How bonuses of $250k, $500k and $1m are structured at Citigroup
If you’re looking for a U.S. investment bank that pays handsomely, in heavy quantities of cash, Citigroup may be the place to be. Headhunters report that the U.S. bank is one of the most generous cash...
View ArticleBanks banding together to fight excessive broker pay
If you’re a financial adviser with a proven book of business, you’ve been in the catbird seat for the last few years. Banks and brokerage houses have been fighting over talent aggressively, offering...
View ArticleDon’t mention meditation: Inside the health craze sweeping the financial sector
It’s an awkward moment; after explaining that mindfulness techniques in the workplace have moved a long way from their Buddhist meditation roots, the instructor of our small introductory class rings a...
View ArticleJPMorgan big-hitter joins notoriously high-paying hedge fund
JPMorgan’s head of Asia equities trading, Cyril Levy-Marchal, has joined Capula Investment Management’s expanding Hong Kong office. Levy-Marchal joined Capula at the end of April as a portfolio...
View ArticleNine things to know before you even think about starting an internship on a...
In a matter of weeks, this year’s summer analyst classes will start in the City of London and on Wall Street. If you’re wondering where to satisfy your stomach during your Wall Street internship, we...
View ArticleCareer Crunch: The most attractive investment banking jobs, how to ace...
We offered a guide to the best investment banking jobs, the best banks to work for across various divisions and the best pay packets on offer among U.S. institutions. This, and the rest of the top...
View ArticleEmerging banks battle global giants in Asian job sector with “crazy hiring”
Relationship managers in the trade-finance sector are so sought after in Singapore that banks are prepared to offer 80% salary rises to snare new senior recruits. And if you’re a trade-finance...
View ArticleIvy Leaguers planning short stints at banks, consulting firms
Many of the best and brightest are still headed to Wall Street and taking jobs in consulting. They just don’t plan on staying there very long. On the surface, Harvard’s annual senior survey doesn’t say...
View ArticleAwkward questions that JPMorgan suggests asking in interviews with CS, UBS,...
These are still difficult times for investment banks. While capital markets revenues boom, sales and trading revenues are floundering. A new report from banking analysts at JPMorgan predicts that fixed...
View ArticleCFA offers prestige, but don’t expect a huge pay raise
If you think earning a Chartered Financial Analyst (CFA) certification is the key to riches, think again. While a CFA credential can certainly brighten up a resume, it shouldn’t embolden you to charge...
View ArticleMorning Coffee: Goldman finally admits it’s overstaffed. The most degenerate...
In a bad sign for fixed income currencies and commodities (FICC) professionals everywhere, Goldman seems finally to be deciding that FICC revenues won’t be coming back soon after all. Fox News reports...
View ArticleInvestment banking popularity on the slide in Europe, on the up in the U.S.
Investment banks have no problems attracting enough candidates for their graduate jobs. For every available position last year there were 135 applications and even when some firms released new front...
View ArticleA year on from the death of Moritz Erhardt, what can banking interns expect...
Investment banking summer internships are always harsh, but this year’s banking interns may be inclined to temper that harshness with pragmatism. Is it really worth working stupidly long hours when...
View ArticleThe hard work traders put in that sends them backwards
Easy there Poindexter. New analysis suggests that traders who rely on technical analysis should put away their pricing charts and trend maps and just stick to the fundamentals. The study, conducted by...
View ArticleHow to pass CFA Level I when you’re seriously panicking with one week to go
Saturday 7 June is CFA exam day. If you’re not ready now, you may never be. The CFA says you need six months to prepare for each of its exams. If you haven’t prepared yet, you might therefore want to...
View ArticleThe most creative ways shareholders complain about banker pay
Annual shareholder meeting season is finally over. While most U.S. banks offered minimal highlights – likely due to their habit of hosting meetings thousands of miles from home – European firms and...
View ArticleCareer Crunch: Common fibs of finance recruiters, how to ensure you pass the CFA
Banks in Asia are offering their staff ‘laughter yoga’ to improve their well-being, top tips for the upcoming CFA exams and other top stories on eFinancialCareers over the past week. Take a moment to...
View ArticleThe 10 highest paying back office jobs globally
Working in the back office isn’t what it once was. Investment banks and buy-side firms alike are increasingly making use of ‘higher value’ locations – to coin a phrase from Goldman Sachs – and...
View ArticleHedge fund loses £60m in 2013, continues to hire regardless
Hedge funds are usually small organisations and a period of underperformance doesn’t automatically equate to job losses as is usually the case in investment banking. So it is with AKO Capital, the $9bn...
View ArticleThe controversial tool one hedge fund uses to retain talent
BlueCrest Capital Management has likely hired more new staff in the last year than any other hedge fund. Undoubtedly, BlueCrest’s growth plans have been aided by the shrinking of the sell-side – it’s...
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