The six hottest jobs on the buy-side right now
Asset management, as many senior investment bankers have been at pains to point out, has a bright future. Those in the know on the sell-side need to make the move to the buy-side, and sharpish, before...
View ArticleHow investment banks are targeting fintech talent
Investment banks spend billions each year on technology, have armies of developers, architects and project managers overseeing cutting edge products – or at least those with enough firepower behind...
View ArticleGoldman Sachs jobs: this is what the bank really said yesterday
So, yesterday was Goldman Sachs’ second quarter results day. As we reported yesterday, the firm did better than expected. It also increased pay and headcount year-on-year. However, there was more to...
View ArticleIn trading, has better than expected become good enough?
Kind of crappy but better-than-expected with little visibility over the future quarters – that’s been the consistent narrative surrounding Wall Street trading during second quarter earnings calls. The...
View ArticleThe raw, funny truth about being a trader in the US, Europe and Asia
What are the actual differences between traders in different locales? What do they really do when the markets are crawling? For a behind-the-scenes (and hilarious) look, we turned to Wall Street...
View ArticleThe tricky but glamorous career change making a comeback in Asian banking
The practice was rife before the financial crisis and now it’s making a (more muted) return: private banks in Singapore are dealing with talent shortages by hiring relationship managers from the lower...
View ArticleMorning Coffee: Goldman Sachs? Or Morgan Stanley? The crazy patience of...
Should you work for Goldman Sachs? Or Morgan Stanley? If this question was troubling you, the past few days will have been illuminating. Yesterday was Morgan Stanley’s results day. The James Gorman-led...
View ArticleCitigroup continues to hire for commodities
Citigroup is one of the few large investment banks steadfastly continuing to build out its commodities functions while rivals scale back and has just added another significant hire in London. Giovanni...
View ArticleEton educated chocolate heir seeks job in City of London
Good connections are becoming more important when it comes to getting a job in investment banking. One senior banking analyst says banks are being distilled down to three kinds of people: people who...
View ArticleInvestment bankers and traders are no longer running the playground
In some ways, Wall Street is like high school. You’ve got the cool kids (investment bankers and traders), the average schmos (asset and wealth managers) and the nerdy crowd that gets picked on and...
View ArticleTop banker leaves UBS for HSBC. Why?
If you work in M&A, UBS isn’t a bad place to be. Yes, it’s been making a few redundancies, but along with Barclays, UBS is one of the only international investment banks led by a career M&A...
View ArticleIntern diary: I’ve only just started this banking internship and am cold...
A few weeks ago, I began my summer internship with one of the biggest wealth managers on Wall Street. I’ve had two internships previously, but so far this is proving by far the most helpful and...
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What you need to earn to be ‘happy’ in New York and other US cities
How much money do you need to make to be happy? It’s likely a question being asked by bankers in New York, traders in Chicago, money managers in Boston and San Francisco, and financial services workers...
View ArticleCareer Crunch: The reality of private equity, can you still get rich in banking?
Take a few minutes to catch up on the top stories on eFinancialCareers over the past seven days. Banking: is the lifestyle still worth it? Crazy pay packets are now much rarer in banking, so are the...
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28 places to live in the UK if you want to rub shoulders with successful...
The term ‘stockbroker belt’ has traditionally referred to the affluent, leafy commuter belt outside of London where well-to-do financiers would move to in order to escape the hustle and bustle of the...
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Banker’s dilemma: “I haven’t had a pay rise for 4 years and my only...
“Can you help? I’m an American banker working in London and am wondering whether to take a new job. I’ve been doing my current director-level role for four years and am paid a salary of £170k, plus a...
View ArticleMorgan Stanley saying ‘yes’ to commodities trading
Morgan Stanley Chief Executive James Gorman had a plan: center the firm’s focus on its thriving wealth management business and wash out most areas that accompany risk. So far, the plan has worked...
View ArticleFour strange and exciting job opportunities in the Middle East financial sector
Despite being a hub for international banks in the Middle East, the UAE still offers fairly conventional career opportunities. Unlike more developed financial centres, which boast derivative markets...
View ArticleBofA cranking up junior hiring plans; Big Four adding consultants
In the latest hiring roundup, Bank of America is adding hundreds more analysts, BlueCrest is opening a new office and two Big Four firms are growing their advisory businesses. BofA adding juniors Bank...
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UBS stands accused of eradicating senior bankers, replacing them with juniors
Now’s not a good time to be a mid-ranking banker. But it may be a worse time to be a managing director. Banks everywhere are cutting back on senior staff in an attempt to reshape their hierarchical...
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