Four strange and exciting job opportunities in the Middle East financial sector
Despite being a hub for international banks in the Middle East, the UAE still offers fairly conventional career opportunities. Unlike more developed financial centres, which boast derivative markets...
View ArticleBofA cranking up junior hiring plans; Big Four adding consultants
In the latest hiring roundup, Bank of America is adding hundreds more analysts, BlueCrest is opening a new office and two Big Four firms are growing their advisory businesses. BofA adding juniors Bank...
View ArticleUBS stands accused of eradicating senior bankers, replacing them with juniors
Now’s not a good time to be a mid-ranking banker. But it may be a worse time to be a managing director. Banks everywhere are cutting back on senior staff in an attempt to reshape their hierarchical...
View ArticleHong Kong finance professionals threaten resignation in push for pay rises,...
If you’re after a quick-fire pay rise or promotion in the Hong Kong finance sector and you aren’t averse to gambling with your long-term career, you might want to hand in your notice purely as a means...
View ArticleMorning Coffee: Aspiring bankers pricing real bankers out of homes. Who wants...
You might think that when you stop studying economics or applied mathematics and actually get a job in banking, you’ll be better off. If you’re an impoverished (British) student, you might be right. If...
View ArticleCredit Suisse jobs: what’s safe, what’s not, why you should be worried now
It’s Credit Suisse’s second quarter results day. Not all is well at the Swiss bank’s investment banking business. Credit Suisse is still in the process of cutting CHF4.5bn of costs by the end of 2015,...
View ArticleSenior commodities duo exit Deutsche Bank
Evan Morris, a managing director in Deutsche Bank’s structuring team, has left the bank after more than 10 years. Morris, who was formerly head of asset liability management structuring at Deutsche but...
View ArticleThe 6 best front office banking jobs for the 2nd half of 2014
2014 is turning into an equivocal year if you work in investment banking. If you’re in secondary sales and trading, it’s bad. If you’re in the primary capital markets businesses which generate the...
View ArticleCounter offers cause career catastrophe for finance professionals in Asia
Tendering your resignation to clinch a promotion or pay rise from your current boss seems to work, at least in Hong Kong. As we reported yesterday, 78% of financial professionals in the city who have...
View ArticleMorning Coffee: Ex Goldman VP advises on quitting the firm. Credit Suisse to...
The last time a Goldman Sachs vice president quit the firm and went public, everyone got to know about it. Greg Smith famously wrote a New York Times Op-ed column, followed by a book and a storm of...
View ArticleBlackstone poaches Citigroup industrials investment banking MD
Nick Tansley, a managing director in Citigroup’s global industrials group, has become the latest senior figure to exit the bank and is set to join the advisory unit of private equity firm Blackstone....
View ArticleIs Deutsche Bank hiring fund managers in Birmingham too?
Deutsche Bank is building its office in Birmingham. Deutsche Bank is also making a push to recruit for its asset and wealth management business. Could it be that the front office expansion for the bank...
View ArticleWas VTB Capital the best retirement trade of recent times?
If you wanted to make enough money to retire from banking and do something completely different, should you have spent the past few years working for VTB Capital? Several headhunters suggest that you...
View ArticleHow the “fat bloke” turned marathon man reshaped his banking career
Seven years ago, Steve Way was a self-described 16-stone “fat bloke” who smoked 20 cigarettes a day and had an addiction to takeaways. He started running to get fit, discovered he had a gift for it...
View ArticleWhen the MBA managing you is incompetent
Sometime over the next two months, the recently-graduated MBAs who recently joined banks’ associate programs will get into their stride. That may cause problems – especially for the analysts working...
View ArticleOne figure to watch out for when considering working at a smallish bank
Not everyone is capable or even willing to work for a large bulge bracket bank like a Goldman Sachs, Bank of America or Citigroup. There are plenty of smaller banks that play in a similar, albeit...
View ArticleThe two worst interview blunders that resulted in job offers
Covering Wall Street for a few years now, I’ve developed one particular vice, or guilty pleasure if you will. Interview blowup stories. At the end of any conversation with a recruiter or hiring...
View ArticleFront office banking recruitment surges in Singapore
Over the past few months we’ve been telling you that client-facing candidates in corporate banking and private banking are particularly sought-after in Singapore this year. Now it seems that banks in...
View ArticleMorning Coffee: Deutsche’s entire FICC strategy at risk. Deutsche Bank MD...
Deutsche Bank’s strategy for its all-important fixed income currencies and commodities (FICC) business, is simple. While banks like Barclays and Morgan Stanley are pulling back from FICC, Deutsche...
View ArticleHSBC has snared another top investment banker
HSBC is making a habit of hiring some big-name investment banking deal-makers, despite its relatively lowly position in the league tables. As well as bringing in James Simpson, the former head of...
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