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How Brexit will impact financial services hiring on Wall Street
The UK’s unexpected vote to exit the European Union has made Brexit a household word. Even those who had not paid attention to the vote were affected by it, as most of the stock markets around the...
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Singapore banks see 70% spike in job applications as bonuses beat global rivals
Global banks in Singapore are now struggling to compete with local banks in the very sector they all need to recruit in: risk and compliance. “It’s got to the stage that even if one of the Singaporean...
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Morning Coffee: Wall Street cuts after German bank relocates jobs to...
A German bank is cutting jobs on Wall Street. No, it’s not Deutsche Bank: it’s Commerzbank. The Wall Street Journal reports that Commerzbank is, ‘cutting more than 100 investment banking-related jobs...
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J.P. Morgan’s head of EMEA TMT has moved to Germany for a CFO role
If you’re looking for an example of senior bankers moving from the UK to Germany, Markus Boser – who until earlier this year was head of technology media and telecommunications investment banking for...
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Citigroup just boosted its Frankfurt equity sales team
With London still reeling from the shock of last week’s referendum, all eyes are on whether banks will transfer jobs to mainland Europe. For the foreseeable future, the answer seems to be no – but this...
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Inside the hottest post-Brexit job in the City
Across the City, holed up in ‘war rooms’, senior executives in banks and fund managers are working out how to deal with Brexit. Most had contingency plans before the vote, but they were theoretical at...
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Selling Frankfurt: “In an area the size of London you have 50 beautiful...
If you’re fed up with commuting in and out of London in carriages that are so full it’s like travelling cattle class, try Frankfurt. If you’re fed up with spending a large chunk of your income on...
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11 ways to get a banking job in Asia post-Brexit
As banks in London and Europe grapple with the fallout from Brexit, Hong Kong and Singapore are suddenly looking like more attractive locations to work in. But while headhunters in the two cities are...
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Morning Coffee: How it feels to retire from Goldman Sachs aged 44. Bad noises...
When Amelia Fawcett left Morgan Stanley 10 years ago, she famously celebrated by chucking her Blackberry overboard on a yacht. Joseph Mauro, the 44 year-old ex-Goldman head of fixed income, currencies,...
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“Private equity will benefit from Brexit, here’s why”
The UK’s vote to leave the EU has not been well-received in the City of London. Investment banking deals are likely to slow down, trading and operations jobs could be on the way to Frankfurt, Dublin or...
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$800m wiped off 2015 bonuses at Deutsche, Barclays, UBS, CS last week
If you’re an upscale builder, gardener, restaurant owner, psychotherapist or purveyor of fine wines and your customer-base has suddenly gone AWOL, we may know why: following the Brexit vote, bankers...
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Another ex-Goldman MD starts a hedge fund
Karim Bennani, who formerly headed up Goldman Sachs’ Advanced Investment Strategies, has just received the go-ahead from the UK regulator to launch his own hedge fund. Quantum Investing is a...
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London bankers’ Brexit jobs panic, a chart
What’s the first thing you do when you’re worried about your job? You tweak your CV. The eFinancialCareers CV database suggests there was a lot of tweaking going on in London last week. Witness the...
View ArticleWhat is the purpose of finance? London Business School offers a perspective
Imagine that you’re kicking off your first day working for an investment bank in the City of London. You’ve just finished a Masters in Finance and are confident that you know all there is about...
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Goldman Sachs, J.P. Morgan and Citi already fully licensed in Frankfurt
Why is Frankfurt the frontrunner as international banks consider shifting certain functions out of London? Quite simply, it’s because so many firms already have full banking licenses in Germany. The...
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This is what you need to know before you apply to a Singapore bank
Singapore’s three local banks, DBS, OCBC and UOB, are all among the most aggressive recruiters in the city state this year, and an increasing number of candidates are looking to join their ranks. But...
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Morning Coffee: This could be the start of something bad. The real reason...
Remember the Global Financial Crisis? – The ‘GFC’ in the vernacular of those who like systemic meltdowns reduced to three letter acronyms? If you do, you will recall that it really began in August 2007...
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Meet the man leading a team of 80,000 quants
Jonathan Larkin has the fate of 80,000 wannabe quants in his hands. OK, this may be something of an exaggeration, but as the newly-installed chief investment officer of ‘crowd-sourced’ hedge fund...
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The 6 best new City jobs at US investment banks post-Brexit
Britain is leaving the EU (probably) and banks are eyeing Frankfurt and Paris and Dublin as alternatives. Does not mean that they’ve stopped hiring in London? Of course not. While US banks are still...
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Ex-Morgan Stanley real money salesman joins real estate business
If you lose your jobs in fixed income sales now, you may not easily find a new one. US investment banks are still hiring in London, but they’re not hiring very lavishly. Mitsubishi UFG wants to hire...
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