What’s the minimum score you can get on CFA Level I, and still pass?
On Saturday, thousands of people around the world will take the CFA exams. In late July, they’ll find out their results. History suggests they won’t do well: in June 2014 the average pass rate across...
View ArticleThe top 20 universities for getting a hedge fund job
Getting a graduate job at a hedge fund is near impossible. More recently large hedge funds have been inconspicuously scouring the campuses of top universities for potential recruits, but even these...
View ArticleFinancial services jobs which pay $200k (£150k) sooner than you think
With banks like HSBC and Deutsche Bank hiking salaries for junior staff to match last year’s salary increases at big U.S. investment banks, it’s becoming increasingly easy to predict how much you’ll...
View ArticleGoldman Sachs hires, J.P. Morgan loses, as equity derivatives hiring heats up
Following last week’s equity derivatives moves at Citigroup, two other US investment banks have joined the poaching and replacement carousel. Goldman Sachs has recruited Joaquin Gutierrez Lantero from...
View ArticleThe universities to attend if you want a new banking job in Asia
An Ivy League degree may be almost a prerequisite for getting a job at Goldman Sachs, but in Singapore and Hong Kong most finance professionals are progressing their careers with qualifications from...
View ArticleMorning Coffee: 20,000 redundancies at HSBC? The real reason why you overwork
Is HSBC about to make tens of thousands of layoffs? Sky News thinks so. At next week’s investor presentation, it’s predicting that Stuart Gulliver will announce plans for another 10,000 to 20,000...
View ArticleThe ‘art’ of asset management and why finance students don’t get it
Is there such a thing as too much technical knowledge? Do students going into financial services spend so much time with their nose buried in a textbook that they forget how to be critical and,...
View ArticleThe 9 worst things to include on your banking CV
Unless you’re a seismologist with a PhD or an equity derivatives professional with Iberian contacts, getting your CV past the recruitment gamekeepers may not be easy. If they’re any good, they’ll...
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Anshu Jain just provided this information on Deutsche Bank layoffs and strategy
Deutsche Bank will be making redundancies. When Anshu Jain and Juergen Fitschen unveiled Deutsche’s new strategy in April, they spoke of €3.5bn of cost cuts. At the time, no one entirely knew what this...
View ArticleHow to return from New York or London to China, and make it work
Chinese financial professionals returning in swathes to their homeland is no longer a new phenomenon, but more interesting is what they do when they get back after years working overseas. How does...
View ArticleThe chart that shows which banks to work for in Asia right now
Are you looking for a job at a global bank in Asia? You may want to apply to firms that are currently expanding in Asia and focusing a comparatively high proportion of their recruitment efforts on the...
View ArticleMorning Coffee: Perfect student finds top team in top bank unbearable. Why...
If academic pedigree and work experience are predictors of investment banking success, Sarvshreshth Gupta should have thrived as a member of Goldman Sachs’ TMT team. A graduate of Wharton Business...
View ArticleWhy you should want to work for Goldman Sachs’ back office
If you work in investment banking operations and still value the prospect of an annual bonus – join Goldman Sachs. Goldman pays twice as much as its nearest rival, BNP Paribas, and nearly seven times...
View ArticleJunior bankers are still tragically overworked. What can be done about it?
Two junior bankers have died this year. Yesterday, the New York Times told the tragic stories of Sarvshreshth Gupta and Thomas J. Hughes. Both were in their 20s. Both worked in investment banking...
View ArticleTwo Mysterious Deaths Have Banks Soul Searching Yet Again
“Is there a suicide contagion on Wall Street?” That’s the headline of a Fortune Magazine article that ran last February. Two recent deaths of bankers in their 20s – both being investigated as...
View ArticleHedge fund pays over 200% bonuses this year
If investment banks are hiking up salaries to counter regulatory clampdowns on bonus payments, hedge funds are still very much the places to get paid for performance. A case in point is the UK arm of...
View ArticleWhere are all the single name CDS traders now?
Single name Credit Default Swap (CDS) traders have not had a good time of it. Late last year, Deutsche Bank stopped trading most single name credit default swaps, hammering a final nail into a coffin...
View ArticleEight crucial skills that could get you a compliance job in Asia
You want a new compliance job in Asia, either by moving banks or nailing a big promotion. But what skills might help you to leapfrog the competition and potentially achieve a 28% pay rise? Here are...
View ArticleWhere to Get an MBA If You Want to Get Paid to Pick Up Coffee
As we mentioned last month, now appears to be a fairly good time to head off to business school. Around 92% of companies in the U.S. plan to hire MBAs, up from 80% in 2014. Plus, pay is increasing,...
View ArticleMorning Coffee: 2nd year Barclays analyst sends inappropriate email to...
In the wake of two analyst deaths in investment banks, this is not the time to joke about workloads with incoming interns. Justin Kwan, a second year power and utilities analyst at Barclays in New...
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