Which banking jobs offer you the fastest route to Managing Director (and the...
So you want to be a managing director in an investment bank? You might not want to work in compliance or in technology. We looked at the CVs uploaded to the eFinancialCareers CV database over the past...
View ArticleThe best (and worst) ways to sign off a work email
While the content of your automated email signature is certainly nothing to lose sleep over, it does convey something about you, whether you recognize it or not. Perhaps the most important aspect is...
View ArticleMorning Coffee: Credit Suisse bonus pain horribly compounded. Senior bankers’...
Just when it seemed that bonuses couldn’t get much more insipid for Credit Suisses’s salespeople and traders, a whole new source of enfeeblement has appeared. When Credit Suisse CEO Tidjane Thiam...
View ArticleBNP Paribas’s good news for fixed income traders (and compliance staff, and...
BNP Paribas’s history as a fixed income trading house is ‘mixed’. As a reminder, the French bank embarked on a big fixed income hiring spree in 2010, which was still going three years’ later despite...
View Article200 London bankers say their bonuses DOUBLED last year
Did your bonus double last year? Oh. BAD LUCK, because 200 bankers in London says theirs did. Such are the (amended) results to the latest bonus temperature-taking by pay benchmarking firm...
View Article5 reasons for Barclays’ ex-Lehman bankers to go it alone
Bernstein banking analyst Chirantan Barua has a history of calling it for Barclays. In April 2014, he suggested 30% of staff at Barclays’ investment bank needed to be made redundant, something which...
View ArticleThe only finance job that lets you work remotely
If you’re a senior banker in M&A, it might feel a bit like you’re never in the office and that you lead the peripatetic life of a louche itinerant in business class lounges. Maybe you do. But this...
View ArticleThe top 10 companies finance professionals want to work for
More financial services professionals want to work for Goldman Sachs than any other organisation, according to the 2016 eFinancialCareers ‘Ideal Employer’ rankings. In a survey of over 6,500 financial...
View ArticleMorning Coffee: J.P. Morgan’s new way of keeping juniors happy. Bridgewater...
Keeping 20-something employees contented is a thing. Goldman Sachs upped the ante late last year with its accelerated promotions for analysts in its investment bank. Now J.P. Morgan has thrown down a...
View ArticleSenior London credit trader demonstrates art of switching jobs in this market
Now’s not a good time to work in credit trading. After a dreadful 2015, most banks aren’t hiring. Nor are hedge funds. If anything, both are firing – BlueCrest reportedly just let go of both Daniel...
View ArticleLondon banks have started letting go of juniors in IBD
It has begun. After years in which junior investment bankers were as hot as jalapeño peppers, the market has turned. Investment banking division (IBD) recruiters in London say analysts and associates...
View Article9 things every junior investment banker needs to know about working in...
Junior investment bankers don’t go into the industry for the glory. Those days are behind us and most are posing existential queries about life, career and purpose now more than ever. A typical...
View ArticleThe worst job interview questions Wall Street hiring managers ask – and how...
Financial services firms’ hiring managers aren’t perfect. Even the ones with the most experience conducting interviews will occasionally ask a question that is just plain bad, whether it be deceptive,...
View ArticleSo you think you know how to use a Bloomberg terminal? Take this test
It’s a measure of the importance of Bloomberg trading terminals, that when they went down in April 2015, the market was thrown into a panic. “Bloomberg being down has finally made me understand how...
View ArticleMorning Coffee: The other disaster unfolding at Deutsche Bank. 35 year-old...
Simon Adamson, banking analyst and CEO at independent research firm Creditsights, has a lot to answer for. Adamson, who perversely was once head of European credit research at Deutsche Bank, issued a...
View ArticleGood and not-so-good excuses to get out of work for a job interview
It’s one of the only situations in life where the correct thing to do may be to tell a white lie. Unless the hiring company is willing to meet with you off the clock, you’ll likely need to spin a tale...
View ArticleWhen finance recruiters ignore you, and what you can do about it
Depending upon where you work, 2016 has the potential to be a difficult year. If you work in M&A for Goldman Sachs, you’re probably sitting pretty. If you work in high yield trading for Credit...
View ArticleGoldman Sachs is filling up on cheap 20-something staff, moving away from 30...
You don’t have to be in your fourth decade to make managing director (MD) at Goldman Sachs, but it helps. The bank promoted a 28 year-old to MD last November, although research suggests it takes an...
View ArticleWhy you want to get out of banking and into a family office
So, you want to work your way up in banking? Remember this: a banker is a middleman. A banker benefits when the parties he or she purposely sandwiches himself between decide to do business. Think of...
View ArticleWhy European banks exiting U.S. wealth management matters
Three European banks with a wealth management division have called it quits here in the United States, the largest wealth management market in the world. This could have implications for the careers of...
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