Transforming Wall Street: Calypso’s Bank-in-a-Box streamlines capital markets...
When creating a new technology product, the team usually has to develop a roadmap and decide what features to include. When Alex Goldvug was kicking off Calypso’s Bank-in-a-Box product, the challenge...
View ArticleMorning Coffee: This may be the end of Deutsche Bank as you know it. The...
Deutsche Bank is not what it was. It’s not just the 30 year low in the share price. It’s not just the new market cap way (way) below organizations that would once have been considered its inferior. Nor...
View ArticleCredit Suisse’s chart explaining why 25 year-olds are a false economy
Credit Suisse is busy cutting costs. The Swiss bank is embarking upon a whole new round of London redundancies this week. In a presentation today, Credit Suisse chief executive Tidjane Thiam,...
View ArticleJunior bankers haven’t had a pay rise for a whole decade
Everyone knows that junior bankers – analysts in investment banking parlance – earn a lot. Where else will you get paid £66k in your first year out of university and six figures (sterling) two years...
View ArticleThe newly hired Goldman banker who’s been quietly donating to Trump
Chendi Ni is a quantitative strategist within Goldman Sachs’ strats group who started his investment banking career in July last year. He is also one of only two Goldman Sachs’ employees to nail his...
View ArticleThis former trader left Brevan Howard to launch a quant robo-adviser
Before setting up quantitative robo-adviser qplum, Mansi Singhal was a trader at Wachovia, Bank of America Merrill Lynch and Brevan Howard. She said the idea came about as she became increasingly...
View ArticleBNP Paribas hired a big name to lead its U.S. rates trading business
Forget credit. Forget FX. Forget commodities and securitization and emerging markets. If you want to do well in fixed income trading now, you need to be in G10 rates. So said finance intelligence firm...
View ArticleMorning Coffee: The keys to survival as a hot young trader. The simple secret...
If you have ambitions to remain in a trading role for any significant period time, it kind of goes without saying that you need to understand technology. Right now, some of the best traders understand...
View ArticleThe best thing to do when your CV is ignored
If you’re pushing on a door and that door really won’t open, sometimes there’s only one alternative: you need to push another door instead. This is what I’ve learned about my finance career in 2016....
View ArticleFive steps you must take before quitting your job for a new role
Leaving one financial services job for another is never an easy thing to do, and each step of the process of quitting to one employer before joining another requires a bit of thought. Here are the...
View ArticleThis hot new hedge fund has started hiring
Joining a new hedge fund, even during a time when large investment banks are cutting headcount, is a risky business. Nonetheless, despite a record number of hedge fund closures, new funds are launching...
View ArticleDeutsche Bank MDs pull together. Juniors just want to leave
If you’re a senior managing director at Deutsche Bank, you’re stuck. As we’ve noted before, Deutsche’s most senior staff are fully locked-in. They have the entirety of their bonuses deferred for a...
View Article4 things you need to know about changes to the UK bonus rules
While everyone’s been distracted by Deutsche Bank, the UK’s Prudential Regulation Authority (part of the Bank of England), slipped out some new rules about banking bonuses. In the event that you missed...
View ArticleMorning Coffee: How J.P. Morgan suppresses its jerks. Deutsche’s end game?
If you have a long enough memory to recall Bob Diamond as CEO of Barclays Capital, you may also recall that Bob had a technique for keeping BarCap ‘nice’. Known as the “no-jerks” rule, it theoretically...
View ArticleHow to combine a dynamic financial services career with a better lifestyle
Whenever a financial services organisation talks about expansion within the UK outside of London, it’s invariably associated with ‘nearshoring’, shared services or some other method of cutting costs....
View ArticleHere’s how pay for banking interns compares to pay for everyone else
Investment banking is an outlier. Pay for juniors in banks may not have risen for ten whole years, but maybe that’s because it’s so much higher than pay in other sectors? How much higher? Take a look...
View ArticleHow you are sabotaging your banking career
It makes no sense. You’re technically excellent, continue to bring in the numbers and yet your career is at a standstill. Management roles, or even a necessary bump up to get a bigger salary, continue...
View ArticleI’m an associate in M&A. This is how I network
Success in finance, as in most careers, is a lot about two things: what you know and whom you know. The “what” is often a factor of self-directed learning, perseverance and experience. The more you...
View ArticleGoldman Sachs has just made a senior electronic trading hire
Goldman Sachs is getting serious about building out its electronic trading business and has just poached a new managing director in New York. John Consenza, who was previously head of electronic...
View ArticleGoldman Sachs M&A bankers set to converge at this new boutique
If you work in M&A at Goldman Sachs and are a little lacking in enthusiasm, there is an alternative. Ardea Partners a new boutique set up by Goldman’s former co-chairman of investment banking in...
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