What 3 recent recruits at JPMorgan tell you about getting a job there
So you want to work for JPMorgan? It is, after all the top investment bank in the world on many measures according to this helpful chart from research firm Coalition. However, getting a job at JPMorgan...
View ArticleHedge fund run by ex-Deutsche executive more than trebles pay
Capeview Capital is a hedge fund set up by a former investment banking trader, backed by Goldman Sachs’ private equity fund, and has a habit of hiring from bulge bracket banks. However, unlike the...
View ArticleSurvey suggests £96k+ bonuses possible 2 years into a finance career
How much will you earn if you go into banking and financial services after you leave university? More than in most other industries remains the answer. But can you really earn a near-six figure bonus...
View ArticleJob Market Pulse: Private bankers, equities staffers wanted
In this week’s hiring roundup, private bankers are needed in the East, a bond giant makes an equities push and a once-fertile financial capital begins to regain its footing. Goldman hiring in Dubai...
View ArticleSad quotes from ex-bankers working themselves to death in new industries
Bankers work hard. In some cases, they can seemingly work themselves to death. And as we’ve noted before, a few years of 80 hour weeks in a financial services career can be detrimental to both your...
View ArticleMorning Coffee: Top equities banker likely poached for gigantic sum....
In the latest sign that banks are investing in money in top people after bonuses have been paid, Phil Allison, the global head of cash equities at UBS, is departing the Swiss bank. Allison is...
View ArticleMorgan Stanley’s new IB MENA chief on the importance of keeping your head...
When Morgan Stanley unveiled its list of new managing directors there were a lot of New York investment bankers, a good proportion of women and an unusually high number of techies on the list. However,...
View ArticleDid this ‘upstart’ just poach UBS’s global head of cash equities?
Speculation is growing that Phil Allison, the ex-UBS head of global cash equities (and head of EMEA equities) who contributed to a 60% increase in the bank’s equities sales and trading revenues last...
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How a Masters in Finance will affect your pay
Masters in Finance course are, it could be argued, a big investment without a huge return. Students pay tens of thousands to study for an additional year after their undergraduate degree, getting a...
View ArticleWall Street firms join mental health alliance as suicide tally grows
Following a recent spate of apparent suicides, big banks and other financial firms are being pushed to look into making cultural changes that could improve the mental health of their employees. Eight...
View ArticleBanks’ weird hierarchies: what analysts, associates, VPs, MDs do really
What do investment banking job titles really signify? The storm of acronyms is bewildering to anyone outside banking who thinks a company has only one managing director (MD), or only a handful of vice...
View ArticleThe ideal background for working at Goldman Sachs
In an effort to build out its career site, Goldman Sachs has been methodically adding profile descriptions of some of its junior and mid-level staffers. The investment banking division now has 11...
View ArticleThis psychologist specializes in working with bankers on the edge, but was...
There are plenty of psychologists in the City of London. Organisations like the Rood Lane Medical Centre in New Broad Street or the City Psychology Group at Canary Wharf spend their time consulting...
View ArticleNine careful ways to refuse a counter offer in Asia without burning bridges...
If you’re a banker in Asia and you’ve just landed a new job, there’s a good chance that your current boss will greet this news by making you a counter offer. As we reported earlier this week, several...
View ArticleMorning Coffee: Why Carlyle is a more exciting place to work than JPMorgan....
And then there was one. – JPMorgan has lost the co-head of its investment bank, 48 year-old Michael J. Cavanagh. As widely reported yesterday, Cavanagh is off to become co-president at private equity...
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Calculating the optimal time to quit your banking career
When you start out in investment banking there’s a definite upward trajectory with pay rises and promotions ahead of you (assuming that you continue to make the cut). But is there a point when your...
View ArticleEx-BNP Paribas London bankers facing impoverished French retirement
Where do you go to retire in France if you don’t have too much money? Certainly not the Côte d’Azur, where shriveled millionaires in small trunks frolic on large yachts. The less prestigious...
View ArticleHedge fund managers: 70 hours a week and loving it
If you happen to work in investment banking and don’t put in at least 90 hours a week, you’re not even in the game. Bankers understand this, and often become so entrenched in the long-hours culture...
View ArticleSix reasons why you might leave UBS’s thriving equities business
UBS’s equities business is doing immensely well. Its revenues increased by 60% year-on-year in 2013 and the Swiss bank increased its share of global equities sales and trading revenues by 1.4%...
View ArticleWall Street banks, consulting firms quietly gaining in popularity amongst...
The financial crisis and the regulatory nightmare that followed did some serious damage to the reputation of financial services firms, particularly in the eyes of prospective employees, who have been...
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