Shenzhen-Hong Kong Stock Connect: what it means for your banking job
It’s been a long wait, but today Shenzhen-Hong Kong Stock Connect has finally arrived – and it could trigger another boom in research analyst jobs at global banks in Hong Kong. When a similar programme...
View ArticleRisky business: rogue traders and the road to ruin
Kweku Adoboli is just the latest in a long line of City traders convicted of fraud. How do they justify their actions – and can it be prevented? In the summer of 2002, a computer science and management...
View ArticleMorning Coffee: Doctor summoned as Goldman Sachs analyst has 2.30am collapse....
In theory, banks are reformed employers. Since the death of intern Moritz Erhardt in 2013, most have imposed limitations on junior bankers’ working hours and tried to make the job of analysts less...
View ArticleBank of America Merrill Lynch M&A star goes it alone with corporate finance...
A star investment banker at Bank of America Merrill Lynch, who left the bank in July, has now started his own corporate finance boutique based in the Wiltshire town of Salisbury. Peter Bell, the former...
View ArticleCredit Suisse’s crippling cost squeeze, shown in charts by Deutsche Bank
It’s not over at Credit Suisse. The Swiss bank’s investor day is coming on Wednesday. Another round of cost cutting at the bank’s global markets business is expected. If you work at Credit Suisse, cost...
View ArticleFormer head of equities trading becomes pub landlord
If you’re in the UK and passing the town of Westerham in Kent, you might want to check out the Fox and Hounds pub on Toys Hill. There you will find Tim Harvey, proprietor and former senior equities...
View ArticleTop hedge fund warns desperate applicants of recruitment scam
How much do you want to work for a top hedge fund? Enough to pay thousands of pounds for the privilege? If so, you’re in danger of getting scammed. BlueBay Asset Management, the fixed income hedge fund...
View ArticleVeteran Asian trader leaves RBC Capital Markets
RBC Capital Markets has lost its head of Asian credit and convertible strategies. Steven Ng, a Hong Kong-based managing director within the bank’s proprietary trading group, left in November. He...
View ArticleThe new expat invasion: why more French bankers are moving to Hong Kong
It’s supposedly been a year of job cuts and expensive expat bankers buying one-way plane tickets back home. But no one told that to the French finance professionals still coming to Hong Kong. There are...
View ArticleMorning Coffee: The weirdest graduate hire at PWC. Nepotism at Goldman Sachs?
Investment banks are conservative when it comes to hiring university students. They might say they like hiring liberal arts graduates, but our own research suggests otherwise: they really like to hire...
View ArticleWhy banks avoid Paris and Frankfurt: two charts
Thanks to Brexit, investment banks have that been based in the City of London for decades are looking at alternatives. UBS and Citigroup are both choosing Frankfurt. Goldman Sachs was rumoured to be...
View ArticleCredit Suisse just made a major hire for its hottest new division in New York
Credit Suisse’s investment banking division is now taking a back seat to its wealth management division. If you want to excel as an investment banker at Credit Suisse, it therefore helps to understand...
View Article10 hedge funds that run graduate training programs, and who they hire
So you want to leave university/college and work for a hedge fund? Not long ago, this wasn’t possible: hedge funds only hired people who’d been through banks‘ sales and trading graduate programmes. Now...
View ArticleA career as a “vulture investor” is great, says this hedge fund manager
Are you a current or aspiring hedge fund professional interested in exploiting opportunities in distressed securities by investing in companies undergoing restructuring? But are you hung up on the...
View ArticleThese students have already accepted offers to join private equity firms next...
Many students in the class of 2017 are still scrambling to secure a job for after they graduate in May, but this may be too late. Private equity firms have already extended offers to students set to...
View ArticleA Goldman Sachs MD quit for a 12 month residency at Google Brain
If you’re a managing director at Goldman Sachs with a reasonable chance of making partner, why would you leave? Most people in finance would be intensely thrilled to get a sniff at a Goldman...
View ArticleFinance recruiters in Asia are getting pushier: here’s how to cope
You meet a recruiter about a new Asian banking job but you instead spend much of the appointment being grilled about your colleagues and your bank. That scenario is becoming increasingly common. The...
View Article“I work in Hong Kong banking consultancy. But I’m also a stand-up comic”
After more than four years at UBS and 16 months at Oliver Wyman, Benjamin Quinlan decided to take a break from his Hong Kong-based banking and consulting career. But this isn’t another story of a...
View ArticleMorning Coffee: Trump’s early Christmas present for traders. How to quit...
At what point will large investment banks actually start to hire for their fixed income currencies and commodities teams again? After all, a solid Q3 was largely characterised by boasts about how banks...
View ArticleCFA or MBA: Which is best for a finance career?
If you’re starting out in a finance career, or trying to move up, there’s a perennial debate that needs addressing – do you take the Chartered Financial Analyst qualification or embark on an MBA (or do...
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