Maybe you should’ve taken that banking job in mid-2014?
Remember summer 2014 in the City of London? It rained a lot. A pound was worth 1.71 dollars. Interest rates were still expected to normalize, the FTSE 100 was nearing 7,000, and finance recruitment...
View ArticleCitadel has poached an MD trader from Goldman Sachs in London
The turnover of senior markets staff at Goldman Sachs continues in London, and hedge fund Citadel is (still) waiting in the wings to capitalize. The hedge fund has a preference for hiring from Goldman...
View ArticleEx-Citi derivatives trader with J.P. Morgan risk job is a warning to all who...
Beware entryist banks which woo you with fancy job titles and promises of an exciting future, but don’t deliver. This appears to be the message behind the career peregrinations of David Le Broussois,...
View ArticleHow to make the cut at Citigroup in the U.S.
Citi’s most recent investment banking analyst class were a select group – just 2.7% of all applicants were hired by the bank in the U.S. The investment bank’s incoming class is composed of...
View ArticleBonuses are shrinking, but who will lose the most?
The difficult business environment for financial services and competition within the industry, as well as market activity, interest rates and ongoing uncertainty in world markets, are likely to drive...
View ArticleMorning Coffee: The only way to quit banking before you’re 35. Infestation at...
Firstly, some caveats: we don’t know exactly who Alice Adams is and we don’t know exactly where Alice Adams worked. Nor do we know whether she has a significant other who supported her in the...
View ArticleThis rapidly expanding fintech firm is hiring from banks, even after Brexit
Fintech start-ups in the UK face a funding shortfall after Brexit, and some are even being enticed across to Berlin, but for Revolut – a currency exchange app set up by former Credit Suisse trader,...
View ArticleExpansionary French bank hired a head of hedge fund sales in London
If you believe Chirantan Barua, equities analyst at Bernstein Research in London, equities businesses are in for a tough time. At key players like UBS, Barua thinks equities revenues will decline by...
View ArticleHow to get fast-tracked as a junior at Morgan Stanley
Fast-tracking junior investment bankers is the new done thing, but Morgan Stanley has stood out as the one large U.S. bank to stick with tradition. This, however, is a misconception. In fact, Morgan...
View ArticlePay is plummeting at KKR, Blackstone, Carlyle. Some charts
Private equity funds are supposed to be the panacea to every junior investment banker’s every problem. The work in private equity is supposed to be more interesting than in banking. The prestige is...
View ArticleForget Brexit, will Basel IV kill your banking job?
Who cares about Brexit? If the omniscient CFO of Deutsche Bank is to be trusted, it’s Basel IV you should be worrying about now. While Brexit was dismissed as giving Deutsche, “something of a...
View ArticleFidelity’s first-rate training and resources help associates achieve career...
Fidelity Investments actively recruits talented college graduates and career changers from other industries for financial associate roles at its regional call centers where they provide customer...
View ArticleMorning Coffee: The amazing forgotten Barclays recruitment video. Deutsche’s...
UBS has made a promotional video. Apparently it looks like Reservoir Dogs, but it also looks like middle aged men walking very slowly with transfixed smiles before talking earnestly about integrity...
View ArticleThe head of UK rates sales just left Goldman Sachs
Another senior fixed income salespeople has quietly disappeared from Goldman Sachs. This time, it’s Roop Bhullar, who was the MD in charge of UK rates sales until last week. Goldman didn’t comment on...
View ArticleThe top universities for the 2016 analyst class at Deutsche Bank, Credit...
European investment banks may be losing out to their U.S. rivals on both their home turf and state-side, but this doesn’t mean that they’re willing to crack open the door to prospective new recruits...
View ArticleBrexit could boost bonuses at U.S. banks in London
2016 bonuses will not be the best. Wall Street compensation consultant Alan Johnson is already predicting declines of 5% to 25% depending upon the sector you work in. In the City of London, the outlook...
View ArticleAndrea Orcel suggests bracelets still a thing for male bankers
Remember the male bracelet trend of 2014? The Shamballa jewellery surge among hedge fund managers spending £2k ($2.6k) on wrist trinkets? It’s still a thing at UBS. Orcel’s plain silver bracelet, along...
View ArticleHow to nail a wealth management interview to get hired as a financial adviser
Few careers offer the opportunity to make big money without the drawback of years of study and massive college debt. Becoming a financial adviser at a wirehouse is one of those exceptions. Do the job...
View ArticleThe Master in Finance that lets you fit your study around your job
Ben Harrington-Lowe, an Associate Director at Macquarie Group in London, knew he wanted a Master’s degree that would enhance his finance skills and make him a better manager. There was a problem,...
View ArticleMorning Coffee: Fancy working alongside an 86-year-old hedge fund guru? Where...
Who said there were no big opportunities in the financial sector right now? George Soros is looking for his seventh chief investment officer of the new millennium. Ted Burdick, who had been in the role...
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