Deutsche M&A bankers wait to see if recent Goldman hires will go in purge
Deutsche Bank has pulled the trigger on big redundancies in its corporate and investment bank. Bloomberg reports that 250 people globally are being cut from the corporate and investment bank, and that...
View ArticleRates traders also said to be out at Deutsche Bank
Predictably, Deutsche Bank’s pre-bonus redundancies appear to extend beyond the investment banking division (IBD). Insiders say members of the German bank’s macro trading team have been put on notice...
View ArticleTemasek has just recruited a new managing director in Singapore
Temasek has taken on Mark Lim as a managing director in digital technology as Singaporean firms step up their senior hiring for digital-strategy roles. Singapore’s sovereign wealth fund recruits many...
View ArticleJ.P. Morgan is quietly hiring more analysts in Asia, others will follow
The analyst hiring season is supposed to be over in Asia – most banks stopped receiving applications for 2018 analyst jobs back in November. This year, however, US banks in Hong Kong aren’t satisfied...
View ArticleMorning Coffee: Ex-Credit Suisse trader reiterates harsh reality of fintech...
If you leave an investment bank to work for a fintech firm, you may not want to leave for Revolut, the fintech firm that started as a payments company but now offers all kinds of “app-based” finance...
View ArticleHere’s how much you earn at HSBC’s investment bank vs. Goldman Sachs and others
It’s bonus day at HSBC today. Following the unexpected departure of Matthew Westerman, the ex-Goldman Sachs head of HSBC’s global banking group in November last year, all eyes are on how much HSBC pays...
View ArticleThe easiest banks to be an analyst, associate, VP, director and MD at
If you’re a junior in an investment and you’re feeling a bit exhausted, the good news is that things do generally get better. The bad news is that this isn’t always the case, and that they may...
View ArticlePlenty of people I know in banking are waiting to get laid off
A few years ago, I moved from a small brokerage firm to a major investment bank. It was a scary move to make and I wasn’t sure if it was the right one. My job at the brokerage firm was secure and it...
View ArticleEY’s transactions team steps up hiring as client demand surges
Imagine working on confidential, exciting projects alongside people from all over the world, using state-of-the-art technology. No, it’s not the Secret Service, but Operational Transaction Services at...
View ArticleNine hot jobs at HSBC in Asia as the region dominates its profits
There’s only one place to work in now at HSBC: Asia. The region made up nearly 90% of the bank’s profits globally in 2017, according to HSBC’s full-year strategic report. But what are the standout jobs...
View ArticleMorning Coffee: How to walk into a job at J.P. Morgan. Special bathrooms at UBS
Getting a job at J.P. Morgan is supposed to be difficult, and in most cases it is. The investment bank rejects 98% of its people who apply to its analyst and associate programmes in the U.S., for...
View ArticleThe most dangerous seats in banking
It’s been a perilous couple of months for a particular breed of employee in investments banks. Since the start of 2018, European banks have been clearing out their more senior staff. Barclays went...
View ArticleEisler Capital and Citadel made some big hires in London
Most European banks have yet to pay their bonuses. This isn’t stopping hedge funds picking off their staff. The UK’s Financial Conduct Authority (FCA) Register shows that hedge funds Eisler Capital and...
View ArticleWant to work for a French bank on Wall Street?
Est-ce que tu parles français? Non? Well, that’s OK, because you don’t have to speak French if you want to work for one of the French banks with a presence on Wall Street. And yes, the two biggest –...
View ArticleThe pressure is on at Barclays after crazy MD hiring in 2017
Tomorrow morning, Barclays reports its results for 2017. It will be an important moment for the British bank, which insiders say hired no fewer than 40 managing directors (MDs) to its banking and...
View ArticleHow to get a big bonus in a bank without working stupid hours
You’ve reached the end of the year, and the numbers are in. Like most people in banking, you probably had grander ambitions for your bonus than your boss did, and now you’re furious, or worse,...
View ArticleBNP Paribas makes major hire in Singapore as job market heats up
BNP Paribas has hired a senior relationship manager from Bank of Singapore as competition for non-resident Indian (NRI) bankers heats up. Sajal Arora joined BNP Paribas early this month as a...
View Article“The one big thing that got me a job at Goldman Sachs in Asia”
I’m a finance student in Hong Kong and late last year I landed a 2018 internship at the only bank I applied to: Goldman Sachs. This is no mean feat – there are fewer internships on offer here than in...
View ArticleMorning Coffee: The clever new perk at Deutsche Bank. Earn $317k a year in an...
Deutsche Bank is developing a well-deserved relationship for a novel approach to rewarding staff. After last year’s decision to withhold performance bonuses in the investment bank, it came up with a...
View ArticleHigh earners slashed at Barclays as new joiners get big guarantees
There are a lot fewer euro millionaires among Barclays’ material risk takers than there used to be. This could be because Barclays has been splashing out to hire in a lot of new managing directors from...
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