Ex-Goldman banker who hired hundreds now wants to fire them all
What goes up must come down. This applies especially to jobs at Russian investment banks. One minute Russian banks are bullish and pawing the ground. The next, they’re reverting to their bearish...
View ArticleEight ways to improve your resume over the holidays
December is a pivotal time of year to get your resume and social media profiles updated, in sync and given to the right contacts to land your next job faster for the New Year. Whether you are simply...
View ArticleThe most puerile thing an analyst in an investment bank has ever been...
The stereotypical banker is too busy smoking his Cuban cigars and oiling his moustache to care about details. However, anyone who thinks that banking is a relaxed career is very wrong. If there’s one...
View ArticleBankers choke on China pollution, recruiters struggle to fill new jobs
The recent worrying, steep deterioration in air quality in Shanghai – the city the Chinese government wants to become the dominant financial hub in Asia – is starting to pose a risk for recruiters...
View ArticleDaily Dispatches – Fitch warns that 2014 will be tough for banks in emerging...
Banks in emerging Asia will need to brace themselves for a challenging year ahead, says ratings agency Fitch in its 2014 Outlook: Asia-Pacific Banks review. Fitch says that nearly half the countries in...
View ArticleClik here to view.
Wharton study identifies ideal banker career path: spend the first 5 years at...
If you’re working in financial services and wondering how best to structure your career, then wonder no more: a new study from the Wharton School and McGill University suggests you need to spend the...
View ArticleDaily Dispatches – Singapore set to continue IPO bonanza in 2014
Singapore’s stock exchange (SGX) is closing out a good year for IPOs, with 26 companies going to market this year raising S$6.22 billion, according to new data published by Deloitte Singapore. This is...
View ArticleSix ways to stop your banking job being offshored in 2014
Those of us working in and around the financial services industry, both here in Asia and globally, live in challenging times: profit and operating margins at banks and funds remain under considerable...
View ArticleClik here to view.
Morning Coffee: M&A analysts in big demand in 2014. Jamie Dimon’s wild family...
2014 could be a good year for M&A analysts. UK-focused M&A has been a little inert in 2013, but more dynamism is expected soon. At the same time, big U.S. banks will need to hire more M&A...
View ArticleClik here to view.
LBS’s MBAs want to work at Google, Amazon, McKinsey and Bain. Investment...
If you’re an MBA in the UK looking for a job in investment banking, London Business School is the place to study. Investment banks provide scholarships to the school, swarm around campus courting the...
View ArticleMerry Christmas, you’re fired: beware the banks making seasonal layoffs
Christmas is coming. Jamie Dimon has been sending out his special Christmas card. Financial services have been holding muted Christmas parties in an effort to put the notorious parties of the past...
View ArticleMillennium Capital taps fund managers from Citi’s ex-hedge fund unit
Millennium Capital, the expansionary hedge fund that has been hiring investment banks’ traders throughout 2013, has just recruited two fund managers from Citi’s former hedge fund unit, Napier Park...
View ArticleWho earns more in investment banks? Traders? Or salespeople?
If you work in the markets business of an investment bank, where will you earn more – in sales, or in trading? And is there really any difference? After all, most banks employ so-called ‘sales traders’...
View ArticleWall Street’s biggest PR nightmares of 2013
Making news for all the wrong reasons – it was a common theme on Wall Street in 2013. In July, we listed a dozen of the most head-scratching banker moves that made news during the first six months of...
View ArticleWall Street’s war on instant messaging heats up
What would Wall Street look like if instant messaging tools like Bloomberg didn’t exist? Likely, the banking world would appear a lot less scandalous. Online chat tools, once viewed as a simple...
View ArticleClik here to view.
30 foreign banks in India that are hiring now
Foreign banks operating in India are concentrating hiring efforts on filling relationship management roles in their corporate banking divisions as the the country’s economic prospects improve and local...
View ArticleMorning Coffee: Poor bonuses at Citi, huge pay at Odey. Barclays’ head of...
Citigroup has been hiring in London this year, and it seems to have been paying substantially above market rate. Maybe this is why it won’t be offering generous bonuses to existing staff. Bloomberg...
View ArticleClik here to view.
Moneybags in Mayfair: Meet the best paying hedge funds in the UK
If you make it to the upper echelons of a hedge fund the potential rewards can be great. Portfolio managers and ‘idea generating’ researchers can earn millions – with pay predominantly weighted towards...
View ArticleWhat stimulus tapering means for jobs on Wall Street
To be blunt: not much, at least in the short term. But that doesn’t make Wednesday’s move any less noteworthy. The Fed’s decision to only gently taper stimulus – all while noting that it won’t touch...
View ArticleM&A VP at JPMorgan: You can’t fake desire and motivation in this job
James Thomlinson is a vice president (VP) in UK M&A at JPMorgan. He graduated with a degree in economics from Edinburgh University and joined JPMorgan in 2008. Because the competition for places...
View Article