Career Quiz: Should you quit your banking job for a startup?
Do you spend your waking hours in finance thinking of how you could leave your job and set up a startup instead? We’re only asking because the poll currently on our homepage suggests that 41% of...
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One reason why the CFA pass rates are heading up
The CFA pass rate for both level II and the final level three exam that elevates candidates into the coveted charterholder position have risen this year to levels last seen in 2006. 54% of those taking...
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Investment banks learn the benefits of sharing
Now is a good time to be working as an investment banker in the equity capital markets division. ECM revenue now stands at $825m for the year to date, more than double the $382m generated at this point...
View ArticleWhy banks are looking for their top developers in Eastern Europe
The financial crisis has been kind to top developers in Eastern Europe. Since 2008, financial organisations have shifted middle and back office roles including risk, HR and accounting to the East, but...
View ArticleGoldman Sachs adding jobs, improving work-life balance
If you are a fan of Goldman Sachs and hope to work there one day, last week offered some good news. There’s updated hiring plans, a suggestion that work-life balance at the firm is improving and an...
View ArticleFX hiring begins anew; demand for lenders outpacing supply
In the latest hiring roundup, a new U.S. bond fund needs a dozen staffers, FX hiring is back in vogue and a Canadian firm eyes London expansion. Citizens ramping up consumer hiring Citizens Financial...
View ArticleMorning Coffee: Banks demand Blackberry cold turkey, Google’s ‘toothbrush...
Real investment bankers don’t take holidays. One long-suffering wife told of her investment banker husband dangling from an apple tree in the British countryside during a family break, so desperate was...
View ArticleSix resume phrases to grab the attention of recruiters in the Middle East
The financial services job market in the Middle East is picking up again, but with a focus on hiring more locals, a general resistance to indulge in over-enthusiastic recruitment and stiff competition...
View ArticleMorgan Stanley’s ex-head of inflation trading now spending days cycling...
Cycling is a big thing among investment bankers right now. The potential to spend thousands on designer bicycles, or upwards of £175 on a jersey alone is appealing to affluent professionals looking for...
View ArticleBanks eyeing foreign staffers as workforce demands outpace supply
Compliance and technology are the two hottest areas on Wall Street, and it’s not even close. Unfortunately for big banks, their dire need for experienced talent is being met by a rather paltry supply....
View Article25 finance jobs that combine a six-figure salary with job security early in...
When you first start out in financial services, there’s a tendency to target front office roles. After all, these are traditionally where the big bonuses, exit options and, ultimately, respect of your...
View ArticleBan may open up PwC for poaching war with Big Four rivals
PricewaterhouseCoopers’ financial advisory unit took a hit on the chin on Monday, agreeing to a two-year ban on certain consulting assignments along with a $25m fine for reportedly watering down an...
View ArticleGoldman poaches aren’t the end of Cantor Fitzgerald’s FX push
With larger investment banks pulling resources from fixed income teams, brokerage Cantor Fitzgerald is remaining aggressive. The New York firm hired two foreign exchange sales and trading execs this...
View ArticleMorning Coffee: Junior bankers thrilled with time off, the $200k job that...
Investment banks have been keen to point out just how much easier life is for its analysts and interns in the wake of initiatives aimed at reducing working hours. All of this, of course, follows the...
View ArticleFrom finance to start-up: “I knew if I stayed in banking one more year, I’d...
Fadel Belmahdi admits that he probably went into investment banking at the wrong time. Starting out at Merrill Lynch in London in 2007 as an analyst working in commodities trading, has was drawn into...
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Python developers receive £40k pay increase, a guide to investment banking...
Compensation packages for Python developers working in investment banking have swelled by up to £40k over the past year as demand for their services grows across the financial sector. Python developers...
View ArticleYet another big bank hitches its wagon to the asset management star
Judging by stock price, Wells Fargo is currently the most valuable bank in the U.S. In April, the San Francisco firm saw net income rise for an amazing 12th consecutive quarter. But beneath the sunny...
View ArticleRBC Capital Markets continues London hiring drive
RBC Capital Markets is continuing its European hiring spree, opportunistically recruiting from London rivals across research, M&A and trading. The latest batch of new senior employees have moved...
View ArticleFive new London financial services firms that could be hiring
If you want to get ahead of the competition in your job search, it’s worth knowing which firms are new to the City of London and likely to be expanding. Corporate finance boutique IMAS has tracked the...
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Hedge fund bonuses no longer buy a Ferrari, but will get a Mayfair parking space
If you want to make the big bucks working for a hedge fund, you really need to make it to partner where you’ll gain a share of whatever profits the firm brings in. Outside of the upper ranks, hedge...
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