Why the CFA Institute is calling on investment professionals to “measure up”
CFA Institute has launched a global push to help build a better world for investors. The ‘Let’s Measure Up’ campaign is part of its work to promote the highest possible standards in the investment...
View ArticleBank by bank, these are the new hiring priorities for 2018
Want to get hired by a major bank now? This is where top firms have indicated they will be hiring (and firing) in the months to come. Bank of America: Adding staff in Dublin. Still hiring,...
View ArticleThis is why it’s still safe to work for Deutsche Bank
In general, people don’t want to apply for jobs at banks that are in the middle of big staff reduction plans. For one thing, it’s demoralising and often makes for a nasty corporate culture. For...
View ArticleAn ex-Goldman Sachs salesman’s guide to writing a cover letter that works
Applying for roles in the world of finance, investment banking, business and consulting can be an arduous and lengthy process. Whether you’re an undergrad, postgrad or an experienced professional the...
View Article12 tips for passing the CFA exams from the man who writes the questions
Passing the Chartered Financial Analyst (CFA) Level I exam is no easy business – only approximately 43% of the 50,000-plus candidates who take it in June or December pass. Peter Mackey, the head of CFA...
View ArticleOCBC ups pay by 11% even as headcount falls
If you’re thinking of applying to OCBC in the coming weeks and months, its Q1 financial results provide some helpful insights into jobs and careers at the bank. Earlier this week, OCBC posted a 29%...
View ArticleDBS Private Bank SE Asia head: why we’re boosting headcount by 20%
DBS Private Bank plans to increase its headcount of relationship managers by 20% by the end of 2018 as client demand for its services surges, says one of its most senior bankers. The division currently...
View ArticleMorning Coffee: Banks hire senior equities traders as pay in the sector...
Forget MiFID II: 2018 is turning out to be a very good year to work in equities sales and trading. After revenues rose by anything from 18% (UBS) to 38% (Citi, BofA, Goldman Sachs) year-on-year in the...
View ArticleRichard Branson’s new private equity firm to add headcount in London and the...
London-based Metric Capital Partners is going to give Virgin billionaire Richard Branson some additional help. The private equity firm, which will be co-managing Branson’s planned $600m fund, plans to...
View ArticleBerenberg hired a senior equities trader from Deutsche Bank in London
The equities hiring rush continues apace. Berenberg, the German bank which plans to add 100 people in London over the next two years, is capitalising on the uncertainty at Deutsche Bank: it just hired...
View ArticleNever accept a counter offer from a bank. Especially if you’re a woman
You want to leave your banking job for something better? There’s a strong chance you’ll get counter-offered. If you do: don’t accept. And if you’re a woman, steer particularly clear. I’m a banking...
View ArticleThe outlook for traders (and trading bonuses) just got worse
The first three months of 2018 belonged to Wall Street traders, despite news continuing to trickle in about their eventual demise. Most every U.S. bank saw substantial upticks in equities and fixed...
View ArticleBAML London staff nervous about Dublin after observing Chester
Do you work for Bank of America in London? Are you in finance, risk, compliance, technology, operations, or…wholesale credit? If so, you may be one of the 125 people being shunted to Dublin from July....
View ArticleStandard Chartered hires for key team in Hong Kong and Singapore
Standard Chartered has made two senior hires in wealth management ‘transformation’ in Asia, as it continues its efforts to bolster its private bank. Last month, Claudia Loh joined as an executive...
View Article“I’m a senior Singapore banker, but I have coffee with every 20-something who...
I work for a bank in Singapore that’s been, to put it politely, “restructuring” recently. We are experiencing a high degree of “turnover” – plenty of people (especially at the senior end) have left,...
View ArticleMorning Coffee: The curious thing about Ashok Varadhan, head of GS’...
Now that ex-co-heads of the securities division Isabelle Ealet and Pablo Salame have left Goldman Sachs, there is but one man in charge of Goldman’s entire sales and trading operations globally. That...
View ArticleOne of the women Goldman Sachs promoted to MD in November resigned
Female managing directors (MDs) are a comparative rarity in investment banks. When Goldman announced its bumper list of MD promotions in November 2017, just 24% of the 509 names were women. You might...
View ArticleThe real reason analysts should still leave investment banks after just two...
Goldman Sachs made headlines in 2012 when it announced that it was ending its strict two-year analyst program. Goldman said at the time that the move was meant to “emphasize the longer-term career...
View ArticleCredit Agricole hooked ING’s head of high yield trading in London
With Brexit approaching and Thomson Reuters shifting its FX derivatives trading operation out of London and into Dublin, it’s worth noting that plenty of European banks not only still base their...
View ArticleBonfire of Barclays credit MDs in London
Barclays has done it again. After letting go of 100 directors and managing directors from its investment bank in January, insiders say it’s just taken an axe to its European credit trading team. Four...
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