Clik here to view.
Expat bankers want to leave ‘aggressive, unhealthy’ Hong Kong for Singapore
Senior Western expats are tiring of Hong Kong’s pollution and spiralling property prices and are setting their sights – albeit not always successfully – on moving to Singapore. But Hong Kong remains...
View ArticleClik here to view.
Morning Coffee: How to earn £9k ($13k) an hour at Goldman Sachs. Uproar at...
Who earns the really big money on a hourly basis at Goldman Sachs? Regulated staff working for the bank in London earn an average of $2.3m a year, which – by our reckoning, works out at about £700...
View ArticleClik here to view.
Moore Capital hires senior portfolio manager from J.P. Morgan’s Chief...
A senior member of J.P. Morgan’s Chief Investment Office has left after eight years at the firm to join hedge fund Moore Capital. Panagiotis Vlachopoulos, who was a senior portfolio manager at J.P....
View ArticleClik here to view.
Actually, only 28% of City of London key staff come from the EU
Leaving the EU could be a disaster for the City of London. This is certainly the opinion of Goldman Sachs, which has long threatened to shift people out of the City in the event of Brexit, and which...
View ArticleClik here to view.
3 questions to ask in contemporary banking interviews, from analysts at...
You’re interviewing for a job at an investment bank. What should you ask at the end of the interview when you’re invited to impress with your knowledge of the markets? A new note from the European...
View ArticleClik here to view.
Any fixed income traders leaving Goldman Sachs might want to join J.P. Morgan
Surprise! Goldman Sachs is making layoffs in fixed income. The Wall Street Journal reports that the U.S. bank is preparing to cut 10% of its 2,500 fixed income traders and salespeople. This is twice as...
View ArticleClik here to view.
GSElevator: Alternative routes to getting a job on Wall Street
A few weeks ago, I explained why I feel that, despite increased regulatory scrutiny and a less obvious path to personal fortune, Wall Street is still a great place to begin a career. Now for the hard...
View ArticleClik here to view.
Morning Coffee: Bonus meltdown at Goldman Sachs. Trader finds new banking job...
It couldn’t have come at a worse time for Goldman Sachs employees. For Goldman Sachs itself, however, it might provide the perfect cover for paring performance-related pay to the bone. Late yesterday,...
View ArticleClik here to view.
Why 2016 could be a disastrous year all round in banking
If you’re hoping to find a new front office banking job in 2016, you might want to avert your eyes from the charts below. Produced by the European banking analysis team at Sanford Bernstein, they...
View ArticleClik here to view.
Who’s winning in equities: Citi or J.P.Morgan?
Behemoths as they may be in other areas of investment banking, both Citigroup and J.P. Morgan are both playing catch up with their rivals in equities trading. Citi has been making some senior hires for...
View ArticleClik here to view.
The best paying accounting jobs in the U.S.
Accountants are in demand in the U.S., whether that’s in financial services or the public and corporate sectors, and most companies are having to dig deep to get the right people on board. In fact, 54%...
View ArticleClik here to view.
Morning Coffee: The upside to Credit Suisse’s harsh pre-bonus redundancies....
Credit Suisse is due to disclose its fourth quarter results on February 4th 2016. Sometime on or slightly before that date, the Swiss bank will announce the bonuses it’s paying investment banking staff...
View ArticleClik here to view.
Biggest banking bonuses 28 times more than consulting. The best paying...
If you’re tossing up between embarking on a consulting career or going into investment banking, as many graduates do, it’s worth noting one thing – you’ll be paid a lot more in banking. It’s all in the...
View ArticleClik here to view.
Investment banks have now started cutting graduate recruitment targets
Investment banks in London scaled back their graduate recruitment targets for 2016, after a difficult final quarter last year that has led to big job cuts at most firms. Big investment banks including...
View ArticleClik here to view.
Guy Hands, ex-punk, has this to say about your life and career
Guy Hands, CEO of private equity fund Terra Firma, was once a punk – or, at least, Guy Hands liked punk music. “From the late 1970s, my favourite music was punk,” Hands told students at the annual...
View ArticleClik here to view.
Wealth management compensation: What U.S. financial advisers get paid
The pay of financial advisers in the U.S. – the wealth management professionals previously known as stockbrokers – is not straightforward. Instead, it’s a complex network of bonuses and salaries,...
View ArticleClik here to view.
Why an MBA won’t get you the banking job you want. And what you can do about...
Do you aspire to a job in an investment bank in order to recoup the tens of thousands you’ve spent on your MBA? Before you hit “submit” on your application, here are a few things you should bear in...
View ArticleClik here to view.
Morning Coffee: No, junior bankers are not happy with their bonuses. Goldman...
The Financial Times says a spirit of caring, sharing and self-sacrifice is afoot in the corner offices of investment banks. Alert to the fact that they’ll have to wait years before packages vest...
View ArticleClik here to view.
Point 72 is hiring up to 70 people for its new London office, and taking on...
Point72, the $11bn family office that was formerly Steve Cohen’s hedge fund SAC Capital, is back in London and it’s hiring. It plans to add at least 15 people over the course of 2016, but it will...
View ArticleClik here to view.
12 reasons you can’t break into the buy-side
If you work in an investment bank (‘the sell-side’), chances are you’d like to work for a private equity fund or hedge fund (‘the buy-side’). The chances also are that you’re getting nowhere fast....
View Article