There have been these strange departures from J.P. Morgan
It’s not just Deutsche Bank. It’s not just Credit Suisse. It’s not just Citi. And it’s not just Morgan Stanley. J.P. Morgan has also been disassociating itself from staff since the Christmas period....
View ArticleBad things J.P. Morgan’s results are telling its investment banking employees
J.P. Morgan’s fourth quarter results are out. You can see them here. Or, if you work for (or aspire to work for) J.P. Morgan’s investment bank, you can read a summary of the bad news below. 1. J.P....
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This chart from J.P. Morgan explains why pay is highest at Goldman Sachs
Just before J.P. Morgan announced its fourth quarter results today, J.P. Morgan’s banking analysts followed in the footsteps of Morgan Stanley and Barclays with their appraisal of what’s coming up in...
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CV Clinic: Can I get a job in investment banking?
Here’s the latest installment of our semi-regular ‘CV Clinics,’ where we have industry experts and recruiters analyze student or financial-professional resumes and assess their chances of scoring a job...
View ArticleMorning Coffee: Deutsche M&A appointment continues Hong Kong reshuffle
We’re barely two weeks into the year and there’s more news emanating from the upper echelons of Deutsche Bank in Hong Kong. Last week we learned that Lisa Friis, Deutsche Bank’s COO of investment...
View ArticleThe new place to find cutting-edge, in-demand careers in Asian banking
The consumer divisions of banks in Asia are not renowned for their ability to attract elite candidates from other departments, industries and countries into cutting-edge, well-paid jobs. But this is...
View ArticleLost your job in fixed income? Look who may hire you
Last year, RBC Capital Markets rode valiantly to the rescue of several discarded fixed income professionals. Could this year’s steely saviour be….Mizuho International? We’re just asking because Mizuho...
View ArticleWhy work for an investment bank when you can work for Blackrock?
The virtues of making the move across to the buy-side from investment banking are many. Fund managers can still pay their employees pretty much what they like, thanks to side-stepping the EU’s bonus...
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What’s really going on in Citi and BofA’s investment banks?
Citi and BofA have both reported their results for the fourth quarter and full year of 2014. When it comes to their investment banking and markets businesses, neither looks too hot but both do – at...
View ArticleBanking interview questions: What are the implications of the soaring Swiss...
As part of a new series for students interviewing with investment banks, we’ll be running concise advice articles on how to answer questions on the big finance issues of the day. Today: the shock...
View ArticleMorning Coffee: Citi suffers China departures
As news coverage about Citi focuses on yesterday’s results (click here for our report) two senior bankers in Greater China have quietly left the US bank. Eugene Qian, China head of corporate and...
View ArticleThe types of banks to work for in Asia if you want a big bonus percentage
If you are forging a career in private banking in Singapore or Hong Kong – or if you want to break into the sector – you have, in theory, a wide range of employers to work for. Many private banks in...
View ArticleAsian bankers expecting bonuses to drop, except in wealth management
There’s not much optimism about investment banking bonuses in London or New York. Pay for traders is likely to be especially poor, but Citigroup, Bank of America and J.P. Morgan are all expected to cut...
View ArticleHigh-paying hedge fund ramps up compensation and headcount
Following an uptick in revenues, Capula Investment Management, the $13bn hedge fund set up by former J.P. Morgan trader Yan Huo, has hired more partners and research staff over the past year. It’s also...
View ArticleThe 15 highest paid accounting in finance jobs globally
If you make it to the top in an accounting job in financial services, the rewards can be great wherever you work in the world. But for rank and file staff, it takes years of post-qualified experience...
View ArticleIs it really this amazing to be an MD at Morgan Stanley?
How amazing and incredible is to be an MD at Morgan Stanley? Ask Nick Bishop, the former head of EMEA retail investment banking at UBS. As the Financial Times reported earlier this week, Bishop is...
View ArticleHow Goldman Sachs compares with JPM, Citi and BofA
If you’re interested in Goldman Sachs careers, you should also be interested in how Goldman Sachs is performing compared to its closest rivals. Now that Goldman’s reported its full year results for...
View Article“Junior banking jobs go to the rich students”
“I’m an economics student at a top university in the UK. Like a lot of my course mates, I want to go into investment banking. Unlike a lot of my course mates, I don’t come from a family with banking...
View ArticleMorning Coffee: Singapore finance professionals face smaller pay rises
It’s official: Singapore is no longer a job market fuelled by big pay rises. Prime Minister Lee Hsien Loong announced at the weekend that Singaporeans should prepare themselves for lower pay increases...
View ArticleAnalysts needed now at Singapore funds
The hedge fund sector may be a relatively small player within Singaporean financial services, but it still has its unique set of employment challenges. While earlier this decade hedge funds in...
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