Disappointed traders expected to desperately seek new jobs post-bonuses
Happy in your trading job in an investment bank? Feeling settled and confident about the future? It may not last. Following a disappointing bonus round, some headhunters are predicting that traders...
View ArticleThis top HSBC FX salesman has just signed up to a fintech start-up
A senior HSBC FX salesman, who has spent the past 24 years working for large investment banks in the City, has signed up to a fintech start-up pushing for the electronification of FX in emerging...
View ArticleExpansionary hedge fund pinches ex-BAML trader en route to Deutsche Bank
Hedge fund hiring is alive and well. Just ask Cross Ocean Partners, a U.S. credit hedge fund which is busily building its London presence, and diverting traders hopping between banks into its West...
View ArticleOnly sycophants get promoted to the top jobs in investment banks
If you’re a VP in an investment bank and you’re wondering why you can’t get further up the ladder, you have my sympathies. I’ve been there. I have been you. I was a VP for six years and for each of the...
View ArticleUBS has just hired a top Apple analyst from small investment bank
Now’s the time to stock up on big name analysts as regulators prepare make the buy-side pay for equity research. UBS has just brought in a top Apple analyst in a senior role. Timothy Arcuri, who was...
View ArticleMorning Coffee: Goldman Sachs WILL be offering fantasy jobs to 26 year-olds,...
Remember when Goldman Sachs started talking in earnest about automating its junior investment banking jobs? How Richard Rivero, head of the team bringing technology to Goldman’s investment banking...
View ArticleTerra Firma MDs land new senior jobs after investment staff exodus
Terra Firma, the UK private equity group with Guy Hands at the epicentre, has been losing senior investment staff, many of who departed the firm after less than 18 months. Now, they’ve been landing new...
View ArticleThe hot new start-up poaching banks’ technologists doesn’t do “quirky”
Typical. Just as J.P. Morgan tries to get down with the ‘techies’ with new offices where developers can draw on furniture and strum on acoustic guitars, engineers are quitting banks for a popular new...
View ArticleThe 10 most impressive new managing directors at Goldman Sachs
Last week. Goldman Sachs promoted its largest ever number of managing directors: 509 people were elevated to the level below partner. All of them are special, but some – by virtue of the speed of their...
View ArticleBank of America and Goldman Sachs are now chasing the same bankers
If you live in the UK, you may be familiar with the phrase, “a local shop for local people,” from the surreal BBC comedy series, The League of Gentleman. If you live in the U.S., you may want to...
View ArticleWall Street banks offering $40k relocation packages, bigger bonuses for quants
Working in quantitative risk pays – investment banks in the U.S. are offering bigger bonuses and relocation packages of up to $40k to lock down the best PhD candidates on Wall Street. Investment banks...
View ArticleMorning Coffee: The toughest place to be a hot young thing in finance. Marty...
Every year, Forbes produces its 30 under 30 list for the financial sector, and has high-achieving, competitive 20-somethings across Wall Street and the City grinding their teeth with envy. 2015 was the...
View ArticleI left my banking job in London for something much better in Milan
20 months ago, I left London. After 10 months on the Deutsche Bank ETF desk, I decided to come back and work in Milan. I’m Italian – I never planned to stay in London, but I’d expected to stay there...
View ArticleJ.P. Morgan ramps up recruitment for an untapped talent pool
J.P. Morgan is stepping up its efforts to hire people with autism into the bank, and plans to employ “several hundred” within the next three years as it targets what it views as an untapped pool of...
View ArticleInside the new hottest investment banking jobs in the U.S.
Bulge bracket investment banks are ramping up in unlikely destinations across the U.S. Away from their traditional Wall Street homes, deal-makers are moving to the likes of Atlanta, Dallas, Seattle and...
View ArticleMorgan Stanley’s new guide to the best European banks to work for
Now that banks’ third quarter results are a thing of the past, Morgan Stanley’s European investment banking analysts have had time to digest their implications. And after doing so, they’ve produced a...
View ArticleGiant $93bn Softbank Vision Fund has been quietly poaching investment bankers
The world’s biggest tech investment fund has quietly been poaching from the junior ranks of bulge bracket investment banks, big buyout firms and top consultants. Softbank’s Vision Fund, the $93bn giant...
View ArticleBrexit supporter claiming he was bullied out of Goldman Sachs is a fake
If you’re a UKIP-voting Brexit supporter, the notion that one of your clan was ejected from the upper levels of Goldman Sachs simply for sharing your views is probably enough to spark outrage. Hold...
View ArticleJefferies reunites with MD-level equity analyst after six years apart
David Katz, a senior ranking analyst covering the gaming, lodging and leisure industries, has returned to Jefferies as an MD after a six-year hiatus. Katz was an MD and a senior equity analyst in the...
View ArticleMorning Coffee: J.P. Morgan alights upon solution for saving London banking...
Will tens of thousands of jobs move out of London because of Brexit, or will they not? Following recent reassuring reports that banks could avoid a big transfer of jobs with so-called “back to back”...
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