Morgan Stanley’s new guide to the best European banks to work for
Now that banks’ third quarter results are a thing of the past, Morgan Stanley’s European investment banking analysts have had time to digest their implications. And after doing so, they’ve produced a...
View ArticleGiant $93bn Softbank Vision Fund has been quietly poaching investment bankers
The world’s biggest tech investment fund has quietly been poaching from the junior ranks of bulge bracket investment banks, big buyout firms and top consultants. Softbank’s Vision Fund, the $93bn giant...
View ArticleBrexit supporter claiming he was bullied out of Goldman Sachs is a fake
If you’re a UKIP-voting Brexit supporter, the notion that one of your clan was ejected from the upper levels of Goldman Sachs simply for sharing your views is probably enough to spark outrage. Hold...
View ArticleJefferies reunites with MD-level equity analyst after six years apart
David Katz, a senior ranking analyst covering the gaming, lodging and leisure industries, has returned to Jefferies as an MD after a six-year hiatus. Katz was an MD and a senior equity analyst in the...
View ArticleThe easiest banking jobs to get in Singapore
If you’re thinking of starting a search for a new banking job in Singapore, it’s first worth considering whether your efforts will be worthwhile. If there are a lot of other people looking for work in...
View ArticleMeet six Hong Kong bankers shaking up Asia’s hottest sector
Senior technology media and telecoms (TMT) bankers are in high demand in Hong Kong this year (both banks and technology companies are hiring them), even as MDs and directors covering other industries...
View ArticleMorning Coffee: J.P. Morgan alights upon solution for saving London banking...
Will tens of thousands of jobs move out of London because of Brexit, or will they not? Following recent reassuring reports that banks could avoid a big transfer of jobs with so-called “back to back”...
View ArticleMorgan Stanley’s hot young trader has switched to BlueCrest Capital Management
If you’re a 20-something trader at Morgan Stanley suddenly thrust into the limelight by appear on the Forbes 30 under 30 list, expect the job offers to flood in. Jonathan Birnbaum, the 29-year-old COO...
View ArticleGoldman Sachs juniors keep joining a PE fund for ‘moderate’ pay
Private equity is dying. So wrote Professor John Colley of the UK’s Warwick University Business School in an article for the Conversation this week. Blighted by a crowded market, competition for deals...
View ArticleHow Nomura became traders’ preferred place to work
Nomura’s not perfect. In 2016 it dumped 500 of its European equities traders almost overnight. It’s most recent global results, for its fiscal second quarter, showed fixed income revenues falling 20%...
View ArticleFive stress coping mechanisms to become a zen-like investment banker
Investment banking is not for the faint-hearted, but rather it’s a sector that seems almost designed to create stress. Tight deadlines, aggressive targets and a competitive working environment – don’t...
View ArticleGoldman Sachs has created an elite tech team to tackle AI, big projects
Technology is central to Goldman Sachs’ business, particularly now that former chief information officer Marty Chavez has moved across to the CFO job, and it’s just created a crack-team to work on big...
View ArticleHow COO became the best job in banks’ markets businesses
If you wanted the top job in an investment bank’s markets business in the past, you worked your way up in either sales or in trading. Nowadays, you might want to take the operational route instead. As...
View ArticleAnother senior Asian banking professional has quit for tech
It’s happened again: another senior banking professional has quit the finance sector to join a Chinese technology company. Veteran tech analyst Andrew Lin left CICC in June and has now resurfaced at...
View ArticleWhen 20% just isn’t enough. The most outrageous pay demands in Asian banking
Have layoffs, offshoring and a downbeat job market dissuaded banking professionals in Asia from demanding big pay hikes? Overall, salary increases for job movers have fallen this year, say finance...
View ArticleMorning Coffee: Childish, offensive, degrading animals on the trading floor?...
There have been plenty of stories of traders being boorish, profane, immature and lewd, but surely that was back in the bad old days before bankers cleaned up their act, right? Well, actually, some...
View ArticleWhere to make £310k ($410k) a year in banking without killing yourself
It’s the Holy Grail: a front office banking job that pays well, but doesn’t involve excruciating hours and a hideous work ethic. A new study from pay benchmarking company Emolument.com suggests it...
View ArticleCredit Suisse’s program trading team just quit for Macquarie
If your much-appreciated banking boss leaves and offers you lots of money to do the same (after a timely wait to allow for non-competes), you’re going to follow him. This applies to Wissam Farrah,...
View ArticleHow to dress as a technologist in a bank. A sartorial guide
If you’re thinking of joining a bank’s tech team, you might be excited about what you’ll get to wear. After all, while most people in banks are only permitted to wear “smart casual” as their most outré...
View ArticleThese are the sorts of analysts who actually move to the buy-side
If you’re an equity research analyst in an investment bank (the sell-side), you probably want a job with a hedge fund, private equity fund, or mutual fund or pension fund (the buy-side) instead. How...
View Article