A third of jobs at Goldman, JPM and Barclays held by people who joined since...
There was a time when investment banks were supposedly staffed by mercenary types who were only in it for the money. These people had limited allegiance to the banks they were working for, would leap...
View ArticleWatch out for tougher Finra penalties, more transparency in bond markets
The Securities and Exchange Commission (SEC) is taking a tougher stand. Prompted in part by an SEC commissioner’s recent complaint that the Financial Industry Regulatory Authority (Finra), which is...
View ArticleForeign bank eyes London expansion; BNP making U.S. wealth management push
In the latest hiring roundup, a Chinese bank sets its focus on London, Moelis plans a new business unit and two firms are desperate for U.S. wealth managers. Openings creating openings Altium Capital...
View ArticleHow to ace your banking interview in the style of a narcissist
Research suggests that narcissists do well in interviews. And research also suggests that investment banks may be prone to hiring narcissists for their graduate recruitment schemes. If you exhibit...
View ArticleCritical career mistakes that could crush your chances of promotion in Asian...
The post-bonus hiring season is drawing to a close in Asia Pacific and if you’re looking to give your career a boost, you may be better off seeking an internal promotion rather than a new job. If...
View ArticleMorning Coffee: What it’s really like to work 100 hours a week in banking....
It’s become a truism to say that bankers work long hours. But while the idea of an 80 hour week, a 100 hour week or a 110 hour week is easy to frame numerically, it’s less easy to grasp the effect it...
View ArticleEight methods for reinventing your financial services career
Is it possible to reinvent yourself in a financial services job market still recovering from the financial crisis? Certainly a move from a back office position into a revenue-generating role now seems...
View ArticleProposed BNP settlement may harm former and current bankers
BNP Paribas is reportedly close to inking a $9 billion settlement with regulators over its alleged dealings with sanctioned countries. For employees of the French bank, the ten-figure settlement isn’t...
View ArticleTwenty skills to list on your banking CV if you want a job now
Where are the skills shortages now in global banking? Which skills and qualifications do you need on your CV to get yourself noticed by global financial services recruiters? Which sectors should you...
View ArticleGoldman Sachs’ head of UK private equity departs
Richard Butland, Goldman Sachs’ head of private equity activities in the UK, has left the bank after 14 years. Butland is as close as it comes to being a Goldman Sachs ‘lifer’, having started at the...
View ArticleWhen it’s wise to bite the bullet and use a recruiter
If you’re looking for a new job for the first time in a long time, the idea of working with a recruiter may be a bit foreign. Most people want to be in complete control of their job search, but many...
View ArticleMorning Coffee: The new best investment bank to work for in Europe? Here’s...
Which large investment bank earns the highest fees across its investment banking division (IBD) in Europe? It looks like…JPMorgan. Financial News reports that the fees earned by JPMorgan’s IBD business...
View ArticleBarclays’ expanding Dubai office is a ‘fun’ place to work
While Barclays implements a new strategy that will see 19,000 jobs cut worldwide, the Dubai operation of its corporate bank is preparing for another wave of expansion. In fact, according to Rezwan...
View Article“I am completely burned out and my head feels like a watermelon.” To CFA or...
Be warned: if you embark on a CFA Charter, studying for the exams has the potential to eat up your mid-20s. Worse, it may do strange things to your head. “I am completely burned out my head feels like...
View ArticleJust don’t quit: It’s never been harder to find work as an unemployed banker
You’re miserable at your current employer and are desperate for a new job. Do you up and quit or put in more hours while sneaking away for interviews? In nearly every situation, recruiters and career...
View ArticleHarsh times ahead for anyone selling insurance products
If it weren’t for insurance brokers, the U.K. insurance job market would have been pretty much moribund in the the first half of this year. As our analysis a few weeks ago showed, brokers have been...
View ArticleAre you a summer intern in an investment bank? Can you write (anonymously)...
It’s that time of year. We’re looking for three summer analysts to write this year’s eFinancialCareers intern diaries. We don’t mind where in the world you’re based, but you must be able to: - Write...
View ArticleHow to survive your tough first year at a new bank in Asia
Asian private bankers in are facing increased pressure to perform during their first year in a new job thanks to tightening profit margins across the wealth sector. Wealth management headhunters in...
View ArticleMorning Coffee: Ex-Barclays traders shine light on bank’s murky waters. Early...
At this rate, Barclays may never want to part company with disgruntled traders again. As of yesterday, the British bank – supposedly purged of all nefarious elements by chief executive Antony Jenkins –...
View ArticleCiti hires Knight Capital’s head of equities after 18 months out
The former head of European equity trading at Knight Capital has re-emerged at Citigroup after 18 months out of the industry. Trevor Gill has been recruited as a cash equities trader covering the...
View Article