It’s a great time to find a U.S. M&A job, thanks to Trump
If you’re looking for an M&A job in the U.S., the Republican’s recent tax bill could provide just the fillip you need. U.S. corporations are going to be getting a huge windfall – Warren Buffett...
View ArticleAs Goldman Sachs hires in FICC, some of its best young staff are leaving
As you will probably know, Goldman Sachs wants to revivify its fixed income currencies and commodities (FICC) business. After several quarters of miserable performance, the U.S. bank has a plan to...
View ArticleMorgan Stanley hires veteran DBS banker for senior job in Singapore
Morgan Stanley has hired a senior Singapore-based private banker – and tech entrepreneur – from DBS as wealth management hiring as the Republic continues to pick up speed in 2018. Jeffery Sung joined...
View ArticleHong Kong bankers still shun the suburbs even as housing costs surge
Despite ongoing increases in property and rental costs in Hong Kong, which have made it the word’s least affordable city for housing, most bankers are still choosing to live close to the uber expensive...
View ArticleMorning Coffee: The hard reality of life in a top hedge fund. Guess who’s...
It’s hard out there for a hedge fund manager. When the times are good, you’ll make a mint, but job security isn’t great by any means. Here today and, if your investment strategy goes south, gone...
View ArticleThe hot new finance job for today’s ambitious graduate
College graduates are often advised that the best jobs for them may be ones which do not exist yet. One such job in the financial markets might be “cryptocurrency compliance officer”. A year or so ago,...
View ArticleGoldman Sachs analyst quits to become director of crowdfunding platform
If you’re a junior in banking who’s getting out of banking after bonuses have been paid, you used to head for a private equity fund or a hedge fund. Not any more. Today’s banking escapees have a...
View Article“I interned in PE and wealth management. These were the differences…”
Should you pursue an internship in wealth management or private equity? Here’s what you need to know to make an informed decision. As a summer analyst in wealth management, most of the day-to-day...
View ArticleBanks ramp up recruitment for shareholder advisory and activism defense teams
Some of the hottest jobs on Wall Street right now are within banks’ activism-defense practices specifically and their mergers-and-acquisitions advisory groups generally. Demand has surged for that...
View ArticleDeutsche and Stan Chart bonus discord helps drive 25% uptick in Asian IB hiring
There’s more bonus-season hiring happening now in Asian investment banking than there was a year ago, say recruiters in Hong Kong and Singapore. Improving market conditions are creating new headcount...
View ArticleMorning Coffee: Predatory male banker said to abuse female junior at Credit...
The finance industry has always had a reputation for sexism. Whilst this is being sharpened by revelations that bonuses across Barclays are, on average, 78% smaller for women than for men (admittedly,...
View ArticleThe banks that need to cut costs in 2018, by division and region
Are you working for a bank that can afford to pay you and to invest in the sort of infrastructure that will keep clients coming your way in 2018 and beyond? The latest set of charts from financial...
View ArticleA senior trader just quit Millennium for Citadel’s expanding macro unit
Some macro hedge funds have suffered in the recent volatility. This isn’t preventing others from hiring. Citadel’s new macro unit is a case in point. The unit is understood to have recruited Antonio...
View ArticleThe differences between the West Coast and East Coast finance scenes
Do you want to start your finance career on Wall Street or in San Francisco? The finance culture on the East Coast is very different from that on the West Coast. If you’re right for one, you may not be...
View ArticleAnother study discovered that people in finance aren’t especially intelligent
There are many reasons why you get paid more in finance than in other industries, but your superior intelligence is probably not one of them. So says a new study of Swedish finance professionals...
View ArticleA senior Stan Chart sales head in Asia has just moved to….RBS
You know it’s the busy season for hiring in Asian banking when even RBS is recruiting managing directors. Jae Jun Lee, Standard Chartered’s head of structured and illiquid credit sales for Hong Kong...
View ArticleThe sell-side is for suckers. The best people now are all on the buy-side
Like many people on the buy-side, I started my finance career working in research for an investment bank(on the sell-side). When I got my first sell-side job, I was so happy! I thought I was going to...
View ArticleMorning Coffee: Semi-impoverished ex-Deutsche Bank trader is done with...
If you’ve spent nine years working as a short term interest rate trader at a leading investment bank, £180k ($248k) may not seem a lot of money. If you’re never going to work in banking or finance...
View ArticleWords to include on your banking resume. And words to avoid
If you’re going to get a job in banking, then you’re going to need a brilliant resume. You’re also going to need to make it past banks’ applicant tracking systems (ATS), which check to see whether you...
View ArticleHow to get the attention of a top quant hedge fund when you haven’t worked in...
Quant investment management firm Man AHL is trying something new. In the past, it ran an annual Python coding competition to identify the best young coders aged between 16 and 25. Now, it’s running a...
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