Morning Coffee: The most contentious banker in the world just made a...
John Thain doesn’t need the money. Or at least, he probably doesn’t need the money. – Despite earning around $100m during his 24 year career at Goldman Sachs, followed by a signing bonus alone of $15m...
View ArticleThe junior bankers who should’ve got a pay rise last year, but didn’t
It’s the season for salary and bonus surveys in London. Recruitment firm Dartmouth Partners has released its appraisal of salaries and bonuses for analysts and associates in London investment divisions...
View ArticleSo, this is where you want to work at J.P. Morgan in 2018
If you’re the sort of person who likes to work for a big investment bank, then you’re the sort of person who should like to work for J.P. Morgan. In the bank’s 2017 annual report, issued today, Daniel...
View ArticleMoving finance jobs? This is how to make the right decision
Making the move to pursue another opportunity can be risky. But many recruiters are optimistic that the financial services industry will see an uptick in hiring this year. Here’s what you should...
View ArticleHow equity sales became the worst job in banking
If you’re thinking of working in equity sales, I have one word to say: don’t. If you’re working in equity sales already, I have two words to say: get out. – I was working in equity sales and I have; it...
View ArticleUBS keeps hiring in U.S. M&A, without much to show for it
The interim head of UBS’ M&A and capital markets business in the Americas has been on the job for less than a month, but that didn’t stop his boss from publicly issuing a fairly large challenge:...
View Article16 Singapore banking jobs that pay $10k a month after just three years
You’re an intern or analyst in Singapore wondering which banking roles will land you a salary large enough to start seriously saving up for a condo by the time you get promoted to associate. You want...
View ArticleThe “elite” J.P. Morgan team in Asia that you now wish you were working for
J.P. Morgan is unlikely to be the first private bank that relationship managers in Asia are sending their CVs to in the wake of first quarter bonuses. Unlike many of its larger and smaller competitors...
View ArticleMorning Coffee: How Morgan Stanley won the trading war while Goldman Sachs...
How did Morgan Stanley emerge as top equities trading house while Goldman Sachs lost its mojo? In an incredibly comprehensive article looking at the history of trading since the financial crisis (and...
View ArticleHow to get a trading job at BlueCrest Capital Management now
BlueCrest Capital Management has changed. Once one of the world’s hottest hedge funds, it became one of the world’s hottest family offices in late 2015. That metamorphosis doesn’t seem to have...
View ArticleITG makes job cuts in the U.S. as part of restructuring plan
So much for electronic trading jobs as a hedge against being laid off. Investment Technology Group (ITG), an agency brokerage and fintech firm specializing in electronic trading and portfolio...
View ArticleMacquarie said to have hired a senior ex-Goldman Sachs trader in London
After hiring a program trading team from Credit Suisse last November, Australian bank Macquarie is understood to have made another major hire for its London equities business. Market sources say...
View ArticleHow to get a job in this AI fintech firm that’s focused on NLP
There is a sought-after type of candidate that banks, buy-side firms and fintech companies are competing to attract. And yes, it does relate to a niche within data science and artificial intelligence...
View ArticleThe truth about banking jobs and sleep
Sleep has long been an issue in banking. Before ex-Goldman Sachs associate turned-academic Alexandra Michel highlighted the crazy abuse investment banking division (IBD) subject themselves to, there...
View ArticleDeutsche Bank made a familiar mistake by appointing Christian Sewing CEO
By now, it appears that John Cryan’s position as CEO of Deutsche Bank has been entirely undermined. The Supervisory Board is holding a meeting on “succession planning”, according to media reports, and...
View ArticleThese banks in Singapore will hire you without an elite foreign degree
Couldn’t afford to study at an elite overseas university, but still want to work at a global investment bank in Singapore? You’re probably keen to know what your chances are of getting hired by an...
View ArticleThe world’s biggest bank has just made a massive hire in Hong Kong
ICBC International has made a senior Hong-Kong based equities hire as Chinese banks flex their muscles in a sector where Western banks have been paring back. Rachel Chan has joined ICBC as an executive...
View ArticleMorning Coffee: Inside the explosion at Deutsche Bank. How DJ D-Sol starts...
What a weekend at Deutsche Bank. After weeks of rumbling and plotting against CEO John Cryan by chairman Paul Achleitner, the deed has been done. Cryan is out. So too is Marcus Schenck, the ex-Goldman...
View ArticleMore evidence that quitting Goldman Sachs is a route to making MD
If you’re an executive director at Goldman Sachs and you want to make managing director, you might want to think about quitting for a competitor. If you return to Goldman a few years later, you may...
View ArticleDeutsche Bank’s strategic history reflects the enormity of Sewing’s task
There’s a trend at Deutsche Bank. Whenever the bank gets a new CEO, it likes to say that the old one had no strategy. It’s happening to John Cryan. It happened too to Anshu Jain. However, the...
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