More finance jobs in Asia in 2014 but it’s not all good news in Singapore
Two new surveys by recruitment firms operating in Asia point to good hiring prospects for financial services candidates in the region, with a significant proportion of firms looking to add staff and...
View ArticleDaily Dispatches – Hong Kong bank workers expecting bumper bonuses
Hong Kong employees of Asian financial companies, including mainland banks and securities firms that have expanded their offshore business in the city in recent years could be in line for bonuses that...
View ArticleMorning Coffee: More redundancies coming soon at Credit Suisse? Bad news for...
As of yesterday, any Credit Suisse fixed income professionals who thought their jobs were safe because they avoided last year’s cuts look sadly deluded. Credit Suisse was one of the banks guilty of...
View ArticleHedge fund Capula slashes partner to a mere £2.2m average, but keeps on hiring
Hedge fund Capula Investment Management has slashed partner pay by more than half following a big drop in profits for the year to March 2013. However, it’s also been indulging in relatively prolific...
View ArticleAn insider’s look into the world of insider trading
Frontline on Tuesday ran To Catch a Trader, the highly-anticipated in-depth documentary on insider trading, with a particular focus on SAC Capital and its founder, Steven A. Cohen. The hour-long...
View ArticleJPMorgan’s verdict on the best investment banks in Europe
If you aspire to change jobs this year and are wondering which bank to work for, you could consult our 2014 strategy primer. Alternatively, if you want to work for a European investment bank...
View ArticleThe 2013-2014 investment banking and financial services graduate interview...
Want a graduate job or internship in an investment bank? Wondering what kinds of questions you’ll be asked apart from the standard ones that come up at every banking interview? We asked you to send us...
View ArticleSenior Credit Suisse banker who said ageism is the way of banking world...
Are you aged 50+ and fearful for your banking job? Suck it up – that’s just how things are in the investment banking universe. Or at least, so said Chris Carpmael – the former CFO for Europe, the...
View ArticleBernie Madoff was honest about one thing: J.P. Morgan would pay
The writing had been on the wall for months: J.P. Morgan would be fined for its alleged involvement in the Bernie Madoff scandal. Yet, while the outcome was nearly inevitable, no one really knew what...
View ArticleThe dangers of employing young, ambitious investment bankers
The chances are that if you’ve made it into an investment bank, you’re competitive by nature. Not only is the recruitment process highly selective and rigorous, but only 20% of candidates who get in...
View ArticleDaily Dispatches – Singapore’s OCBC bids for Wing Hang to drive Greater China...
OCBC, Southeast Asia’s second largest lender, says that it’s bid for Hong Kong bank Wing Hang will help its ambitions for expansion into greater China. According to a report by Asian Banking &...
View ArticleMorning Coffee: This is the most dangerous time of year to be a top performer...
Christmas is over, but if you work in an investment bank you still have something to look forward to: bonuses. Most banks announce annual bonuses for the previous year in January or February and pay...
View ArticleSenior Deutsche Bank deal-maker dies at 51
Miklos Kormos, the head of investment banking coverage for Central and Eastern Europe, Israel and Turkey at Deutsche Bank, has died after a battle with cancer, aged 51. Kormos passed away in December....
View ArticleGoldman code staff earned the average UK salary for the entire year by...
The New Year has barely begun, but thanks to the compensation figures released by various US investment banks during the depths of the Christmas period it’s possible to surmise that several hundred...
View ArticleSenior Morgan Stanley banker says 2014 is a very propitious year for starting...
If you haven’t yet applied for your trainee position in an investment bank for 2014, you may be a little late: most banks closed their full time applications in December, although you can possibly...
View ArticleBlueCrest is still providing a happy home to ex-bankers and SAC employees
It’s no secret that hedge fund BlueCrest Capital Management has been among the most aggressive recruiters of the past 12 months. It’s hired traders from Brevan Howard, Nomura, Credit Suisse, Deutsche...
View ArticleThe most (and least) stressful jobs in banking and finance
If you work in banking or other sectors in financial services, you likely spend a healthy part of your day dealing with career-related stress. The hours, the responsibilities, the external pressures to...
View ArticleBlame compliance for banks’ totalitarianism and the loss of traders’ chat rooms
As we go into 2014, traders in investment banks face a very different landscape: they’ve lost their chat rooms and the vital market color these provided. Compliance departments are largely to blame....
View ArticleEx-Lehman banker says now is absolutely the time to be joining UBS
Are you thinking of working for UBS? Do it. The Swiss bank could be about to become one of the best places to work in financial services, according to a former executive director at Lehman Brothers....
View ArticleDaily Dispatches – Growing number of women in China’s financial advisory...
Women dominate the rankings of China’s top financial advisors, increasing their lead to 31 (28 last year) out of the 50 named in the annual Forbes China list. The top three women were Grace Chen, an...
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