Why UK asset management jobs could start heading to the U.S.
Speculation is rampant that asset management firms in the UK may start moving jobs out of London to other EU states like Luxembourg and Ireland as the repercussions of the Brexit vote become more...
View ArticleI was an ED at Goldman Sachs in Hong Kong – now I sell kids’ clothes
You’re one rank away from reaching managing director at Goldman Sachs and you’ve got there a mere eight years into your banking career. You stick with the bank, you perform well and MD is on the...
View ArticleMorning Coffee: Abusive Barclays trader really tried to do right thing. A...
The Barclays LIBOR trial is nearing its conclusion. On Monday, three ex-Barclays’ staff, Jonathan Mathew, 35, Jay Merchant, 45, and Alex Pabon, 38 were found guilty of rigging LIBOR. The three men have...
View ArticleAn ex-Goldman Sachs MD on the art of keeping your job
2016 is a rough year. Are you worried about being laid off? I started out in 1999, and within a year of starting we had the 2000 tech bust. Then came the 2002 recession where the S&P went down –...
View Article9 tips for networking on Wall Street this summer
Summer is a great time to network, whether you’re attending a conference, a meeting of an industry organization or happy hour at a local watering hole or private club. However, no matter how many...
View ArticleRBS lets go of researchers ahead of MiFID II
MiFID II won’t come into force until 3rd of January 2018 and history suggests it could be delayed further still. Nonetheless, banks aren’t waiting to cut costs. Headhunters say RBS is the latest to...
View ArticleScottish asset managers not banking on independence after Brexit
Scotland is presenting itself as an alternative location to London for finance jobs. If the UK triggers Article 50, Scotland is likely call for a second referendum for independence in order to preserve...
View ArticleDoom at Deutsche Bank?
When even the BBC starts running about Deutsche being the most dangerous bank in the world, it’s probably time to sit up and listen. Things haven’t gone well for Deutsche since the Brexit vote, and...
View ArticleSocGen’s Singapore boss on why you should still choose banking over tech or...
Global investment banks can still offer careers to match or beat those in technology, private equity or hedge funds, says Pascal Lambert, Societe Generale’s head of Southeast Asia and group country...
View ArticleMorning Coffee: Credit Suisse says its hiring plans are totally unchanged....
Did Credit Suisse have some big hiring plans for 2016? Last thing we heard, Credit Suisse was preparing to cut London headcount by 30% and was chucking unwanted equities staff overboard. Away from the...
View ArticleA bank is quietly taking this opportunity to hire
It’s not just Credit Suisse that’s boldly hiring in 2016. Nordea has been recruiting too. Whether Nordea is still hiring is unclear, but it was certainly hiring before the referendum. And it looks well...
View ArticleJefferies’ co-head of mortgage backed securities and ABS has just left
The co-head of the mortgage and asset-backed securities group for Europe at Jefferies has left the bank. Steven Hulett, who joined Jefferies from Royal Bank of Scotland in June 2009, has just departed,...
View ArticleThese are the graduates elite boutiques are hiring in the U.S.
The first half of the year was a rough one for many investment banks. Global investment banking revenue fell 19% year‐over‐year to $33.7bn, the biggest first-half drop since 2012, with M&A revenue...
View ArticleHas everyone forgotten J.P. Morgan’s historic connection to Paris?
Jamie Dimon is at it again. Just when everyone thought the predictions of thousands of City job losses were a conspiracy concocted by all those who aren’t in affinity with Andrea Leadsom, J.P. Morgan’s...
View ArticleEverything you need to know to land a coveted KPMG internship in the U.S.
So how difficult is it to land a KPMG internship in the U.S.? Last year, KPMG received 27,000 applications from students in the U.S., which led to the firm hiring an intern class totaling 3,000, winter...
View ArticleMeet seven of the most impressive young VPs in Hong Kong banking
If you’re intent on reaching the upper echelons of banking in Hong Kong, becoming managing director is probably your ultimate goal. But it’s possible to achieve senior status and have a satisfying job...
View ArticleBrexit triggers surge in London-based Singapore bankers seeking return home
Singaporean banking professionals working in Britain have already started looking for jobs back home following the UK’s Brexit vote. And banks in the city state are set to take advantage of this new...
View ArticleMorning Coffee: Relax, London banking jobs are fine! The problem with ‘bro...
It’s OK, relax, we’ve got this. After unrelenting coverage that one of Dublin, Paris or Frankfurt will displace London as Europe’s leading financial centre sinceEU referendum, the City’s investment...
View ArticleCredit Suisse director moves into a tech start-up
A female director in Credit Suisse’s equity team has departed for a London-based tech firm after more than 12 years in investment banking. Lina Balteanu, who was a director in Credit Suisse’s equity...
View ArticleThe queue to get into private equity just got longer
When, in the early hours of 24 June, it became evident that the Leave campaign was about to edge the Brexit vote, investment bankers in the City started considering their options. “We had CVs sent...
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