Clik here to view.
Quantifying the sudden decline in popularity of @GSElevator, John Lefevre
It’s nearly one month since John Lefevre, a 34-year old ex-Citi bond trader was unmasked as the man behind the super-popular @GSElevatorTwitter account. Since then, Lefevre has lost his book deal with...
View Article“Some FX traders at RBS are so happy with their bonuses, they’ve dropped...
Reports of widespread withholding of foreign exchange bonuses at Royal Bank of Scotland, Barclays and Citi may have been overdone. The Financial Times reported earlier that FX bonuses at these banks...
View ArticleJob Market Pulse: Fund manager makes U.S. hiring push, London finally adding...
In this week’s hiring roundup, a European fund manager eyes US expansion, Pimco prepares for an equities push and Millennium refuses to stop hiring on the buy-side. French fund manager hiring in U.S.,...
View ArticleSix finance jobs that pay a minimum of £1,000 a day
The financial services contract recruitment market has improved over the past few months, but rates are still being crushed by some investment banks who view temporary hires as an easy way to cut...
View ArticleMorning Coffee: Yes, BAML is hiring in London. How to be 26 and drive a...
While senior fixed income bankers quit the likes of Morgan Stanley for hedge funds, one bank seems to be building its fixed income business despite the challenging market conditions. That bank is Bank...
View ArticleThe international hunt for talent for this new financial regulator
Financial regulators around the world are staffing up – the European Central Bank is adding an additional 1,000 people, the Bank of England is in the midst of a risk recruitment spree and the SEC has...
View ArticleConfessions of a former HR director from a major US investment bank
What really happens behind the scenes in a big US investment bank? We spoke to a director of HR who recently left one leading US bank in the City. He’s still in HR, but not in banking any more. He...
View ArticleClik here to view.
75 names you need to know if you want a job at BAML, UBS, and Credit Suisse
It’s that time of year: banks (in theory) are hiring for their front office businesses after bonuses have been paid. Who are the decision makers who will determine hiring in their key businesses...
View ArticleClik here to view.
A breakdown of private equity earning power by company size
Relative to their size, smaller private equity firms offer more job opportunities, but if money is your main motivation it’s best to target the larger companies. Making the switch into private equity...
View ArticleThe six most common investment banking interview questions and how to answer...
For recent graduates, investment banking interviews are built on two main structures: personal behavioral questions and technical queries. As we’re told, the latter tend to be rather formulaic. There...
View ArticleWas this ex-head of equities at Credit Suisse too confident about his job...
It would be difficult to be much more upbeat about leaving your job of six years at the top of a major investment bank than Matt De Salvo, the ex-head of U.S. equities sales and trading at Credit...
View ArticleThe private banks that are hiring in Asia right now
If you’re looking for a job in Asian private banking but you’re sick of working for a major multinational, both boutique European firms and expanding Asian banks are staffing up on relationship...
View ArticleMorning Coffee: Skip McGee richer than before. McKinsey’s stupid slogan for...
We’ve pointed out previously that it was the ex-Lehman bankers at Barclays in the U.S. who were responsible for the swollen bonus pool that’s causing the fuss surrounding Barclays in the UK. Today...
View ArticleCost-cutting Credit Suisse loses more expensive bankers who’ve worked there...
Credit Suisse is on a cost cutting mission. In the fourth quarter of 2013, expenses were 101% of revenues at its investment bank. That’s not so hot on any measure, and particularly when you consider...
View ArticleClik here to view.
Barclays’ investment bank is currently valued at nothing at all
Barclays’ investment bank used to be the jewel in the crown. Right now it looks like a piece of worthless coloured glass. Analysts at Deutsche Bank point out that at Barclays’ current share price, the...
View ArticleUncovering the investment banking cliques
Investment banks, despite being global behemoths, would have you believe that everyone is singing from the same hymn sheet. Everyone is indoctrinated into the same training scheme, everyone is on...
View ArticleIs this the most simultaneously interesting and underpaid trading job in an...
If you want to work as a trader in an investment bank, you probably haven’t thought of targeting the ‘capital management desk’. That might be a little remiss of you. By all accounts, capital management...
View ArticleClik here to view.
Ex-Citi UK chief now free to don frilly cravats, tights and knickerbockers
Maurice Thompson, the former head of Citigroup’s UK operations whose departure was announced last month, has now formally left the bank, according to filings on the FSA register. He’s off to pursue...
View ArticleThe best (and worst) ways to sign off a work email
While the content of your automated email signature is certainly nothing to lose sleep over, it does convey something about you, whether you recognize it or not. Perhaps the most important aspect is...
View ArticleYes, you need a rich family to work in finance
This was spotted by Matt Levine at Bloomberg and originally ran on NPR, so we’re presenting it to you kind of third hand. Nonetheless, it makes for interesting reading if you’re hoping to work in...
View Article