Citi’s London bankers had an excellent Brexit quarter
Today was the turn of Citigroup to report its results for the second quarter. If you’re an investment banker at Citi in London, they look pretty good. Unusually among U.S. banks, Citi gives an idea of...
View ArticleSix hot jobs in Asian private banking
Private banks in Singapore and Hong Kong aren’t only recruiting relationship managers (RMs). As firms from Deutsche to UBS increase their front-office headcount in Asian wealth management, they’re also...
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Morning Coffee: Citi and J.P. Morgan show how Brexit’s helping banks. “Most...
Maybe it was all a horrible exaggeration? Maybe Brexit isn’t about to decimate banking headcount? Maybe everything will be fine and the apparent 30% year-on-year reduction in London banking jobs in...
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Tudor Capital just hired a 20-something high-achiever for equity research
Sell-side equity research is not a good place to be now. MiFID II is encouraging banks to trim their equity research teams. The expectation is that clients who formerly received research for free...
View ArticleThe Brexit divide: How the City of London voted in the EU referendum
If Britons in the City of London had their way, the Brexit vote would never have happened. But just because the majority of finance workers voted to Remain, doesn’t mean that everyone is pro-EU and...
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Banking jobs that will & won’t stay in London post-Brexit: a graphic
Will your banking job, currently situated in the City of London or Canary Wharf, still be situated in the City of London or in Canary Wharf come 2020? Or should you be preparing to decamp to Frankfurt...
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The 6 big messages in Bank of America’s results
Bank of America’s second quarter results are out today. Its investment bank did OK: fixed income sales and trading revenues rose by 22% year-on-year, M&A revenues rose by nearly 27%; and debt...
View ArticleThese seven overseas MBAs could land you a banking job in Hong Kong
If you’re a finance professional in Hong Kong considering spending tens of thousands of dollars on a Western MBA – and taking time out to study abroad – it’s worth knowing which US and European MBAs...
View ArticleHow I quit Goldman Sachs to join a hedge fund in Singapore
You’re a high-flying young investment banker, you work at Goldman Sachs, and you have an MBA from a top business school. There’s a problem, however: you’d much rather be working at a hedge fund....
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Morning Coffee: Goldman Sachs accused of secret restructuring. Candidates...
Is something afoot at Goldman Sachs? All will become clearer when the firm reveals its second quarter results today. For the moment, there is simply speculation – speculation that whatever’s going on...
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Inside the tiny tech-driven market-maker eating the big investment banks’ lunch
XTX Markets is a small market-maker in London that has leapfrogged Deutsche Bank in the spot FX trading league tables and quietly attracted a number of senior employees from bulge bracket investment...
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Has Brexit left Nomura’s London business exposed?
It’s nearly a year since disaster struck Nomura’s credit traders. More to the point, it’s nearly a year since disaster struck Nomura’s credit traders while they were on the beach. Around 60 of Nomura’s...
View ArticleGoldman Sachs has cut 2,600 people this year – more than at any time since 2008
Until today, the word was that Goldman Sachs had cut 400 people so far this year. This is the running total of its dismissal notifications with New York State officials. Yes, there were always going to...
View ArticleThese asset management professionals recently landed new jobs in the U.S.
While 2016 has been a topsy-turvy ride for many financial services firms, top asset management shops have continued to add headcount. Here are some noteworthy recent hires at asset managers in the U.S....
View ArticleThe easiest banking jobs to get in Singapore
If you’re thinking of starting a search for a new banking job in Singapore, it’s first worth considering whether your efforts will be worthwhile. If there are a lot of other people looking for work in...
View ArticleNine things you must do now to land a VP job in Asian banking
It’s arguably never been a better time to work at vice president (VP) level at a bank in Asia. As banks in Hong Kong and Singapore trim more senior staff, VPs are taking on more interesting work and...
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Morning Coffee: Deutsche Bank’s secret Brexit escape plan. A most depressing...
Deutsche Bank’s advice to investment banks wondering whether or not they’ll gain access to the single market after the Brexit vote is this – move quickly, move first. Frankfurt, Dublin, Paris or...
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20 reasons why Britain needs bankers
Ever since Shakespeare conceived Shylock in 1600, banking has been a profession that it’s fine to vilify in the UK. The pendulum was always hanging closer to hate than to love and it swung violently...
View ArticleHow to uncover hidden job opportunities on Wall Street
Most financial services jobs don’t get widely publicized. Here are tips for uncovering hidden job opportunities on Wall Street that you won’t find advertised. Ask for information and introductions from...
View ArticleLondon’s top finance headhunters for jobs paying £200k
If you want a £200k ($264k) job in London’s banking industry, there are a handful of top financial services headhunters (‘executive search’ professionals in US vernacular) you need to know. Executive...
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