The ‘two-hour train test’ and other ways of breaking into this sector where...
If you want to make the move into financial PR, there’s no shortage of career options. Flacks outnumber hacks by four to one and financial services organisations have plenty of room for someone who can...
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‘Bankerisation’ of the UK consumer price basket
The Consumer Price Index is the UK government’s chosen index when it comes to maintaining inflation at 2%. The way the index is determined is therefore crucial to the framing of UK monetary policy. As...
View ArticleBarclays has rolled out another 10% rate cut for all contractors in the UK...
What to do if you’re a contractor working in the financial sector who’s been hit with (another) 10% rate cut? Last year, when the banking world was floundering under an ever-growing number of job cuts,...
View ArticleWhat the layoffs at Zurich tell you about the market for insurance jobs
Banks aren’t the only financial services institutions cutting costs and trimming staff. Zurich Insurance is cutting 800 jobs globally in an effort to save itself $250m. This follows a series of other...
View ArticleSix questions you should prepare to answer in any junior trading interview
We can’t tell you the exact questions that you will be asked when you sit down in an interview for a trading position: that will depend not only on the company and the interviewer, but on the the state...
View ArticleHow to land a new job when you have no time to look
It’s a bit of a Catch-22. You’re looking for a new job, in part, due to the massive number of hours you’re putting in at your current position. But those hours keep you in the office, making it near...
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Where to go if you want to find ex-UBS bankers simulating a beach party in...
We already know that the men of UBS are somewhat smooth. If you want to see their smoothness in action alongside ‘film producers, athletes, fashion taste-makers’ and other bankers, in a beach-like...
View ArticleThe candidates in Asia who spam 50 identical emails to 50 recruiters at the...
Mainland China is still a candidate-led job market in which finance professionals are frequently enticed to change companies. But job searching in the PRC is by no means straightforward, especially if...
View ArticleMorning Coffee: End game at Barclays? How to avoid the six year bonus clawbacks
How many different chief executives can one investment bank stand? If you look at the recent history of UBS, the answer would seem to be quite a few. Investment bankers at Barclays have been used to a...
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Andrea Orcel and the strangely enormous benefit payments
Unlike Eric Bommensath and Tom King at Barclays, Andrea Orcel is very popular as the chief executive of UBS’s investment banking. Today’s UBS remuneration report contains a gushing appraisal of Orcel’s...
View ArticleBack office workers getting the boot from New York, London
Banks that have been methodically moving back office staffers to cheaper locales are planning to step up their efforts. In a decade, just a sliver of Wall Street’s support staff will remain in...
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Nine strange things you didn’t know from the UBS bonus plan
How will you get paid if you work at UBS? Today’s remuneration report offers some guidance. As we’ve already noted, Andrea Orcel - chief executive of the investment bank – has done very well for...
View ArticleHow to dress like you should be a banking big-shot
Late July in Cambridge and the swarms of tourists are given a rare photo opportunity. It is graduation day and the university’s students walk in procession from their ancient colleges, through the...
View ArticleDeutsche does not have a ‘soft hiring freeze’ in London. It just hasn’t hired...
Does Deutsche Bank have a ‘soft hiring freeze’ at its London office? London-based financial services recruiters say they’ve been informed that it has. Deutsche Bank tells us that it hasn’t. And yet a...
View ArticleBAML says Barclays’ US ex-Lehman business should go it alone
A note is doing the rounds from analysts at Bank of America Merrill Lynch. It suggests it might be time for Barclays’ ex-Lehman bankers in the U.S. to unpick the deal done by Bob Diamond in 2008, to...
View ArticleCareer Crunch: Finance firms gearing up for Q2 expansion, tips on how to miss...
Missed the articles that could make a real difference to your finance career over the past week? Fear not, catch up on the top stories on eFinancialCareers over the past seven days. Where in the world...
View ArticleHigh cost of living makes 90% of foreign finance professionals wary about...
Singapore’s growing reputation as an expensive location is fuelling even more offshoring and creating a new breed of candidates: foreigners who want to relocate to the city state but suddenly decide...
View ArticleMorning Coffee: Upset as FX bonuses widely withheld. Banks may be...
If things weren’t bad enough in the foreign exchange (FX) market, they’ve just got a lot worse. The ‘FX fixing scandal,’ which has resulted in more than 20 FX traders being suspended or placed on...
View ArticleTen job-hunting tips in foreign climes when you only have a tourist visa
Hunting for a new job in the Middle East used to be easy for expats – if an employer was interested, they’d fly you out for an interview, then extend the offer and arrange all the paperwork. Now, the...
View ArticleYet another top fixed income trader quits banking for a hedge fund
2014 is the year in which fixed income traders are getting out of banks. Headhunters say that Steve Glynn, the former head of Asian fixed income markets at Morgan Stanley, is the latest to go down that...
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