Clik here to view.
The new best jobs at U.S. banks in London for early 2019
If you’re a pessimist you might presume it will be hard to find a banking job in London in 2019. After all, what with Brexit and the difficult fourth quarter, banks are surely reining in their...
View ArticleClik here to view.
Another top portfolio manager is going to ExodusPoint
ExodusPoint has done it again. The hedge fund that won’t stop hiring is understood to have poached yet another portfolio manager in New York City. The fund’s latest hire is understood to be Todd Brick,...
View ArticleClik here to view.
How to quit your Asian banking job in 2019 without massively losing face
Job hopping may be rife in Singapore and Hong Kong banking, but it still pays to quit your role in the right way. The cities’ financial sectors aren’t large enough to guarantee that you won’t be...
View ArticleClik here to view.
Morning Coffee: The bank that lost its MDs and found some juniors to replace...
There is a paradox of cost cutting exercises, which is that they tend to over-deliver on the headcount reductions. If you fire 10% of your staff, then you will typically find that another 10% leave....
View ArticleClik here to view.
COMMENT: The horrors of working in banking technology, and how to handle them
A career in banking technology can seem like a safe and secure path. – Less volatile than hedge funds with their hire and fire mentality, and much less likely to fail than fintech start-ups who rely...
View ArticleClik here to view.
“A bank won’t negotiate my salary during the hiring process. Is this normal?”
The question: “I’m an experienced quant at an international bank in London and I’m looking for some advice as I prepare to move jobs. I’ve interviewed with a large European bank and have been offered a...
View ArticleClik here to view.
Former Citi trader returns as MD after brief stint at Goldman Sachs
A former distressed debt trader at Citi has returned after a very short stint at Goldman Sachs. While the time away from Citi was brief, it was also likely very profitable. Peter Hall, who left Citi as...
View ArticleClik here to view.
The 10 banking hires that will transform 2019
While overall headcount in banking for 2018 has likely remained neutral, if not down a bit, banks have been extremely aggressive this year when it comes to the recruiting of MD-level talent. In a...
View ArticleClik here to view.
COMMENT: There are issues at the top at Goldman Sachs
As a proud alumnus of Goldman Sachs, I am angered by the 1MDB scandal. I am even more angered by the inadequate response from senior leadership. Leadership, led by CEO David Solomon, continues to...
View ArticleClik here to view.
Morning Coffee: BofA CEO acknowledges strategic mistake. KPMG’s harsh new policy
Perhaps the biggest drama surrounding Bank of America this year has concerned its investment bank, particularly in M&A. Reports began surfacing early in the summer that investment bankers had grown...
View ArticleClik here to view.
Meet the people with one month off from their banking jobs this Christmas
If you’re working in finance and are based in Europe, you are probably either on your Christmas break already, or are preparing for two weeks off starting from Christmas Eve. ‘Tis the season, and the...
View ArticleClik here to view.
Ranking the hedge funds that pay the best
As it turns out, hedge funds employees who work the hardest don’t always get paid the most. Our recent ranking of hedge funds based on working hours doesn’t match up all that well with those that pay...
View ArticleClik here to view.
Goldman Sachs bankers have reason to fear the first quarter of 2019
Today is the winter solstice in the northern hemisphere. The spring equinox is in three months’ time, on March 20th. If you’re a banker at Goldman Sachs, these could be three months of uncertainty and...
View ArticleClik here to view.
Morning Coffee: What it really feels like when you burn out as a banker....
With the nights at their longest and the mornings at their darkest, this time of year has many bankers feeling the stress even more than usual, particularly if deal timetables or market volatility mean...
View ArticleClik here to view.
The sweet-spots for pay, by bank, in the 2018-2019 bonus round
Christmas may not be a time to think about pay, but on the off-chance that you are, or that you’re reading this after the big day, we’d like to present you with the most detailed forecasts yet for the...
View ArticleClik here to view.
Why it’s hard to save money when you’re a 22 year-old banker on $100k
Last year, I was at a friend’s birthday party, who, like me, worked in investment banking. Unsurprisingly, most people at the party was working in the same space; many well-off, promising faces from...
View ArticleClik here to view.
Is your banking career ruining your body and mind?
It’s December, the time of year when even the stoutest constitutions and youngest revellers are likely to spend a morning or two wondering about the long term health consequences of the banker...
View ArticleClik here to view.
Why bankers struggle to live on a salary alone
People who don’t work in finance think bankers are all inordinately rich. This isn’t necessarily the case – especially at the start. When I started out in banking in 1999 I was on a $40k salary. I’m...
View ArticleClik here to view.
How to stay married when you work in banking
Everyone knows it’s no bed of roses to date a banker. Nor is it the easiest thing in the world to be a banker looking for love. But one way or another, it does seem to happen; singleton analysts...
View ArticleClik here to view.
Morning Coffee: It’s 2019 and Deutsche Bank would like everyone to calm down....
Banks typically try not to say that they are well-capitalised and have no need of state aid, because it tends to invite speculation as to why the reassurance might have been necessary. But when you’re...
View Article