Boutique M&A firms are losing juniors in London
European M&A is not doing well in 2016 and boutique firms are likely to be suffering as a result. Is this why junior staff are leaving?Several different recruitment firms in London say they’ve...
View ArticleYes, you can work in asset management if you went to a public university in...
So you’ve decided that you want a career in asset management. Maybe you were rejected by the Ivy League schools you applied to – and every other prestigious private university on your list. Or maybe...
View ArticleBig banks are bringing in armies of consultants to plug the skills gap
Consultants are filling a talent gap in financial services. Rather than being brought in for their specialist expertise, consultants are being drafted into banks and finance firms to compensate for...
View ArticleWhy do junior bankers work so hard?
Everyone knows that junior bankers work hard. In a world where analyst and associate positions are associated with 80 hour weeks, proclaiming that banking juniors are over-worked isn’t revelatory.The...
View ArticleJunior bankers in Asia wasting money on bling
Junior bankers in Asia say falling headcounts at many global firms in the region are helping to create a more cutthroat working environment in the sector. And this means 20-somethings are not just...
View ArticleWearing hot pants, not finding the Stan Chart tower – and other crazy reasons...
Unless you’re in the middle office or you offer a unique set of skills, finding a banking job in Singapore or Hong Kong isn’t entirely straight forward these days.With this in mind you’d think...
View ArticleMorning Coffee: Goldman Sachs, Morgan Stanley probe candidates’ psyches....
Investment banks are no strangers to psychometric testing – such things have long been used to sift through the hundreds of thousands of people who apply out of university, but Reuters reports that...
View ArticleA Canadian bank is busy hiring traders and salespeople who’ve left other...
Ivan Dexeus, the former FX sales director who left Credit Suisse in April has found a new role: he’s joined TD Securities in London.Dexeus joins TD as FX sales director, reporting to Brian Perry, the...
View ArticleHere’s how much you’ll earn (net) over 10 years in banking, hedge funds, and...
Hedge funds like Brevan Howard might not be having a good year, but if you’re looking to make money over a 10 year period in finance, hedge funds are – usually – still the best way to do it.We compared...
View Article“I help non-middle class students to get jobs in banks”
In theory, banks are meritocracies. In reality, they’re increasingly filled with elites. Whether you look at Wall Street, or at the City of London, banks are increasingly home to people who’ve studied...
View ArticleSix things you need to know about investment banks’ training programmes
Hundreds of new investment banking analysts around the world are set to start their careers in the next few months. They’ve beaten thousands of other applicants to a coveted front office job, but now...
View ArticleMeet the project managers now earning 20% more than their peers
Project management pay at US-based financial institutions is on the up and up – and one group of project managers is out-earning their peers. The median salary of project management professionals in...
View ArticleTen interview questions you’ll be asked by Singapore banks
While many global banks are culling jobs in Singapore, the city state’s three home-grown firms remain in hiring mode. In the year to 31 March, for example, headcounts at DBS and OCBC rose by 622 and...
View ArticleJulius Baer targets Credit Suisse in big Asian hiring spree
Julius Baer is on a drive to poach more private bankers from rival firms in Asia – and Credit Suisse is among its prime hunting grounds. The bank has hired 45 new relationship managers (RMs) in Asia...
View ArticleMorning Coffee: “It’s the biggest planned risk event anyone can remember.” 38...
One week to go. – On Thursday June 24th, traders in the City of London – and globally – could find themselves at the eye of a maelstrom the likes of which haven’t been seen for 24 years. Exhilarated...
View ArticleCredit Suisse’s Gaël de Boissard embarks upon strange new career
Remember Gaël de Boissard? – The ex-co-head of Credit Suisse’s investment bank in EMEA whose wife has her own hair care range? Since De Boissard left Credit Suisse last December, all that we’d heard of...
View ArticleFresh from cutting in equities, bank cuts top people in fixed income
As we reported last month, Chinese bank Haitong Securities has been cutting headcount in London. Back then, it was cutting in equities. Now, it seems to have turned its attention to fixed income....
View ArticleI was one of the only junior bankers to survive redundancy. Here’s how
Everyone who enters the world of investment banking goes in with their eyes wide open, but watching entire teams trudge off to the pub at 9.30 in the morning after a brief meeting with HR was still...
View ArticleTrading in the eye of the storm: How to keep your job as a trader in volatile...
If traders are right, we could be in for a wild few weeks. If Britain votes to leave the European Union, traders in London are predicting the “biggest planned risk event anyone can remember.” If a...
View ArticleWords you shouldn’t put in emails at ANY investment bank
Goldman Sachs monitors for some pretty strange words in emails. CNBC has come into possession of a long, long list of things that Goldman Sachs purportedly screens for. They include phrases like,...
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