Brevan Howard: Gone Swiss?
Brevan Howard’s London office is not the central hub it once was. What started out as a satellite office in Geneva has slowly morphed into the place to be for its front office staff. Just a handful of...
View ArticleUBS hires more senior coverage bankers
UBS has been shifting the senior ranks for its corporate client solutions teams in Europe, following the appointment of William Vereker at the helm of the division last year. The result has been a...
View ArticleHow to excel as an interim manager in the banking sector
Your boss is taking an extended summer vacation, or maybe she’s about to go on maternity leave – either way your team needs an interim manager and that person is you. Leading a team in a competitive,...
View ArticleThe critical skill you now need for 70% of credit risk jobs in Hong Kong
Credit risk remains one of the most stable and sought-after banking jobs in Hong Kong, but this year banks in the city are determined to hire more candidates with Mandarin-language skills into...
View ArticleRaises for all junior bankers, just not you, you and you
It started with Morgan Stanley. Then Goldman Sachs got on board. Soon, nearly every U.S. bank had made the same pledge to junior bankers: we’re going to pay you more for all those 100-hour weeks you’ve...
View ArticleJPM, UBS, RBC hiring in London; Wells Fargo eyes global asset management push
In the latest hiring roundup, big banks eye London expansion, a massive oil fund needs more senior execs and Pimco won’t stop hiring in equities. JPM building London sales team J.P. Morgan is building...
View ArticleThe new bank to work for in Singapore if you want a career change
It’s a potentially lucrative career-change trend that we first spotted in July: private banks in Singapore are increasingly taking on “priority” bankers from the mass-affluent retail market because...
View ArticleMorning Coffee: Goldman Sachs cutting at the top, bumping up at the bottom
Goldman Sachs decided to show its junior bankers some love by bumping up salaries by 20% in an attempt to convince top graduate talent not to jump for a job at a Silicon Valley (or at least work 100...
View ArticleQuants: The new risk takers of finance
Quant traders working in investment banking are not happy. Squeezed by regulations that curb investment banks’ prop-trading activities and by cost-cutting that means that pre-crisis compensation...
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Investment banks use honey, money and worry in attempt to retain juniors
Investment banks are using both the carrot and the stick to ensure that their junior talent doesn’t depart for rivals, hedge funds or private equity firms. U.S banks on Wall Street are raising base...
View Article15 finance firms that will be hiring in the final months of 2014
Now that the traditional summer lull is drawing to a close in the financial sector, it’s worth considering where the job options will lie for the remainder of the year. Here’s our pick of the firms...
View ArticleBain’s new strategy on diversifying its candidate pool
Banks and consulting firms no longer appear satisfied with just the best industry-focused talent. They want a more diverse candidate pool, and they’ve had to change their recruitment strategies as a...
View ArticleBanks in Hong Kong convert 60% of contractor jobs into permanent positions
While contractor jobs have traditionally been viewed as an unstable, undesirable career option in the Hong Kong finance sector, I think that candidates in the city are now starting to become more...
View ArticleMorning Coffee: Inside the cut-throat world of hedge fund trading
Chris Rokos very rarely made a loss during his time at Brevan Howard. In fact, he made a combined $4bn for the hedge fund in the eight years prior to 2012, with one minor ‘blip’ (going $12m in the red...
View ArticleThe essential skill that strikes fear into the hearts of investment bankers
Anyone who has sat through an investment banks’ earnings conference call or, god forbid, an awards ceremony, will know that public speaking is not the forte of most people in the industry. Despite...
View ArticleM&A bankers enjoying inversion marathon while it lasts
Inversion mergers, where large U.S. companies purchase smaller foreign firms and relocate overseas to avoid local tax rates, has been a hot topic in recent months, with President Obama publicly...
View ArticleThe new investment banking super-stars happen to work in IT
The chances are you may not have heard of most of the people at the top of the tree in investment banking technology and if they spoke in any detail about the specifics of their jobs you’d be...
View ArticleThe five best boutique consulting firms to work for
When it comes to employers of choice in consulting, nothing has changed in decades. Bain and McKinsey are the top ranked firms on every list, every year, including the latest employee survey from...
View ArticleECM bankers no longer rule the roost in Asia
Equity capital markets was once the only department worth working in at a global investment bank in Hong Kong – but these days the sector is oversupplied with candidates. ECM teams were cut back during...
View ArticleMorning Coffee: 25 best young finance brains outside banking. Banking jobs...
In the minds of purists, bankers are sellouts, and academic economists are the hygienic embodiment of finance with principles. If you’re a young person working in banking today, you may therefore like...
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