How to get a banking job in Asia NOW but still get a bonus from your current...
As the year draws to an end banks in Asia are doing more than just pipelining potential talent for next year. Increasingly, they are making offers of employment now for jobs not starting until bonuses...
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Chance of being laid off in fixed income since 2010? 27%
Bankers are paid a lot. However, there’s a good reason for this – they live under the threat of constant redundancy. As veteran banker-turned author Philip Augar noted in the Financial Times yesterday,...
View Article“Trust me the City is NOT rotten to the core! These FX fiddlers are just...
After 52 years and two months of gainful employment in the City of London, this week, without any qualification or ambiguity, has been the saddest of my professional life. I hang my head in shame! Any...
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The investment banking jobs calendar. When banks hire, when banks fire
You want a job in banking? Now may not be the time. As the infographic above – based on smoothed headcount changes at four major investment banks since 2010 – shows, we’re now in the cold season for...
View ArticleFive things you may not know about the Series 7 that can help you pass
There are over 40,000 individuals per year who take the Series 7 examination, with only two-thirds passing. The others need to tell their new boss that, sadly, they won’t legally be able to trade...
View ArticleMorning Coffee: Private equity jobs now reportedly under threat at Stan Chart
As Standard Chartered continues to reveal its recovery and restructuring plans after reporting a drop in earnings this year and last, the extent of possible job losses in Asia remains unclear. To date...
View ArticleThree major people-moves in Asia and what they mean for banking careers in...
October and November are generally not busy months for senior-level hiring in the banking sector – as this infographic shows, the pre-bonus months are predominately a time when banks like to slash...
View ArticleThe promised land disappoints: Hedge fund traders making a swift return to...
The career path of an investment bank trader looking for a bigger pay day has always been straightforward – move to a hedge fund. Competition is incredibly tight for places on the buy-side and only a...
View ArticlePay at Pimco in London. High, but not hundreds of millions high
Now that Pimco’s (allegedly) exorbitant pay has become common knowledge, will you rush to apply for a job at Pimco’s London office? Maybe, but you need to know that while life will be lavish, it won’t...
View ArticleOne day all bankers will be paid in ‘performance bonds’– except the evasive ones
First came deferred bonuses. Then came mandatory deferred bonuses. Then came clawbacks. Then came deferred bonuses paid in CoCos (if you’re at Credit Suisse). Then came the EU’s bonus cap. Then came...
View ArticleWall Street or Silicon Valley? Which is best for a technologist?
You’re a technologist. So, do you want to work for a bank? Or do you want to work for a technology company? It’s a question worth asking because banks are increasingly busting their duodenums to hire...
View ArticleMorning Coffee: First more compliance jobs in Asia, now more legal jobs
Compliance is (obviously) one of the most sought after jobs in Asian banking. Regional stalwarts HSBC and Standard Chartered have been expanding their compliance teams in Hong Kong and Singapore even...
View ArticleSix banking careers in Asia where soft skills are becoming much more important
It’s now a cliché in Asian recruitment circles: the job markets in Singapore and Hong Kong have become “more mature” over the past five years. Banks have stopped building out their back-office hubs in...
View ArticleThe new career paths of Barclays FX MDs laid off as the bank shrinks
Where do you go if you’re a senior FX trader laid off at a rapidly shrinking investment bank when few firms are hiring for their fixed income teams and even fewer are considering taking on those with a...
View ArticleHow to get the bonus you deserve for 2014
This year’s bonus round will be…complicated. Revenues haven’t been great and certain areas (FX) have been hit by mammoth fines. European banks globally and U.S. banks in London are constrained by the...
View ArticleWhy banks like to hire liberal arts graduates, redux
Forget finance, economics, maths, physics and electronics, Banks are all about liberal arts graduates. They love them. They want to hire them. And they are saying so in public. For English-speaking...
View ArticleHSBC hiring private bankers, Citi hiring graduates
In the latest hiring roundup, HSBC is adding to its private banking unit, Deutsche Bank is expanding its corporate banking unit and US Trust shows impressive growth. The one firm hiring bond traders No...
View ArticleMorning Coffee: Pro-democracy protests haven’t damaged Hong Kong as a...
A new Bloomberg Global Poll suggests that the current pro-democracy protests in and around Hong Kong’s financial district haven’t yet damaged the city’s standing as a financial service centre. An...
View ArticleHow to begin a banking career at DBS
DBS is currently sorting through applications for its 2015 management associate programme in Singapore and across Asia. While you don’t necessarily need to have a finance degree or even an internship...
View ArticleHedge fund pays 12 people £141m after stellar year
If you were looking for an opportune time to join a hedge fund and receive a large pay day, it would have been wise to apply to Egerton Capital at the beginning of 2013. It was a great year for the...
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