Career Crunch: Key London financial services headhunters, how Goldman quizzes...
It’s been an active week for Barclays with the departure of key U.S executives and bomb scare outside its London HQ. Catch up on this and other top stories on eFinancialCareers over the past week. Six...
View ArticleThe one area where Goldman Sachs has failed
Maybe advisory firm Lewis Glass is just a really hard grader. Or maybe banks are back to their old tricks again when it comes to executive pay. One day after news broke that the proxy adviser gave...
View ArticlePimco says yes to equities; Deutsche Bank hiring in spots
In the latest hiring roundup, Deutsche Bank is adding to its healthcare and compliance teams, two EU startups are growing rapidly and Pimco is taking an equities plunge. DB adding to healthcare team...
View ArticleThe hot candidates that buy-side firms in Asia are clamouring to hire
Fund accountants at private-equity and other buy-side firms in Asia are becoming more highly sought-after this year. But while funds in Hong Kong and Singapore will gladly consider candidates from...
View ArticleMorning Coffee: Goldman Sachs’ hidden camera pranks on its senior staff....
People at Goldman Sachs have a sense of humour. Bloomberg reports that Goldman executives have been hiring actors to perform ‘hidden camera pranks’ on senior partners who are seemingly accepting of...
View ArticleSurprise! Massive pay cut at Barclays’ investment bank. Investment bank...
It is a morning of surprises, or not. Both Barclays and UBS have reported their first quarter results. Neither are especially good, but UBS’s contain some surprisingly good news and Barclays’ contain...
View ArticleInvestment banks and private equity firms battle for ‘elite’ junior bankers
Everyone wants a good junior investment banker these days. Unfortunately for any analysts and associates assuming that they’re hot stuff, both banks and private equity firms are only fighting to...
View ArticleWhy breaking up is hard to do in banking
There’s one main common denominator that drives executive pay at banks, and it’s not performance. The key driver in executive compensation in banking is simply the size of the institution. In a rather...
View ArticleQuestions to know if you want to score a junior investment banking role at RBC
Junior investment banking interviews are relatively standard, with most banks asking a mix of behavioral and theory questions. That said, each firm tends to concentrate on different forms of...
View ArticleMorning Coffee: RBC on hiring push in M&A, equity research. Man made $24k a...
After a long period of ‘bedding down’, it seems that RBC Capital Markets is hiring again in Europe. The Canadian investment bank recruited heavily in London after the financial crisis, but has been a...
View ArticleNomura continues fixed income push with double MD hire
While most investment banks have been struggling with tumbling revenues in their fixed income currencies and commodities (FICC) divisions, Nomura has just announced its best performance in three years....
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How bonuses of $250k, $500k and $1m are structured at Goldman Sachs
As part of a new series on the structure of compensation at investment banks, we’re looking at the way you can expect to get your bonus structured at various pay levels across leading investment banks....
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The investment banker of the future: Compliant, entrepreneurial and...
There’s no shortage of research into the future of investment banking, but most focuses on the needs of institutions to retrench from various business lines and continue to cut staff. However, with...
View ArticleThe hot space where hedge fund hiring is happening
The dust has largely settled from the buy-side’s annual post-bonus hiring spree, where hedge funds and private equity firms take their pick of the best talent investment banks have to offer. However,...
View ArticleEnergy-focused alternative asset manager ramps up pay to £1.6m a head
Pamplona Capital Management, the energy-focused alternative asset manager that is backed by Russian oligarch Michail Fridman’s Alfa Group, has ramped up pay for its partners following a year of...
View ArticleTelltale signs your job may be on the chopping block
While the massive purging of banking jobs may now be in the past, there are still plenty of firms that are cutting headcount, particularly at the senior level, and often for very little reason other...
View ArticleIn 2013, JPMorgan paid London markets professionals $559k each. Citigroup, $384k
Once upon a time, it was easy to establish how much JPMorgan paid its investment bankers. The company broke out compensation and its headcount for its investment bank on a quarterly basis and everyone...
View ArticleEight interesting ways in which recruiters in Asia work differently from...
Are you contacting agency recruiters about banking roles in Asia? Is your resume constantly getting rejected? Or perhaps the recruiters just aren’t returning your calls? It may be that you’re taking...
View ArticleMorning Coffee: 27.5% of jobs at Barclays investment bank to go in two years....
Starting from 10am today, the fate of Barclays’ investment bankers will be sealed (again). In the third major strategy presentation in as many years, CEO Antony Jenkins is due to unleash his vision for...
View ArticleHow to combine teamwork with ruthless selfishness to progress your investment...
There’s no ‘I’ in ‘team’. There are a few in ‘managing director’ and ‘chief executive officer’ though. Investment banks won’t let you through the door unless you can provide evidence of being a...
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