Morning Coffee: Heroes and goats in equity research. Getting a job at Goldman...
Sell side research just became more of a meritocracy. A new European law with a global shadow is giving the best analysts at bulge bracket banks a potential edge over colleagues when it comes to...
View ArticlePitch book hell. How 20 year-old bankers mess up, badly
Pitch books (AKA deal books) are an ugly business. If you’re an IBD banker they’ll eat up your life, chain you to your desk and haunt your dreams. Don’t feed the monster. Mend your ways. Avoid these...
View ArticleThe personification of physical perfection was working for Goldman Sachs
The Wall Street Journal today features a profile of Mehra “Cactus” Raazi, a former salesman at Goldman. While the article is ostensibly about Raazi’s new role as the ‘frontman’ for Tradeweb Markets,...
View ArticleThe 12 worst pieces of career advice you’ll read
There’s an assumption that most generic career advice books are mostly full of obvious fluff that panders to and possibly takes advantage of the unemployed. One book confirms this. Last week, one...
View ArticleWhat it really takes to quit investment banking for Silicon Valley
Investment banking isn’t what it used to be. The pay is good but not great, and the prestige has gone. Tech firms and start-ups are the new belles of the ball. But will you fit in at the start-up...
View ArticleThis is what you need to know about the pay increase at Credit Suisse
Credit Suisse has increased pay at its investment bank. This is the conclusion from today’s fourth quarter results. The pay increase was not negligible: compensation per head rose by 8% in 2014...
View ArticlePE firms rush to recruit young bankers
They finished college last spring and now count off the days spent toiling as junior investment bankers – while dreaming about landing a job at a private equity firm. Yet, they may be offered their...
View ArticleWhat it’s really like to work as a structurer in an investment bank
Even if you’re a student who wants to work in investment banking, you probably have a fair idea what M&A bankers or sales and trading professionals do on a day-to-day basis. However, the life of a...
View ArticleCV Clinic: Can I get a financial services job in another country?
This is the latest installment of our regular ‘CV Clinics’ feature, where we analyze a real student or financial professional’s resume and assess their chances of scoring a job in banking. We ask...
View Article13 Charts from Deutsche Bank that explain where to work in finance now
Deutsche Bank’s strategists have been hard at work on a new report titled, ‘Mapping the Financial Market in 2015.’ If you’re wondering which areas of the buy-side are growing and which aren’t, it has...
View ArticleSix key career concerns plaguing mid-level finance professionals in Asia...
As banks pay bonuses and assess potential promotions and salary rises this quarter, financial professionals are getting a clearer indication of the current state of their careers. In Asia, skill...
View ArticleThe top 50 universities for getting a front office investment banking job
Want to work in a front office job in investment banking? You should have gone to the London School of Economics. Share on twitter Failing that, banks would dearly like to hear from Columbia University...
View ArticleUncertainty at Deutsche Bank as new bosses appear ahead of shake-up
In any normal year, bonuses would be the big topic of discussion at Deutsche Bank in the first quarter. This year, however, the issue of who was paid what is being eclipsed by potentially changes to...
View ArticleMeet the men charged with keeping Lloyd Blankfein and Jamie Dimon safe
When you’re the high profile head of a global investment bank, you can’t simply walk down the street on your own. You need protection: executive protection. At Goldman Sachs, Robert Burns, a former...
View ArticleThe last investment banking commodities hirer appears to be firing
Has the last oasis of banking commodities recruitment finally started to dry up? BTG Pactual, the Brazilian investment bank, stated its intention to hire around 100 commodities professionals at the...
View ArticleHow to land a new banking job in Asia even if you’ve just received a terrible...
If the reason you’re looking for a new banking job right now is the small size of your bonus, tread carefully in case your motivations scupper your candidacy. Recruiters in Singapore and Hong Kong are...
View ArticleAnd the most unfair bank to work in Europe for is….
If you want to work somewhere where the pot is equally distributed and the love is shared about liberally, banking is not the place to be. Today’s big report on banking pay by the think-tank New...
View ArticleWant to work in investment banking? Here’s who else does too
What kinds of people want to work in investment banking? A new study of 14,300 British adults by YouGov reveals the precise profile of banking aspirants by age, gender, political affiliation and social...
View ArticleEx-Goldman Sachs and ML bankers think creativity is more important than...
If you’re interested in joining an expanding buyside firm full of ex-investment bankers with excellent pedigrees, Tikehau Capital looks like a good place to be. It looks even better if you’re creative...
View ArticleThe ‘boring’ sector competing against banks and PE firms for young finance...
You’re a young finance professional who’s successfully seen off 300 other applicants to switch from investment banking into private equity. You have headhunters knocking at your door. The promise of a...
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