A peek inside one of the world’s most secretive hedge funds
Most companies have mission statements that spell out the firm’s goals, strategies and details on its ideal corporate culture. Usually, they are a page or two long. Ray Dalio’s Bridgewater Associates,...
View ArticleHFT firm hires 11 traders, increases compensation costs by £17m
How much do you earn working in a high frequency trading firm? Millions, as the popular press would have you believe, or ‘mere’ hundreds of thousands providing that you bring in the PnL? If the...
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Could Tom Brady have won a job on Wall Street?
He’s a three-time Super Bowl champion, a two-time MVP and one of the most famous athletes in the US. But 15 years ago, Tom Brady was just another guy out of college who was looking for a job....
View ArticleThose senior BofA fixed income layoffs? They’re not just fixed income....
Remember the fixed income sales and trading redundancies at BofA? Well. Turns out they happened in London last week. And guess what? They weren’t just fixed income. Nor were they just MDs. Yes, plenty...
View ArticleHow to get an entry-level relationship manager job in Singapore or Hong Kong
Relationship manager (RM) jobs in Singapore and Hong Kong corporate banking are in demand right now as banks look to expand their client base, both locally and regionally, in this lucrative, expanding...
View ArticleMorning Coffee: Goldman Sachs traders keep on leaving for hedge funds....
Traders don’t want to work for Goldman Sachs any more. This isn’t a statement of fact, but it’s a fair supposition based upon the facts: Goldman traders keep leaving for hedge funds. The latest exit is...
View Article4 things Goldman Sachs suggests you do before your banking interview
You have an interview with Goldman Sachs, or any other leading bank. Aside from familiarising yourself with the firm’s Business Principles and Standards, what must you do to prepare? Fortunately,...
View ArticleStrong bloodlines can only help your chances of killing it on Wall Street,...
When it comes to launching your own hedge fund, it’s all about pedigree. Institutional and private investors give tens of millions of dollars to freshly launched hedge funds because of the name,...
View ArticleUnhappiness in Citi’s equities business?
Is everything ok in Citi’s London-based equities business? We ask, because headhunters claim there are rumbles of discontent. “There have been a lot of changes there,” claims one senior equities...
View ArticleFive key travel tips for bankers on-the-go
Business travel is, at its best, still a bit of a headache, particularly if you need to pitch to a client soon after getting off a long flight. If you’re not used to it, business travel can take a toll...
View ArticleThe expanding bank now poaching from the bulge bracket in Singapore
If you’re looking for a banking job in Singapore, you may want to consider applying to Mizuho. The Japanese bank has announced in local media that it will be increasing its 600-strong Singaporean...
View ArticleMorning Coffee: JPMorgan takes aim at fixed income traders. Laid-back life of...
Not long ago, JPMorgan’s analysts issued a note. In it, they said that fixed income sales and trading revenues across all banks are likely to fall by 3% this year and by 3% next year. They also...
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Which investment banks you should work for in EMEA, Asia and the US
JPMorgan and Goldman Sachs maintain a stranglehold on the vast majority of investment banking business areas in the first half of 2014, so if you’re considering where the relative safety of your job...
View ArticleThe sorry state of today’s bond traders
It’s not the best time to be a bond trader – that much is obvious. Liquidity in the market is lousy and new capital requirements are making trading less profitable. The fact that the Fed continues...
View ArticleLansdowne Partners ramps up pay, ‘London whale’ hedge fund not quite as buoyant
Hedge funds Lansdowne Partners and Blue Mountain Capital were more generous with their pay last year, but in contrasting ways. While Lansdowne has ramped up comp for its rank-and-file employees by over...
View ArticleFinance jobs today: Filling up with environmental warriors and social justice...
It’s been going on for a while, but it’s only recently become a big thing among young people who want jobs in banking. It’s not enough to have a perfect CV with an immaculate academic record and a...
View ArticleGraduate and internship application deadlines for banks in Singapore and Hong...
If you’re after a graduate job or summer internship at a global bank in Singapore or Hong Kong in 2015, you generally have only a few more weeks (or in some cases, days) in which to apply. As the...
View ArticleMorning Coffee: Seems Goldman Sachs intends to hire 3,600 people here....
Where is Goldman Sachs hiring? If you’ve been paying attention to presentations by CEO Lloyd Blankfein and COO Gary Cohn, you’ll already know the answer: Goldman Sachs is hiring in ‘high value...
View ArticleMorgan Stanley’s commodities trading chief signs up to Citadel
Morgan Stanley may be building its commodities business again, after a 10% headcount cull last year, but it’s still prone to losing senior traders to hedge funds. Ben Ansellem, who was promoted to head...
View ArticleTrading jobs: High pay for Deutsche Bank rates traders quite standard
Remember those rates traders at Deutsche Bank? Those managing directors (MDs) who were earning £878k to £3m ($1.4m to $6.5m)? And those junior rates traders who were earning around £280k ($457k)? It...
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