Are you like the 20 year-olds who get jobs at Goldman Sachs? A test!
Goldman Sachs is going to start putting its prospective recruits through a personality test. Those who succeed will need to display personality traits similar to the high performers it’s hired already....
View ArticleCantor Fitzgerald is still hiring senior fixed income staff in the U.S.
Cantor Fitzgerald may be cutting staff in London, but the new House of Jain is still hiring in the U.S. Anshu Jain, the former co-CEO of Deutsche Bank, joined Cantor as president in January, and the...
View ArticleWhy senior bankers won’t help you out. How to change their minds
If you’re a student or junior banker who’s trying to make it on Wall Street, you need a mentor. Believe me: in my 17 years on Wall Street, I’ve come to truly appreciate what a powerful tool a mentor...
View ArticleWhy this senior HSBC investment banker has just quit to run a cookie company
Three months ago, as head of HSBC’s consumer group for the Americas, Luis Galeano was overseeing 30 investment bankers. Now, having quit banking to lead a New York cookie company, he leads a team of...
View ArticleDeutsche Bank’s secret generosity to its longest-serving staff
Deutsche Bank’s retention bonuses from earlier this year aren’t going too well. You will recall that these special bonuses, paid to top DB staff to compensate for the annihilation of 2016 performance...
View ArticleHuge pay at this tiny boutique investment bank in London
Not many people work for Qatalyst Partners in London. The tech-focused boutique has just seven employees in the UK, and two senior executives, but despite this tiny heacount, it was unusually generous...
View ArticleWhy you will find the best dressed bankers at BNP Paribas
If you work for Goldman Sachs, don’t necessarily expect to wear a suit. Goldman these days is more a chinos sort of place than a world of Ferragamo loafers and shirts with your initials embroidered on...
View ArticleThe best way to prepare for the CFA without running out of time
Studying for the CFA exam, while balancing work and social life commitments, can be a juggling act. This is why Kaplan Early Start courses are proving so popular, allowing CFA candidates to better...
View ArticleWhy a hard-science PhD is the best qualification for quants
While banks and hedge funds battle over the best quants, usually armed with a PhD in either maths or statistics, Desmond Lun, a professor at Rutgers University and the co-founder and chief investment...
View ArticleWhy Goldman bankers want to work for Citi, by Citi
If you’re a regular reader of eFinancialCareers, you’ll already be familiar with our suggestion that Citi’s markets business is already many of the things that Goldman Sachs aspires to be and looks...
View ArticleIrma just closed Deutsche Bank’s massive Jacksonville office
When Deutsche Bank opened its office in Jacksonville Florida in 2008, it seemed like a good idea. After all, the state has some great universities, a low cost of living and pay that’s 30% below New...
View ArticleI left Goldman Sachs for a three-man start-up in 2003. It was the right decision
When Mark Traudt quit Goldman Sachs for a fintech start-up in 2003, he was something of an exception. Banks might be now battling with Silicon Valley and a raft of disruptive companies for talent, but...
View ArticleHow to get a junior relationship manager job in Singapore or Hong Kong
The hiring boom may have faded, but relationship managers (RMs) in Asian corporate banking are still in demand right now as banks look to eke out more revenue from corporate clients. But what’s the...
View ArticleNew jobs boom in Asia as Stan Chart hires from Barclays
Change managers are hot again in Asia, and banks are offering pay rises of up to 30% for the right people. Standard Chartered has rehired one of Asia’s most prominent change managers. Arnaud Courtin...
View ArticleMorning Coffee: Is this why Edith Cooper is leaving Goldman Sachs? The...
It’s the end of an era. After 21 years and innumerable interviews on getting a job at Goldman Sachs, Edith Cooper, Goldman’s erstwhile head of HR, is leaving the firm. As the Wall Street Journal points...
View ArticleA top UBS researcher launched a curious side-business
These are tough times in equity research. With MiFID II fast approaching, researchers are nearing the time when they will need to charge for their output and justify their existence through the sale of...
View ArticleMichael Hintze’s CQS has been increasing pay despite recent staff cuts
Staff numbers have continued to fall at Michael Hintze’s hedge fund CQS, but 2016 was still a bumper year for pay at the firm. This year looks like being decidedly leaner. CQS has just released its...
View ArticleBarclays hired a Citi MD for its U.S. prime brokerage business
Prime brokerage hiring is hot on Wall Street this year. As we reported in August, Canadian banks have been particularly eager to bolster their U.S. pb presence, as has Cantor under Anshu Jain. In fact,...
View Article10 reasons to join Goldman Sachs as it rebuilds in FICC, by Harvey Schwartz
Today’s the day. After a succession of miserable quarters in fixed income sales and trading which Goldman Sachs was “not satisfied with”, ex-CFO and current COO Harvey Schwartz made his presentation...
View ArticleSenior investment banker quits for corporate development role at Blackberry
Blackberrys used to be ubiquitous in investment banking. The smart phone ensured that bankers could never escape the office, tied constantly to ‘crackberrys’, sleeping fitfully with them on their...
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