Clik here to view.
Atosa Moini, co-head of EMEA credit sales at Goldman Sachs, latest to retire
You never get laid off by Goldman Sachs: you simply sail off into the sunset. As Goldman Sachs trims costs in its fixed income business, various members of its fixed income sales team are taking...
View ArticleClik here to view.
Asian private bankers frustrated as their jobs become more “boring”
Think Asian private banking jobs, think long client lunches, regional jet setting and managing money for billionaires. Right? Not quite. While private bankers in Asia may be perpetually in demand,...
View ArticleClik here to view.
It’s tough to get a job at Goldman Sachs if you graduated from a Hong Kong...
Only about 15% of Goldman Sachs’ employees in Hong Kong attended a local university – almost half the figure for HSBC, according to staff online profiles. We worked out the total number of employees at...
View ArticleMorning Coffee: Why Goldman Sachs bankers don’t deserve to be paid the most....
Does Goldman Sachs pay the most? That all depends upon whose statistics you look at. If you compare the average pay per head figures released by banks themselves, then Goldman is certainly among the...
View ArticleClik here to view.
Fixed income salespeople and traders find haven in the storm
True to its name, fixed income boutique StormHarbour is offering safe passage through 2016 to fixed income salespeople, traders, and debt bankers who’ve decided the turbulent waters at major investment...
View ArticleClik here to view.
Brexit watch: What’s it really like working as a trader in Dublin anyway?
While experienced traders in London are fearful of ‘juniorisation’ – or being replaced by cheaper 25-year-olds – those in Dublin are quietly hoping for an injection of new blood. “I would say that the...
View ArticleClik here to view.
Why ‘bankers’ today earn $500k+ instead of $1m+, a chart
There are many reasons why ‘banking’ is still lucrative career – and they have a lot to do with the fact that individual ‘bankers’ generate a lot of money for their employers. However, that amount is...
View ArticleClik here to view.
What you need to know about blockchain – the most-buzzed about new financial...
Do you believe the blockchain hype? Proponents tout blockchain’s potential to make electronic financial transactions faster, cheaper, safer and more transparent. Microsoft is getting in the act,...
View ArticleClik here to view.
Table alleges ENORMOUS pay for traders at Bank of America Merrill Lynch
There is incendiary (and hitherto overlooked) material buried in the court documents filed last week by Megan Messina, the 42 year-old global co-head of structured products at BAML, who’s accusing the...
View ArticleClik here to view.
Why quants and traditional traders need to get into bed with each other
Previously the old-school fundamental traders were seen as a separate species from quantitative traders. There was no middle ground between quants and traditional traders – you were on one side or the...
View ArticleClik here to view.
Why the CFA won’t get accountants a buy-side job in Asia
A growing number of accountants in Asia are taking the CFA to break into the buy-side – but few are making it. Accountants constitute 7% and 5% of CFA charterholders in Hong Kong and Singapore...
View ArticleClik here to view.
Singapore or India: where will your banking technology job end up?
If you work in banking technology in Singapore you increasingly need to be aware of which IT functions have a long-term future in the city state. Banks continue to create new tech roles in Singapore,...
View ArticleJ.P. Morgan’s investment bank CIO, Mark Ashton-Rigby, has left
Mark Ashton-Rigby, the chief information officer of J.P. Morgan’s corporate and investment bank, has departed just months after a promotion. Ashton-Rigby left the bank today, according to sources close...
View ArticleClik here to view.
Morning Coffee: 45 year-old J.P. Morgan MD fulfills every 23-year-old...
You’re a 23 year-old IBD analyst working 80 hour weeks. You want to take an entire year off to travel without throwing your long term finance career into a hole. Sanjay Jain, the ex-global head of...
View ArticleClik here to view.
The best places to work within FICC, IBD and equities now
The following statement will come as no surprise to anyone working in an investment bank today – there are no safe harbours, no business is doing well and headcount is heading down, primarily in the...
View ArticleClik here to view.
Clever answers to stupid interview questions
Imagine that you’ve sailed through an interview by proving your technical proficiency, you’ve effectively answered how you can make an individual contribution while also proving your value as a team...
View ArticleClik here to view.
The senior bankers being let go by UBS in Asia may soon want to hire from...
UBS is cutting the senior ranks of its private bank in Singapore and Hong Kong. But when these managers eventually join rival firms they will look to poach some of their former UBS team members. Among...
View ArticleClik here to view.
How to get a graduate job at PwC in the U.S.
Making it through the door at PWC is a tough ask. It only hired 2% of the experienced candidates who applied last year. The trick is to get in early – it hired 11,000 of the 70,000 students who...
View ArticleClik here to view.
Deutsche Bank’s gamble on the man who would make it Goldman Sachs
It’s been a difficult day for Deutsche Bank. Downgraded by Moody’s for the second time this year, DB’s unsecured senior debt is now only two notches above junk. In terms of counterparty risk, Deutsche...
View ArticleMorning Coffee: The real reason why 20-somethings want to work in finance....
In your first year working in an investment bank, you should bring in $113k (£77k). Big Four firms offer starting salaries of £35-40k ($50-58k) and pay rapidly increases after a little experience....
View Article