Hedge fund ExodusPoint is still hiring hard, and has started adding juniors
It may not exactly have prompted the outflow of people from Millennium Capital Management that some expected, but hedge fund ExodusPoint is nonetheless spurring movement in London and New York as the...
View ArticleDisillusioned ex-J.P. Morgan analyst is helping young bankers find homes
Three years ago, Denzel Matsaudza was an intern at J.P. Morgan in London. As part of the team in investor operations services, he worked on client fund accounting. When the internship ended, Matsaudza...
View Article“Bankers in Singapore obsessed with pay rises – it’s different in Hong Kong”
I’ve read countless surveys about why banking professionals change jobs, and the typical reasons always crop up: better work-life balance at the new firm, a big step-up in rank and responsibility etc...
View ArticleMorning Coffee: Why you waste your 20s working 70+ hour weeks in banking – or...
Brutally-long working hours may not be the chief reason many junior bankers burnout, even if that’s their own belief. Rather, it’s the intensity of the work that takes more of a physical and mental...
View ArticleReturn of the structurer as Barclays makes a major hire from Goldman Sachs
After years in the deep freeze, structurers are suddenly basking in the warmth of a preternatural hiring wave: they’re hot all over again. The latest manifestation of structurers’ desirability is on...
View ArticleThe IQ test you may have to pass if you want to work for a hedge fund
Faced with a growing number of junior applicants, banks, hedge funds and other financial firms have begun relying more on technology to help pare down the thousands of interested students to a...
View ArticleHere’s how much you really earn as an MD at Credit Suisse and UBS in London
Do you really earn less money working for a European than for a U.S. bank in London? Popular opinion would have it that you do. But popular opinion may be wrong: our analysis suggests that if the...
View ArticleHow did they get that job? The seven most surprising new hires in Asian banking
The banking job market in Singapore and Hong Kong isn’t exactly booming at the moment. Banks are typically able to hire candidates who are a clear match for the job. But not always. Agency recruiters...
View ArticleMorning Coffee: Goldman Sachs’ new-old way of cutting staff costs. Would you...
if you’re working on Wall Street, how far from the physical Wall Street can you actually be? According to an article in Business Insider today, Goldman Sachs reckons that the definition of the...
View ArticleJ.P. Morgan and Goldman Sachs are adding algo-trading VPs
Structurers aside, one type of finance professional is particularly popular this year: the systematic or algorithmic (algo) trader. Whether it’s to work on the central risk book or creating algos for...
View ArticleThe unexpected investment bank that offers the best work-life balance
If you want to work at an investment bank that carries plenty of clout within the industry, the usual suspects will be your best bet. For the fourth year running, Goldman Sachs, Morgan Stanley and J.P....
View ArticleBank by bank, here’s where the hiring and firing will happen now
Bank by bank, this is what’s happening this summer – and what will ensue as summer draws to an end. ABN AMRO From hiring to firing: This time last year, ABN Amro was busy letting everyone know that it...
View Article“Working in Asian corporate banking is brilliant – and not just because it’s...
I’m an associate-level corporate banker at a big European firm in Singapore and – unlike a lot of people in financial services – I genuinely like my job. Not every day, of course, but overall I feel...
View ArticleIt looks like most banks had a terrible July
Traders and investment bankers that celebrated impressive second quarters at most banks may want to put the cork back in the bottle. July was a very slow month. Within investment banking, equity and...
View ArticleMorning Coffee: The big bad dark cloud hanging over Barclays. Terrible fate...
As we noted in yesterday’s big roundup of banks’ hiring and firing intentions for 2018, Barclays looks like the place to get a new job now. The British bank has added 30 managing directors to its...
View ArticleMeet the trading star who just made associate at Goldman Sachs, aged 20
If you’re good at Goldman Sachs, you will get promoted fast and you will get promoted early. – The archetype is Kunal Shah, the Goldman Sachs macro trader who joined the firm aged 21 and became partner...
View ArticleBarclays said to make three major equities trading hires in the U.S.
The hiring is still coming thick and fast at Barclays. Fresh from recruiting a team of five equity research analysts from SocGen in London, the British bank is understood to have hired three equities...
View ArticleThe investment banks with the best vacation policies
For most prospective investment bankers, paid time off (PTO) isn’t likely a key factor in deciding between firms. But once the job starts and the long hours begin adding up, a bank’s vacation policy...
View ArticleHow soon really before you become an associate at a U.S. bank? Well…
Theoretically, it’s become much quicker to get off the bottom rung in an investment bank. Ever since UBS and Citi first began promoting their analysts to associate after two years instead of three,...
View ArticleHeadcount at Singapore banks surges by 4,541 in tech hiring binge
There are now 4,541 more people working for Singapore’s local banks – DBS, OCBC and UOB – than there were just a year ago. The surge has been fuelled by technology hiring and DBS taking on former ANZ...
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