RBS contractors have four to days accept 10% pay cut, or quit
Royal Bank of Scotland has implemented another 10% rate cut for thousands of contractors globally, announcing the move on Thursday – the day before the long Easter weekend. On 17 April, RBS told all...
View ArticleTen interview questions you’ll need to answer if you want to work in equities
The slow death of fixed income trading over the last three quarters has forced banks to recalibrate their focus on units that can actually make them money. Equities, which has historically played...
View ArticleHow to jump from an investment bank to a hedge fund
Young financial pros have been given the same advice for years: join an investment bank out of school, work your tail off for three to five years, and then pick your head up and look to leverage your...
View ArticleBehold the European bank poaching top talent from rivals in Asia
If you’re job hunting in Hong Kong or Singapore right now, Societe Generale should be on your radar across a number of banking functions – from fixed income to trade finance. The French bank has been...
View ArticleMorning Coffee: Why Barclays’ pay excuses are a little off. Working at...
Yesterday was Barclays’ AGM. As predicted, it was a heated affair. Investors complained about pay, protestors protested about tax havens and about Barclays-backed coal mines. There were people wearing...
View ArticleThinking of quitting? Here’s how your employer should convince you to stay
Congratulations, you’ve been offered a new job! Now comes the dilemma. If you’re a valuable employee (which, of course, you are), then your current employer will look to keep hold of you. The problem...
View ArticleFear stalks UBS ahead of May 6th
If you work at UBS, you should perhaps be afraid. The Swiss bank is analysts’ latest darling, but that doesn’t mean that banking jobs there are safe. As has been pointed out this morning by Christopher...
View ArticleCheyne Capital raids the ranks of poker-playing hedge fund manager
Cheyne Capital, one of London’s most seasoned hedge funds, has swooped on senior employees of Meditor Capital Management, the $3bn fund that closed its European equities fund in December. Martin Glen,...
View ArticleCanaccord hiring M&A bankers, promoting them in the process
Where can you switch jobs and get a promotion these days? Try Canaccord Genuity. The independent investment bank is said to be recruiting senior M&A bankers from major investment banks in London...
View ArticleBankers see themselves in Dimon, Blankfein
The results are in, and they’re not terribly surprising. Earlier this week, we put together profiles of 10 banking CEOs, looking at their management styles, personalities and quirky habits, and asked...
View ArticleVP and director: the new worst job titles in investment banks?
Forget the harsh apprenticeships of junior investment bankers: pity the vice presidents (VPs) and weep for the directors. For, who would be a senior to mid-ranking investment banker now? On one hand,...
View ArticleCareer Crunch: The easiest routes to six-figures, how bankers identify with...
Nearly 11,000 RBS contractors have been informed of an impending pay cut, the easiest route to £100k and more top stories of the past week on eFinancialCareers. Forty ‘easy’ banking jobs that pay...
View ArticleSix interesting jobs that Goldman Sachs, JPMorgan, Morgan Stanley and Citi...
Want to know where the talent shortages are in investment banks now? You can always ask recruiters. You can always look around at where the empty chairs are. Or you can look at banks’ own websites and...
View ArticleJob Market Pulse: Traders, researchers needed in equities; Citi’s sneaky...
In this week’s hiring roundup, Citi needs capital specialists, banks are desperate for equities staffers and a regulator needs bodies. AML workers needed…badly Banks are desperate for anti-money...
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One chart showing where investment bank staff should be powerful and...
Do you want to work for a bank where the investment banking employees are key profit generators and should (in theory) command the respect of senior management? Try Barclays. Or not. As the chart...
View ArticleMorning Coffee: Where to find 100k new banking jobs in the UK. Bob Diamond...
You would never have guessed it from all the talk about imminent redundancies, but banking jobs in Britain are thriving. Or at least, they have been. Or at least they have been in theory. 100,000 new...
View ArticleHow investment bankers can do a meaningful job for a ‘mere’ £100k
Investment banks would have you believe that they’re hammering ethical behaviour into their employees to ensure it’s no longer all about the money. However, if finance professionals wanted to find a...
View ArticleMassive increase in salaries at Deutsche Bank, which is hiring 500 compliance...
It’s Deutsche Bank results day. Ostensibly, things aren’t so bad. The German bank achieved a return on equity of 19% in its corporate banking and securities division, costs were a mere 63% of total...
View ArticleInvestment bankers really aren’t that special, says former banker
Banking, perhaps more than any other industry, relies on human capital. There’s no widget to sell. Really, it’s all about employing the smartest, most capable people. As such, banks go to extreme...
View ArticleReal-life interview questions asked to current Goldman Sachs employees
Goldman Sachs has dedicated significant time and manpower to improving its recruiting efforts since the economic crisis. Part of that was the launch of its new career site, which includes upwards of 70...
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