Six ways to make your application stand out to Wall Street recruiters
It’s a tough job market for finance professionals right now, which means your chances of getting called back by recruiters deluged by resumes are diminished, but there are other reasons why you keep...
View ArticleSenior bankers are leaving Goldman Sachs
Goldman Sachs may be sending out motivational emails to its junior employees as it rolls out deeper-than-usual cuts this year, but this hasn’t stopped people from leaving voluntarily at the senior end....
View ArticleDeutsche Bank just saved some of its highest paid bankers £900k each
Deutsche Bank is supposed to be saving money. Fortunately, it still has enough to keep some of its highest paid current and ex-employees happy. The German bank, together with UBS, has just been found...
View ArticleThe 13 most interesting investment banks on Twitter right now
As a finance professional, you’re unlikely to while away your day on Twitter – banks’ firewalls will prevent this for a start – but if you can spend some time there it’s worth it. An increasing number...
View ArticleThis is how much young hedge fund professionals earn in the U.S.
Have you ever wondered how much early-career-stage hedge fund professionals really make in the U.S.? Well, that depends very much on the type of firm you work for. You may not have realized how wide...
View ArticleWells Fargo is selectively hiring for London fixed income roles, but does it...
Wells Fargo is, in theory, the place to be. Earlier this month, Jamie Dimon said he was watching Wells Fargo closely as it “very aggressively, very actively…very successfully” builds its US investment...
View ArticleHow one man escaped a quant job and became a macro portfolio manager
Once a quant, always a quant. To talk to some of the brightest and mathematical people in global finance, quant jobs can feel a bit like a dead end. “Quants have moved from largely front office jobs to...
View ArticleMorning Coffee: Charmed life of the 29 year-old credit traders. Senior...
There is a sweet spot on credit trading desks right now. To find it, you need to be experienced, but not too experienced. You need to be junior and cheap, without being naïve and under-valued. You need...
View ArticleJ.P. Morgan’s head of healthcare on making it to the top as a woman in...
J.P. Morgan’s head of healthcare investment banking for EMEA, Cathrin Petty, is among a select band of female bankers to make it to a senior front office job, but this is not the most remarkable thing...
View ArticleA chart on RBS that illustrates the problems with banking jobs now
If ‘banking intelligence’ firm Tricumen is right, RBS’s investment bank is far from being the most efficient in the world. It could probably do with cutting a few costs – and indeed, it intends to. In...
View ArticleHow to get into an investment bank from a non-target school
If you didn’t attend a ‘target school’ or university, you will struggle to get a job in an investment bank. This is the message from a newly published thesis from Derek Dedeker, an investment banking...
View ArticleThis is how much you earn working for the ECB
In the words of Barclays’ analysts, the European Central Bank (ECB), is “pulling all the levers.” As of today, it’s cut the refi rate by five basis points to 0%, it’s cut the depo rate by 10 basis...
View ArticleHow to survive when banks are making job cuts
Your firm just made a round of job cuts, but luckily you weren’t one of them. While you’re relieved to still have your job, you feel unsettled. The business is restructuring, and additional staff cuts...
View ArticleMorning Coffee: Ironic ending to alleged nepotism at Goldman Sachs. Mike...
Was Goldman Sachs motivated by nepotism and self-interest when, in 2010, it just happened to hire the daughter of a close ally to the Malaysian prime minister just around the time that Goldman’s...
View Article93% of investment banking staff at Deutsche earn less £100k
So you thought you could work for John Cryan’s Deutsche Bank and become rich in the style of Anshu Jain? Wrong. Deutsche Bank’s annual report for 2015 is out today, and with it comes the bank’s...
View ArticleBluecrest is hiring portfolio managers again
For a moment, we thought hedge fund Bluecrest Capital Management had stopped expanding – it’s shown nine senior ex-banking traders the door so far this year. Now, though, it’s started recruiting again....
View ArticleHow to spin work experience as a waitress for a job at J.P. Morgan
Want to work for J.P. Morgan when you graduate, but only have previous work experience as a waitress? It’s OK. One London student who’s achieved an internship on J.P. Morgan’s structuring desk this...
View ArticleSix pet peeves that drive financial services HR employees up the wall
Every financial services job has its unique sources of stress and frustration, and HR is no exception. While many discount HR as merely the first hurdle of the interview process, if you’re applying to...
View ArticleHere’s how much you’ll earn (net) over a 10, 15, 20, or 25 year banking career
Can you still make money in banking? If Deutsche Bank’s remuneration report is anything to go by, the answer is yes – but only if you’re in the top 6% of earners at your employer. Deutsche Bank’s...
View ArticleHow much do U.S. investment banks really care about Asia?
Remember the aftermath of the financial crisis when US banks were earmarking Asia to help lead their global recoveries? These days – while US banks aren’t axing Asian jobs to the same extent as...
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