Advice for students panicking about banking careers post-Brexit
You’ve spent years working towards your first job in an investment bank. You’ve beaten tens of thousands of other students to an internship. And now, this. What next? If you listen to the doomsters,...
View ArticlePity the ex-Lehman bankers at Barclays, battered twice over
Brexit has been cruel to everyone who owns stock in a British bank, but to no one nowhere has it been more cruel than to the ex-Lehman Brothers bankers working for Barclays in the U.S. Since the result...
View Article“I no longer feel welcome here”: Asian finance students worried about working...
Asian finance students in the UK say the fallout from the Brexit vote will make it much more difficult for them to get banking jobs in London when they graduate. They also say the anti-immigrant...
View ArticleMorning Coffee: Bank’s Brexit layoffs begin, and they’re not all in London....
It has begun. A bank has made some layoffs and implied that those layoffs might have something to do with Britain voting to leave the European Union. That bank is UBS. Andrea Orcel, chief executive of...
View ArticleActually, most London bankers would prefer to work in….Amsterdam
UK-based investment bankers don’t want to work in Frankfurt. If finance professionals are forced to move out of London in the wake of Brexit, there’s one clear favourite choice – Amsterdam. Investment...
View ArticleMorgan Stanley’s 2 charts explaining why Brexit isn’t Lehman
For all the worrisome statements by senior bankers suggesting the UK’s vote is worse than Lehman, it’s not. There hasn’t been a systemic meltdown. Barclays’ has ‘stood down’ its crisis leadership...
View ArticleJefferies just hired a load more people in equities
If you ask London finance recruiters about the general state of the post-Brexit job market, they’ll all say pretty much the same thing: existing vacancies aren’t being pulled, it’s pretty much business...
View ArticleHere’s how much Britain is paying its saviour from Goldman Sachs now
Mark Carney may not be popular with the likes of Nigel Farage, but in a country somewhat lacking in leadership, he has at least been out and about offering messages of reassurance to the markets. For...
View ArticleHow to get a graduate job at J.P. Morgan in the U.S.
Graduate recruitment at J.P. Morgan in the U.S. is changing. It’s targeting students on Snapchat, interviewing them virtually and using as much social media as possible to reach a broad range of...
View ArticleThe optimist’s guide to Brexit: 7 reasons why it may not be so bad for...
The dust is settling. Nearly a week has passed since the sky fell in and some people in the City of London are poking their heads out their bunkers, only to find that – the sun is still out, sort of....
View ArticleHow Brexit will impact financial services hiring on Wall Street
The UK’s unexpected vote to exit the European Union has made Brexit a household word. Even those who had not paid attention to the vote were affected by it, as most of the stock markets around the...
View ArticleMorning Coffee: Wall Street cuts after German bank relocates jobs to...
A German bank is cutting jobs on Wall Street. No, it’s not Deutsche Bank: it’s Commerzbank. The Wall Street Journal reports that Commerzbank is, ‘cutting more than 100 investment banking-related jobs...
View ArticleJ.P. Morgan’s head of EMEA TMT has moved to Germany for a CFO role
If you’re looking for an example of senior bankers moving from the UK to Germany, Markus Boser – who until earlier this year was head of technology media and telecommunications investment banking for...
View ArticleCitigroup just boosted its Frankfurt equity sales team
With London still reeling from the shock of last week’s referendum, all eyes are on whether banks will transfer jobs to mainland Europe. For the foreseeable future, the answer seems to be no – but this...
View ArticleInside the hottest post-Brexit job in the City
Across the City, holed up in ‘war rooms’, senior executives in banks and fund managers are working out how to deal with Brexit. Most had contingency plans before the vote, but they were theoretical at...
View ArticleSelling Frankfurt: “In an area the size of London you have 50 beautiful...
If you’re fed up with commuting in and out of London in carriages that are so full it’s like travelling cattle class, try Frankfurt. If you’re fed up with spending a large chunk of your income on...
View Article11 ways to get a banking job in Asia post-Brexit
As banks in London and Europe grapple with the fallout from Brexit, Hong Kong and Singapore are suddenly looking like more attractive locations to work in. But while headhunters in the two cities are...
View Article“Private equity will benefit from Brexit, here’s why”
The UK’s vote to leave the EU has not been well-received in the City of London. Investment banking deals are likely to slow down, trading and operations jobs could be on the way to Frankfurt, Dublin or...
View Article$800m wiped off 2015 bonuses at Deutsche, Barclays, UBS, CS last week
If you’re an upscale builder, gardener, restaurant owner, psychotherapist or purveyor of fine wines and your customer-base has suddenly gone AWOL, we may know why: following the Brexit vote, bankers...
View ArticleAnother ex-Goldman MD starts a hedge fund
Karim Bennani, who formerly headed up Goldman Sachs’ Advanced Investment Strategies, has just received the go-ahead from the UK regulator to launch his own hedge fund. Quantum Investing is a...
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