Ex-Credit Suisse macro trader just joined Point72 in London
Credit Suisse’s former fixed income professionals continue to find new homes, and Steve Cohen’s family office continues to hire. In a confluence of the two trends, Point72 Asset Management recently...
View Article14 interview questions which all accountants must know the answers to
So you’ve landed an interview for a coveted position, and you really want to nail it and separate yourself from the other accountants, auditors or finance specialists applying for the job. Here are the...
View ArticleA European investment bank said to be hiring 30 equities professionals on...
Equities sales and trading professionals are no longer the darlings of investment banks’ markets businesses. If banking analysts are correct, equities divisions are in for a tough 2016. This isn’t...
View ArticleMorning Coffee: Sales trader with phenomenal worth ethic dies aged 51....
You might think you’re devoted to your work, but Kevin Swain – a former partner and institutional sales trader at BTIG LLC in New Jersey – would almost certainly have put you to shame. Bloomberg...
View Article10 best Masters in Finance courses for careers in trading
If you’re studying a Masters in Finance or MSc in finance, what will you do when it finishes? Having spent big money on the qualification, will you get a big job in the front office of an investment...
View ArticleJ.P. Morgan, Goldman Sachs have ALL the good jobs in London
U.S. investment banks are in for a period of serious strategic upheaval if the UK votes to leave the European Union. It’s not just that up to 20% of their current UK staff are EU nationals, it’s that...
View ArticleThe new exam you’ll soon need to take to sell securities on Wall Street
In early 2015, the Financial Industry Regulatory Authority (Finra), the largest U.S. securities regulator, published a concept release detailing a proposed restructuring to the securities qualification...
View ArticleEx-Goldman Sachs summer analyst is YouTube sensation
As summer analysts start to arrive at investment banks for a summer of hard, hard work and intense competition for a likely diminished number of jobs, some may wonder whether there isn’t an easier...
View ArticleWant to escape M&A for private equity? You may be too late
Microsoft agreeing to acquire LinkedIn notwithstanding, year-to-date US mergers-and-acquisitions deals are down 18% by value year-on-year, according to Dealogic. That, combined with the fact that many...
View ArticleMorning Coffee: J.P. Morgan says everything you expected in 2016 is wrong....
Not long ago, investment banking divisions (IBD) were thriving and markets divisions were not. Things have changed. M&A deals are lower than expected, and suddenly markets businesses are...
View ArticleWhen voluntary redundancy makes sense
It’s a rare bank indeed that’s not detaching staff in 2016. At Credit Suisse, which is cutting 30% of employees in London, people say it’s a question of seeing who’s gone on a daily basis. At Goldman...
View Article11 telltale signs that you’re about to be laid off
It’s always better to start looking for a new job while you still have one. But if you’re happy in your role and happy with your employer and happy with life in general, it makes little sense to bust a...
View ArticleBrexit will batter Barclays’ investment bank, warns analyst
Is Barclays’ investment bank in danger of serious upheaval if Britain leaves the European Union? Chirantan Barua, banking analyst at Bernstein Research, thinks so. In the event of a Brexit, Barua...
View ArticleEx-Deutsche trader quits Brevan Howard as rivals hire from J.P. Morgan
Brevan Howard is having a hard time. Following reports of $1.4bn in redemption requests in April, it’s said to be preparing for a scenario in which funds under management fall by up to 40%. Ben Melkman...
View ArticleSix things you need to know about investment banks’ training programmes
Hundreds of new investment banking analysts around the world are set to start their careers in the next few months. They’ve beaten thousands of other applicants to a coveted front office job, but now...
View ArticleMeet the project managers now earning 20% more than their peers
Project management pay at US-based financial institutions is on the up and up – and one group of project managers is out-earning their peers. The median salary of project management professionals in...
View ArticleMorning Coffee: “It’s the biggest planned risk event anyone can remember.” 38...
One week to go. – On Thursday June 24th, traders in the City of London – and globally – could find themselves at the eye of a maelstrom the likes of which haven’t been seen for 24 years. Exhilarated...
View ArticleCredit Suisse’s Gaël de Boissard embarks upon strange new career
Remember Gaël de Boissard? – The ex-co-head of Credit Suisse’s investment bank in EMEA whose wife has her own hair care range? Since De Boissard left Credit Suisse last December, all that we’d heard of...
View ArticleFresh from cutting in equities, bank cuts top people in fixed income
As we reported last month, Chinese bank Haitong Securities has been cutting headcount in London. Back then, it was cutting in equities. Now, it seems to have turned its attention to fixed income....
View ArticleI was one of the only junior bankers to survive redundancy. Here’s how
Everyone who enters the world of investment banking goes in with their eyes wide open, but watching entire teams trudge off to the pub at 9.30 in the morning after a brief meeting with HR was still...
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