From private jets to private banking: exciting career changes in Chinese...
Financial services employers in mainland China are a fairly flexible lot when it comes to recruitment. Liberalisation in Chinese financial services is creating new, more specialised jobs – in both...
View ArticleMorning Coffee: Morgan Stanley juniors have been feeling underpaid,...
Times are tough for junior-to-mid-ranking bankers in London and New York. Despite earning enough to be considered rich by most people’s standards, associates and vice presidents in investment banks –...
View ArticleMorning Coffee: Is JPMorgan letting go of the wrong people? How Goldman...
JPMorgan is cutting costs and making redundancies. The trading business is at the forefront of all the cutting and chopping. In the first half of 2014, fixed income sales and trading revenues at the...
View ArticleAsset managers bemoan the investment banker ‘invasion’
The investment bankers are coming. As more make the move across to the buy-side, the dominant and aggressive personality types who have typically found a happy home on the sell-side are shaking up the...
View ArticleWhat life is really like for a rookie Wall Street trader
While being a rookie in any industry is tough, learning on the job as a trader is likely more stress-inducing than other career paths. And that’s if you can get through the interview process, which is...
View ArticleThese are the people losing their jobs from Barclays investment bank now
Barclays jobs are disappearing, especially in the investment bank. When Barclays results were announced today, the bank accidentally-on-purpose omitted to say how many people it now employs in its...
View ArticleHow to get a commodities trading job at BP
When you think of BP jobs, you probably don’t think of commodities trading. The global petroleum company employs a massive 83,900 people, most of them in its core business of petroleum exploration,...
View ArticleWhat to do with your finance career after you leave a Chinese bank in Hong Kong
If you’re thinking of leaving a Chinese bank in Hong Kong to join an international firm in the city, you stand a much better chance of moving if you work in the front office. Chinese banks are among...
View ArticleMorning Coffee: What the new banking bonus bashing means really. JPMorgan’s...
Bashing banking bonuses is back in vogue. It’s been a bit more than a year now since the European Union’s roster of CRD IV legislation restricting bonuses as a proportion of total compensation came...
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Are BNP Paribas’ fixed income traders the best in the world?
In their deepest unspoken fantasies, BNP Paribas’s corporate and investment bankers probably feel that they deserve some pretty reasonable bonuses this year. Sure, their employer has just revealed the...
View ArticleBloomberg terminal deprivation: How to handle it
What’s the worst thing about losing your trading job in an investment bank? No, it’s not the loss of money. It’s not the loss of prestige. It’s not the end of eating games. It’s the loss of access to a...
View ArticleWhat’s the minimum score you can get on CFA Level I, and still pass?
Yesterday was CFA results day. As ever, only a minority of people waiting for their CFA score found that they passed the exams – 42% passed Level I, to be specific – which was at least better than the...
View ArticleBanking pay: Are you expecting too much for doing too little?
Are you pricing yourself out of the market? It’s a question that’s worth asking in light of a) banks’ attempts to reduce their compensation ratios, b) banks’ need to hire hundreds of extra compliance...
View ArticleJunior expats not so welcome for banking jobs in Singapore as new hiring...
If you’re a junior finance professional looking to relocate to Singapore for a banking job, your chances of securing a role in the city state are rapidly receding. Junior foreign candidates are set to...
View ArticleMorning Coffee: Goldman, Barclays, UBS bankers deemed most attractive....
Where should you work if you a) want appealing colleagues, b) want to be deemed appealing yourself? Try Goldman Sachs. Data from Hinge, a dating application, suggests that within the finance sector,...
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Is Morgan Stanley the best bank for European cash equities jobs? Is JPMorgan...
Which are the best banks in which to situate yourself if you want to work in European customer-facing cash equities sales and trading? Markit thinks it knows. The data provider, which recently went...
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Banking resume clinic: What are my chances of getting a business analyst job...
This is the first in our series of (soon-to-be) regular resume clinics in which we ask our top resume doctors to give their verdicts on whether your CV will get you the job you want in financial...
View ArticleAgeism in banking: How old is too old to keep trying?
You may be surprised to hear this, but some people who work in banking are aged 50+. Chief executives require grey hairs: Lloyd Blankfein, chief executive officer of Goldman Sachs is 59. James Gorman,...
View ArticleBanking layoffs warning: Deutsche Bank’s ominous note
For a brief moment, it seemed that things were getting better. June was a good month for banks’ sales and trading businesses. When JPMorgan presented its second quarter results last month, CFO Marianne...
View ArticleWill the Fair Consideration Framework help boost banking pay in Singapore?
A new Singaporean law aimed at encouraging firms to hire more locals could also potentially boost the earnings of some foreign banking candidates, if their salaries would otherwise have fallen slightly...
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