Morning Coffee: How idiots mess up Morgan Stanley applications. The forgotten...
If you’re a student and you want to work for Morgan Stanley, you’d better put in an impeccable application. As Morgan Stanley CEO James Gorman explained this summer, Morgan Stanley receives 90,000...
View ArticleAs hiring heats up, is the Middle East ‘sexy’ to investment bankers again?
Aside from the brief ‘gold rush’ in 2008, as investment bankers flocked to Dubai to escape the financial crisis sweeping London and New York, the Middle East has struggled to maintain its allure to...
View ArticleWhich big U.S. bank best suits your personality?
You aspire to work for a U.S. investment bank. After all, they generally rank higher on league tables than European banks (even in Europe) and they generally pay more – with a higher proportion of that...
View Article6 things JPMorgan and Citi’s results say about your banking job
It’s US bank results week. JPMorgan’s third quarter results are now properly out after they were accidentally released early. Citi’s third quarter results are out too. What do they say? What are the...
View ArticleNomura hiring in the US, HSBC in the UK
In the latest hiring roundup, HSBC is recruiting heavily in the UK, JPMorgan is targeting a new region and Nomura pours money into its US investment bank, again. Nomura’s US hiring spree Nomura just...
View ArticleYou must act NOW to get a banking job in Asia in 2015
If you want a new banking job in Singapore or Hong Kong after you get your bonus early next year, it pays to start planning your move right away. Banks in Asia are “pipelining talent” this quarter –...
View ArticleMorning Coffee: The truth about pay at JPMorgan. The interview no trader...
JPMorgan’s corporate and investment bank (CIB) didn’t have a good third quarter. Despite this, it hiked its third quarter compensation ratio and said it was increasing pay. Celebrations would be...
View ArticleThe six hottest programming languages to know in banking technology
What technology should you bone up on if you want a job in an investment bank these days? When we asked this question 18 months ago, the answer was unquestionably Java, which had more than double the...
View ArticleHow much can you earn as a quant in New York and London?
We write a lot about pay for people in banks’ investment banking divisions (IBD), but we write a lot less about pay for people working in banks’ markets businesses. This is partly because pay is more...
View ArticleThe EBA’s tantrum over banking allowances means bankers will be...
No one can say they didn’t see it coming. After weeks and months of mumbled displeasure about banks’ use of role-based allowances to sidestep the EU bonus cap, the European banking authority has...
View ArticleBanks still pushing for more female executives
In our most recent survey, nearly nine out of 10 respondents said they don’t believe their employer has any specific targets in mind when it comes to gender diversity. Hopefully those people don’t work...
View ArticleFour key takeaways from Bank of America’s third quarter
Bank of America grinded out a small profit, beating analyst expectations despite massive litigation costs related to its mortgage business. All-in-all, it was a good quarter for the bank, knowing that...
View ArticleHow to ace the questions on banks’ application forms
If you’re a student looking for a job in an investment bank, you will have come across the investment banking application form. You will also have come across the sometimes oblique questions that banks...
View ArticleThese are the banks in Asia that bankers really want to work for
Private banks are fond of talking up their expansion plans in Asia – the world’s fastest growing region for private wealth (Credit Agricole provides the most recent example of this trend). But where do...
View ArticleMorning Coffee: James Gorman tells ingratiating intern how to get job at...
How do you get a job at Morgan Stanley? As we reported earlier this week, it won’t happen for you if write ‘lol’ in your application or unleash drunken photos of yourself the internet. It will happen,...
View ArticleJPMorgan has re-hired UBS’s rates and credit chief
Daniel Theurkauf, the head of rates and credit for Germany and Austria at UBS, has left the Swiss bank to rejoin JPMorgan after three years away. Theurkauf held various senior positions during his ten...
View ArticleWill this qualification get you a £120k job in risk management?
Risk management jobs are hot. As banks like JPMorgan try to make the same amount of money while taking a lesser amount of risk, risk management expertise has become a crucial component of revenue...
View ArticleBank-by-bank MBA associate programmes deadlines (London)
MBAs, as has been well-noted in recent weeks, are choosing to stay away from investment banking and are gravitating towards more glamorous positions in tech companies or taking the traditional route...
View ArticleWhy you shouldn’t get excited about Goldman Sachs’ results...
Goldman Sachs’ third quarter results are out. They’re good news for anyone looking for an entry-level job at the firm. They offer less cause for excitement if you’re looking for evidence that fixed...
View ArticleTen interview questions designed to stump bankers and consultants
You won’t find many people out there that believe interviews are “fun,” particularly in banking or consulting. At best, they are an endurance test that you can derive some joy out of passing. But some...
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