Deutsche Bank has got a problem with its directors and managing directors
Deutsche Bank has got a cost problem at its corporate and investment bank. In the first quarter of 2018, the cost/income ratio in the unit was nearly 95%. Deutsche’s new CEO Christian Sewing knows...
View ArticleThe top hedge funds everyone wants to work for, and why
People love quantitative hedge funds. In our Ideal Employer survey of the top hedge funds, quant funds – or funds with a quantitative approach occupy many of the positions in the top 10. The funds in...
View ArticleMacquarie Capital eyes talent in Asia as its renewables team expands
Seeing the huge potential of Asia’s renewable energy sector, Macquarie Capital is taking on a bigger role in the development, delivery and operations of renewable projects. It is currently looking for...
View ArticleMorning Coffee: As Deutsche and Barclays struggle, Bob Diamond is back and...
Following a lengthy restructuring process, Barclays is still under a great deal of pressure – as is the bank’s chief executive, Jes Staley. Meanwhile, the man who once held Staley’s post, controversial...
View ArticleBarclays is also making cuts to its equities business
It’s not just Deutsche Bank: Barclays is making redundancies in its equities sales and trading business too. Barclays insiders say the bank made cuts to its London cash equities team yesterday, with...
View ArticleSenior structurers disappear at Deutsche Bank as things get political
It’s not just cash equities staff, prime broking staff, corporate financiers in non-key sectors, U.S. rates traders, contractors, consultants and emerging markets bankers who are going at Deutsche...
View ArticleHow to get a job at Citadel, by a member of its portfolio committee
Based on our annual Ideal Employer survey of more than 6,000 financial services professionals worldwide, Citadel has placed first as the hedge fund firm that respondents most want to work for. We spoke...
View ArticleNon-tech interview questions you’ll be asked at Google and Amazon
Getting a high-level job at tech giants like Google and Amazon doesn’t necessarily require an engineering degree or the ability to code. Product managers, typically MBAs with analytical, financial...
View ArticleStrange things you will say in a sales job at an investment bank
If you’ve worked in a sales role with an investment bank, you’ll probably be familiar with much of the list below. After all, this is an industry that likes its jargon and if you want to fit in, you’re...
View ArticleGoldman Sachs is still hiring-in new executive directors and VPs
Goldman Sachs is still at it. The U.S. bank is still recruiting outsiders to levels just below managing director as it tries to rebuild its under-performing sales and trading businesses. The latest...
View ArticleWhy bankers are clamouring to work for Google, Amazon and Facebook
Banks may be opening up innovation labs, pouring millions into AI and cloud computing, and even relaxing their dress codes to attract more developers, but technology companies are still becoming...
View ArticleWhy I left London to live in Frankfurt
It used to be a no-brainer- if you wanted to succeed in finance, you needed to get to London. Today it is less obvious. Thanks to Brexit and the decentralization of finance, Frankfurt is back in play....
View ArticleCitadel just hired an important technologist from Morgan Stanley
Citadel has hired Rajiv Shukla, an executive director and a senior technologist at Morgan Stanley, as a director in its New York office. Shukla joins Citadel with 23 years of experience, eight of which...
View Article117,390 people will sit the CFA in Asia in June – “even feeding them is a...
If you’re sitting the CFA exams on June 23, you may well be sitting them in Asia Pacific. For the first time in a June exam, APAC countries are expected – based on final registrations – to supply more...
View ArticleANZ places great emphasis on supporting women leaders. Here’s how the bank...
Ha Bach, acting Chief Executive Officer at ANZ Vietnam, has experienced first-hand the support the bank gives women leaders. The company strives to have a gender-inclusive workplace, and about 70% of...
View ArticleMorning Coffee: Deutsche Bank to make around 70 front office redundancies...
Deutsche Bank has a busy month ahead. True to his promise to be a man of action rather than a man of plans and pontification, new CEO Christian Sewing wants to get on with things. Speaking yesterday at...
View ArticleEurocrisis 2.0 and the threat to your banking job
After nearly a year of comparative stability in Euroland, a touch of chaos has returned after the publication of the coalition agreement between the Five Star Movement (M5S) and Lega, followed by a...
View ArticleEx-top ranked BAML equity analyst re-homed at Berenberg
MiFID II may have reduced spending on equity research by 25% and counting, according to Daniel Pinto, head of J.P. Morgan’s corporate and investment bank, but some places are still hiring new equity...
View ArticleCareer options after qualifying with a Big Four accounting firm
If you’re training as an accountant with the Big Four, the chances are you’re thinking of leaving of leaving when you’ve gained your ACA. You’re not alone – plenty of people quit, and completion of a...
View ArticleInside Deutsche Bank’s demoralized (or not) U.S. business
In the past few weeks, Deutsche Bank’s U.S. restructuring has gone from a pinprick (400 out of 10,000 people) to a flesh wound (a predicted 1,000+ job cuts in the U.S.), to something altogether more...
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