Five key questions about Morgan Stanley’s seemingly great quarter
Morgan Stanley’s Q2 results, which showed improved revenues for its newly-enfeebled fixed income business, struggles in equities and better M&A activity, raise more questions than answers. This is...
View ArticleWhere not to work in wealth management, a chart
It’s not just investment banks that are using automation to cut costs. Wealth management firms are at it too. Like banks, wealth managers need to make savings – all the more so because their growth...
View ArticleHere’s what Moelis, Perella Weinberg, Evercore and Houlihan Lokey pay in the...
Big investment banks have been cutting cutting pay, so it’s worth keeping tabs on what boutique investment banks are offering in terms of salaries and bonuses. The trend of elite boutique investment...
View ArticleThe investment banking recruitment process
If you want to work for an investment bank (and you know nothing about it), you might think it’s just a matter of sending in your application at the start of the third year of university and hoping for...
View ArticleSeven of the most interesting young traders in Hong Kong
It hasn’t been the best of years for Hong Kong’s trading community – led by Barclays, several firms have culled their cash equities teams. But Hong Kong remains an important Asian trading hub and...
View ArticleWant a banking job in Asia? You must answer these 11 interview questions
It’s not quite 2008, but as concerns grow about potential job cuts in London, recruiters in Asia are fielding more enquiries from Western bankers looking to relocate. Recruiters and banks in Singapore...
View ArticleMorning Coffee: Overworked 30 year-old UBS trader makes fatal Brexit error....
If you work as a trader in an investment bank, let Kweku Adoboli be a guide to all that you don’t want to do. So, you don’t want to spend everything you earn, you don’t want to become addicted to...
View ArticleGoldman Sachs managing director joins boutique London hedge fund
A senior economist who was in charge of emerging markets research at Goldman Sachs has left to join a boutique hedge fund in London. Ahmet Akarli, a managing director and senior Economist at Goldman...
View ArticleIs UBS quietly letting go of people in M&A?
In theory, UBS has finished making redundancies. In reality, recruiters in London say UBS is quietly letting people go from its M&A business. Three senior recruiters at separate firms say UBS cut...
View ArticleThe top universities for the 2016 analyst class at Goldman Sachs, J.P. Morgan...
Talk to graduate recruiters at investment banks and you’ll soon see they don’t want to take a ‘cookie-cutter’ approach to hiring. The ideal candidate – the theory goes – is a well-rounded individual...
View Article“Don’t tell me you’re being discriminated against by Goldman Sachs”
If you believe everything you read, you might think that investment banks are about as pale, male and stale as you can get. That they’re the embodiment of the misogynistic old boys’ network and that...
View ArticleThe IBD revenue split by region and bank in 2016: a chart
Where in the world do leading investment banks earn their money in IBD (M&A, equity capital markets and debt capital markets)? Try….North America. New figures from Dealogic show that every single...
View ArticleJ.P. Morgan Singapore targets arts and STEM students in local graduate hiring...
You’re studying science, not finance, and you’re at a Singaporean university, not an Ivy League one. Unsurprisingly, you don’t think you stand much of a chance of landing a graduate job or internship...
View ArticleWhy banks just can’t get enough data scientists
The world of finance has a new in-demand weapon: data scientists. No longer are front-office banking, brokerage and wealth management professionals the sole driving forces of financial services firms’...
View ArticleMorning Coffee: Barclays’ VPs might be feeling frustrated. Lavish life of 50...
So much for ‘juniorization.’ At Barclays’ European M&A business, the opposite seems to be happening. In an interview with Financial News, Barclays’ senior investment bankers in EMEA, explained that...
View ArticleUBS equity analyst returns to Exane to claim ex-boss’s job
It sounds like the ideal career ‘arc.’ You’re happily working as the number two at a cosy French bank when a more ebullient and high-pressure Swiss bank invites you to come along and be the number one....
View ArticleEx-J.P. Morgan prop trading head still luring London hedge fund managers to...
In theory, the trend of hedge fund managers leaving London for sleepy towns like Zug in Switzerland, or even Zurich or Geneva, is over. Wives have rebelled against the lack of excitement and the lure...
View ArticleInvestment banker fashion fails in the extreme heat
It’s been hot. It’s been very hot. It’s been so hot that people who work in investment banks are turning to their ‘summer wardrobes’. And those wardrobes can leave something to be desired. We asked a...
View ArticleThe easiest banking jobs to get in Hong Kong
If you’re thinking of starting a search for a new banking job in Hong Kong, it’s first worth considering whether your efforts will be worthwhile. If there are a lot of other people looking for work in...
View Article“I left the Big Four for a bank in Singapore. Now I want to go back”
I’ve now made it to the middle ranks at one of the largest foreign banks in Singapore – and I didn’t even start my career in banking. My first job was as a Big Four auditor. But despite having forged a...
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