Which is the best bank to work for if you want to keep your job across the...
Without getting too mired in the debate over whether the current fixed income currencies and commodities (FICC) rout is a cyclical or secular issue, it’s clear that banks are susceptible to changes in...
View ArticleThe best time of year to apply for a banking job
In theory the summer is a dead zone for finding a new financial services job. Key decision makers are on holiday, particularly those in HR. If you’re trying to find a new position at French bank,...
View ArticleThe best recruiters for banking jobs that pay £100k or £200k+
So you want a high paying banking job? Which are the best recruiters and headhunting firms are most likely to deliver that to you? The new Executive Grapevine Market Report spells out your options in...
View ArticleAre European banks’ U.S. offices full of scoundrels and amateurs?
What goes on in the New York offices of European investment banks? Are they iniquitous pits populated by the unscrupulous and the incompetent? Maybe not. But it’s a question worth asking in light of...
View ArticleOne woman’s career journey from back office banking to ING boss in Singapore
Catherine Low began her banking career more than 20 years ago by working in the back office – now she’s in charge of hundreds of staff, from operations to sales, as Asia head of trade and commodity...
View ArticleMorning Coffee: Ex-Citi trader’s guide to spotting talent in schools. Where...
It’s a question faced by bank’s graduate recruitment teams daily – how can you identify trading talent of the future before everyone else does? Ex-Citigroup prop- trader-turned photographer of the...
View ArticlePotentially nasty job cuts coming at Deutsche Bank
Deutsche Bank is increasing its cost-cutting programme at the behest of co-CEOs Anshu Jain and Jürgen Fitschen, according to reports in the German press. What started out as €4.5bn over three years to...
View ArticleRBS results: What do they really say about RBS bankers’ jobs and pay?
Employees in RBS’s investment banking unit have gone down in the world. Once they accounted for the bulk of group profits, as of today it seems that what remains of the investment bank accounts for...
View ArticleThe perfect trader: cold and compassionless?
Successful traders tend to have very particular personalities. Good ones are compulsive, methodical, intelligent contrarians. Being a great trader, though, that requires you to leave your heart and...
View ArticleFear grips senior investment bankers, who refuse to budge
The investment banking hierarchical pyramid is not so much inversed as it is fast-becoming a pentagon. Junior bankers are being brought in at an ever-more rapid rate, and yet those in the senior ranks...
View ArticleAre you too paranoid to report mistakes on the trading floor?
Big blow outs start in small ways. Kweku Adoboli made a $400k loss on a trade in October 2008, which he opted to hide rather than to tell his manager about. Nick Leeson started out hiding his small...
View ArticleThe biggest losers in the investment banking culture shake-up
Banking jobs in the US are growing again. True, we’re not even half way back to the pre-2008 slump, but for the first time in a long time banks are adding to their ranks in several areas. But if you...
View ArticleCareer Crunch: Hot banking jobs for the second half, the low-down on Credit...
It’s reporting season for investment banks, with Credit Suisse the latest firm to unveil its Q2 results. We also cover career dilemmas for bankers created thanks to the EU bonus cap and where the...
View ArticleOverworked Asian compliance pros turn backs on banking careers
On the face of it, compliance looks like one of the best, or at least most stable, careers in the Asian banking sector. Constant regulatory change is creating vacancies almost regardless of market...
View ArticleMorning Coffee: How to quit banking at 32 and still buy a £2m home. When...
If you’re feeling trapped in your banking job and wondering how you’d pay your mortgage if you left and set up your own company, 37 year-old Stephen Fitzpatrick may provide you with some inspiration....
View ArticleShock as commodities hedge fund performs reasonably well
Commodities hedge funds have not being doing well lately. Clive Capital shut its doors last year, so did Higgs Capital, Arbalet Capital and Schroders’ Opus commodities fund. Armajaro Asset Management,...
View ArticleFormer Goldman Sachs interns reflect upon where it all went wrong
If you complete a summer internship at Goldman Sachs, you’ll probably get a job offer at the end of it. Over the past four years, the firm has converted around 70% of the interns in its popular...
View ArticlePass or fail the CFA level I, this is what you should be doing next
The results of the CFA level I are due to be released tomorrow. As ever, expect the pass rate to be relatively low – 38% typically make it through the June exams, rising to a (slightly) more...
View ArticleEvercore needs fresh MDs, Deutsche Bank hiring on both sides of the pond
In the latest hiring roundup, Deutsche Bank sets a massive hiring goal, Cantor Fitzgerald looks to grow its investment bank and Evercore needs more grey hairs. Evercore hiring MDs for advisory Evercore...
View Article1 thing about the Lloyds LIBOR fine that should terrify traders everywhere
Just when you thought that LIBOR had gone away and regulators were focusing on banks’ alleged efforts at manipulating the silver fix instead, LIBOR is back. Lloyds is paying £218m in fines, including...
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