5 reasons why you should switch your career in finance to asset management,...
Investment banking is not the future. 30-something investment bank employees are a bit depressed. They’re not exactly renting their clothes, but they’re not too happy either. “People are desperate, of...
View ArticleA brutally honest look at the life of a young investment banker
What’s life really like as a young, wide-eyed investment banker? What skills do you need to thrive, or even survive? And if do, what do you come out looking like on the other end? We spoke to an...
View ArticleHas Deutsche Bank pushed up cost of living in Birmingham? And other expensive...
Is Deutsche Bank’s decision to move front office trading jobs away from London to Birmingham having the indirect consequence of pushing up cost of living in the city? It would, of course, be foolhardy...
View ArticleBankers welcome as talent shortages hit private equity in Singapore
If you’re an investment banker in Asia tiring of working in a sector continually afflicted by redundancies, your options for a career change are not limited to corporate banking or the middle office....
View ArticleMorning Coffee: Earnest young bankers snatch last opportunities for...
Who’s getting all the headhunter calls now? Ok, asset managers of the world might not be doing too badly, but the most sought-after names in black books (or online databases) are compliance...
View ArticleWould you work as a freelance investment banker for up to $300 an hour?
Working in M&A does not allow for much time out of the office. The hours are demanding, the work stressful and aside from attempting to manage your career, there’s little time out for any side...
View ArticleBarclays’ investment bank: no longer worth zero, but fast becoming 2nd tier?
Times are changing at Barclays investment bank. 7,000 people are losing their jobs. Ex-Citigroup M&A bankers are taking control. Compliance staff bearing certificates will be mentoring what remains...
View ArticleQuant careers vs. actuarial careers. Which are best?
If you’re mathematically gifted and are deliberating about a career in finance, you may be contemplating an actuarial career in the insurance industry. Or you may be contemplating a quant career in a...
View ArticleA guide to surviving and thriving in a private equity interview
For any junior banker contemplating a switch into private equity, digest these sobering statistics on your chances, courtesy of specialist recruiters. Every entry level role attracts some 300...
View ArticleTop bankers from target schools earn less. And other banking pay information
Wall Street Oasis (WSO), the investment banking and finance community site has unleashed its compensation survey data for 2014. Based upon thousands of entries from its thousands of registered users,...
View ArticleHow to ace an internship at Goldman Sachs
If you want a full-time position at Goldman Sachs, your best opportunity is to get accepted to their summer internship program. From there, you’ll need to impress both with your ability to do the job...
View ArticleWhy it’s now so difficult for private bankers to move from India to Singapore
In theory it’s a good example of candidate supply meeting employer demand: private bankers are being laid off in India at the same time as private banks in Singapore are expanding their teams which...
View ArticleMorning Coffee: McKinsey’s advice for fixed income traders. How to...
What should you do if your fixed income trading career is going downhill? You don’t necessarily need to leave banking for a start-up. All you need is to be ruthlessly efficient at what you do. Or so...
View ArticleHey! Espírito Santo’s investment bank is in ‘hiring mode’
Things are not going so great over at Portuguese bank Espírito Santo. Yesterday, shares were suspended after falling 19% due to ‘ongoing material difficulties‘ at the parent company. There have been...
View ArticleHedge fund quadruples pay after comparatively small rise in profits
Hedge funds, particularly those owned by partners and employees, tend to pay well when times are good – portioning out profits to those with a stake in the company. However, one fund based out of the...
View ArticleTwo firms that are hiring against the grain on Wall Street
The job market on Wall Street is rather difficult to describe in any uniform sense. There’s plenty of hiring happening in certain sectors and just as much firing happening in others. It’s interesting...
View ArticleMystery banker offers clandestine tips on launching a finance career
So you want a finance career? So you’ve sent in hundreds of applications, only to get nowhere and to spend the summer working in a bar and reading about how to convert an internship at Goldman Sachs if...
View ArticleCareer Crunch: Striking it rich in your 30s, the brutal life of a junior...
If you’ve missed the top stories on eFinancialCareers over the last seven days, take a moment over your weekend to acquaint yourself with advice and news that could benefit your finance career. How to...
View ArticleAn honest account of working in the ‘promised land’ of private equity
Junior investment bankers are clamouring to get into private equity to escape the punishing, health destroying hours and get on a road to riches arguably no longer possible in the highly-regulated...
View ArticleShould you work for McKinsey, Goldman Sachs, Bridgewater or Blackstone?...
Life is full of choices if you’re a high achiever with an impressive academic record, a CV stacked with internships and a few family connections in the finance industry. But assuming that the world is...
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