Wall Street bonuses are climbing, but not everyone is smiling
Here’s a crazy fact, one that likely won’t sit well with Elizabeth Warren and other Wall Street detractors. The average bonus for employees in New York City’s securities industry actually increased in...
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Apollo, Blackstone or KKR? Which top private equity firm should you work for?
If you’re ‘nice’ and you’ve got an excellent academic track record and you’ve spent some time on the training program in the investment banking division (IBD) of a major investment bank and you want to...
View ArticleSo, Deutsche Bank’s 500 new US compliance hires didn’t seem to work out
So, Deutsche Bank’s US business didn’t make it through yesterday’s stress test due to what the Wall Street Journal (parsing the Fed) describes as, ‘“numerous and significant deficiencies” across...
View ArticleEight things to know about jobs at Tidjane Thiam’s Credit Suisse in Asia
Tidjane Thiam, who starts as the new CEO of Credit Suisse in June, is expected to grow the bank’s wealth management arm in Asia. Credit Suisse has, however, been plotting a big expansion in Singapore...
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Five insights into hiring and pay at UBS
UBS has just unveiled its annual report. As we reported on the release of its Q4 results, pay is now on a par with Goldman Sachs, front office headcount in UBS’s investment bank has been falling and...
View ArticleWill you be worked to death at the Big Four too?
Long working hours and IBD are like blurred vision and inebriation – well documented and deleterious to health if they go on for too long. But how about long working hours and the Big Four? They can be...
View ArticleThis is the book Goldman Sachs bankers are reading to become better parents
In theory, the privileged children of investment bankers and finance professionals should grow up to be successful, well-rounded, happy people. In fact, this isn’t always the case. Goldman Sachs has,...
View ArticleSeven internships and counting as I aim for a graduate asset management job
Securing a graduate asset management job in Asia isn’t easy. Although buy-side firms are increasing the number of juniors they hire globally, they still offer far fewer opportunities than banks do –...
View ArticleMorning Coffee: Immensely good news for investment bankers at Deutsche. IBD...
Investment banking employees at Deutsche Bank can be forgiven for feeling disorientated. Only last week, the Financial Times quoted an unnamed senior insider who said Deutsche’s investment bank would...
View ArticleWould you join RBS’s investment bank now?
Royal Bank of Scotland may not look like the best place to start your investment banking career. The bank has just unveiled the latest in a long line of deep cuts that will reportedly lead to 14,000 of...
View ArticleWho’s leaving Liberum?
At first sight, Liberum Capital – the London-based equities brokerage and investment banking business, has plenty going for it. Fashioned from the ashes of the financial crisis, it’s grown to house 156...
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An MBA is better than a CFA if you want to make MD in banking
It’s the perennial debate: should you get an MBA or a CFA if you want to get ahead in banking? An MBA from the sort of top tier school banks like to hire from will cost you a small fortune and mean...
View ArticleAsset managers in Hong Kong and China start staffing up
China’s asset management industry is on the cusp of a big recruitment spree. Buoyed by the 31% upswing on the Shanghai stock market after the introduction of the Shanghai-HK stock connect scheme in...
View ArticleThe new flood of finance technology jobs heading for Hong Kong and Singapore
Banks in Asia are hiring more data scientists this year to help improve their services to local clients – and you don’t need to be working at a bank right now to clinch one of these jobs. “In the past...
View ArticleThe only people banks are hiring now
In theory, jobs in the financial services industry are so super-abundant that you should be able to stroll into a new one whenever you feel so inclined . Recruitment firm Robert Walters estimates that...
View ArticleInvestment banking operations hiring is back from the dead
Investment banking operations jobs are coming back in from the cold. After years of offshoring, outsourcing and cost-cutting, the past few months have seen a surge in back office vacancies in London...
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11 charts that tell you exactly where to work in rates trading
Rates trading is a dangerous business to work in and an even more perilous business to find a new job in. With rates businesses at the forefront of capital-optimizing job cuts, who knows whether the...
View ArticleSeven ways to tell your boss that you’re quitting your banking job
Post-bonus hiring in Singapore and Hong Kong has been comparatively slow, but is expected to pick up in April. Recruiters in Asia are also fielding calls from RBS staff looking to leave the firm in the...
View ArticleMorning Coffee: Is this the easiest part of Goldman Sachs to get into now?...
If you really, really want to work for Goldman Sachs, you could always try for a job at the firm’s Mumbai office. – Goldman has a gigantic 1.6m square foot office in the Indian city. There, it employs...
View ArticleThe top five most desirable skills in fintech now
Investment banks might need to invest in IT, but this doesn’t mean technologists are bullet proof. IT jobs are proliferating but banks are still considering outsourcing and offshoring arrangements to...
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