The small bank picking up investment bankers from larger competitors
Berenberg, the small German bank with 1,300 employees worldwide, has big plans for its London operation. While most bulge bracket banks are scaling back, it’s building its investment bank in...
View ArticleWhat the senior women wear at Goldman Sachs
Like most investment banks, Goldman Sachs has got a women problem. Last time the firm promoted people to managing director, in November, just 25% of its new MD class were female. Last time the firm...
View ArticleMorning Coffee: Credit Suisse, UBS, Barclays all hiring bankers aged 47+....
If you work in an investment bank, you might be of the opinion that your career will be over at 40, or 45, or 50. If you work in M&A, events this week have proven you wrong. European banks on Wall...
View ArticleThis is what it’s really like starting out at a hedge fund
You have to pay your dues when you enter any industry, but starting out at a hedge fund has the reputation for being more difficult than the early stages of most jobs. Some hedge fund managers take a...
View ArticleHow much will your role really pay in 2020?
Are you overpaid? What’s the likelihood that the level of pay associated with your particular finance job will rise in the next four years? Or is the decline endemic? Based upon a) history, b) informed...
View ArticleChris Yoshida, ex-head of rates sales at Deutsche, found a new job already
It’s a sweaty sort of a time to be a senior fixed income salesperson in an investment bank. Goldman Sachs has been retiring various of its senior fixed income salespeople and quietly parting company...
View ArticleLife after trading redux: How to leave investment banking, but stay in finance
Matt Starr lost his job as a managing director on the emerging markets team at J.P. Morgan after nearly 15 years at the bank in 2014, but his first thought was not to get another job – it was to pursue...
View ArticleIf you want to earn a million in European finance, work in investment banking...
Earning seven figures in financial services remains a relatively rare event. Of the 2.8m people employed in the sector across Europe, only 3,865 of them earned over €1m, according to new figures...
View ArticleEverything’s big in Texas: including Goldman Sachs
Goldman Sachs has been expanding the number of its employees at locations other than New York and San Francisco for some time now. While the primary motivation is to cut costs, its offices in Texas are...
View ArticleCompliance and control professionals in London are seriously underpaid
Today’s report from the European Banking Authority (EBA) offers a startling revelation alongside the not-so-startling figures showing that the largest number of finance professionals earning €1m in...
View ArticleMike Pringle, former head of equities at Citigroup, has left Moore Capital
Mike Pringle, the former global head of equities at Citigroup who joined Moore Capital Management in 2014, appears to have left the hedge fund. Pringle departed earlier this month, according to filings...
View ArticleWhat are your chances of getting a graduate job in a European investment bank...
Investment banks are focusing on juniorisation, but the graduate pipeline has not been spared from cuts. While more graduates are still expected to be hired this year than in 2015, recruitment targets...
View ArticleBarclays’ diminutive analyst bonuses said to trigger resignations
It’s not just senior staff at Barclays’ investment bank who’ve had their bonuses paid at a different time this year. Recruiters in London say the British bank also switched its analysts to a different...
View ArticleDeutsche Bank’s John Cryan to benefit from ‘personal branding guru’
As Deutsche Bank progresses with the implementation of ‘Strategy 2020′ under CEO John Cryan, it’s doing more than hiking salaries and cutting headcount in the back office. The German firm has also...
View ArticleMorning Coffee: One ex-JPMorgan banker earns 2X Jamie Dimon; Deutsche Bank’s...
If you earned almost twice as much as JPMorgan Chase CEO Jamie Dimon last year, then it’s safe to say you’re doing very well for yourself and you’re essentially made of money. Not many people can say...
View ArticleThe small e-trading firm hiring traders from big investment banks
If you work in sales and trading within a large, currently shaky, institution, the chances of finding another opportunity are relatively slim. Assuming you want to be able to indulge in proprietary...
View ArticleWhy I switched out of M&A into fintech at J.P. Morgan
When I started my career as an investment banker at J.P. Morgan, it was months before the collapse of Lehman Brothers and height of the financial crisis. The already competitive sector to break into...
View ArticleThe best career advice from senior investment bankers, hedge funds and...
We’ve spoken to various senior financial services professionals over the past few months, who have all offered their fair share of advice for those lower down the ranks. Below are the best pieces of...
View ArticleThis is who Steve Cohen’s Point72 is hiring in London now
Point72, the-hedge fund-come-family-office formerly known as SAC Global investors that now manages the vast wealth of founder Steve Cohen, is building its London office. It hasn’t been fielding...
View ArticleThe absolutely definitive guide to top tier investment banks by sector
Never has it been more important to work for a top tier investment bank. Analysts at Oliver Wyman and Morgan Stanley point out that margins are much higher for market leaders in particular sectors and...
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