Chief technology officer at Bank of America Merrill Lynch now repairing...
Until April this year, Bob Hillier was a managing director and head of fixed income currencies and commodities technology at Bank of America Merrill Lynch in New York. As of this month, he’s moved to...
View ArticleParanoia and payouts: what it’s like when you leave Goldman Sachs
It’s been a busy year for departures at Goldman Sachs. As we’ve variously reported, the firm has cleared out senior people from its fixed income sales and trading business in preparation for the...
View ArticleRedundant Hong Kong bankers ponder “risky move” of joining Citic
It would appear to be fortuitous timing for investment bankers in Hong Kong who’ve just been axed by Goldman Sachs or Bank of America: Citic International is hiring. The firm had reportedly decided to...
View ArticleBattle for graduate jobs rages in Asia, even as investment banks struggle
The battle to secure internships and full-time offers at global investment banks in Asia is as fierce as ever this year, even as these same firms cut jobs, shutter business units and fall down regional...
View ArticleMorning Coffee: How to keep 21-year-old investment bankers satisfied. The...
Junior investment bankers go into the industry preaching passion and commitment, but the reality is that a lot of millennials taking a bulge bracket job these days have one eye on bolstering their...
View ArticleOliver Wyman’s guide to keeping your banking job after Brexit
Reports of the City of London’s demise after Brexit may have been greatly exaggerated. This is the key message from the big new report on the impact of Brexit on Britain’s financial services sector....
View ArticleWhat recruiters REALLY want to hear when they ask about your next move
When recruiters or hiring managers ask you what you’re looking for in your next employer or position, there is a right way and a wrong way to respond. Venturing out into the job market now is a risky...
View ArticleBrevan Howard has made another senior UK hire
In 2016, Brevan Howard Asset Management has been more about cost cutting than expansion. However, the macro fund is still bringing people through the door and – unusually – seems to be hiring from...
View ArticleThe new most stressful jobs in banking and finance
As junior bankers find themselves at the centre of a love-in on working hours, the established hierarchy of stressful jobs in banking finance is being turned on its head. Working as an analyst or...
View ArticleAre you part of Theresa May’s ‘international elite’? A small quiz
Theresa May is not a friend of the banking industry. Echoing whispers from ‘senior members of the administration‘, she used her conference speech today to decry “international elites” and clarify that...
View ArticleAsia escapes worst of Deutsche job cuts but some staff still look for exit
Singapore and Hong Kong are tipped to escape the worst of Deutsche Bank’s jobs cuts and the firm has even been hiring in capital markets in Asia. But the German lender has still been trimming a few...
View Article“Don’t believe the hype about contract jobs at banks in Singapore – my...
When I first moved to Singapore I took on a contract role in operations so I could get my first break into the banking sector in the city. That was back in 2011. I’ve been in contract roles ever since,...
View ArticleMorning Coffee: A different diagnosis of Deutsche Bank’s problem. How to...
Deutsche Bank’s share price has partially bounced back from its lows of last week, but there’s no end to the analysis of its ‘issues.’ In the breathing space granted by Friday’s revelation that the...
View ArticleMeet 15 analysts starting at Goldman Sachs, J.P. Morgan and Morgan Stanley in...
Are you an ‘incoming analyst’, sitting pretty in the knowledge that you already have an investment banking job secured for 2017? If not, the clock is ticking until the banks close their programmes to...
View ArticleLondon analyst and associate jobs cut as banks get aggressive
It’s that time of year. While banks are busy making appointments to next year’s analyst classes, they’re also busy cutting from this year’s analyst and associate pools. When you have 223,000 people...
View ArticleCredit Suisse prime broking COO escapes to buy-side
Credit Suisse is cutting costs. If you have the option of leaving the Swiss bank for the buy-side, you might want to avail yourself of it therefore. Ashley Brown, former COO for EMEA in Credit Suisse’s...
View ArticleDeutsche Bank managing directors in the U.S. depart for competitors
Deutsche Bank has been shaking up the upper echelons of its investment bank on Wall Street and senior bankers have departed. However, managing directors are also taking the opportunity to depart for...
View ArticleMy advice to John Cryan if he wants to stop his best bankers leaving
John Cryan needs to get creative. In 12 months, Deutsche Bank’s stock has fallen 52%. Managing directors at Deutsche Bank might be on high salaries but their stock bonuses have halved and the chances...
View ArticleMBAs are still hot on Wall Street, but is it really worth the investment?
As MBA recruitment has dropped off among banks in the U.K., banks in the U.S. are still the biggest hirers of MBAs, despite the overall headcount reduction in the industry in recent years. It’s...
View ArticleStan Chart has “blank cheque” to hire in Asian wealth after Barclays raid
Standard Chartered’s reported hiring of 10 Barclays relationship managers in Hong Kong is just the first step in an “aggressive” expansion in Asian private banking. Last month we reported that Barclays...
View Article