Are there only five banks worth working for in capital markets? All hail king...
Despite what is broadly expected to be a poor second half, 2013 will be looked upon by most large investment banks as being decidedly better than last year. So, who’s stood out? The answer, inevitably,...
View ArticleSecrets of the secretaries from investment banks
Who would be the assistant to a bunch of highly-strung, highly-stressed, highly-intelligent, sometimes-arrogant investment bankers? Particularly at this moment in time when staff cutbacks mean...
View ArticleJPMorgan’s hiring spree hampered by staff turnover
Still reeling from a scandal-plagued 2013, J.P. Morgan is very open about its plans to hire in compliance and risk, promising this week to double the amount it spends on controls in the coming year....
View ArticleNew EU bonus rules have been relaxed for thousands of bankers in London and...
In January 2014 the European Union’s bonus cap will come into effect. From next year, bonuses at banks within the EU and at European banks globally will be capped at 100% of salary – unless two thirds...
View ArticleCareer Crunch: CV words to attract recruiters globally, a guide to how much...
This may be one of the slowest points in the year for recruitment activity, but there’s still plenty going on. Catch up on all the top stories on eFinancialCareers over the past week. Seven CV words...
View ArticleYear of the Horse is a good time to move into a China hedge fund
If you have been thinking about making a switch to a hedge fund in Asia, the omens augur well to make the move in 2014 – the Year of the Horse in the Chinese zodiac – with this alternative investment...
View ArticleDaily Dispatches –‘Tis the season to be jolly but don’t enjoy yourself too much
Big banks in London’s financial services industry are taking a muted approach to celebrating the festive season this year, with low-key parties on a budget – and some even being held in January when...
View ArticleMorning Coffee: Senior bankers will be disappointed if bonuses don’t rise...
If you work in financial services, you may have positive sensations about your bonus this year. We already know this from our own bonus expectations survey, conducted in September, which found that 42%...
View ArticleInvestment banks still recruiting graduates in EMEA for 2014
If you’re looking for an investment banking graduate role starting in 2014, it’s getting rather late in the day. Most banks close their schemes in late late-October or mid-November, or recruit on a...
View ArticleEx-Goldman banker who hired hundreds now wants to fire them all
What goes up must come down. This applies especially to jobs at Russian investment banks. One minute Russian banks are bullish and pawing the ground. The next, they’re reverting to their bearish...
View ArticleEight ways to improve your resume over the holidays
December is a pivotal time of year to get your resume and social media profiles updated, in sync and given to the right contacts to land your next job faster for the New Year. Whether you are simply...
View ArticleThe most puerile thing an analyst in an investment bank has ever been...
The stereotypical banker is too busy smoking his Cuban cigars and oiling his moustache to care about details. However, anyone who thinks that banking is a relaxed career is very wrong. If there’s one...
View ArticleBankers choke on China pollution, recruiters struggle to fill new jobs
The recent worrying, steep deterioration in air quality in Shanghai – the city the Chinese government wants to become the dominant financial hub in Asia – is starting to pose a risk for recruiters...
View ArticleJefferies is paying cash bonuses (again). Remember the sting in the tail
Jefferies has reported its full year results. If you work at Jefferies they’re not so bad: pay per head is $426k on an annualized basis, which compares fairly well to the $466k Jefferies was paying in...
View ArticleDaily Dispatches – Singapore set to continue IPO bonanza in 2014
Singapore’s stock exchange (SGX) is closing out a good year for IPOs, with 26 companies going to market this year raising S$6.22 billion, according to new data published by Deloitte Singapore. This is...
View ArticleSix ways to stop your banking job being offshored in 2014
Those of us working in and around the financial services industry, both here in Asia and globally, live in challenging times: profit and operating margins at banks and funds remain under considerable...
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Morning Coffee: M&A analysts in big demand in 2014. Jamie Dimon’s wild family...
2014 could be a good year for M&A analysts. UK-focused M&A has been a little inert in 2013, but more dynamism is expected soon. At the same time, big U.S. banks will need to hire more M&A...
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LBS’s MBAs want to work at Google, Amazon, McKinsey and Bain. Investment...
If you’re an MBA in the UK looking for a job in investment banking, London Business School is the place to study. Investment banks provide scholarships to the school, swarm around campus courting the...
View ArticleMerry Christmas, you’re fired: beware the banks making seasonal layoffs
Christmas is coming. Jamie Dimon has been sending out his special Christmas card. Financial services have been holding muted Christmas parties in an effort to put the notorious parties of the past...
View ArticleMillennium Capital taps fund managers from Citi’s ex-hedge fund unit
Millennium Capital, the expansionary hedge fund that has been hiring investment banks’ traders throughout 2013, has just recruited two fund managers from Citi’s former hedge fund unit, Napier Park...
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