“Believe me, investment banking is so much better than a start-up for...
If you’re young and academically bright, you believe that you can do anything. For a lot of students and junior investment bankers, this means quitting and starting up your own firm. You see the likes...
View ArticleThe Morgan Stanley and Oliver Wyman guide to holding onto your banking job
They’re over. The hard years of zero revenue growth and terrible returns and constant cutting are coming to an end. This year’s big ‘Blue Paper’ banking report from analysts at Morgan Stanley and...
View Article“This is why I left J.P. Morgan’s tech team”
Vanessa Menendez-Covelo used to work for a bank. She used to work as a developer in risk technology for J.P. Morgan in London. She worked there for nearly five years and before that she spent a similar...
View ArticleMeet two big new Q1 hires at Singapore banks
Singapore banks DBS and UOB have both made significant new hires during the post-bonus recruitment season this quarter. In a buy-side to sell-side move, UOB has appointed senior asset manager Aaron Tay...
View ArticleSeven Hong Kong banking jobs that all pay over $2m a year
In which jobs will you earn the highest base salaries in Hong Kong banking? And how much will you actually get paid when you reach the senior ranks in these roles? To find out, we averaged out...
View Article“I returned to my bank after parental leave and was offered a promotion”
When Soraya Alali returned from parental leave in 2010 she asked her employer, Commonwealth Bank, whether she could work part-time. Not only did the bank fully support her request for flexible work...
View ArticleMorning Coffee: When 20-something bankers decide it’s not worth it. Rich...
Credit Suisse couldn’t have paid its investment bankers any more without going into the red. Costs ate up 99.2% of revenues within its global markets division in 2016. Seemingly, the bank came good on...
View ArticleSenior M&A bankers have been leaving Deutsche Bank and Barclays
Now that the no-show 2016 bonuses have hit bank accounts, senior M&A bankers are departing banks across the City, even if they have no new jobs to go to. Not surprisingly, one of the exits has been...
View ArticleWhat’s really going on with pay at Deutsche Bank
Make no mistake: pay at Deutsche Bank has been a disappointment. In its annual compensation report, which is out today, Deutsche confirms the 77% reduction in the bonus pool for 2016. Perversely, it...
View ArticleMid-ranking Goldman banker resurfaces at BNP Paribas
One of Goldman Sachs executive directors has been hired by BNP Paribas after five months out of the market. Emerging markets structurer Louis Fourie left Goldman Sachs in October 2016 and just...
View ArticleHow machine learning will eat your finance job – and how to survive
Artificial intelligence is picking up pace in financial services and the effect on jobs could be devastating. 230,000 jobs could disappear by 2025, according to research from consulting firm Opimus,...
View ArticleJefferies bolsters energy banking team by hiring MD from BNP Paribas
Jefferies is hiring senior investment bankers in the U.S. and has continued this trend by brining in John Bills as a managing director in the power, utilities and renewables group in the bank’s New...
View ArticleThe best and worst ways to sign off a work email
You don’t want to lose sleep over the valediction on your work email, but it does matter. It’s your parting shot. It’s also your chance to be a little personal. So, what’s the strongest way to...
View ArticleWhat to ask in interviews with European banks, by Deutsche Bank
In theory, it’s hiring season in the wild world of investment banks. In reality, some people are indeed moving, and they’re moving to European banks. It’s so fortunate, therefore, that Deutsche Bank’s...
View ArticleSix huge career problems now plaguing VPs at banks in Asia
Vice presidents at investment banks in Hong Kong and Singapore are, in theory, well placed in the current job market. Banks continue to hand them extra work as they trim more senior jobs. And because...
View Article“Stranded” Asian bankers swamp recruiters with resumes after awful bonuses
Recruiters in Hong Kong and Singapore say they are swamped with CVs this quarter as more banking professionals seek to switch jobs following poor bonus payments. A new survey from recruitment firm...
View ArticleMorning Coffee: Goldman Sachs analyst saved miserable $4.5k a year. Top hedge...
If you get an analyst job at Goldman Sachs you’ll be able to save a lot of money, maybe pay down the debts generated by your education, save for a deposit for a house. Right? Err, not necessarily. When...
View ArticleTD Securities continues 2017 Singapore hiring drive
TD Securities Asia-Pacific, the wholesale division of Toronto-Dominion Bank, was actively recruiting in Singapore last year. As other banks in the Republic cut jobs or froze hiring, TD Securities added...
View ArticleSix new hedge funds, private equity companies and boutiques launching in London
Even as the UK government is poised to pull the trigger on Article 50, new hedge funds, private equity firms and boutiques are launching in London. Here’s our pick of the new companies launched in the...
View ArticleGoldman Sachs needs a lot more MDs in Frankfurt
Will it be Frankfurt? Will it be Paris? As Theresa May prepares to push the button on Article 50, banks are preparing to push the button on Brexit contingency plans. Richard Gnodde, chief executive of...
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