Here’s what UBS, Credit Suisse and Deutsche Bank pay on Wall Street
If you’re in banking or trying to position yourself for a job at a bank, you want to know what the heavy hitters of the industry pay on Wall Street. We’ve now compiled salary data for those three banks...
View ArticleWhere the analysts, associates, VPs and directors live in London
London is not a cheap place to live. If you want to live at swanky address in a prime location like Knightsbridge or South Kensington, you can expect to spend £33k+ ($48k) in rent. Junior bankers may...
View ArticleMorning Coffee: Trader who left Credit Suisse aged 40 makes small fortune....
If you’re a Credit Suisse fixed income trader who’s lost your job, you might want to look across to Chris Goekjian for inspiration. A former global head of fixed income trading at Credit Suisse,...
View ArticleRoyal Bank of Scotland is now fast-tracking its investment banking juniors
Royal Bank of Scotland is the latest investment bank to step up efforts to retain its juniors by offering a fast-track promotion from analyst to associate after two, rather than the traditional three,...
View ArticleJefferies is bulking up its London equity research team
Equity research is a precarious profession in the City of London. With the ‘unbundling’ of research costs under MiFID II, clients will soon be charged for research independently of trade execution...
View ArticleEconomics, maths or the arts? The highest paying degree subjects for...
In the happy, meritocratic world of investment banking, success depends not on which degree subject you studied at which university, but on the dedication and skill you demonstrate once you’re through...
View Article“I burned out in management consulting, but it benefited my career in the...
My first few years in management consulting weren’t exactly glamorous, but they were exciting and exposed me to the exact scenarios I’d been dreaming of. Coming out of college, management consulting...
View Article“The CFA Charter was a waste of my time and money”
If you’ve embarked upon the arduous process of studying for the three CFA exams, you’re probably justifying the sacrifice on the basis that it will be good for your career. Don’t. In my experience, the...
View ArticleThe worst entry-level jobs in investment banks?
If you’re lucky enough to land a junior job in an investment bank, you might assume you’re on track for an illustrious future of large pay packets. This might be the case, but you’ll need to make it...
View ArticleHas Goldman Sachs made Salt Lake City the best place to work in the U.S.?
Ever since the early days of the United States, New York has been a beacon attracting ambitious recent graduates and young professionals looking to establish themselves and start a lucrative career on...
View ArticleMorning Coffee: Goldman Sachs IBD analyst details efficient use of Tinder....
If you’re an analyst working in IBD for Goldman Sachs, you probably don’t have a great deal of spare time. What little time you have needs to be used with maximum efficiency. Fortunately, therefore,...
View ArticleYou’ve been given a promotion but no pay rise. Should you accept?
Good news, you’ve been promoted! But there’s a catch. In the immediate pre-crisis period, financial services professionals were given more responsibility but no promotion. The new thing in investment...
View ArticleWhat’s going on in Credit Suisse’s global markets business?
Today is the day in which Credit Suisse whopped out its first quarter results. Needless to say, these are the first results since the Swiss bank divulged $346m of writedowns in late March and announced...
View ArticleJefferies’ head of sales trading joins hedge fund. Ex-Pimco PM becomes...
In case there were any doubt as to the two main career paths when you leave a markets job nowadays, Jefferies’ former head of EMEA sales trading just joined a hedge fund, while a former portfolio...
View Article“Wealth management is changing – this is how you need to adapt”
Wealth management has changed tremendously over the past 10 years. Its evolution is something new entrants should understand as they decide which parts of the wealth management industry they might like...
View ArticleTop quant at Blackrock in San Francisco joins hedge fund Tudor Investments in...
Tudor Investment Corporation is hiring in London again, this time poaching a U.S.-based quant from Blackrock as a portfolio manager on for its Systems Trading Group quant fund. Christian Rolvung, a...
View Article11 phrases that make you sound smart enough to get promoted
Regardless of how your firm did during the first quarter, you should always be thinking about ways to separate yourself from peers to keep your job, if your company is making cuts, and position...
View ArticleHow to handle your securities internship at Goldman Sachs
So, you’ve got a summer internship – or ‘summer analyst’ position at Goldman Sachs? Congratulations. Now you just need to convert your internship into a full time job. And that might be harder than you...
View ArticleMorning Coffee: What you think you know about investment banking is all...
Forget Leicester City (and the other, lesser, Premier League teams whose names I can’t recall), investment banks all want to be top of the league. Being seen has highly-ranked brings in more business...
View ArticleHow an MBA helped me move from a building site to an investment bank
Andrew Yortt spent the first seven years of his career donning a hard hat and working on large-scale construction projects – initially in his native New Zealand and then overseeing the regeneration of...
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