The most in-demand programming languages on Wall Street
Investment banks are technology firms. So says Lloyd Blankfein at Goldman Sachs and Marianne Lake at J.P. Morgan. Both banks have thousands of technologists and have prioritised IT hiring over most...
View Article‘Survival money’ in the City of London? A lot less than it used to be
Attitudes to money in the City of London are changing. Where once seven figures were seen as barely enough to get by, today’s analysts and associates have much more modest expectations than their...
View ArticleYou’ve been axed in Asia. Here’s how to cope with awkward interview questions...
Global banks continue to pare back in Asia – in this month alone Nomura has cut 30 people from its ex-Japan Asian equities business, while J.P. Morgan has axed the same number of private bankers....
View ArticleMorning Coffee: Jes Staley under big pressure to cut pay at Barclays’...
People with a penchant for paying well do not always last at Barclays’ investment bank. Take Skip McGee, who having secured some very large bonuses for select U.S. executives in late 2013, was gone by...
View ArticleA step-by-step guide to acing informational interviews for investment banking
Most analyst and associate classes at investment banks get filled through internship programs and campus visits. The problem for many hopeful bankers is that the Goldman Sachs and J.P. Morgans of the...
View ArticleIs the CFA charter worth it if you want to work for Goldman Sachs, J.P....
Possessing the CFA charter alone will not guarantee you a job. It will merely mark you out as the sort of individual with the brains (and stamina) who can make it through 900 hours of study to become...
View ArticleWhy I quit my sales job in an investment bank and joined a brokerage firm
Sales jobs in investment banks have been falling out of fashion for quite some time. In 2016, however, the speed with which they’re becoming an anachronism seems to be picking up pace. Take Goldman...
View ArticleThe top Singapore networking events to attend if you want a new banking job
You’re after a career change into a new part of the finance sector in Singapore, or you want to discover upcoming vacancies at your dream employer. Either way, you will need to expand your network of...
View ArticleEight ways to spot that you’ve been ‘oversold’ an Asian banking job
From compliance auditors to corporate bankers, from data analysts to financial crime experts – some candidates in Singapore and Hong Kong are in both short supply and high demand. If you’re in one of...
View ArticleMorning Coffee: Nomura’s bankers suffer new humiliation. When you join...
The pain has been protracted at Nomura. First the Japanese bank let go of fixed income professionals last summer, allegedly while some of them were on holiday. Then it unexpectedly closed its cash...
View ArticleBrevan Howard hires UBS MD, loses other senior traders
Brevan Howard has poached David Ghosh, a managing director and rates trader from UBS. Regulatory filings show that Ghosh left UBS in January and joined Brevan Howard in April. He is one of a series of...
View ArticlePay for associates in IBD in London, by bank
Where can you earn the most working in an investment banking division (IBD) in London? New data from recruitment firm Dartmouth Partners suggests there’s a lot of similarity – although some banks...
View ArticleWhen’s the best time to quit banking for Carlyle, KKR or TPG?
You’re fed up with being an analyst or associate in an investment bank. Like every other junior IBD professional, you want to move to the buy-side. – Specifically, you want to move to private equity....
View ArticleWirehouse recruitment: why financial advisers choose to stay or go
The financial services industry has been waging a recruitment war for talent since the Buttonwood Agreement. In the wealth management industry, it is firm against firm as recruiters entice financial...
View ArticleThis is what your compliance salary and bonus should be in Hong Kong
Compliance jobs have been in demand in Hong Kong for several years as banks (HSBC and Standard Chartered chief among them) staff up to help tackle a growing global and local regulatory burden. As a...
View ArticleNine ways bankers fail after they leave banking for a start-up
Leaving banking to start your own company sounds like a good idea in principle, but is it in reality? If you’re contemplating quitting banking for business, we’ve asked ex-bankers who’ve made a...
View ArticleMorning Coffee: “I wake up 3 times a night to check the Bloomberg.” Top...
Bill Gross has it bad. Despite being 72 years-old and rich as Croesus, he cannot sleep. The reason he cannot sleep? The markets. – Gross just has to keep on waking up and checking what they’re up to....
View ArticleThe most beautiful profession in investment banking
You don’t have to be beautiful to work in banking, but it may help. Especially if you want to work in the front office careers where people are of above average attractiveness. Which careers are those?...
View ArticleFront-office roles in demand on Wall Street even as investment banks make cuts
The first-quarter results from the big banks ranged from mildly disappointing to bloodbath, and there wasn’t much excitement on the buy side, either. That has led some to continue cutting costs by...
View ArticleBarclays and Nomura show inscrutable mystery of banks’ trading businesses
If you work in credit trading at Barclays, you can – in theory – feel pretty pleased with yourself. If you work in credit trading at Nomura, you cannot. Barclays and Nomura released their quarterly...
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