It’s become a lot more likely that banks will cut front office jobs in the...
If you’re hoping to keep your front office banking job throughout 2018, and to avoid losing your seat before bonuses are paid early next year, you might want to avert your eyes from the latest note...
View ArticleThe ex-banking quants bringing machine learning to the finance elite
It’s earlyish on a Tuesday morning in a room off the ‘buttery’ (read dining hall) at Oxford’s illustrious Christchurch College. Paul Bilokon, a former quant at Citi, Nomura and Deutsche Bank-turned...
View ArticleBanks in Hong Kong and Singapore hiring for this newly hot job
Corporate and private banks in Hong Kong and Singapore aren’t just hiring relationship managers; the people who develop the products that RMs sell are also becoming increasingly sought after. Product...
View ArticleI left my job for family but Morgan Stanley’s Return to Work program helped...
How do you overcome the fear and anxiety of returning to work after 7 years away? For Ivy Yu, it was about finding a company committed to helping her build back her professional and personal...
View ArticleMorning Coffee: The easy-access, highly safe, fairly lucrative, very boring...
Forget front office jobs in investment banks. Not only do you have next to no chance of getting one, but its attainment may require spending huge amounts of money on a qualification like an MBA or...
View ArticleThe best coding languages to learn for traders in banks, hedge funds and HFT...
Trading has changed a lot. In the past pit traders had to have a loud voice, sharp elbows, and the ability to do arithmetical calculations in their heads at lightning speed; perhaps with some help from...
View ArticleBanks are hiking pay to stop the exodus of juniors from IBD
If you’re an analyst or associate in an investment bank, it seems that your pay is rising. Juniors are leaving banking in such large numbers, that banks are having to pull their main lever...
View Article“Deutsche Bank’s travel restrictions make no sense whatsoever”
Summer is over and here at Deutsche Bank, it’s back to work with a vengeance. After the uncertainties and cuts of the summer, we’re all here ready to get out there and bring in business. Except. Except...
View Article“The images and feelings of 9/11 remain branded on my mind”
It’s been long years since the planes came in and changed the landscape of lower Manhattan forever; long years since two commercial passenger airliners were turned into weapons of mass destruction by a...
View ArticleWhy bankers in Asia don’t like their jobs
When not out lunching or golfing, private bankers in Singapore and Hong Kong should – in theory – be counting their blessings. Theirs is an industry underpinned by surging Asian private wealth, which...
View ArticleSome of Hong Kong’s top trading jobs are not where you might expect
Hong Kong’s banking technology hiring boom comes with a caveat – many of the jobs are on the retail side. But if payment apps aren’t your thing, you might want to apply to Societe General as it expands...
View ArticleMorning Coffee: Is there a dubious back door into a front office job at...
It’s the most controversial of investment banks’ hiring practices, and in some cases can even be considered to be a felony – the giving of special treatment to potential applicants because they are the...
View ArticleAged 27 in IBD, you should be earning £260k ($325k)
Lest there were ever any uncertainty about the uncanny appeal of investment banking careers to hundreds of thousands of students globally, the latest London investment banking division (IBD) salary and...
View ArticlePerella Weinberg’s princely London pay packages
Is it worth leaving a large investment bank for a boutique? Yes, if that boutique is Perella Weinberg. The M&A-focused bank has just released its UK accounts for the year ending the 31st December...
View ArticleThe ancient technology pitting ‘dinosaurs’ against young banking engineers
In 2014, French software engineer Bertrand Besnard referred to COBOL as a “nuisance” and “something everyone wants to get rid of.” He then went on to urge fellow software engineers to learn the...
View ArticleAnother Deutsche Bank FX MD joined Barclays
For senior bankers leaving Deutsche Bank, Barclays is becoming a destination of choice. The British bank has just hired yet another senior person from its German rival. Jeremy Monnier, the former...
View ArticleBeware the toxic and ambitious directors in investment banks
I am writing this story as a warning. A warning about what can happen when you hire the wrong person into a mid-ranking job in an investment bank. This didn’t happen at Goldman Sachs (I worked for...
View ArticleEverything you need to know about working in regulatory technology
While jobs in compliance and risk management aren’t known to be the most exciting positions in banking, those tasked with automating these regulatory processes are working on some of the most...
View ArticleFrom DBS to UBS: the heads of tech you need to know in Singapore banking
Whether their focus is cyber security or machine learning, most global and local banks in Singapore are ramping up their technology recruitment. But who are the senior managers in charge of banks’...
View ArticleMorning Coffee: New misery for analysts, associates and VPs at Deutsche Bank....
Pity the analysts, associates and vice presidents in Deutsche Bank’s investment banking division (IBD). As of yesterday it seems they’ll be restricted to the proverbial ‘bullpen’ writing financial...
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