Here’s what BlackRock, Pimco and Capital Group pay in the U.S.
If you work at an asset management firm – or if you’re an aspiring asset management professional – then you want to know what the heavy-hitters in the industry pay in the US. BlackRock, Pacific...
View ArticleRecruiters shocked as junior bankers in Asia stick bad selfies on CVs
Finance professionals in Hong Kong and Singapore have long been fond of slapping a picture of themselves at the top of their CVs – recruiters say roughly half of resumes in the two cities include a...
View ArticleHow ex-Barclays traders are reinventing themselves in Asia
Barclays hasn’t been the most stable of employers in Asia over the past 12 months as it refocuses on its core UK and US businesses. Most dramatically, the British bank announced in January that it was...
View ArticleWhy Deutsche Bank wants to hire innovative IT professionals
Can a big bank offer you an innovative environment to work in if you’re a technology professional? Nick Doddy, European & India Managing Director of the Innovation team within Deutsche Bank’s Chief...
View ArticleMorning Coffee: Hiring spree brings 45 year-old bankers back from margins....
Imagine: you’re a semi-retired 40+ banker, sitting about on your organic farm, wondering about your organic beets, when you get a call from an old colleague. – Suddenly, you’re back in fashion, and not...
View ArticleAverage pay for Citi traders and salespeople in London is £245k
Citigroup Global Markets Limited – the UK iteration of Citi’s sales and trading arm, just released its annual results for the year ending December 2015. Profits were up, pay for directors was up, but...
View ArticleSenior staff have been silently slipping out of Pimco’s London office
Pimco is cutting 3% of its global workforce. In a memo dispatched yesterday, the asset management firm said it’s cutting costs responsibly in the wake of a fall in assets under management. The Wall...
View ArticleShould you really return to a former finance employer?
Sometimes a job really stinks. When given the chance, you leave and never look back. But if you work in finance, this is probably something you want to avoid – you never know when you might need to...
View ArticleBankers’ wives against Brexit
It’s not just bankers who stand to lose if Britain leaves the European Union. It’s also their spouses. One London banking wife, who blogs under the pseudonym Notting Hill Mummy, has taken to the...
View ArticleThe Deutsche Bank guide to top tier investment banks
Do you work for a top tier investment bank? Or are you merely in the minor league? For all those who were wondering, Deutsche Bank’s European banking analysts have produced the following helpful chart....
View ArticlePwC is hiring almost 3,000 grads in Asia – here’s how to get one of these jobs
At a time when it’s becoming increasingly difficult to secure an analyst job at an investment bank, PwC’s Asian graduate hiring numbers look mouthwatering. This year the Big Four firm is taking on...
View ArticleMorning Coffee: 50 year-old traders’ warnings for today’s 25 year-olds. Why...
Welcome to the start of a week in which – if you work in London in particular – things could get ‘interesting.’ Just how interesting is suggested in a note from SocGen. Bloomberg reports that the...
View ArticleAn ex-Nomura equity researcher just became head of investor relations at M&S
The equity researchers who were let go in Nomura’s aggressive bloodletting earlier this year are proving eminently re-employable. After seven found jobs at rival banks, another has just become head of...
View ArticleHere’s what happens to your bonus if Britain leaves the EU
Will Britain vote to leave the European Union? Bloomberg’s Brexit tracker says no, as do UK bookmakers. That’s good: an exit is widely expected to be disastrous for UK investment banks and for the UK...
View ArticleYou have less than a 3% chance of getting a Barclays internship in the U.S.
Like most investment banks, Barclays in the U.S. is inundated with applications for its summer internships. So important are internships to securing a full-time job that it receives 37 candidates for...
View ArticleThe 45 most highly paid people at Goldman Sachs and J.P. Morgan in London?
If headhunters are right, a select group of senior bankers in London are now earning a lot more than before. Stéphane Rambosson, head of the financial services team at executive search firm DHR told...
View ArticleThe best and worst investment banks to work for in ECM during the current IPO...
Equity capital markets (ECM) divisions of banks had an abysmal first quarter this year, and it’s investment bankers in the Americas who are suffering the most. Banks have generated $1.3bn of global IPO...
View ArticleJobs where banks in Asia hire expats…and jobs where they don’t
You’re a banking professional based in the West and you’d love a job in Singapore or Hong Kong. You’ve got a great CV and online profile, you’ve connected with dozens of recruiters in Asia and you’re...
View ArticleMorning Coffee: Mystery of the 38 year-old Credit Suisse trader on $14m. From...
Credit Suisse pays ‘ok’. In 2015, the average material risk taker at the Swiss bank earned $1.7m – 23% less than at UBS, but an ample amount nonetheless. During the same year, Rob Shafir, the bank’s...
View ArticleMore investment staff have left Michael Hintze’s CQS
CQS, the hedge fund run by Michael Hintze, has been letting people go, and in the past few weeks more analysts, traders and portfolio managers have departed. Monish Sahni, a former Citi portfolio...
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