Clik here to view.
Morning Coffee: Lessons from the man with an amazing finance career and...
If you want an exceptional finance career that does not squat like a Larkinesque toad across your whole life, you will need a containment strategy. The man with the best containment strategy yet is...
View ArticleClik here to view.
Asset managers driving down bonus costs by hiking up pay for cheap juniors
Asset managers are prioritising pay hikes for tech-savvy junior employees in a bid to push down overall compensation costs as they prepare for a new era of Big Data and quantitative finance amid...
View ArticleClik here to view.
Deutsche’s head of eFX sales has just landed at Goldman Sachs
The game of musical chairs between Goldman Sachs and Deutsche Bank continues – and this time Goldman has done the poaching. It’s continued its recent habit of parachuting in senior sales staff to...
View ArticleClik here to view.
Meet the expansionary German VC fund hiring junior bankers in London
Forget London, if you work in private equity in Europe today, Munich is increasingly seen as the place to be. The only trouble is that Munich private equity funds typically only employ native German...
View ArticleClik here to view.
When angry bankers abuse powerless support staff
To begin with. I was shocked. Totally amazed. When I started in banking, I couldn’t understand how the hell my colleagues got away with treating the back office the way they did. I’d never seen...
View ArticleClik here to view.
Morning Coffee: Top dealmaker identifies junior bankers’ worst problem and...
The worst thing about working on the buy side is that you have to compete heavily to get into an elite hedge fund or private equity firm, and then once you’re in, you must spend years and years working...
View ArticleClik here to view.
The dark art of the aggressive banking interview question
When you’re interviewing with an investment bank, you should never go in expecting your interviewers to be gentle. Banking interviews are not about being nice. In a situation where you’re already...
View ArticleClik here to view.
This J.P. Morgan associate has just quit to become the only employee of a new...
Junior bankers and traders are increasingly leaving large financial institutions to get in on the ground at start-up private equity companies or new hedge funds. The latest to make the leap into a...
View ArticleClik here to view.
Eight things to tell yourself if your bonus is a massive disappointment
Bonuses are likely to disappoint for most people on the trading floor. For the U.S., Options Group projects fixed income, currencies and commodities (FICC) professionals’ (not just traders’) average...
View ArticleClik here to view.
Credit Suisse has just poached one of HSBC’s most senior salesman in the U.S.
One of the most senior fixed income salesman at HSBC in the U.S. has quit the British bank for Credit Suisse as investment banks battle to bring in top revenue generators before the end of the year....
View ArticleClik here to view.
Morning Coffee: If you wanted a $300k starting salary, you should’ve gone to...
Once upon a time the annual SALT Conference was the place to go if you wanted the best jobs in finance, but that was before hedge funds lost their cheer and SALT ring master Anthony Scaramucci lost his...
View ArticleClik here to view.
New projections say your banking job will be just fine after MiFID II
MiFID II might be a huge headache for investment banks, but the actual impact on revenues over the next two years after the regulation hits on the 3 January 2018 could be less of a tidal wave sweeping...
View ArticleClik here to view.
Junior bankers caution against moving to private equity
If you’re an analyst or an associate in an investment banking division (IBD), you almost certainly want to move into private equity. Given private equity funds’ notoriously long interview processes,...
View ArticleClik here to view.
Bank of America hires another tech MD away from Goldman Sachs
Investment banks have continued to battle for people to head up their technology functions throughout 2017, and Goldman Sachs has been the target in recent months. The latest MD to leave Goldman’s...
View ArticleClik here to view.
How to spot the top technologists at Goldman Sachs and J.P. Morgan
When Goldman Sachs announced its new managing directors last month, there were plenty of technologists on the list. However, the Goldman technology staff who didn’t make the MD cut won’t be that cut...
View ArticleClik here to view.
This expansionary $12bn hedge fund has hired Man AHL’s head of equities in...
The head of equities at Man AHL has left after nearly ten years at the hedge fund to join Balyasny Asset Management as it wraps up an expansive year with a quantitative portfolio manager hiring spree....
View ArticleWhy stressed, burned out bankers keep creating industry scandals
Stress is ubiquitous in financial services. The burnouts of Hector Sants at Barclays or Lloyds CEO António Horta-Osório are high profile examples of the pressures of working in demanding banking jobs....
View ArticleClik here to view.
Morning Coffee: Billionaire-maker day in Bitcoin madness. Analysts on the cheap
This may change by the time I’ve finished writing this sentence, but bitcoin ended at $16k yesterday, following wild swings that hit highs of $20k within 90 minutes on Coinbase Inc’s GDAX exchange....
View Article“Every time I’ve fired a banker in France, I’ve needed a body guard”
Firing people in France is a bit like that George Clooney movie Up In The Air, where he’s parachuted in to deliver the bad news, except with fewer tears and more wild gesticulation and the threat of...
View ArticleClik here to view.
Bank of America and Citi’s MD promotions raise a few eyebrows
Goldman Sachs went first. Now Citi and Bank of America have made their own managing director promotions. And some people in their markets divisions are not happy with the outcomes. At Bank of America,...
View Article