Reading between the lines for jobs and pay at the ‘bankers’ refuge’ –...
Standard Chartered has issued a trading update and it’s not good. In the first half of 2014, revenues in its markets division have fallen 20%, with rates and FX especially hit. Costs across the bank...
View ArticleWho have Goldman Sachs, JPM and Morgan Stanley hired for their 2014 MBA...
Banks are awash with interns. Not only are early 20-something university students in situ as summer analysts, but you’ll also find late 20 to early thirty-something MBA students hanging around the...
View ArticleThe one area of finance where 80-year-olds reign supreme
Wealth management is a fickle field in which to work. Turnover is massive, but those that make the cut and build a strong book of business have longevity. Crazy longevity. So much so that the business...
View ArticleAnswers to the six most common questions about resumes
While there are no strict rules when it comes to building a resume, there are several guidelines that you should always follow. The problem is that these guidelines change with the times. Should you...
View ArticleThe dangers of networking with bankers at Glastonbury Festival
Britain’s Glastonbury Festival starts tomorrow. 200,000 people – a number equivalent to the population of Oxford – will congregate in some fields in Somerset. It will almost certainly rain heavily....
View Article11 clever ways to ace an Asian banking internship
If you’ve clinched an internship with a large investment bank in Asia this summer, the pressure is on – now more than ever – to perform. A successful internship will help give your career a secure...
View ArticleMorning Coffee: Disaster for bonuses in Barclays’ equities business. Hedge...
It had all been going very well for people in Barclays’ equities business. While the fixed income currencies and commodities (FICC) business is being hacked apart, cash equities is one of the areas...
View ArticleBarclays targets senior European MDs and investor solutions in latest wave of...
The exodus of senior staff at Barclays’ investment bank in London continues. First went the researchers, then some trading and advisory staff. In the past couple of weeks, however, those servicing...
View ArticleWall Street’s middle office flexes its muscles
On Wall Street, middle and back office staffers don’t garner near as much respect as front office revenue generators. At least they didn’t used to. With the recent influx of regulations and the growing...
View ArticleIs Friday still the best day to apply for a job in banking?
Today’s the day. According to our own figures, Friday is the day of the week when the ratio of resume searches per job application is optimal: there are two searches per application, compared to 1.5 to...
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Why Deutsche Bankers are more cultured than the rest
Alistair Hicks is one of the people who tells others what to do at Deutsche Bank – although only when it comes to contemporary art. After all, the industry giant has an art collection of around 60,000...
View ArticleCareer Crunch: 20 hot skills banks want now, is the CFA really worth it?
Are you aware of the hot skills that financial services recruiters are desperate seeking currently? If you don’t possess them, fear not, as it’s still possible to reinvent yourself and relaunch your...
View ArticleJob title inflation sees Asian bankers make MD before 30
Want to work in a market where you stand a good chance of having “director” in your job title before you hit 30? So-called “title inflation” – bestowing senior designations on junior staff – is...
View ArticlePrivate equity firm needs ‘teams’ of traders; asset management hiring heats up
In the latest hiring roundup, Blackstone needs teams of traders, Deutsche Bank is hiring debt and equities traders and Goldman remains stubbornly bullish in fixed income. Blackstone needs teams of...
View ArticleWhy front-office quants in Asia are increasingly keen to have middle-office...
With the increase in risk and compliance demands in the finance industry in Asia, being a front-office quant no longer holds the same appeal as it once did. The front office has become increasingly...
View ArticleMorning Coffee: How to get a job at Blackstone’s new hedge fund. Deep inside...
What do you know about Morgan Stanley’s James Gorman? Yes, he used to work for McKinsey & Co. Yes, he makes a mean PowerPoint Presentation. Yes, he lives modestly and has a daughter, Caroline...
View ArticleNomura loses another equity research MD
Daniel Cunliffe, a managing director at Nomura who headed its capital goods equity research team, has become the latest senior analyst to depart in the wake of reportedly disappointing bonuses. Despite...
View ArticleWhy you won’t fit into the investment bank of the future
Is your investment banking career for life, or just for an intense period of your mid-20s and early 30s? What are the signs that you should be preparing for a future adrift from the banking sector -...
View ArticleBoutique advisory firms hot and hiring
When you hear the word ‘boutique,’ you likely think small and specialized. In the M&A world, size may soon no longer be a defining factor. M&A activity is rampant. Global deal volume as of last...
View ArticleThe Abu Dhabi Investment Authority will be hiring in these areas in 2014
The Abu Dhabi Investment Authority (ADIA) has added over 100 employees across its equities, infrastructure and private equity teams during the past year and is planning to expand throughout 2014 in...
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