AI might kill off your finance job, but…
There are plenty of arguments why artificial intelligence is likely to take your job on Wall Street. It’s already moving towards investment banks advisory roles, top performing hedge funds are relying...
View Article13 things you need to know before you take a banking job in Hong Kong
You’re being relocated to Hong Kong for a banking job – how do you ensure that your move goes smoothly and you hit the ground running in your new role? We asked expatriate finance professionals to...
View ArticleStandard Chartered’s Asian hiring spree that wasn’t
Standard Chartered has so far not been able to hire as many ex-Barclays private bankers in Asia as it would have liked, say headhunters. Bank of Singapore acquired the Asian wealth unit of Barclays –...
View ArticleMorning Coffee: Insomniac portfolio manager’s worst fear realized. Young...
It’s happened. No sooner had Amer Bisat, a New York-based portfolio manager with Blackrock confided to Bloomberg that fear of quantitative easing coming to an end keeps him awake at night, than Janet...
View ArticleThis $1.2bn hedge fund centred around a star trader makes £5m, pays £450k
While the hedge fund industry as a whole struggles, there are a few start-ups headed by star names that are hoovering up assets and posting impressive performance. Think Chris Rokos at Rokos Capital...
View ArticleCredit Agricole is moving trading jobs out of London this weekend
It’s happening. Just as the government of French president Emmanuel Macron announces a new policy of cutting payroll taxes for bankers moving from Paris to London, we understand that French bank Credit...
View ArticleNew bonus fears for traders at Deutsche Bank and Barclays
As we approach the fourth quarter and therefore the end of the year and therefore bonuses, a nasty thought is starting to percolate around some corners of some trading floors: what if too much was...
View ArticleWhy investment bankers cry in the work washrooms
Bankers love to cry. Go check out the men’s room stalls and you’ll see what I mean. They’re in there. I’m not one to talk. I’ve cried too. What brings this on? I’ve worked in banking 18 years. Here’s...
View ArticleHedge fund set up by ex-Bridgewater exec has poached a new head of quant...
Tudor Investment Corporation may be shifting its approach to computer-driven tools that imitate its best portfolio managers after cutting 15% of its headcount last year, but a senior quant at the firm...
View Article11 tricks for writing the perfect corporate banking cover letter
Applying for a job as a relationship manager in corporate banking isn’t all about crafting a great CV that shows off your sales statistics. Top biller or not, if you don’t get your cover letter right,...
View ArticleHow to quit your banking job in Asia without losing face
Job hopping is still rife in Singapore and Hong Kong banking, but it pays to quit your role in the right way. The cities’ financial sectors aren’t large enough to guarantee that you won’t be working...
View ArticleSo, what’s a tier 1, tier 2 and tier 3 investment bank now?
Once upon a time, people used to talk about “bulge bracket investment banks,” a term that loosely meant top US banks like Goldman Sachs, J.P. Morgan and (then) Merrill Lynch. The bulge bracket passed...
View ArticleMorning Coffee: The man striking fear into the hearts of Wall Street titans....
It’s not often you get to intimidate senior hedge fund managers and investment bankers. It’s rarer still for them to pay for the privilege. But Wall Street big-wigs are lining to up meet Lev Alburt, a...
View ArticleEx-Goldman, Barclays and Lloyds MD has just jumped to a fintech firm after 30...
Adam Barrett, the head of institutional sales at Lloyd Banking Group has joined the exodus from banking to fintech. After more than 30 years in investment banking, at UBS, Goldman Sachs and Barclays,...
View ArticleCiti analyst confirms the best route into private equity in 2017
If you’re looking for a path into a London private equity job in 2017, there is one track that has been very well beaten: the heavily-stomped route into the private equity arms of Canadian pension...
View ArticleEx-BNP Paribas prop traders have just left their senior roles at Caxton...
Macro hedge fund Caxton Associates might be hiring on the back of a stellar year where its London partners earned an average of £3.7m, but senior staff are still departing. Jean-Luc Alexandre, the...
View ArticleLondon Uber ban: bankers react
Something very bad has happened: Uber has been banned in London. A generation of bankers who got used to having cheap rides in, out, or after work are going to have to make do with black cabs or…...
View ArticleCredit Suisse adds Deutsche MD to bolster energy equity research
Credit Suisse is revamping its investment banking division globally, promoting from within and moving senior executives into new roles, as well as bringing in new talent from rivals. The Swiss bank’s...
View ArticleA tough message for young bankers: You’re just cannon fodder
If you’ve left university and achieved a job at a top investment bank, you obviously know how to jump through hoops. You clearly got some good grades, went to some kind of big university, did all the...
View ArticleAsian PE firms cut 80% of bankers after one interview: here’s how to beat the...
Despite the rise of the fintech sector in Singapore and Hong Kong, most investment bankers I speak to still say private equity is their number one choice if they want to leave IBD. Private equity is...
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