Forget passion, those with a plan and system succeed in banking
If you’re at the stage of your finance career where you’re wondering how you got here, how you’ll get there, or you have no idea where “there” even is, keep on reading. Most of us started our careers...
View ArticleRBS’s $11m ‘golden hello’ sales super-star Polverino launches own hedge fund
Antonio Polverino, the big-name banker who allegedly received a £7m ($11m) guaranteed bonus for joining Royal Bank of Scotland shortly after it had been bailed out by the UK government, is launching...
View ArticleBank of America falters yet still paces JPMorgan in key sectors
While Bank of America reported a first quarter loss of $276m, driven mainly by $6bn in legal expenses related to the financial crisis, many of the bank’s underlying numbers looked good, at least when...
View ArticleIdeal backgrounds for breaking into Wall Street with no relevant experience
Most Wall Street firms are happy to boast about their programs to recruit military veterans as evidence that they hire people with non-finance backgrounds, but the reality is that it’s become tougher...
View ArticleTen types of candidates who will always fail to get an expat banking job in Asia
It’s tough to get a banking job in Asia these days unless you already have Asian experience – banks in Hong Kong and Singapore want to hire people with mainland Chinese and Southeast Asian networks...
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Morning Coffee: BAML hiring juniors in record numbers. Sexiest banker in...
Bank of America is hiring for its markets division. In the past few months, it’s brought on Michele Foresti from Deutsche as head of its fixed income trading business, along with Tom Klocker from UBS...
View ArticleFive new hedge funds and private equity firms that may hire you
In the search for new job opportunities it pays to keep an eye on the new companies being launched by former senior investment bankers, traders and hedge fund professionals. Over the last two months,...
View ArticleTax day leaves a burr under Wall Street’s saddle
It’s likely been a tough week for Jamie Dimon, Lloyd Blankfein and hundreds of other higher-ups on Wall Street. And no, not because it’s been a lousy first quarter earnings season. The top 1% had to...
View ArticleCiti’s raid on BAML’s equity derivatives business finally paying off
Remember late 2012/early 2013? All those months ago, Citigroup indulged in some equity derivatives hiring. It recruited Lionel Fournier from Bank of America as its EMEA head of equity derivatives...
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Goldman succumbs, cuts pay per head to lowest level for five years
Goldman Sachs has succumbed. Today’s first quarter results reveal that Goldman is now paying its staff less than at any time in the past five years. Compared to 2013, pay per head in the first quarter...
View ArticleThe junior banker’s guide to finding an affordable New York City apartment
Despite some of the recent negative rhetoric, finding a first job on Wall Street is a dream come true for many students, particularly for those moving to New York City for the first time. But know that...
View ArticleWhat Thomas Piketty’s controversial book tells you about being a banker in...
A book is causing a sensation. ‘Capital in the 21st Century’ by Thomas Piketty, a French economist specializing in the study of inequality, has been celebrated for its ‘remarkable achievements’ by the...
View ArticleCareer Crunch: How to avoid rejection at Goldman Sachs, accounting jobs that...
How to avoid rejection at Goldman Sachs, the happiest accounting firms in the US and other top stories you may have missed on eFinancialCareers over the past seven days. How to avoid rejection at...
View ArticleTen ways to make finance recruiters in Asia work hard for YOU throughout your...
Banks in Asia, as we reported earlier this month, have suddenly decided that they can no longer live without the help of recruitment agencies, at least for front-office hiring. Candidates searching for...
View ArticleStrong M&A activity bright spot in Wall Street’s sluggish Q1
With every U.S. bank having reported first quarter earnings, one thing has become clear: M&A activity is officially back. The value of the deals announced during the first three months of the year...
View ArticleJob Market Pulse: UK firm builds credit team, BofA hiring junior markets bankers
In the latest hiring news roundup, Bank of America hires junior markets bankers, private equity firms eye African expansion and a UK asset manager needs US staffers. BofA getting younger in markets...
View ArticleMorning Coffee: Risk professionals needed here. Barclays’ U.S. coup. Ultimate...
Easter is over. In the City of London there was a four day break. During that time, news happened. If you’re a former banking analyst looking for work (and we know there are a few out there still), you...
View ArticleCiti’s ex-hedge fund unit hires securitisation star
Napier Park Capital, Citi’s former hedge fund unit, has made its first UK-based hire for nearly two years with Maxine Malaure, a senior securitisation specialist, joining the firm earlier this month....
View ArticleMid-level bankers crushed by fear of layoffs
Following the untimely death of a Bank of America intern, banks have concentrated much of their efforts over the last year on improving the work conditions of junior staffers. In doing so, perhaps they...
View ArticleForty ‘easy’ banking jobs that pay £100k+ salaries after 5 years
It’s the Holy Grail: a job in banking in which you won’t have to work yourself half to death but you can still earn a six figure salary (plus a bonus) before you’re too embroiled in procreation and...
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