgan Stanley did not have a great first quarter in fixed income: fixed income trading revenues at the bank were down 56% year-on-year and undershot the bank’s quarterly trading target of around $1bn...
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How to get a risk job on Wall Street
There’s no two ways about it: a lot of financial services firms are cutting costs after a disappointing Q1, meaning that they are less likely to replace people who have left and may actually be laying...
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Young private equity professionals in Singapore you need to know about
You’re a graduate in Singapore eyeing up a career in private equity (PE), or you’re a junior investment banker wanting a buy-side move now that you’ve got your bonus. Either way, you want to know how...
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The seven safest operations jobs in Hong Kong banking
An operations job in Hong Kong banking is no longer an obviously secure career choice. Banks continue to build their back offices in less costly Asian markets (think Deutsche Bank in the Philippines or...
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Morning Coffee: How senior bankers signal disapproval. The ideal finance spouse
Senior staff at Deutsche Bank are not happy. As we reported last month, the German bank has allegedly implemented something akin to an “MD tax.” The principal of this is that once you reach MD you...
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A chart showing the best and worst jobs in UK IBD
How safe is your job in the investment banking division (IBD) of an investment bank in the UK? As long as you work in M&A, we’d like to suggest it’s very safe indeed. A new release from Dealogic...
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The 12 highest paying development jobs in UK banking
Large investment banks are not financial services organisations, they’re technology companies. Banks employ many thousands of technologists, all attempting to gain an edge over the competition and the...
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The hot new hedge fund hiring Goldman Sachs and Credit Suisse traders
Eisler Capital, the hot $1bn macro hedge fund unveiled by ex-Goldman Sachs partner turned philanthropist Edward Eisler, is go. It’s just been given the thumbs up by the UK regulator and a number of...
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How good is Goldman Sachs really? 13 charts to help you decide
Goldman Sachs’ first quarter results are out. They’re not exactly the greatest. While J.P. Morgan bankers allegedly have nothing to fear (according to Jamie Dimon), Goldman’s staff have plenty to get...
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