How to get through 100-hour weeks as a boutique IB analyst
Some boutique investment banks on Wall Street have the reputation of being “sweatshops”. As an analyst who worked as a boutique, I can tell you that you’ll have to work 80, or even 100, hours a week...
View ArticleBarclays just hired a managing director to automate and offshore everything
Tim Throsby, the new boss of Barclays’ investment bank, has been about since the start of this year. So, is Throsby behind Barclays’ recent appointment of one of banking’s big beasts in automation and...
View ArticleThis Blockchain start up has big hiring plans, and has just recruited an MD...
Adam Leonard, the founder and CEO of blockchain-based fintech start BlockEx, has a plan to expand aggressively by adding headcount across three continents. His most recent move was to add a veteran...
View ArticleSenior trader rejoins BNP Paribas in Hong Kong just months after equities job...
Less than a year after cutting back its cash equities unit in Asia, BNP Paribas has made a senior hire in the sector. Antony Chiu rejoined the French bank in Hong Kong in January as a director and...
View ArticleHow to get a banking job in Asia if you don’t already work in banking
If you don’t work in banking but would like to get a banking job in Singapore or Hong Kong your options are obviously rather limited. Banks like to groom their own graduate talent or poach from rivals...
View ArticleMorning Coffee: How Goldman Sachs gets its people to talk to each other. J.P....
Goldman Sachs is to teamwork as Donald Trump is to tall towers: the two things are usually considered inseparable. Even so, sometimes even the most team-oriented organization needs a tweak to avoid the...
View ArticleBrevan Howard turns to J.P. Morgan for new macro hire
Brevan Howard has been losing and laying off portfolio managers on its struggling global macro fund. However, it’s just turned to J.P. Morgan’s chief investment office (CIO) for a new hire. Michael...
View ArticleBerenberg sets its sights on aggressive U.S. recruitment after London build-out
Berenberg has rolled out a consistent message over the past two years – we are hiring. While larger investment banks have cut back headcount, the small German bank has been happy to raid the ranks of...
View ArticleThe 8 kinds of people private equity needs to hire now
If you work in an investment banking division (IBD), you probably want to work for a private equity fund. You’re not the only one. Recruiters talk of huge numbers of people chasing every private equity...
View Article“If you want to make it to managing director on the trading floor, this is...
By now, most people will have received their bonus, and as a former managing director in sales at Nomura, this time of year always draws me back to awkward conversations I had with some of the people I...
View ArticleBanks just can’t find enough cyber-security talent
Banks are desperate to hire cyber-security professionals and a shortage of talent means they’re looking outside of the financial services industry. Goldman Sachs turned to the White House for its new...
View ArticleIs Bill Winters failing to deliver at Standard Chartered’s investment bank?
This June, Bill Winters will have been CEO of Standard Chartered for two years. During that time, the ex head of J.P. Morgan’s markets division has made some big changes to the corporate and investment...
View ArticleBank that said it would downsize in the UK after Brexit makes major new hires...
An emerging markets focused bank, which is considering moving business out of the UK after Brexit, has just poached senior bankers from both Deutsche Bank and J.P. Morgan in London. Russian investment...
View Article“I’m an MD in an investment bank. 21 year-olds have no interest in me”
Banking isn’t sexy any more. It’s a cliché, but as with all clichés it’s absolutely true. I’ve spent 14 years working in finance in NYC, latterly as a managing director. I’ve experienced the growing...
View Article“Singapore bankers change jobs for crazy reasons. You’re better off staying put”
I work in the HR team at a large US bank in Singapore. As you might imagine, although the job market isn’t exactly red hot, this is still a comparatively busy time of the year for me. During the bonus...
View ArticleI was a “terrible” student, but made MD at UBS. Now I teach junior bankers...
When former UBS managing director Eric Sim was 14 he failed critical maths and English exams at his high school in Singapore. Sim may have been a self-described “terrible student” as a teenager, but...
View ArticleMorning Coffee: European banks’ bonus illusion. You work 33% harder in...
Working at a European investment bank might seem like a cross to bear right now. After all, they’re losing business to their U.S. contemporaries and most have slashed their bonus pools to the bone this...
View ArticleCaxton Associates is one of the few hedge funds expanding in London
Discretionary hedge funds are reeling from poor performance, pressure to cut fees and the rising tide of quant funds. Most are more likely to be firing than hiring, but Caxton Associates is one of the...
View ArticleThe dirty truth about the hottest job in finance
Data science jobs in investment banks are the new hot thing. J.P. Morgan’s got a chief data science office. So does Morgan Stanley. So does Deutsche Bank. Banks that once wanted traders and salespeople...
View ArticleThe worst job interview questions Wall Street hiring managers ask – and how...
If you’re interviewing for an investment banking job, expect some curveball questions. Most Wall Street firms have pulled back from the so-called trick questions, but some questions can be be just...
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