Jefferies hires senior bankers who have been out of the market for two years
Jefferies has hired two former managing directors from Royal Bank of Scotland and Unicredit, both of whom have been out of the market for over two years. Dominic Squire, a trader focused on the...
View ArticleOne hedge fund strategy is getting killed; another is killing it
On the whole, the hedge fund industry is in great shape. Assets under management are near a record high, the markets have been resilient and the pay is fantastic. But not everyone is winning, despite a...
View ArticleWhat’s the going rate for interns on Wall Street and in the City of London...
This year’s ‘summer analyst’ – or ‘summer intern’ – class has arrived at top investment banks. The aspiring young financiers, typically aged between 20 and 23, can expect a summer of hard graft at...
View ArticleOne twin goes into banking, one doesn’t. What happens to their health?
We spoke to Manya Klempner. An MBA graduate from Columbia Business School, Manya spent eight years working in investment banking as a derivatives marketing professional at the likes of JPMorgan and...
View ArticleDebt, healthcare bankers needed in Europe; UBS eyes Americas growth
In the latest hiring roundup, London banks appear desperate for healthcare bankers, UBS adds to its investment bank in the Americas and one trading firm is providing refuge to sell-side commodities...
View ArticleClik here to view.
The real reasons why finance professionals in Asia are changing jobs right now
Finance professionals in Singapore and Hong Kong are predominately seeking long-term career progression when they change companies, belying their reputation for frequent, opportunistic job-hopping,...
View ArticleClik here to view.
Financial services employees are surprisingly happy, except in the Middle East
With extensive job cuts over the last six years and ongoing prudence around pay, financial service employees have every right to feel a little gloomy in the workplace, and yet the majority of people...
View ArticleMorning Coffee: The amorality of the senior rainmaker on a pitch. Macquarie...
M&A is not a job for people with convictions. If you have a strong sense of right and wrong, you’re better off working for the Catholic church. M&A is a job for mercenaries who will fight for...
View ArticleClik here to view.
When bankers burn out: sifting through the ashes
If one industry is known for burning its babies, it’s banking. Which other sector of the economy hires thousands of elite students, works them for 80-120 hours per week and blows them out as ashen...
View ArticleClik here to view.
A ranking of the top 20 ‘ideal’ financial services employers
Financial services professionals appear to be seeking the relative stability of a career in large U.S. institutions, with Goldman Sachs, JPMorgan and BlackRock topping the ranking of desirable firms to...
View ArticleClik here to view.
The jobs you’ll most likely get with CFA qualifications. And the companies...
The CFA exams are over. Assuming you’re in the minority of people who turn out to have passed when results are made available in a few months’ time, you might be feeling optimistic about your career...
View ArticleWinton Capital Management: Pay, profits and headcount surges
Winton Capital Management, the quantitative hedge fund with expansion ambitions to hire 100 staff and eventually transform itself into a fund management company, has nearly doubled profits, bolstered...
View ArticleAsset managers: tech companies are coming for your jobs
When you think asset management, you may conjure up thoughts of Blackrock, Fidelity or Pimco. Your kids, on the other hand, are likely to consider other names: Apple, Google and maybe even Wal-Mart. A...
View ArticleClik here to view.
Complain as they may, bankers don’t quit over long hours
Despite all the recent rhetoric, it appears that grueling working hours aren’t the main reason bankers wave the white flag. Rather, it’s all the dead ends that they encounter in their career path that...
View ArticleClik here to view.
Male bankers more likely to crave money, power in new role
When you ask a U.S. banker with itchy feet what they’re looking for a new job, the answer you’re most likely to receive is money and power. The chances are better, however, if that person is a man....
View ArticleClik here to view.
Is internal mobility a myth in the finance sector?
Financial services may be a large, global industry offering a plethora of radically different roles, but employers in the sector aren’t making it easy for staff to change job functions or locations....
View ArticleMorning Coffee: Top tier banker in 3rd tier firm prevails, again. Naughty...
It is not the case that the best people in banking work in the so-called ‘first tier banks’ – the Goldman Sachs, JPMorgans, Deutsches, Citis, Morgan Stanleys and BAML’s of this world. Nor do they...
View ArticleClik here to view.
The truth about the banking pay premium
Investment banks are preaching prudence over pay, but this has yet to filter down to their employees, the majority of which would expect a pay rise of up to 30% in order to be prised out of their...
View ArticleEight of the hottest fintech start-ups in London
London is at the epicentre of a boom in technology firms that will create an additional 46,000 jobs over the next ten years. FinTech companies in Shoreditch’s ‘Silicon Roundabout’ and Level 39 in...
View ArticleCapula portfolio manager quits London, starts hedge fund in New York
Gei Lin, a macro portfolio manager at Capula Investment Management, has left the firm’s London office and returned to New York to launch his own hedge fund. Lin moved to London in July 2012 to take the...
View Article