Six deadly sins to avoid when creating a banking cover letter
Cover letters need to do three things: prove you can do the job, differentiate you from other candidates and not attach a red flag to your application. Sadly, the third component is just as critical as...
View ArticleEight leading indicators that your banking job is killing you
Your banking job may be boring. It may be exhausting, stressful, all-consuming and fraught with the sort of political machinations better suited to an episode of Question Time, but does it have serious...
View ArticleMorning Coffee: IBD layoffs to come at CIMB? How princeling banker avoided...
Investment banking jobs at CIMB in Singapore and Hong Kong could be cut as the Malaysian bank looks to speed up cost reductions after the collapse of an $18bn three-way merger plan with smaller local...
View ArticleWhere to snag a 40% salary rise in Asian banking, even as hiring slumps
Relationship managers (RMs) in Singapore’s corporate banking sector reached new heights of desirability in 2014. But although the job market is looking more muted for them this year, big pay rises are...
View ArticleHow to achieve a 95% pass rate in CFA Level I
It’s not easy to break into an investment bank in the City of London when you’re studying overseas. While local candidates can still count on connections and their attendance of a target school,...
View ArticleCredit Suisse has been hiring for its investment bank. UBS hasn’t. Here’s...
It’s been a bad year so far for Swiss investment banks. The appreciation of the Swiss franc against the euro has prompted Credit Suisse to announce additional cost cuts. UBS may yet declare something...
View ArticleWhat you’ll learn during 2 years in IBD at Morgan Stanley
So, you want to work in M&A when you leave university? Are you sure? Are you really sure? Are you passionately sure (and passionate about the work)? Because if you’re not, you might as well forget...
View ArticleWhy people quit finance jobs before they’re 30 – the 7 year itch
There’s a good reason to cling to your banking job, however exhausting and excoriating, until you’re at least 32: the big money in banking comes with time. By working in the financial services industry...
View ArticleBarclays adding older talent, former SAC Capital hiring youngsters
In the latest hiring roundup, Goldman alums launch a new investment firm, Santander is adding wholesale bankers and Steven Cohen is hiring college kids. Barclays eyeing older (cheap) talent Barclays...
View ArticleMorning Coffee: Behold Standard Chartered’s new hiring plans in Singapore
Standard Chartered has been better known for its layoffs in Asia of late (think, 4,000 retail redundancies and 200 jobs lost in equities). But the bank has also been setting out its emerging hiring...
View ArticleWork for the Big Four in Asia? Now is the time to move to a bank
If you’re a young auditor at the Big Four in Singapore or Hong Kong with your eyes set on a banking career, now may be a good time to line up a move. As poaching people from the finance departments of...
View ArticleThe personification of physical perfection was working for Goldman Sachs
The Wall Street Journal today features a profile of Mehra “Cactus” Raazi, a former salesman at Goldman. While the article is ostensibly about Raazi’s new role as the ‘frontman’ for Tradeweb Markets,...
View ArticleThe 12 worst pieces of career advice you’ll read
There’s an assumption that most generic career advice books are mostly full of obvious fluff that panders to and possibly takes advantage of the unemployed. One book confirms this. Last week, one...
View ArticleWhat it really takes to quit investment banking for Silicon Valley
Investment banking isn’t what it used to be. The pay is good but not great, and the prestige has gone. Tech firms and start-ups are the new belles of the ball. But will you fit in at the start-up...
View ArticleMorning Coffee: New financial reforms trigger new talent shortage in Asian...
2015 looks set to be a busy one for equity capital markets (ECM) bankers in China – but recruiters fear a looming talent shortage in the sector. At the end of last month 24 firms had been cleared to...
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This is what you need to know about the pay increase at Credit Suisse
Credit Suisse has increased pay at its investment bank. This is the conclusion from today’s fourth quarter results. The pay increase was not negligible: compensation per head rose by 8% in 2014...
View ArticleWhat it’s really like to work as a structurer in an investment bank
Even if you’re a student who wants to work in investment banking, you probably have a fair idea what M&A bankers or sales and trading professionals do on a day-to-day basis. However, the life of a...
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CV Clinic: Can I get a financial services job in another country?
This is the latest installment of our regular ‘CV Clinics’ feature, where we analyze a real student or financial professional’s resume and assess their chances of scoring a job in banking. We ask...
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13 Charts from Deutsche Bank that explain where to work in finance now
Deutsche Bank’s strategists have been hard at work on a new report titled, ‘Mapping the Financial Market in 2015.’ If you’re wondering which areas of the buy-side are growing and which aren’t, it has...
View ArticleMorning Coffee: Staff “fall off chairs” as DBS gives surprise $18m birthday...
It’s (almost) Chinese New Year, it’s the year of Singapore’s 50th birthday and DBS has just reached a landmark S$50bn in market capitalisation. Little wonder then that DBS chief executive Piyush Gupta...
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