Goldman Sachs snaps up ex-Deutsche commodities MD to lead Africa sales
Evan Morris, an ex-Deutsche Bank MD who was latterly in a commodities structuring position, has remerged at Goldman Sachs – in an Africa-focused sales role. Morris joined Goldman in September as a...
View ArticleJunior bankers lured with promise of full bonus for 2 months’ work
Should you trust a bank when it offers to pay you a generous bonus, but it won’t put that promise in writing? Generally, we would say no. But if you’re an analyst or associate the answer might be yes....
View ArticleThe yet-to-be-named M&A shop that’s about to make some noise
If you’ve ever been passed over for a promotion and found yourself out of work, try looking to Paul Taubman for motivation. The former co-head of Morgan Stanley‘s investment bank, who reportedly left...
View ArticleUBS is sucking up fixed income salespeople and traders. Again
It’s all happening at UBS, again. Almost exactly two years after UBS announced its decision to embark upon a ‘Strategic acceleration from a position of strength’ (AKA to make thousands of its fixed...
View ArticleHow to get an entry level job in wealth management
Private wealth managers help very rich, and occasionally famous, people manage their money, ensuring that it grows and that they’re able to pass it on to the next generation. They fall into two...
View ArticlePwC to make 16,000 US hires this year. Here’s how to land the job
Despite pockets of hiring, Wall Street is still cutting headcount. New York’s securities industry lost 2,600 jobs last year. The Big Four, meanwhile, continues adding to its roster. Ernst & Young...
View ArticleNew Asian “powerhouse” bank tipped to hire in Singapore – but would you want...
Three Malaysian banks – RHB Capital, CIMB Group and a smaller firm, MBSB – are tying the knot and the merged organisation is expected to want to add to its Singapore-based headcount. The companies last...
View ArticleAs hiring heats up, is the Middle East ‘sexy’ to investment bankers again?
Aside from the brief ‘gold rush’ in 2008, as investment bankers flocked to Dubai to escape the financial crisis sweeping London and New York, the Middle East has struggled to maintain its allure to...
View ArticleWhich big U.S. bank best suits your personality?
You aspire to work for a U.S. investment bank. After all, they generally rank higher on league tables than European banks (even in Europe) and they generally pay more – with a higher proportion of that...
View Article6 things JPMorgan and Citi’s results say about your banking job
It’s US bank results week. JPMorgan’s third quarter results are now properly out after they were accidentally released early. Citi’s third quarter results are out too. What do they say? What are the...
View ArticleNomura hiring in the US, HSBC in the UK
In the latest hiring roundup, HSBC is recruiting heavily in the UK, JPMorgan is targeting a new region and Nomura pours money into its US investment bank, again. Nomura’s US hiring spree Nomura just...
View ArticleYou must act NOW to get a banking job in Asia in 2015
If you want a new banking job in Singapore or Hong Kong after you get your bonus early next year, it pays to start planning your move right away. Banks in Asia are “pipelining talent” this quarter –...
View ArticleMorning Coffee: The truth about pay at JPMorgan. The interview no trader...
JPMorgan’s corporate and investment bank (CIB) didn’t have a good third quarter. Despite this, it hiked its third quarter compensation ratio and said it was increasing pay. Celebrations would be...
View ArticleThe six hottest programming languages to know in banking technology
What technology should you bone up on if you want a job in an investment bank these days? When we asked this question 18 months ago, the answer was unquestionably Java, which had more than double the...
View ArticleHow much can you earn as a quant in New York and London?
We write a lot about pay for people in banks’ investment banking divisions (IBD), but we write a lot less about pay for people working in banks’ markets businesses. This is partly because pay is more...
View ArticleThe EBA’s tantrum over banking allowances means bankers will be...
No one can say they didn’t see it coming. After weeks and months of mumbled displeasure about banks’ use of role-based allowances to sidestep the EU bonus cap, the European banking authority has...
View ArticleBanks still pushing for more female executives
In our most recent survey, nearly nine out of 10 respondents said they don’t believe their employer has any specific targets in mind when it comes to gender diversity. Hopefully those people don’t work...
View ArticleFour key takeaways from Bank of America’s third quarter
Bank of America grinded out a small profit, beating analyst expectations despite massive litigation costs related to its mortgage business. All-in-all, it was a good quarter for the bank, knowing that...
View ArticleHow to ace the questions on banks’ application forms
If you’re a student looking for a job in an investment bank, you will have come across the investment banking application form. You will also have come across the sometimes oblique questions that banks...
View ArticleThese are the banks in Asia that bankers really want to work for
Private banks are fond of talking up their expansion plans in Asia – the world’s fastest growing region for private wealth (Credit Agricole provides the most recent example of this trend). But where do...
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