“I left banking because I was burned out. Two years later, I’m back”
In 2014, I was fed up with finance. I’d worked in the industry for nine years – seven of them in client-facing roles, and I was exhausted. I was completely burned out and demotivated. As far as I was...
View ArticleEx-traders are reinventing themselves as expert witnesses
If you’ve spent your working life on the trading floor, glued to a Bloomberg terminal, you may not feel especially equipped to do anything else. However, not all ex-traders disappear into obscurity or...
View ArticleMorning Coffee: When $500k a year just isn’t worth it. The riskiest jobs in IBD
When you’re 29 years old, laden with student debt, and facing the prospect of a huge mortgage, $500k (£350k) a year might sound like the sort of money you’d happily work 18 hour days for. And yet, you...
View Article“I left banking to start a fintech firm that failed. This is what I’ve learned”
Four years ago, Paul Reynolds left 26-year investment banking career to start his own fintech firm, Bondcube. By the time the hype around fintech built up to fever pitch last year, Bondcube had 35...
View ArticleSenior traders are swapping out of Deutsche’s rates business
Now that Deutsche Bank has paid its bonuses, a trickle of its rates traders are coming onto the market. This is despite Deutsche’s plan to boost its rates business in 2016 after doubling revenues in...
View ArticleWhy isn’t the Masters in Finance qualification taking off on Wall Street?
The Masters in Finance degree may be replacing the MBA in Europe, but it’s less well-established in the U.S., and Wall Street firms have been reluctant to recruit graduates with these degrees – that...
View ArticleThis is why you can’t find a new finance job now
If you want a brand new job in banking, you have – in theory – many of them to choose from. With bonuses paid, we’re in the prime hiring season. And yet, if you’re on the market, you may be...
View Article“My journey from IBD to CEO of J.P. Morgan’s mortgage bank”
Mike Weinbach was appointed CEO of the mortgage banking division of JPMorgan Chase in December after working at the bank in various roles for more than 12 years. He went from investment banking roles...
View ArticleMorning Coffee: How to beat 45 other people to a J.P. Morgan job. Worst...
So, now we know: more people want to work for J.P. Morgan’s investment bank than for Goldman Sachs’. Jim Cochrane, J.P. Morgan’s global head of recruiting, told the Financial Times that the bank...
View ArticleQuestions to ask the hiring manager to convert your asset management...
It’s a universal signal. When the interviewer asks “Do you have any questions for me?” they’re ready to wrap up. Most candidates simply say, “No, I think we’ve pretty much covered everything,” or...
View ArticleThe most impressive VPs in London
If you’re a believer in the concept of “juniorisation”, then you’ll want to be a vice president (VP) for an investment bank in London. After all, the juniorisation meme goes something like this: banks...
View ArticleThe best universities for getting a job at J.P. Morgan in the U.S., Europe...
You’re up against some stiff competition if you want a job at J.P. Morgan: the bank receives 45 CVs for every job it advertises. It helps, therefore, to study at the universities that JPM likes to hire...
View ArticleFX sales director leaves Credit Suisse
Ivan Dexeus, an FX sales director at Credit Suisse, and lead salesperson for the French speaking countries and Scandinavia, has left the bank. Dexeus departed Credit Suisse last month after working...
View ArticleNine things you need to know about working for systematic macro hedge funds,...
Winton Capital Management, the hedge fund which originated in the UK’s Oxford and now has offices in London, Zurich, Tokyo, Sydney, Shanghai, Hong Kong, New York and San Francisco, has several things...
View ArticleMorning Coffee: Where you’ll find the best bankers in the world. Traditional...
Which city can claim the title of the top financial centre in the world? London or New York? The City versus the City that Never Sleeps? London Wall up against Wall Street? The Union Jack or the Stars...
View ArticleJamie Dimon’s 10 commandments for thriving in an investment bank
Jamie Dimon has issued his annual letter to shareholders. Therein are buried some important nuggets of wisdom for all who would work at J.P. Morgan, despite the considerable competition to get in. 1....
View ArticleHow you should approach your job search if you were a bad leaver
Everyone wants to be a good leaver, but it doesn’t always work out that way. What if you made a mistake or breached protocol and your previous employer considers you a bad leaver? If there’s bad blood...
View ArticleWhy wealth managers need to move from a lone wolf to a team player
Financial advisers have largely seen themselves as solo-businesses within the institutions where they reside. They have their clients to whom they typically charge commission on a fairly traditional...
View ArticleGoldman hired a VP from Deutsche as its juniors quit for private equity
If you’re going to leave an investment bank for a job in private equity this year, now’s the time. With junior bonuses at most banks now paid in January, private equity funds are aware that analysts...
View ArticleAn MBA is better than a CFA if you want to make MD in banking
It’s the perennial debate: should you get an MBA or a CFA if you want to get ahead in banking? An MBA from the sort of top tier school banks like to hire from will cost you a small fortune and mean...
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