The $26bn Hedge Fund Which Hires 20-Year-Olds
Are you in your 20s? Do you want to manage $1bn of other people’s money for one of the world’s leading hedge funds? Send your resume to Ken Griffin at Citadel – you could be just his thing. In a...
View ArticleThe best (and worst) paying investment banks for associates
In a world where junior investment bankers hold ever more sway within the organisation, principally because so many firms are looking to hire them, it’s important to know your worth. While pay for...
View ArticleWhich French investment bank should you go for now?
When it comes to French investment banks, there are two big ones to choose from: SocGen and BNP Paribas, Both have now published their second quarter results. Both are cutting costs. Both have a...
View Article24 questions you will encounter in capital markets interviews
The last 12 months have been a mixed bag for debt and equity capital markets bankers. While the equity capital markets (ECM) teams continue to pull in record revenues – particularly in the US where...
View ArticleI’ve taken a year out of banking to work for a charity and it’s made me a lot...
We spoke to Raj Narayan, head of secondary loan trading at Lloyds Banking Group. Since May, Raj has been on secondment from Lloyds to Business in the Community, an organization that aims to build a...
View ArticleHow your life unfolds when you start your career in IBD
An analyst programme in a global investment banking division (IBD) is supposed to be a passport to anything. After two years working 100 hour weeks and eating takeaway food, you can theoretically break...
View ArticleTop hedge fund steps up trader recruitment
Millennium Capital Partners’ UK recruitment spree, which last year involved poaching from investment banks’ disbanded prop trading desks, has restarted with a series of senior hires in recent weeks....
View ArticleTwo top M&A bankers at Barclays and Deutsche have set out on their own
Both Barclays and Deutsche Bank are placing M&A and advisory banking at the heart of their nascent capital-light strategies. It’s maybe unfortunate, therefore, that both Barclays and Deutsche Bank...
View ArticleAs a quant I should have found the CFA Level I easy. I didn’t
The CFA level I exam is notoriously difficult and despite the increase in people sitting the exams this June, just 42% of people managed to pass. Thankfully, I was one of them. I come from an...
View ArticleHow to hack your profile picture so you get more banking interviews
You keep applying for banking jobs and you keep on getting rejected. If recruiters can check you out online, your profile photo might have something to do with this. Researchers at Amsterdam University...
View ArticleHow to write the perfect corporate banking cover letter
Applying for a job as a relationship manager in corporate banking isn’t all about crafting a great CV that shows off your sales statistics. Top biller or not, if you don’t get your cover letter right,...
View ArticleMorning Coffee: Goldman Sachs counters claim that banking is for losers. Rush...
Banking is for sad people who are happy to throw their lives into a hole. So says Jennifer Surane, Bloomberg’s ‘star intern.’ Surane has spoken to various Harvard Business School graduates who suggest...
View ArticleGoldman Sachs counters claim that banking is for losers
Banking is for sad people who are happy to throw their lives into a hole. So says Jennifer Surane, Bloomberg’s ‘star intern.’ Surane has spoken to various Harvard Business School graduates who suggest...
View ArticleAre trading floors full of frustrated entrepreneurs?
Top traders like to carry the air of an athlete – coached to their peak, cajoled into performance and superstitious when it come to winning streaks. If investment banking divisions attract academic...
View ArticleIs Dixit Joshi promoting ex-Barclays colleagues at Deutsche?
Dixit Joshi’s departure from Barclays for Deutsche Bank is now five years old. But the movement of Barclays people to Deutsche, and their ascension to senior positions under Joshi is still pretty...
View Article14 things you must never wear to work in an investment bank, no matter the...
Banks’ attempts at stipulating dress codes for employees have a tendency to fall flat. After the hilarity surrounding Nomura’s attempt at banning ‘gay colour nail polish’ and skirts with a ‘deep slit...
View ArticleBanks are hiring lawyers for junior M&A roles. And that’s bad news
While law is an established route into M&A on Wall Street, in London it’s less common. City banks’ first port of call when they need to hire extra M&A bankers is usually accounting firms:...
View ArticleEsoteric tests unearth Wall Street’s most intelligent
Where will you find Wall Street’s most intelligent? Not at Goldman Sachs. Not at Citigroup. Not at Credit Suisse. Not even at cultish hedge fund Bridgewater Associates. No, you will find them at Pine...
View ArticleMorgan Stanley, Goldman interns describe incredible ‘humility’,...
Internships in investment banks are like summer camps for high-achieving insomniacs. Such is interns’ eagerness to work ridiculously hard that banks like Goldman Sachs have been compelled to introduce...
View ArticleGoldman Sachs hires head of hedge fund sales from Deutsche Bank
Goldman Sachs has taken advantage of the exodus of senior investment bankers from Deutsche Bank by hiring a new head of hedge fund sales. Nohshad Shah, who was previously a managing director and head...
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