UBS pulls MD-level rates trader from Jefferies
With fixed income currencies and commodities recruitment picking up to pre-crisis heights on Wall Street, UBS is getting in on the rush for top rates traders. Daniel Brierley, who has spent the past...
View ArticleJPMorgan is raiding Goldman Sachs’ U.S equities business
When Goldman CFO Harvey Schwartz made his presentation at the Barclays’ Financial Services Conference today, he said the firm plans to increase equities sales and trading revenues by $500m over the...
View ArticleEight deadly sins to avoid when creating a banking cover letter
Cover letters need to do three things: prove you can do the job, differentiate you from other candidates and not attach a red flag to your application. Sadly, the third component is just as critical as...
View ArticleA UOB director has joined this expanding bank in Singapore
Senior UOB interest rates trader Lawrence Lee has joined Taiwan’s CTBC Bank in Singapore as a director. The move is part of a growing trend of Singapore traders from large banks being poached by firms...
View ArticleEight ways to avoid catastrophe when you meet recruiters in Singapore and...
It’s a quiet time of the year for the banking job market in Asia. Front-office hiring has been generally sluggish in 2017 and recruitment across all jobs is set to suffer from a seasonal slowdown in...
View ArticleMorning Coffee: How to get fired by Jamie Dimon. Obscure M&A jobs at Goldman...
You can’t move for bitcoin millionaires these days, or 20-somethings aching to tell you how they made a fortune with the cryptocurrency simply by sitting in their dorm – and how you can do the same. If...
View ArticleYoung British banker? You’re gonna have to up your game
When Philip Augar got his first job in the City of London, it was 1978. He’d just graduated (admittedly from Cambridge) and was wondering about becoming an academic historian – except there were no...
View ArticleThe popular head of electronic products just left Credit Suisse
Change is afoot at Credit Suisse. On one hand, it’s hiring under new global head of equities, Mike Stewart. On the other, it’s bigging-up systematic trading as a way of increasing revenues at...
View ArticleThe head of global markets at Sberbank has moved to London for an MD job at HSBC
There’s a revival in rates recruitment in London investment banks, and competition is heating up. Banks are hiring from the buy-side and people who left the market years ago to fill senior roles. And,...
View ArticleWall Street pay negotiations are changing. This is what you need to know
On Wall Street, pay negotiations going into a new job are an art form – a cat and mouse game where an employer tries to low ball and the lead candidate tries to inflate their worth as much as possible....
View ArticleHedge fund Capula’s CEO Steve Gregornik has left, as it moves into plush new...
Steven Gregornik, a partner and chief executive officer at Capula Investment Management in London, has become the latest senior figure to depart from the $10.2bn hedge fund this year. Gregornik has...
View ArticleJ.P Morgan wants its senior technologists to come back again
Technology is a big deal in J.P. Morgan’s corporate and investment bank (CIB). The division employs around 10,000 technologists and just hired a new chief technologist in the form of Mike Grimaldi, the...
View ArticleUBS is building a new restructuring team in New York
UBS appears to be hedging its bets on the U.S. economy. Despite a bumper year for M&A deals in the Americas, the Swiss bank has started building a new restructuring team. UBS has just hired Lloyd...
View ArticleOne of DBS’s top corporate bankers has just joined ING as an MD
Probal Banerjee, DBS’s head of large corporates for India, has moved to ING in Singapore in a managing director role. Banerjee joined ING as head of corporate clients for India on 1 September,...
View ArticleThese five banks want to hire you in Asia. Think hard before you join them
I’m a former private banker now working as a headhunter in Singapore, so I know how tough it is to decide whether or not to join a new bank. Moreover, these days it’s not just the likes of UBS and...
View ArticleEverything you need to know about pre-employment background checks
Financial services firms are more stringent than nearly every other private-sector industry when it comes to pre-employment background checks. You’re likely to be subjected to screenings for a criminal...
View ArticleMorning Coffee: Never quit banking without first doing this. Morgan Stanley...
It’s possible that people have got banking careers all wrong. That instead of being about getting trained at a prestigious and highly-remunerative name whilst earning CV points, they’re actually about...
View ArticleBalyasny Asset Management has been hiring from Citadel, Point72 and J.P. Morgan
Few hedge funds are hiring as much as Balyasny Asset Management right now. The $12.1bn firm is looking to become the “Amazon of hedge funds” and has been poaching from its buy-side rivals and large...
View ArticlePity the bankers who were really crushed by the financial crisis
If you work in an investment bank, you might think you have it worse than your pre-crisis predecessors. People like Kerim Derhalli, the former global head of equities trading at Deutsche Bank, would...
View ArticleMy journey from a huge bank to a boutique VC firm
The path from a traditional bank to a financial technology firm is well-trodden. Going from traditional banking to a venture-capital firm that invests in fintech startups is another option –...
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