Ranking the most in-demand programming languages in banking technology
It’s rare that developers in banking are armed with only one programming language. Now, the demand is for ‘full-stack’ developers who can bring multiple programming language skills. Nonetheless, the...
View ArticleReasons not to get TOO excited about the FICC recovery at Goldman Sachs
Goldman Sachs’ fixed income currencies and commodities (FICC) business seems to be growing faster than expected. Only last September, the firm outlined plans to add an extra $1bn in FICC revenues in...
View ArticleAn algo developer who joined Goldman Sachs a year ago just quit for Citi
In theory, Goldman Sachs should be trying its hardest to keep everyone on its strats team happy. After all, strats are one of its priorities – or were under outgoing CEO Lloyd Blankfein. It’s curious,...
View ArticleA Morgan Stanley MD quit to start a Zen quant fund, and people are following her
Former Morgan Stanley managing director Juhua Zhu has left the firm to found New York quant fund Argus Investment Management. Zhu has brought with her at least two former Morgan Stanley quants from its...
View ArticleI’m hiring in Asian fintech: these are the interview questions I will ask you
During my long career in banking – both in Europe and here in Asia – I’ve been on both sides of the ‘recruitment divide’, having been a hiring manager and a new recruit (temp, perm, you name it – done...
View ArticleCICC hires a top Citi analyst in Hong Kong, makes him China team head
CICC has hired senior research analyst Nelson Wang from Citi in Hong Kong, in the latest sign that Chinese banks are building their equities teams in the city and are able to lure candidates from...
View ArticleMorning Coffee: Barclays looks at U.S. retail as alternative to investment...
They say that there’s never a bell rung at the top of the market, but there are some things which seem to happen about once every business cycle. A new record for the tallest building in the world,...
View ArticleThe new most popular banking jobs in London are not what you think
Once upon a time, the most desirable jobs in banking and finance were investment roles in private equity funds and portfolio management jobs in hedge funds. Not any more. Today, some of the most...
View ArticleThe stock pitch that landed a Wharton student a hedge fund interview
Several fintech companies and an app that hosts user debates recently partnered to launch a video-based challenge that pitted hopeful investment managers against one another in an online battle of...
View ArticleWhy Ted Pick’s Morgan Stanley looks like the place to be
Much of the talk yesterday on Wall Street centered around the good timing of David Solomon, who was named Goldman Sachs’ new chief executive on the same day the bank reported strong quarterly results....
View ArticleGoldman Sachs traders fear lower pay under Solomon & Chavez, while Morgan...
David Solomon will be receiving a pay rise when he becomes CEO of Goldman Sachs. Currently paid $1.85m, Solomon will earn $2m a year when he assumes the leadership mantle on 1 October. Goldman’s...
View ArticleHere’s how much technologists at your bank in Singapore are really earning in...
Banks in Singapore are now pitching themselves against large tech firms for IT talent – and not always successfully. As we’ve reported over the past few weeks, companies such as Amazon and Grab are...
View ArticleBehold the next big J.P. Morgan recruitment drive in Asia
J.P. Morgan will need to staff up in China if its new joint venture there gets the go-ahead. But the bank is likely to fill the extra seats by hiring more graduates and poaching China-based bankers....
View ArticleDeloitte is on the hunt for talent as it helps insurers prepare for IFRS 17....
Deloitte is looking to expand its Asia Pacific team to assist insurers as they gear up for the introduction of International Financial Reporting Standard 17 “Insurance Contracts” (IFRS 17). With just...
View ArticleMorning Coffee: Goldman Sachs, Morgan Stanley wrestle over bragging rights....
Investment bankers at Goldman Sachs and Morgan Stanley booked impressive revenue totals during the second quarter, particularly in merger and acquisitions and equity capital markets. The two banks were...
View ArticleI’m a banking intern and I have no social life
Summer internships usually feed 70%+ of full-time recruits into banks’ graduate programmes, and now that I’m into my fourth week here I can see why. Firstly, the hours are, of course, brutal but...
View ArticleOnce-suspended and reinstated UBS trader makes his exit
A longtime UBS trader who was once suspended for over a year as part of the global probe into the manipulation of currency markets has left the bank. Michael Agaisse, UBS’s former head of FX and PM...
View ArticleMore and more ex-Deutsche Bank people are finding jobs elsewhere
Deutsche Bank’s front office redundancies are – theoretically – over. This isn’t preventing the German bank from losing staff who choose to go of their own accords, while those who were ejected...
View ArticleA veteran Stan Chart MD has just joined an Asian tech firm
A Standard Chartered managing director and 11-year veteran of the firm has become the latest banker in Asia to join a local technology company. Han Siang Peter Lim left his Hong Kong-based position as...
View ArticleThe simple reason why no one wants to leave Blackstone
Private equity behemoth Blackstone just posted impressive second quarter results – the value of its portfolio increased by 9.5% over the past three months, up from 6.4% in Q1. The performance led to a...
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