“Too far from the food court” and nine other awful excuses for job hopping in...
It’s the perpetual complaint of senior bankers and recruiters in both Hong Kong and Singapore: the CVs of young finance professionals are cluttered with too many short stints at too many different...
View ArticleMorning Coffee: Goldman Sachs leaking staff while J.P. Morgan stays solid....
When we spoke to a Credit Suisse trader this week, he commented on the icy gusts of paranoia blowing through the bank in London. “You come in and see who’s gone. No one talks about it,” he explained. –...
View ArticleWhy 22-year-olds love IBD jobs. And why they don’t
Are investment banking analysts happy? This is a question that plagues banks, forever fearful of losing their juniors to another sector. Pay increases have not resulted in greater satisfaction. Reduced...
View ArticleA ranking of frustrated M&A bankers
M&A bankers are not having an especially good year. It’s only May, and already $1.2bn of revenues that should have been earned on successful M&A deals have been scratched as deals are withdrawn...
View ArticleHere’s what UBS, Credit Suisse and Deutsche Bank pay on Wall Street
If you’re in banking or trying to position yourself for a job at a bank, you want to know what the heavy hitters of the industry pay on Wall Street. We’ve now compiled salary data for those three banks...
View ArticleWhere the analysts, associates, VPs and directors live in London
London is not a cheap place to live. If you want to live at swanky address in a prime location like Knightsbridge or South Kensington, you can expect to spend £33k+ ($48k) in rent. Junior bankers may...
View ArticleMorning Coffee: Trader who left Credit Suisse aged 40 makes small fortune....
If you’re a Credit Suisse fixed income trader who’s lost your job, you might want to look across to Chris Goekjian for inspiration. A former global head of fixed income trading at Credit Suisse,...
View ArticleRoyal Bank of Scotland is now fast-tracking its investment banking juniors
Royal Bank of Scotland is the latest investment bank to step up efforts to retain its juniors by offering a fast-track promotion from analyst to associate after two, rather than the traditional three,...
View ArticleJefferies is bulking up its London equity research team
Equity research is a precarious profession in the City of London. With the ‘unbundling’ of research costs under MiFID II, clients will soon be charged for research independently of trade execution...
View ArticleEconomics, maths or the arts? The highest paying degree subjects for...
In the happy, meritocratic world of investment banking, success depends not on which degree subject you studied at which university, but on the dedication and skill you demonstrate once you’re through...
View Article“The CFA Charter was a waste of my time and money”
If you’ve embarked upon the arduous process of studying for the three CFA exams, you’re probably justifying the sacrifice on the basis that it will be good for your career. Don’t. In my experience, the...
View ArticleThe worst entry-level jobs in investment banks?
If you’re lucky enough to land a junior job in an investment bank, you might assume you’re on track for an illustrious future of large pay packets. This might be the case, but you’ll need to make it...
View ArticleHas Goldman Sachs made Salt Lake City the best place to work in the U.S.?
Ever since the early days of the United States, New York has been a beacon attracting ambitious recent graduates and young professionals looking to establish themselves and start a lucrative career on...
View ArticleThe top Hong Kong networking events to attend if you want a new finance job
You’re after a career change into a new part of the finance sector in Hong Kong, or you want to discover upcoming vacancies at your dream employer. Either way, you will need to expand your network of...
View ArticleMorning Coffee: Goldman Sachs IBD analyst details efficient use of Tinder....
If you’re an analyst working in IBD for Goldman Sachs, you probably don’t have a great deal of spare time. What little time you have needs to be used with maximum efficiency. Fortunately, therefore,...
View ArticleYou’ve been given a promotion but no pay rise. Should you accept?
Good news, you’ve been promoted! But there’s a catch. In the immediate pre-crisis period, financial services professionals were given more responsibility but no promotion. The new thing in investment...
View ArticleWhat’s going on in Credit Suisse’s global markets business?
Today is the day in which Credit Suisse whopped out its first quarter results. Needless to say, these are the first results since the Swiss bank divulged $346m of writedowns in late March and announced...
View ArticleJefferies’ head of sales trading joins hedge fund. Ex-Pimco PM becomes...
In case there were any doubt as to the two main career paths when you leave a markets job nowadays, Jefferies’ former head of EMEA sales trading just joined a hedge fund, while a former portfolio...
View ArticleTop quant at Blackrock in San Francisco joins hedge fund Tudor Investments in...
Tudor Investment Corporation is hiring in London again, this time poaching a U.S.-based quant from Blackrock as a portfolio manager on for its Systems Trading Group quant fund. Christian Rolvung, a...
View ArticleHow to handle your securities internship at Goldman Sachs
So, you’ve got a summer internship – or ‘summer analyst’ position at Goldman Sachs? Congratulations. Now you just need to convert your internship into a full time job. And that might be harder than you...
View Article