Lloyd Blankfein’s exit to unleash wave of paranoia at Goldman Sachs
What if Goldman Sachs were run by an international DJ? It’s a possibility following today’s news that Lloyd Blankfein, CEO of Goldman Sachs since 2006, will be retiring as soon as the end of this year....
View ArticleHow to make a stunningly successful career change in Asian banking
Are you tired of working in your current job function in Asian banking? Is the labour market in your sector contracting because of redundancies or offshoring? As we reported in December, there are...
View ArticleMorning Coffee: Confusion reigns at Goldman Sachs. Women aren’t the only ones...
Goldman Sachs Chairman/CEO Lloyd Blankfein has thrown some doubt on the date of his departure, claiming that the Wall Street Journal article saying that he’ll step down by year’s end didn’t come from...
View ArticleNomura trader quits to become a risk manager at BlueCrest
BlueCrest Capital Management has hired a Nomura trader, the latest in the string of top hedge fund hires this year. Matthew Read, a veteran trader with almost 25 years of experience, who was until...
View ArticleTales of gigantic bonuses at Deutsche Bank’s IBD, while some Credit Suisse...
How big was the bonus pool for Deutsche Bank’s investment bank in 2017? We’ll only know for certain when DB releases its compensation report on March 16th. In the meantime Deutsche board member Karl...
View ArticleThis is what a Goldman Sachs run by David Solomon would be like
Now that Harvey Schwartz is definitely retiring from Goldman Sachs, that Lloyd Blankfein is probably retiring from Goldman Sachs and that Gary Cohn has already retired from Goldman Sachs, David Solomon...
View ArticleI’m an ethnic minority in a bank. This is why I’m paid less
So, Deloitte pays its ethnic minority staff in the UK 34% less than its white staff. Who knew? Everyone like me: an ethnic minority who works in finance. Banks are making a big effort to be inclusive....
View ArticleEx-ANZ bankers in Hong Kong: what happened to them?
Scores of staff left ANZ in Hong Kong in 2016 – some of their own accord, others because of layoffs and the sale of the firm’s Asian retail and wealth unit to DBS. The Australian bank is now focused on...
View ArticleStandard Chartered hires new Singapore MD after five months at rival bank
Standard Chartered has recruited a new managing director in Singapore after he spent just five months at Safra Sarasin. Nakul Beri, an experienced non-resident Indian (NRI) banker, shifted to Standard...
View ArticleOne of London’s most senior prime brokerage professionals disappeared from...
Roy Martins, a very senior London-based prime brokerage professional, who was named in the FN100 ranking of the Most Influential People in European Finance in 2012 has disappeared from Bank of America...
View ArticleMorning Coffee: The unlikely bank CEO who wakes up at 4.30am, cracks risqué...
Amidst all the excitement about David Solomon and his alter ego as a dance music DJ, it’s easy to presume that GS has cornered the market in interesting CEOs. That would be wrong. There are other...
View ArticleThe three dumbest mistakes I made studying for the CFA exams
It took me eight years to get my CFA designation. It was an uphill battle because I had an English major background, but there were three things that I did which made the process extend way longer than...
View ArticleBank of America lost two of its most senior equity derivatives traders
There have been more big exits from Bank of America’s equities business. Following the departures of Whitfield Hines (head of EMEA equity derivatives flow sales), Guillaume Arnaud (head of EMEA...
View ArticleEx-Goldman Sachs partner: How you’ll know if you’re right for fintech
At a certain point in your sell-side career, you start to wonder whether the grass is greener on the buy side or in the financial technology space. A former senior investment banker now running a...
View ArticleNine major power players who could get you a job at HSBC in Asia
You want to work for HSBC in Hong Kong or Singapore, a bank that made almost 90% its profits from the Asia Pacific region last year. Who might you want to apply to? Here’s a selection of senior...
View ArticleMorning Coffee: The agony of the overworked M&A banker. Brian’s big day
You regularly work until the small hours on pitch books and Excel models as a junior investment banker. But it’s ultimately all worth it – your hard grind helps your team win deals and (large) fees....
View ArticleIs Brexit really cutting competition for banking jobs in London? Um…
With exactly one year to go until the button is pressed and Britain disassociates itself from the EU, seemingly minus a “special deal for banks“, there are small signs of movement. UBS is transferring...
View Article18 people you need to know as European banks expand on Wall Street
European banks are not ceding anything to their U.S. competitors, and many have been hiring steadily in the U.S. Here are the banking executives with hiring authority based on Wall Street who you need...
View ArticleWith bonuses announced, banks are stepping up layoffs in London and on Wall...
Nomura, Macquarie, and some French banks excepted, most banks have now announced their bonuses for 2017. Many are now turning their attention to a new issue: headcount. Cuts are coming; in some cases...
View ArticleWhy investment jobs aren’t necessarily the best option in private equity
Private equity firms are doing more hiring for non-investment roles than ever before, opening up opportunities for a wider range of candidates, both within the organizations themselves and at their...
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