Don’t expect a Hong Kong banking job to open up for you in Q1, warn headhunters
The first quarter is supposed to be a time when investment banks ramp up their recruitment to replace front-office staff who leave after collecting bonuses. But headhunters in Hong Kong are already...
View ArticleHere’s where you CAN still get a banking job in Singapore now
Western banks in Singapore have become better known for firing rather than hiring in 2016. The year has so far been bookended big front-office job cuts at Barclays (in early January) and Goldman Sachs...
View ArticleMorning Coffee: The mystery of the schmoozing $32m banker conman. The great...
As any senior banker knows, networking is key to making the right connections and progressing up the ranks. Avery Stone was a master schmoozer and knew just about every senior financier in Hong Kong –...
View ArticleTop banking recruiters’ insights into London hiring in 2017
What are your chances of finding a new front office banking job next year? We asked seven senior London banking recruiters for their perspectives on the market. This is what they said… 1. The...
View ArticleCiti’s head of IG credit sales has just joined a small player in London
John Ream, the former head of IG credit sales at Citigroup, has just joined Stifel Financial as a managing director in London. Ream left Citigroup in April after more than 12 years at the bank. He has...
View ArticleSeven interview questions millennials will always be asked
Grouping together millennials into one homogenous mass inevitably leads to stereotypes about the characteristics of the generation born between the early 1980s and late 90s, but the fact remains that...
View ArticleParanoia at Barclays, moves at MUFJ as Brexit effects begin
And so it begins. Even though UBS’s Sergio Ermotti said last week that it would be “very risky” to relocate staff to Europe before the outcome of Brexit negotiations is clear, someone has made a move:...
View Article11 habits of highly successful investment bankers
If you make it to managing director in investment banking, the pressure really starts. Not only are your revenue targets much higher, but you have to navigate an increasingly political environment and...
View ArticleChaos at Credit Suisse as trader hired in August let go in October
There is upset at Credit Suisse in London. As the Swiss bank implements CEO Tidjane Thiam’s ever more aggressive cost cutting programme, people who’ve only just been hired are being let go. Equity...
View ArticleWhat I wish I knew before I left Goldman Sachs at 35
York Zucchi used to work in investment banks. Between 1999 and 2007, he held a succession of roles at a succession of places, culminating in “strategic leads management” at Goldman Sachs. And since...
View ArticleHere’s how Asian bankers can avoid post-merger career meltdown
It’s been a year of takeovers and turmoil if you work in Asian private banking. DBS is buying ANZ’s Asian wealth unit, OCBC is doing the same with Barclays, and UBP has already acquired Coutts’...
View ArticleEight Indian investment bankers in Singapore you need to know about
Indian talent has been at the forefront of Singapore’s finance sector for the past 20 years. Banks in Singapore have turned to the subcontinent to plug skill shortages in technology and to help expand...
View ArticleMorning Coffee: J.P. Morgan shakes up its equities teams. Millennials switch...
J.P. Morgan is ranked first across IBD and fixed income currencies and commodities. But only second in equities. This is clearly unacceptable. The team has been shaken up. In recent months, since Tim...
View ArticleCredit Suisse just aced Goldman Sachs, but there are issues
Goldman Sachs is having problems in Asia. In the first six months of this year, revenues at Goldman’s Asian business were reportedly down 70%, promoting Goldman to ponder cutting 30% of its Asian...
View Article“I left my MD job at Citi to advise bank CEOs on technology. Here’s how to...
Huy Nguyen Trieu would like to point out that he’s not just another investment banker quitting for fintech. The former head of macro structuring at Citigroup in London left the industry in June to...
View ArticleThe chart telling you to become a trader at a French bank
You’re a fixed income trader? Get yourself to Morgan Stanley, Goldman Sachs or J.P. Morgan. Failing that, go to SocGen, or BNP Paribas. Now that results to most major banks are out for the third...
View ArticleSocGen’s head of EMEA equity derivatives now running real estate agency
It’s a bad year to work in European equity derivatives. Just look at Credit Suisse, which blamed its worst quarterly equities results in ten years partly on its European derivatives travails. Not...
View Article8,000 jobs will leave London for Frankfurt after Brexit. This is what you’ll...
The UK government has to vote in parliament to get Brexit over the line. Whether this will result in a reversal of the EU referendum result remains to be seen. The Labour Party is still in favour...
View Article9 people who’ll be on the 2016 Goldman Sachs partner list (we suspect)
Any day now, it will occur: Goldman Sachs will announce its latest list of partner promotions. Plenty of partners have left Goldman in the past 12 months, so in theory there should be plenty of people...
View ArticleInvestment banking versus wealth management: Which pays the most?
Over the years, many students and recent graduates looking to enter financial services debate whether they should go for investment banking or wealth management. There are also plenty of examples of an...
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