How Wall Street is trying to become Silicon Valley
Three hours after New York financiers don a suit and tie and take the subway to work, San Francisco Bay Area venture capitalists throw on a pair of jeans and a button-down before driving to the office....
View ArticleMorning Coffee: Low-key banker retires in high style. Difference between...
If you were you asked to name one of banking’s biggest beneficiaries of the past decade, you probably wouldn’t look to Standard Chartered for your candidate. If so, you’d be missing a trick: Mike Rees,...
View ArticleJ.P. Morgan’s head of inflation trading has left to invest in tech and energy...
If you’re a senior trader in an investment bank these days and have no ambition to work on the buy-side, your options are limited. Moving on from the sector means trying your hand at something new,...
View ArticleThe unsafe places at UBS, BNP Paribas and HSBC
The first quarter is not going well for investment banks. In case there were any doubt of this, you only need to look at the presentation slides accompanying BNP Paribas’ Q1 presentation today: ‘Very...
View ArticleSix ways to cement your relationship with a recruiter
Whether or not you prefer working with a recruiter during your job search, you have to admit that the good ones can open career opportunities that would otherwise be closed to you. So how do you cement...
View ArticleDeutsche Bank discovers how to get paid more at Credit Suisse
If you’ve been put off working for Credit Suisse by last week’s Wall Street Journal revelations of chaos in the fixed income division, or by CEO Tidjane Thiam’s admonition that everyone must stay calm...
View Article“You should have no reason to leave Goldman Sachs”
So, Joshua Bright decided to leave Goldman Sachs because he didn’t want to upset his team by moving internally? Joshua’s career choices are his own, but as someone else who works for GS in London. I’d...
View ArticleThe bureaucrats between you and your new banking job
As a headhunter who’s built a career finding top talent for top banks on both sides of the Atlantic, I know a bit about the cyclicity of investment banking. – The good times don’t last and the bad...
View Article‘Sprinkle bonuses’– the new thing for elite investment banking juniors
Junior bankers are not happy with their bonuses. Despite a 20% increase in salaries over the past year, disappointing bonuses for analysts and associates have caused some disgruntlement. A small...
View ArticleThe best places to network on Wall Street
These are the best places to network with New York City’s bankers, asset managers, hedge funders, private equity mavens and other finance professionals who could help to further your career. Industry...
View ArticleNow Credit Suisse is laying off equities professionals too
The year has turned sour for equities professionals in investment banks. BAML, Citi and Nomura have already laid into their equities businesses. Now we understand that Credit Suisse is doing the same....
View ArticleEx-director at BAML now devoting self entirely to life of Freemasonry
Some people leave banking for fintech. Some leave for venture capital. Some leave for hedge funds. And some, some leave to become…..Freemasons. Such is the case with Karl Debenham. Between November...
View Article70 top banking interview questions and how to answer them
So you want a new banking job? If your CV doesn’t contain any fatal errors and you get invited for an interview, what should you expect? Below we have the most comprehensive list of banking interview...
View ArticleHow to make it to the top in compliance
Even during a gloomy time for many front-office roles, most banks, asset managers and broker-dealers are still hiring compliance professionals to protect their organization from embarrassing and costly...
View ArticleInside Steve Cohen’s Point72 London operation – meet Will Tovey, its new boss
Point72 Asset Management has big plans for its London operation, but right now it’s something of a ghost town. Its plush office in St James’ Square is typical of a Mayfair hedge fund. It has modern art...
View ArticleAnother bank cuts deep into research as Goldman, Credit Suisse hire
Pity the analysts at Haitong Securities, for they have had a horrible time. They arrived at the Chinese bank last May when it bought Espirito Santo’s sinking investment bank. And now, many of them have...
View Article“I was a recruiter for Goldman Sachs. Here’s who they want to hire”
“If you’re thinking of applying to Goldman Sachs, you’re probably anticipating a battle to get hired. You’ve probably read those stories about how the firm only accepts 4% of people. You’ve probably...
View Article9 tips for passing the CFA exams from the man who writes the questions
Everyone knows that it’s not easy to become a Chartered Financial Analyst (CFA) charterholder. Passing the Level I exam is hard enough – 42% of the 51,134 candidates who took the Level I exam in June...
View ArticleWhy 22-year-olds love IBD jobs. And why they don’t
Are investment banking analysts happy? This is a question that plagues banks, forever fearful of losing their juniors to another sector. Pay increases have not resulted in greater satisfaction. Reduced...
View ArticleA ranking of frustrated M&A bankers
M&A bankers are not having an especially good year. It’s only May, and already $1.2bn of revenues that should have been earned on successful M&A deals have been scratched as deals are withdrawn...
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