Where will you get paid the most in compliance?
If you work in compliance your services are sought after across all major financial centres. Recruitment is happening on a large scale – HSBC alone hired 2,200 compliance staff globally just in the...
View ArticleSenior bankers disclose secret sadness. Two industries that pay more than...
Money makes you happy. Right? Yes, according to a recent report from the UK Office of National Statistics, which found that greater wealth was generally equated with greater well being. And yet senior...
View ArticleSix exciting new finance firms that could hire you
If you’re on the hunt for finance job, it helps to know of some new firms that have launched relatively under-the-radar. Over the past month, these are some of the most interesting new hedge funds and...
View ArticleHow to earn a million in banking
It is the perennial question. Will banking make you rich? Or will it just make you overworked and sad? If banking will make you rich, is it worth it? And what is the best method of putting yourself in...
View ArticleHave this year’s analysts joined investment banks at a bad time?
Three months into the 2015 analyst class and things are looking a little uncertain. Following the volatility in China over August, J.P. Morgan banking analysts are suddenly predicting that revenues...
View ArticleHow to exit J.P. Morgan in your mid-30s with style. Why you don’t want to...
There are several important life events which interfere with your ability to extricate yourself from a banking career. The first is the achievement of a large mortgage. The second is the acquisition of...
View ArticleWhich banking jobs are safe and which banking jobs aren’t for the rest of 2015?
Investment banks have started trimming headcount again. Some, such as Standard Chartered and (probably) Deutsche Bank, are making wholesale changes. This is unfortunate, since it follows one of the...
View ArticleWhy banks reject you when you apply direct
It’s normal to be rejected by an investment bank. Goldman Sachs famously rejects 96% of the people who want junior jobs there. Morgan Stanley rejects 98% of those who fancy spending their summer at its...
View ArticleWhere to work as a trader if you want to avoid the robots
Robots are coming for traders’ jobs, ‘Electronification’ is pushing into all corners of the market and human beings are being rendered either obsolete or relegated to roles as technicians or stewards...
View ArticleHow to beat investment banks’ psychometric tests
Investment banks have opened up their graduate programmes to applications. This means it’s time to perfect your CV, understand what it takes to get through the application form and highlight...
View ArticleRemember when IBD analysts at Citi requested subsidized underwear?
This year’s investment banking analysts are finding their feet in an environment which may be turning increasingly hostile. However, they are at least benefiting from big banks’ concerted efforts to...
View ArticleHow much does private equity pay in China?
There are no shortage of reports on pay at investment banks in China. Pay at private equity (PE) firms in China is a different matter, however. – China’s PE industry is young and information is hard to...
View ArticleWhat 50-something bankers actually do all day. How to dress to avoid the chop...
You’re a 55-year-old M&A banker with a phone full of CEOs and an impressively low golf handicap. You’ve orchestrated some transformative M&A deals and once received a $15m bonus. You are a...
View ArticleGoldman Sachs interview questions, the definitive list
You’ve landed an interview with Goldman Sachs. Well done: you’re in a serious minority. What should you expect? Goldman Sachs has a reputation for interviewing people until it hurts, so if they like...
View ArticleAre these the best investment banks to work for on Wall Street?
If you’re working for an investment bank on Wall Street it helps to know what your peers think of your employer. Working for the most sought-after bank on the street can only enhance your career...
View ArticleFintech pay, myths and realities
If you’re leaving financial services to work in a financial services technology (‘Fintech’) start-up, you’re probably not expecting to get rich right away. – You’re probably expecting to ‘follow your...
View ArticleThe art of avoiding apologising, even when you say sorry
The recent slump of China’s stock market has caught out a lot of fund managers, leading to some soul-searching and apologies from some of the most prominent money managers in the country. Among them is...
View ArticleThe most vigorous 27 year-old trader at Morgan Stanley. Worst paid job in...
There are fit and healthy 27 year-old traders. And there are ultra-marathon runners who run into the office at 6am wearing a 26 pound backpack. Sergey Ionov is one of the latter. We’ve reported on the...
View ArticleThe real reasons people love and hate working for Goldman Sachs, J.P. Morgan...
As we reported yesterday, a new guide to the best Wall Street banks to work for has been released by Vault. Blackstone comes out top, even though – as has been pointed out – it’s actually spinning out...
View ArticleThis is what happened to the last people who went to work for Edward Eisler
American-born Edward Eisler is hot. He is one of the smartest people you’ll ever meet, according to those who’ve met him. He retired from Goldman Sachs aged 42 and describes himself as an investor and...
View Article