The 10 best banking jobs you’ve never heard of
‘Trading jobs’ are good if you aspire to make money. M&A jobs are good if you aspire to have no sleep. Compliance jobs are good if you aspire to become extremely stressed. But what about the...
View ArticleFive probable outcomes of Brady Dougan’s replacement by Tidjane Thiam
There are three months until Tidjane Thiam turns up at Credit Suisse and Brady Dougan steps down to run marathons or start a ranch in Illinois. That gives plenty of time for Credit Suisse employees to...
View ArticleMorning Coffee: Are Singaporeans becoming less worried about expats taking...
Your new boss is a Westerner and as he expands his team a high proportion of his new hires are expats too – this makes you suspicious that he’s recruiting people he feels more comfortable working with...
View ArticleBanking giants target employees of small trading firms in China
Large banks are circling the staff of smaller brokerage firms in China. New rules mean that security firms and banks – once kept firmly apart from one another by local regulators – will be competing...
View ArticleWant a banking job in Hong Kong or Singapore? Apply next month
The banking job market in Asia should be busier than at any point during the year. The post-Chinese New Year period is when banks really ramp up recruitment, but although there are more job...
View ArticleAnalyst, associate and VP salaries and bonuses in London: the 2015 Dartmouth...
Three years out of university, junior investment bankers in London are now averaging £102k in combined salaries and bonuses. However, indications are that all isn’t well in the junior ranks. “We’ve...
View ArticleJ.P. Morgan technologists have a conspiracy theory about their LinkedIn ban
J.P. Morgan isn’t just going to let its technologists ignore its LinkedIn ban and continue to flaunt their credentials on social media – oh no. Following last week’s memo from CIO Dana Deasy demanding...
View ArticleWhy junior bankers don’t sleep
Maggie Thatcher got four a night. Napoleon only two. Obama gets a whopping six. Hours of sleep that is. The average junior investment banker (read analyst, or associate) ranks somewhere between the...
View ArticleMorning Coffee: Potential lifeline for ECM bankers in Hong Kong
It hasn’t been a great first quarter if you work in equity capital markets in Hong Kong or Singapore – ECM jobs have been among those trimmed at Standard Chartered, Goldman Sachs and CIMB. The general...
View ArticleBanks in Hong Kong and Singapore need a new kind of candidate. Do you fit the...
Corporate and private banks in Hong Kong and Singapore spent much of their recruitment efforts in 2014 bulking up their ranks of relationship managers (RMs). So far this year, though, RMs aren’t moving...
View ArticleAsset management bonuses in Asia play catch up with investment banking
Pay in asset management is slowly catching up to investment banking globally, but in Asia portfolio managers are enjoying a more significant bump up in bonuses. While overriding conditions at...
View ArticleMeet nine new graduates who have been hired by Citigroup’s markets division
If you get a graduate job in Citigroup’s sales and trading division, you will spend the first six months training, and undertaking four month-long rotations across different divisions before...
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Apollo, Blackstone or KKR? Which top private equity firm should you work for?
If you’re ‘nice’ and you’ve got an excellent academic track record and you’ve spent some time on the training program in the investment banking division (IBD) of a major investment bank and you want to...
View ArticleSo, Deutsche Bank’s 500 new US compliance hires didn’t seem to work out
So, Deutsche Bank’s US business didn’t make it through yesterday’s stress test due to what the Wall Street Journal (parsing the Fed) describes as, ‘“numerous and significant deficiencies” across...
View ArticleMorning Coffee: Proof that Goldman and CIMB were right to cut M&A jobs in...
Goldman Sach’s cutting of 15 investment bankers in Singapore earlier this month raised a few eyebrows because it went beyond the standard cull of underperformers and included some very senior staff....
View ArticleEight things to know about jobs at Tidjane Thiam’s Credit Suisse in Asia
Tidjane Thiam, who starts as the new CEO of Credit Suisse in June, is expected to grow the bank’s wealth management arm in Asia. Credit Suisse has, however, been plotting a big expansion in Singapore...
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Five insights into hiring and pay at UBS
UBS has just unveiled its annual report. As we reported on the release of its Q4 results, pay is now on a par with Goldman Sachs, front office headcount in UBS’s investment bank has been falling and...
View ArticleWill you be worked to death at the Big Four too?
Long working hours and IBD are like blurred vision and inebriation – well documented and deleterious to health if they go on for too long. But how about long working hours and the Big Four? They can be...
View ArticleThis is the book Goldman Sachs bankers are reading to become better parents
In theory, the privileged children of investment bankers and finance professionals should grow up to be successful, well-rounded, happy people. In fact, this isn’t always the case. Goldman Sachs has,...
View ArticleMorning Coffee: A good hubby and helper – keys to success for female Hong...
If you’re a female banker in Hong Kong, having a supportive husband and a good domestic helper are crucial ingredients to career success – so says Citi’s country business manager of global consumer...
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