This HFT firm has slipped to a $2.4m loss, but is still hiring
Working in high frequency trading (HFT) doesn’t hold the lure it used to. Knight Capital Group is shedding 100 jobs as Virtu Financial completes its $1.4bn takeover of the firm, while Sun Trading’s...
View Article“I studied in China. But I still landed a top Hong Kong banking job”
International banks in Hong Kong generally have their pick of elite graduates. Not all their interns and graduates come from the likes of Stanford, LSE or even HKU, though. Global are becoming...
View ArticleBankers in Asia say they don’t fear rise of the robots
Private bankers in Asia are pouring more money into technology, while new robo-advisory firms are opening up in the region. Private bankers don’t seem too concerned about machines eventually eating...
View ArticleMorning Coffee: The most frightening thing to hit trading jobs in years. The...
There are a lot fewer less working in equities trading than there were. Last year the Economist famously claimed that Goldman Sachs had 600 people trading equities in 2000 and just two, plus 200...
View ArticleCitadel’s quant buildout continues with this big new hire
Citadel is one of the many top hedge funds rolling out the red carpet to attract top quants – and it appears to be working. It’s latest recruit is a former portfolio manager at Millennium Capital who’s...
View ArticleThe Brexit-effect on banking pay
Predicting Brexit’s effect on banking jobs has become a case of shock and awe. Oliver Wyman said nine months ago that a hard Brexit could do away with 31,000 to 35,000 London banking jobs directly and...
View ArticleThis former banking CEO is on a mission to get more women into senior finance...
Richard Nesbitt spent nearly 30 years working in senior banking jobs, but he hasn’t been taking it easy since retiring from finance three years ago. Instead, he’s set himself a new goal – getting more...
View ArticleExcitement as August 2017 analyst bonuses approach
If you’re an analyst in an investment bank, you may be about to be paid. Not all analysts, not all investment banks. But some. And some banks have been having a good year, which should be reflected in...
View Article12 phrases that make you sound smart enough to get promoted
Regardless of how your firm did during the first quarter, you should always be thinking about ways to separate yourself from peers to keep your job, if your company is making cuts, and position...
View ArticleWhy MDs don’t know how to pitch, and pitchbooks are pointless
If you’re a managing director with 15 years’ experience winning deals and your own personal Rolodex of corporate executives, you might question who the hell Paul Boross is tell you about pitching....
View ArticleThis is where Bank of East Asia is getting its staff from in Hong Kong
Bank of East Asia is one of just five firms deemed so systemically important to Hong Kong’s financial system that it holds more capital in reserve than other banks. It’s also hiring in Hong Kong and...
View ArticleA veteran Stan Chart MD has just joined CCI as its Asia CFO
Castleton Commodities International (CCI) has hired one of Standard Chartered’s most senior commodities specialists as its chief financial officer for Asia. Carlos Deluzuriaga – a 30-year commodities...
View ArticleMorning Coffee: Harsh new reality for Goldman’s senior investment bankers....
Not long ago, the life of a senior client-facing investment banker at Goldman Sachs sounded pretty chill. Back in November 2016, when Harvey Schwartz was CFO, he said client relations require patience....
View ArticleThe skill all financial professionals need on their CVs
There’s a skill that David McCandless thinks we should all add to our CVs: data visualisation. “The amount of data in financial services and other industries is going up exponentially,” says...
View ArticleHiring (and firing) plans by bank in the 2nd half of 2017
Most big banks have now reported their second quarter results and discussed their strategic priorities for the rest of this year. So, who’s hiring and who’s cutting? And where are they doing it? This...
View ArticleThis ex-senior rates trader in London has just joined a VC firm in Barcelona
Josep Santacana, the former head of European rates trading at RBC Capital Markets was ahead of the curve. In 2013, long before the current trend of senior bankers quitting for fintech, he left his...
View ArticleEight ways to get a new Wall Street job or promotion during the summer lull
Wall Street shuts down during August, with traders and investment bankers seizing the opportunity for a rare vacation, and the financial district of New York is a ghost town. Now’s the time to ask...
View ArticleGoldman’s former head of electronic trading has just left his top job at KCG...
Rob Crane, the head of European client execution at KCG Holdings, is the latest senior figure to depart the firm’s London operation following Virtu Financial’s $1.4bn takeover of its high-frequency...
View ArticleWant a job ‘reinventing the cloud’? AWS is hiring solutions architects in...
Dr Peter Stanski has always enjoyed taking on new challenges in his 27-year technology career. After starting out as a developer for Sega and Nintendo console games, his CV now includes teaching...
View ArticleThe best Deutsche Bank office to work for in the world?
If you work in Deutsche Bank’s current London office, you might have encountered the artisanal coffee stand in the foyer. Maybe this is all you need to make your day complete, but if you were to...
View Article