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A helpful guide to U.S. investment banks in Germany
Frankfurt is the leading contender to benefit should banks decide to move jobs out of London after the UK’s Brexit vote. Being the first mover is a big advantage, but supposedly large U.S. investment...
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“If I act like a man, I’m seen as whiny.” Women’s image problem in investment...
Women working in investment banking or management consulting are facing an image problem. Acting like a man in a male-dominated industry doesn’t work, but displaying typically feminine qualities is...
View ArticleMorning Coffee: The huge hedge fund and the crying woman video. Brexit...
Imagine it’s your first day in a new job at the world’s biggest hedge fund. You’re given a security pass and a brief tour by an HR employee who ushers you into a meeting room and rolls out a...
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Credit Suisse has cut 1,200 London jobs, but investment banking headcount is...
Remember those 1,800 jobs earmarked to leave Credit Suisse’s London operation? Well, they’re largely gone – around 1,250 UK employees have departed over the course of this year, but headcount in its...
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Former restaurateur leaves Brexit-backing hedge fund for small advisory firm
Christopher Bodker has left his role running a property fund at Toscafund Asset Management to join boutique advisory firm Blizzard Partners. Bodkar, a former SG Warburg investment banker who retired...
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Algo developers now accountable if their trading strategies go awry
Just as traders in investment banks need to know how to code, those developing trading algorithms need to understand the securities industry and must pass a new exam to show their competence. And, if...
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Everything you’ve ever wanted to know about a Goldman Sachs superday
The good news is that if you’ve received an invitation to a Goldman Sachs superday, then you’ve made it a significant amount of the way through the process, as it’s the final stage of recruitment for...
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Morning Coffee: The best of times, the worst of times in banking. A hedge...
As if bankers didn’t have enough to worry about with the fallout from the Brexit referendum, both major parties in the U.S. are attempting to drum up populist support by advocating for bringing back...
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Seven things you need to know about UBS’s investment bank now
UBS’s investment bank has been a trailblazer in investment banking shrinkage and this has been reflected in its second quarter results. Its pre-tax profits were down 48% year on year, to CHF284m, and...
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Barclays’ Q2 results raise a huge question for its investment bank
Barclays’ second quarter results are out. If you work there, or aspire to work there, there are a few things that you need to know – as illustrated in the charts below. However, falling pay, falling...
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Morgan Stanley MD moves from London to Hong Kong for CIO role
Call it a shrewd pre-Brexit career move, but Simon Holden, a managing director and senior technologist at Morgan Stanley in London, has moved across to Asia to lead the bank’s IT. Holden is now chief...
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How Brexit has affected hedge fund hiring in the U.S.
There will always be demand for talent, and the U.S. is the largest market in the world. Given the uncertainty in England and across the European continent, it’s not surprising that financial services...
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Brexit: What Barclays, UBS, Deutsche & Credit Suisse said, and what they meant
HSBC, RBS and SocGen aside, most of Europe’s big banks have now reported their second quarter results. In doing so, they’ve discussed the likely implications for their London-based operations....
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Morning Coffee: Does this make Barclays worse than RBS? Man who called...
When they came out last week, Barclays’ second quarter results for its investment bank were ok, but not great. Equities trading was bad and macro trading wasn’t all that special, and profits at...
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6 kinds of banker who expect to thrive post-Brexit (and why)
If you’re trying to build a career in the City of London now, you might be inclined to feel pessimistic about Brexit. If so, you certainly won’t be alone. However, London finance professionals are not...
View ArticleMeet the Goldman Sachs 2016 London analyst class
What does it take to make it through the door at Goldman Sachs and stand out from the 250,000 people vying to get in? Well, the right university certainly helps, but you must also have a relative...
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RBC telecoms analysts move on to Goldman Sachs and Exane
Equity research analysts appear to be some of the most active movers in the City right now. While most investment bankers sit tight after the Brexit vote, MiFID II pressures at large firms are...
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A guide to the safest banks and divisions to work for in 2016
2016 has not been gentle to investment banks. The first quarter was tough and the second quarter – with the exception of some U.S. banks’ fixed income divisions, was tougher. Almost every bank has a...
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Millennials on Wall Street have been turned off London after Brexit
Millennial Wall Street professionals are divided over whether working in London is a good bet after the EU referendum vote. The majority would still move to the City for the right opportunity, but it’s...
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Morning Coffee: Jamie Dimon’s worrying Brexit comment. Dark pronouncements of...
Jamie Dimon has been chatting to CNBC. He discussed the importance of family and how much he loves his job, but he also touched upon Brexit and not in a good way. The trouble with Brexit, explained...
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