Fitness, naps and meditation: The science of becoming a better fund manager
To gentlemen portfolio managers like Neil Woodford, Richard Woolnough and Anthony Bolton – who are magnets for client assets and earn millions a year – or hot shot (ex)-hedge fund traders like Greg...
View ArticleHow to get a job on Wall Street without rich parents and an Ivy League education
I landed my first banking job in 1995 after 104 rejections. That opportunity gave me a chance to work on Wall Street, which was all I wanted – or needed. In my nearly 20 years in the industry, I have...
View ArticleThe disquiet at Deutsche goes much deeper than coming FICC layoffs
Deutsche Bank is making redundancies. The German bank hasn’t officially commented about the layoffs (and declined to comment for this article), but is expected to dismiss 500 investment bankers over...
View ArticleHow bankers’ children are stopping bankers shifting to jobs in Hong Kong
The children of senior bankers are hampering their parents’ plans to relocate to Hong Kong. When global banks in Hong Kong want to hire or transfer overseas-based candidates who have children, a...
View ArticleMorning Coffee: As young bankers work selves to death, daughter of exec...
So you thought banking had become a nicer place to work following all those well-publicized efforts to reduce young bankers’ working hours? How wrong you were. As widely predicted by everyone with any...
View ArticleEx-Clive Capital CIO wunderkind joins Moore Capital Management
Moore Capital has hired Tristan Almada, the 28-year-old former co-CIO of Taurosso Capital, the in-house hedge fund of now-defunct commodity fund Clive Capital. Louis Bacon’s $12.1bn hedge fund seems to...
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Meet the new ‘insider trader’ gently mocking the City
Is there anything the financial sector fears more than ‘insiders’ giving away all its trade secrets? The demise of the book deal for @GSElevator’s John Lefevre was gleefully celebrated by the bank’s...
View ArticleSix things JPMorgan’s results communicate about banking jobs this Easter
It’s JPMorgan (JPM) results day. As ever, the U.S. bank is the first to report. It’s first quarter dashboard is here. If you’re disinclined to scrutinize the presentations and reports, this is what you...
View ArticleCareer Crunch: When to quit your banking job, how to avoid being rejected by...
Spiralling high frequency trading pay, advice on how to move on after five years in the same firm and other top stories you may have missed on eFinancialCareers over the past seven days. Six signs you...
View ArticleNine wonderful ways that Chinese banks try to retain staff
Mainland Chinese and local Hong Kong banks have been expanding in Hong Kong for several years, picking up talent as Western banks made redundancies and cut back recruitment. But with some global...
View ArticleMorning Coffee: Citi joins FICC cull as Jamie Dimon says just a blip. How to...
Like Deutsche Bank, Citigroup is cutting jobs on the trading floor. The Wall Street Journal reports that the US bank has recently cut 200-300 jobs from its global markets business. After a difficult...
View ArticleThe 11 highest paid accounting in finance jobs globally
So you want to become an accountant working in banking and financial services? With around five years’ experience in accounting in finance, where in the world can you find the highest paid jobs and...
View ArticleSix signs you will be rejected when you apply for a job at Goldman Sachs (and...
It’s not easy to get a job at Goldman Sachs. As we reported earlier this month, the bank rejects 96% of applicants for its analyst (junior) positions and receives 43,000 applications each year. Most...
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These are the signs you should work for Citi instead of JPMorgan, or not
JPMorgan’s first quarter results were out last week. Today we have the Citigroup results, which were unleashed a few hours ago. JPMorgan’s results weren’t too hot: the U.S. bank suffered a 19% decline...
View ArticleJob Market Pulse: UK hedge fund hiring analysts, investment firm opens NYC...
In the latest hiring news round-up, Bank of America eyes growth in Europe, an investment firm opens a New York office and UBS goes on a wealth management hiring binge in Asia. Investment firm opens NYC...
View ArticleMorning Coffee: The new era of cost-cutting at Barclays’ investment bank,...
What’s going to happen to Barclays investment bank when it presents its new plan in June? Tushar Morzaria, the bank’s chief financial officer who took the job six months ago, admitted to analysts in...
View ArticleCV errors to avoid when applying for a finance job in the Middle East
The Gulf is something of a hub for finance professionals; a melting pot for local candidates, Western professionals and those from Asia and Indian sub-continent. However, when to applying for new jobs...
View ArticleThree recent hires at Barclays, Credit Suisse and Deutsche. And what they say...
In theory, banks should be doing some big hiring at this time of year now that bonuses are paid. In reality, hiring is sort of muted while banks try and get costs under control and cut headcount from...
View ArticleSeven golden rules for an epic investment banking career at one firm
There’s a popular perception in investment banking that to keep earning and keep learning you need to move jobs every five years or so. Staying put is stagnating, suggest career consultants and...
View ArticleBrokers who fail exam more likely to face disciplinary action
More than 51,500 stockbrokers have – at least once – failed the Series 63 exam, a basic test which qualifies candidates as securities agents. And – perhaps of more concern – these brokers are more...
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