Citadel has poached another Morgan Stanley chief information officer
How many former Morgan Stanley chief information officers does one firm need? Fresh from hiring Steve Lieblich, Citadel LLC has just poached another senior technologist from the bank. Gil Shaked, a...
View ArticleThis is how much you should earn as an investment banker in your 20s, 30s and...
Former bankers who’ve left the industry have taken to issuing warnings to 20-something students who are thinking of joining. Banking is boring, they say. The learning curve is steeper elsewhere. The...
View ArticleHow to sail through a compliance job interview in banking
If you work in compliance right now you probably consider yourself able to find a new role almost at will. But while compliance professionals remain in demand, despite the advance of regulatory...
View ArticleWhat you need to know about investment banking jobs in HK, SG and Aus
Investment bankers across Asia Pacific are entering an uncertain job market as they look for new opportunities now that bonuses have been paid out. Job cuts in APAC investment banking may be less...
View ArticleMorning Coffee: How investment bankers handle the trauma of being fired. Can...
Investment bankers, unless they’re very lucky, will at some point their career be fired. Banks clear out under-performers every year, juniors can lose their jobs in the first year, or even the first...
View ArticleThe hottest junior investment banking job, with the most escape routes
Investment banks have to work harder to hold on to their junior bankers who focus on technology deals. Tech juniors are being targeted by a range of companies and are ditching banking after only a few...
View ArticleForget UBS and Barclays. Europe’s finest traders are quietly killing it
Should you do lots of things ‘ok’, or one thing very, very well? It’s a question that UBS and Barclays might ask themselves in light of today’s first quarter results. Both banks had a superb quarter in...
View ArticleHow Macquarie enables its employees to manage life’s challenges
Most financial services firms are not known for offering flexible work arrangements, but Macquarie Group is, helping employees achieve work-life balance and spend more time with what’s important to...
View ArticleThe 120,000 quants competing for Steve Cohen’s money still don’t want to work...
The rise of the DIY quant conjures up images of pony-tailed nerds coding out of their mother’s basement for the vague prospect of winning some prize money. In fact, most are professionals in a range of...
View ArticleRichard Gnodde said something important about Goldman’s trading jobs after...
Richard Gnodde, chief executive of Goldman Sachs International, has released a podcast on the state of play at Goldman with regards to Brexit. It supesedes his previous assurances last month that...
View ArticleI left behind my career in banking, PE and the Big Four for a social media...
I remember trying to reassure myself as I walked out the doors of my swanky Madison Avenue and 42nd Street office: “Just breathe! Don’t worry; it will be okay!” It was my last day of work at Jones Lang...
View ArticleThe worst treated group of people in all of finance? Or the best?
European banks have got a new bete noir. It’s not the “ugly ducklings” of Tidjane Thiam’s nightmares, it’s their contractors. That legion of hired guns on £500+ ($647) a day who work on short projects...
View ArticleWhat senior bankers say, and what senior bankers mean
When you work in banking, you need to understand the vernacular. Banking has its own code language and its own culture and the bosses are known to be passive aggressive. This means they might say one...
View ArticleThe recent fixed income party won’t stop investment banks’ FICC desks shrinking
Last month, the U.S. federal reserve raised interest rates for the second time in three months, the first of three rate hikes expected in 2017. While other markets — Japan, Europe and Canada — are...
View ArticleWhy 30 and 40-something bankers in Asia aren’t getting jobs
The spate of redundancies at global banks in Asia over the past year – from i-bankers at Goldman Sachs to technologists at Barclays – had one common characteristic: senior employees were...
View ArticleCareer dev tips from ex-Fidelity analyst, current CLS chief investment officer
Early in his career, Rusty Vanneman worked as an analyst, manager and product manager at Thomson Financial in a group called Technical Data, which was eventually re-branded Thomson Global Markets. It...
View ArticleMorning Coffee: Being a 39 year-old partner at GS may not be a lot of fun....
If you’re a partner at Goldman Sachs aged 39, you might think you’ll be set for life financially. Maybe so, but you’ll have to sweat blood while you’re in that partner seat. Take Adam Savarese, the 39...
View ArticleWhy people want to work for PwC and Deloitte over McKinsey and BCG
The gold standard in consulting is making it through the doors at one of MBB: McKinsey & Co, Bain & Co and the Boston Consulting Group. They’re seen as the most prestigious firms to work for,...
View ArticleMeet the small bank hiring fixed income traders from Morgan Stanley and...
What do you if you leave your fixed income sales or trading job at Morgan Stanley? You could always try getting another one at TD Securities. The Canadian bank is hiring in London, and it’s hiring from...
View ArticleMorgan Stanley’s head of European internet research has just moved to Hong...
It’s not supposed to happen like this. Investment banks are slimming down their equity research ranks, but top-ranked senior analysts in hot sectors are the stars that attract client dollars as MiFID...
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