Why middle-aged men in banking are experiencing accelerated obsolescence and...
The financial crisis of 2007/8 precipitated the mass exodus of thousands from the banking sector. The aftermath required radical restructurings of balance sheets and org charts. But the worst hasn’t...
View ArticleMorning Coffee: Singaporean banks tipped to hire as RBS reportedly cuts
More details are emerging of the much anticipated RBS cut-backs in Asia – and in Singapore they look particularly savage. RBS is expected to announce on Thursday, when it releases its full-year...
View ArticleThe essential skill for any investment banking analyst in Hong Kong
If you want to get hired by an investment bank in Hong Kong, you need one key skill on your resume – Mandarin. In a change of strategy from only a few years ago, investment banks want top graduates who...
View ArticleIt’s the hot hiring season in Asia – here’s how to really stand out as a...
Chinese New Year is over and hiring in Singapore and Hong Kong is heating up. Unless you’re working in a skill-short function in which banks are more flexible with their recruitment requirements,...
View ArticleMore senior ex-bankers depart from BlueCrest Capital Management
You made the momentous move from an investment bank’s trading floor to a hedge fund. Even better, the hedge fund is expanding while your bank continues to roll out strategy reviews that see colleagues...
View ArticleThe only career that will pay you £250k by the time you’re 35
Banking bonuses are, of course, being squeezed. In the UK, not only will it be capped at 100% of salary, but banks’ cunning dodge of the cap – role-based allowances – could also be subject 50% income...
View ArticleThe only chart you need to steer a sales and trading career
Productivity is the watchword in markets jobs today. As ‘seat costs’ increase thanks to higher investments in risk, compliance and technology, salespeople and traders are under pressure to generate...
View ArticleWhat junior bankers are like at 4am
A foot was sticking out from underneath a desk. A well-trousered leg. A black loafer. The leg of a junior investment banker. No – this isn’t the start of a murder mystery. It’s simply what happens...
View ArticleHow to land an internship at J.P. Morgan and turn it into a full-time offer
If you want to land an internship at a bulge bracket bank, you’ll need a fairly exceptional background. But know that credentials and school pedigree aren’t enough. You’ll also need to harness all the...
View ArticleMorning Coffee: Why you should forge a career in private banking, not IBD
If you want to forge a front-office banking career in Hong Kong and you want your skills to be sought after over the long term, private banking looks like a better bet than investment banking. The Hong...
View ArticleEight giant hiring trends you need to know about in the Year of the Goat
Chinese New Year is over. And that means we’re now in the season where more finance professionals in Singapore and Hong Kong will actually be resigning rather than just thinking about it. But as we...
View ArticleFollowing your boss to his nice new hedge fund? Think twice
Your manager and mentor is quitting to start his own hedge fund and has picked you – you! – to move with them. Do you quit the bosom and (relative) security of a large investment bank for a...
View ArticleAverage pay in RBS’s investment bank? £197k. Here’s who’s safe
For all the bombast about punishing investment bankers, cutting the bonus pool and doing away with a standalone investment bank, people in RBS’s corporate and investment banking business may not have...
View ArticleDid J.P. Morgan just ask some staff to amend profiles on LinkedIn?
Rumour has it that J.P. Morgan’s most desirable and hard-to-retain staff may soon become harder to find on LinkedIn. Recruiters claim that some technology professionals at J.P. Morgan in the UK have...
View ArticleMorning Coffee: Singapore to lose FX jobs to Hong Kong? CIMB cuts 50
Hong Kong’s government is in a contemplative mood when it comes to financial services. As we noted yesterday, it is planning a training and internship programme to tackle skill shortages in the...
View Article6 things you didn’t know about Jeff Urwin, the new co-head of investment...
Deutsche Bank has just appointed a new co-head of investment banking. That man is Jeff Urwin, the former global co-head of investment banking at J.P. Morgan. Urwin will be based in New York, while...
View ArticleTwo emerging skills that banks in Singapore are searching for right now
Mandarin isn’t the only second language that’s increasingly sought after at banks in Singapore – Indonesian and Japanese speakers are now on their radar. There’s been a surge in demand for Indonesian...
View ArticleWhat happens to Renshaw Bay now that Bill Winters is joining Standard Chartered?
Bill Winters has been returned to mainstream banking, having been unveiled as the new CEO of Standard Chartered. But since leaving J.P. Morgan, where he was co-chief executive, Winters has been...
View ArticleWould you take a step back in your career to join J.P. Morgan?
Would you go from global head of a business at a European bank to a position where you’re not even head of a desk at J.P. Morgan? This is what Carl Teece, former global head of precious metals trading...
View ArticleSomething’s up in Citi’s European equities team
Citi’s European equity team appears to be undergoing some changes. In the past few months, several senior people have left. The Financial Conduct Authority (FCA) Register indicates that Citi has parted...
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