“I want every investment professional in Asia to take the CFA,” says new APAC...
As recently as 2012 there were ‘only’ 30,112 people sitting CFA exams in China. This year the mainland numbers have breached the 50,000 mark for the first time and the CFA is becoming increasingly...
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Deutsche Bank’s 7 step guide to how Brexit could cause a systemic crisis in...
Mark Wall, chief economist at Deutsche Bank, has put together a little guide to Brexit-related-systemtic doom for any pessismists out there. Here’s our redacted version… 1. Brexit means lower growth...
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“I’m a Bulgarian banker in London with a top-notch U.S. education. Brexit and...
I’m a Bulgarian citizen with an EU passport. I was educated in the U.S. but now I live in the UK and work at a brokerage in London. I was not allowed to vote, but I would have voted ‘Remain.’ After a...
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Goldman Sachs’ London bankers are its best, unlike Barclays’
Brexit aside, the real question regarding the figures on banks’ London headcount released by J.P. Morgan this week, is why they’re not higher. After all, the London offices of global investment banks...
View Article10 things you need to know about banking salaries and bonuses in Singapore
It’s the second half of the year – typically a period when banks’ budgets dry up until bonuses are paid. If you’re negotiating pay for a new banking job in Singapore, you need to know what you’re up...
View ArticleDeutsche targets GS, JPM, MS, CS, UBS in big drive to hire 125 Asian bankers
Deutsche Bank is looking to poach private bankers from tier-one rivals in Asia, despite its plummeting share price and a firm-wide cost-cutting drive. The German bank announced last month and...
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Morning Coffee: Barclays’ unusual taste in junior bankers. Is Liechtenstein a...
If you look at the sorts of people investment banks hire onto their analyst programmes, you could be forgiven for assuming that they prefer a certain type of identikit finance student – preferably with...
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J.P. Morgan heavyweights have been hiring for new hedge fund
Two former J.P. Morgan managing directors have quietly been building a team for a newly-launched hedge fund that has just been given the go-ahead by the UK financial regulator. George Polychronopoulos,...
View Article“Actually banking interns, you’re really annoying. Here’s how not to be a pest”
Another summer is underway, and banking interns have descended upon financial institutions like an infestation of locusts. Soon they will be appearing everywhere: previously empty cubicles…the...
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Young, free and single investment bankers in London happy to move to wherever...
Investment banking offers the biggest starting salaries of any industry, but juniors are not enjoying the high life in London. Clustered close to Canary Wharf or the City in flat-shares – or living...
View ArticleHow Point72 is hiring the next generation of hedge fund managers
Point72 Asset Management, the family office that oversees the enormous wealth of legendary hedge fund manager Steve Cohen, doesn’t love the traditional resume format and is facing a shortage of talent...
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J.P. Morgan isn’t rushing to move its staff out of the UK, the huge FICC...
J.P. Morgan’s Q2 results suggest that investment banks’ trading businesses are indeed benefiting from a Brexit bounce. Its markets business was up 23% year on year as its investment bank increased...
View ArticleHere’s who the top private equity firms are hiring in the U.S.
Unfazed by challenges facing other sectors of the financial services industry such as investment banks and hedge funds, private equity firms are hiring in the U.S. Here are some recent hires that major...
View ArticleJob-seekers in Singapore are demanding, obnoxious and too obsessed with money...
You would think that after about five years of tough market conditions in the banking sector in Singapore most candidates (particularly people who’ve been laid off) would have curtailed their...
View ArticleAnxious expat bankers in Asia ditch plans to return home in wake of Brexit
Expat bankers in Asia – British ones in particular – are delaying or scrapping plans to return home, following Britain’s vote to leave the European Union. The prospect of job cuts at banks in London...
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Morning Coffee: Theresa May’s new post-Brexit government and the City. Star...
The chances are that Sajid Javid, the newly-installed communities secretary in prime minister Theresa May’s cabinet, didn’t go into politics for the money. The former Deutsche Bank investment banker...
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Jefferies managing director quits to start independent research boutique
A managing director at Jefferies has left to start his own research boutique targeting hedge funds and institutional investors. Rod Manalo, a former managing director at Jefferies in London, has...
View ArticleJ.P. Morgan’s Q2 tests Tidjane Thiam’s Credit Suisse strategy
Has Tidjane Thiam got the right strategy at Credit Suisse? It’s something we and others have been asking for sometime. And in light of J.P. Morgan’s second quarter results yesterday, it’s something...
View ArticleAre you about to lose your job in UK M&A? A chart
M&A jobs in the City of London aren’t nearly as safe as they used to be. This time last year, M&A advisory businesses were a growth area and banks were busily hiring analysts and associates to...
View ArticleWells Fargo unfazed by Brexit, but investment banking build-out slows
Wells Fargo has been adding to its investment bank even as other banks cut back, but while it’s unfazed by Brexit, this aggressive buildout has been replaced by a more selective approach. Instead, much...
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