U.S. investment banks in London have just been handed an important bonus...
It’s already a tautology to say that Goldman Sachs pays very well and Royal Bank of Scotland doesn’t. In 2012, the average banker at Goldman Sachs International (the London-based arm of Goldman Sachs)...
View ArticleWhat the Little India riot in Singapore means for expat banking jobs
Singapore’s reliance on foreign labour – both skilled and unskilled – has come under unwelcome scrutiny again, with concerns expressed that the recent clampdown against migrant workers after a violent...
View ArticleMorning Coffee: Hedge fund known for hiring bank traders has worst year ever....
If you lost your job as a proprietary trader in an investment bank this year, Bluecrest was the place to go for rehabilitation. Over the past 12 months, the London-based hedge fund has hired traders...
View ArticleThe rise of the temp: Why banks are happy to pay big bucks to interim...
To you, their work often means redundancies, streamlining or harder to earn bonuses. To your company, it means efficiency, streamlining, happy shareholders and the ever-important doing-more-with-less....
View ArticleClik here to view.
Qualifications that should get you jobs at Goldman Sachs, JPMorgan, Deutsche...
Which qualifications will get you a job at large investment bank come 2014? And do some banks favour one particular qualification above others? We’ve looked at the 230,000 resumes uploaded to the...
View ArticleHow Goldman tried and failed to retain an ops VP who was ‘bored beyond...
It’s late, but not too late for buying Christmas gifts. If you have a banker in your life – particularly one who seems disaffected with his or her job, you might want to get them the new book by Escape...
View ArticleTop five in-demand skills in financial services consulting for 2014
Although the worst of the crisis may be behind us, change remains a constant presence in the financial services industry. With ongoing regulation, increasingly demanding customers and a never-ending...
View ArticleHedge fund does well and cuts pay, another performs terribly and continues to...
The headcount and compensation decisions of hedge funds are not for us mere mortals to question. Egerton Capital, a hedge fund which had to stop taking new investments in September after its assets...
View ArticleCareer Crunch: How to get a new job during Christmas, the ideal investment...
Too busy preparing for Christmas to catch up on all the career news related to the financial sector? Catch up here… Eight ways to improve your resume over the holidays Spruce up your CV over the...
View ArticleMorning Coffee: RBS may be hiking up pay, the inadequacy of today’s...
UK banks are rather hamstrung by the bonus cap, despite the recent loosening of the rules. While U.S. investment banks simply need to get approval from an internal group that holds shares of its UK...
View ArticleClik here to view.
For the most money in investment banking, start out in NY then move to London
If money is your main motivation for working in investment banking, then the City of London is still the place to earn the largest package – at least at the senior level. If you’re starting out,...
View Article21 firms that will be hiring finance professionals in 2014
Most firms are in the midst of formulating their hiring plans for 2014, which of course will be subject to change according to the whims of the market. However, some financial services organisations...
View ArticleClik here to view.
The ultimate Christmas stocking fillers for the bankers who have everything
What Christmas gift do you get the banker who is rich enough to buy anything he or she wants, and probably already has? This definitely falls in the category of an increasingly popular meme of “white...
View ArticleMorning Coffee: A bank doubling headcount in London! Bigger bonuses for...
Merry Christmas – to cheer you up after a series of gloomy predictions for investment bankers’ prospects in 2014, here are a couple of good news stories to send you on your way for the festive season....
View Article13 things to do over Christmas that could land you a finance job in 2014
The festive season has begun. As a work-obsessed banker, you are suddenly left facing that awkward seasonal dilemma: what to do now that your workload is less hetic and you actually have a few days...
View Article11 big-name hires who’ll want to build teams early in 2014
Yesterday, we published a list of the 20 financial firms that will be hiring in 2014. It’s a great piece, and one of the more popular of the year. The problem, though, is that not all firms make their...
View ArticleIs Wall Street facing a Greek epidemic?
Why, despite top-down efforts by banks to recruit more women, does Wall Street continue to be a playground for men, typically of a similar background? Maybe it’s as simple as man’s affinity for stale...
View ArticleClik here to view.
Six banking jobs that will die a death in 2014
Despite the recent optimism around recruitment within investment banks, there remains a sense that 2014 could bring further gloom. Most major institutions are still in a state of flux, preparing to...
View ArticleThe 10 most popular stories on eFinancialCareers in 2013
Been diligently clicking on eFinancialCareers articles for the past 12 months and want to know which ones have taken the fancy of your fellow readers? Or perhaps you’ve managed to somehow ignore our...
View ArticleMeet the winners and losers of this year’s Wall Street comp battle
The writing was on the wall six weeks ago when initial compensation projections first hit the wire. Equities staffers and investment bankers (outside of M&A) were in line to celebrate a strong...
View Article