Morning Coffee: Bill Gross’ Trump reality check. Goldman Sachs banker’s...
Bill Gross didn’t vote for Trump or Clinton, but he’s got a message for anyone thinking this post-Trump market surge is the new normal – it won’t last. “There is no new Trump bull market in the offing....
View ArticleRBS credit traders leave after less than a year in the role
Royal Bank of Scotland’s recruitment in fixed income trading last year appears to have been a short-lived thing. At least two of the senior traders recruited around this time last year have departed...
View ArticleFive senior investment bankers at Nomura in the U.S. have just jumped to...
Nomura’s U.S. operation flip-flops between expansion and contraction. Most recently, it said it’s hiring, but this follows a series of layoffs already in 2016. Senior investment bankers are leaving...
View ArticleThe charts European banks on Wall Street would like to hide
Before you join a European bank on Wall Street, you might want to consult the charts below. They’re from Deutsche Bank and they’re not pretty. Basically, they say that some European banks in the U.S....
View ArticleNomura’s ex-head of equity trading reemerges as risk manager
It’s happened before and it will happen again. People who once worked in trading are finding new trading jobs hard to come by and taking one of the more plentiful jobs in risk management. The latest to...
View ArticleThese are the best investment banks to work for in the U.S. by sector
The U.S. is a competitive arena for investment banks, and the revenue leader-board shifts from quarter to quarter and year to year. It also varies drastically from one sector to another, and while...
View ArticleLife at a Chinese bank in Hong Kong: “I don’t do deals; I write boring...
Chinese banks have been hiring people laid off by global firms in Hong Kong this year. But if you’re thinking of moving to a mainland player, don’t except an easy transition – working hours are tough...
View Article“I recruit for a big bank in Singapore. This is what the job market is really...
I spend my working hours recruiting for an American bank in Singapore. My job involves talking to my HR colleagues, to hiring managers, to candidates from other banks, to agency recruiters who want my...
View ArticleMorning Coffee: J.P. Morgan’s New York office infiltrated by stupid juniors....
If you thought the Asian princelings scandal at J.P. Morgan was all about Asia, you were wrong. Highly placed Chinese government officials and clients don’t want their children to work in Shanghai....
View ArticleFormer Citigroup futures head is now CEO at Bank of England-backed fintech firm
John McPherson, the former European head of listed derivatives at Citigroup, who left the role after just a couple of months in June 2015 has been out of the market since. He’s now just re-emerged as...
View ArticleHow to succeed as a trader on the buy-side, by Schroders’ ex-head of fixed...
Nick Robinson knows about trading on the buy-side. Until he left in June this year, he headed up Schroders fixed income trading function for more than 23 years. During that time, trading underwent a...
View ArticleGoldman Sachs’ Brexit expectations don’t bode well for London banking jobs
How many London banking jobs will disappear after Brexit? Will it be 83,000 as predicted in the ‘private report’ from EY this week? Will it be up to 75,000, as predicted by Oliver Wyman? Or will it be...
View Article9 reasons for Trump and Brexit, by Deutsche Bank
It’s interview season in investment banks. Now’s the time when students are grilled about why they want to work in finance and what they think is going on in the world. What can those students say when...
View ArticleMorning Coffee: Unlikely candidate for the easiest, most prestigious job in...
Anecdotally, working for a hedge fund is not easy. Many hedge funds are nursing losses after betting that Hillary would win. Those that aren’t are struggling to justify their existence in a world where...
View ArticleSeven new hedge funds and private equity firms that could hire you
New hedge funds, fund managers and private equity firms are starting out in London in spite of the Brexit vote. These are our pick of the companies to receive authorisation from the Financial Conduct...
View ArticleEx-Goldman Sachs YouTuber gets job at top UK hedge fund
Remember Jess Greenberg? The former Goldman Sachs summer analyst with a lucrative sideline working her assets on her YouTube channel with 1.2m (mostly male) subscribers? She hasn’t eschewed finance for...
View ArticleThe former CTO of the world’s largest hedge fund is now a private jet pilot
The former chief technology officer at Bridgewater Associates, who left the world’s largest hedge fund in 2015, has just embarked on a new career as an airline pilot. Jud Brandt, who worked as chief...
View ArticleWhy London technologists might prefer Facebook and Google to banks
Facebook and Google are going all out for London technology talent. Facebook announced today that it plans to hire 500 more people in London, bringing the total number of employees in its...
View Article13 things you didn’t know about Michael Sherwood, who has just quit Goldman...
Michael Sherwood, vice-chairman and co-CEO of Goldman Sachs international in London is leaving. Sherwood joined Goldman Sachs when he was just 20 and was made head of debt syndicate three years later....
View ArticleWhat do restructuring bankers do? A Rothschild director responds
So, you want to work in an advisory role in an investment bank? You’ve probably thought about M&A, but have you thought about restructuring? If M&A bankers are the builders above ground,...
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