COMMENT: The theory that will take artificial intelligence to the trading floor
If you want to make money in finance, you are probably pursuing ‘alpha.’ But alpha generation is not easy: it requires time series forecasting. It also requires that your (hopefully good) forecasts are...
View ArticleCOMMENT: It’s the season for team moves in investment banks
Most of the time, personnel moves in investment banking are a fairly staid game of chess; one player moves at a time, looking for more money or seniority and each bank tries to build up its franchise...
View ArticleSeven tips for acing the Series 7 and other financial exams
If you want to work in the investment industry in the United States, you’ll likely need to pass the General Securities Representative Exam, known most commonly as the Series 7. While the annual pass...
View ArticleThe six most popular career changes in Asian banking for 2019
It’s 2019. As banking professionals in Asia start preparing to search for new roles in the new year, an increasing number of them are also contemplating more fundamental career changes. Recruiters in...
View ArticleMorning Coffee: The Morgan Stanley bankers who won 2018. Why you should avoid...
Morgan Stanley made headlines around this time last year when it narrowly edged out Goldman Sachs as the world’s top equity underwriter – an honor that had previously been passed around between...
View ArticleJ.P. Morgan poaches head of credit structuring from BNP
Typically, banks rarely make big-name hires near the end of the year as bonus season looms. That wasn’t the case in 2018; banks continued poaching talent well into the winter months in certain business...
View ArticleCOMMENT: Should you bother taking an operations job in an investment bank?
You’re a student who wants to work in an investment bank. You’ve applied for a front office job in sales and trading and you don’t have an offer. What you do have though is an offer to work in...
View ArticleCOMMENT: Why bankers fail at social media. And nine ways they can get it right
Social media is not just for fun. If managed properly, it can help you expand your network within banking and finance, build relationships with friends, gain trust from your colleagues, help win and...
View ArticleMorning Coffee: Redemption for one Goldman Sachs analyst. Banking’s big...
As of the end of the third quarter, Apple was the third most-held stock by U.S. hedge funds, behind only Microsoft and Amazon. So, when the iPhone maker issued its first sales warning in nearly a...
View ArticleThe hedge funds that are doing the most hiring right now
A long list of notable hedge funds suffered through a difficult 2018, with most of the damage coming during the final three months of the year. David Einhorn’s Greenlight Capital reportedly declined an...
View ArticleCOMMENT: “The Big Four in Asia is a millennial paradise. I don’t even mind...
I’ll be honest, I applied to my Big Four firm in Singapore as an auditor because I knew it would be a stable job for a graduate (I have a BBA in accountancy from NUS). Unlike in banking, not many...
View ArticleThese are the most brutal jobs in banking and finance
If you work in the financial services industry and you want to be well-rested, you might want to avoid the sell-side (investment banks). You might want to especially avoid investment banking divisions...
View ArticleMorning Coffee: Why UBS investment bankers have reason to smile. Mass hiring...
UBS made headlines late last year when it was reported that the bank was intensifying succession planning for Chief Executive Officer Sergio Ermotti. While banks always have a succession plan in place,...
View ArticleThe investment bankers who won and lost in 2018
On the surface, there aren’t many big surprises with the new investment banking league tables released by Dealogic (below). In terms of global revenue, only one new bank jumped into the top 10....
View ArticleBank of America’s co-head of EMEA equities trading quietly moved to New York
If you’re at Bank of America Merrill Lynch in London, this is unlikely to be new news, but for equities professionals elsewhere in the City it might come as a revelation: Daniel Sanders, one of BofA’s...
View Article“The washrooms at Morgan Stanley are exceptional. They’re like a 5* hotel”
If you’re looking for a new job in London for the New Year and aesthetics are high on your list of priorities, you might want to try Morgan Stanley. We hear that the U.S. bank’s London offices are...
View ArticleThe machine learning specialists Goldman Sachs especially needs in 2019
It may be a whole new year, but some things haven’t changed. In January 2019 there’s still just as much buzz around machine learning as there was in December 2018. This may even be the year in which...
View ArticleBe part of the once-in-a-generation Asian wealth story at HSBC
HSBC has ambitious growth plans for Asia, as it looks to serve the rising number of wealthy individuals in the region. The Group plans to add 1,300 positions by 2020, more than 600 of which will be in...
View ArticleDeutsche Bank’s 2018 bonuses were always wishful thinking
It’s happened. If you work for Deutsche Bank and you believed all the stuff from Christian Sewing and James Von Moltke about this year’s bonuses being as generous as last, you have been revealed as the...
View ArticleCiti Empowering Next Generation Digital Natives to Shape the Future of Banking
Digitisation and the rapid adoption of new technology has changed the financial industry and the way it serves its clients. Notably, the digital customer journey has grown in importance and banking is...
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