The top 25 MBA programs for getting a job at a hedge fund, private equity...
Landing a job on the buy-side is a notoriously difficult task. The sheer number of people who apply to work at hedge funds, private equity firms and venture capitalists means you’ll likely need a...
View ArticleMy life at a U.S. bank is being made a misery by a director with anger issues
Banks have a well-deserved reputation for promoting bad managers, but I would challenge anyone to produce a manager worse than my own. He is a guy with big problems. He’s been here years and has...
View ArticleWhy getting into fintech could be a huge career mistake
Following the social networking apps craze, Silicon Valley is now hosting a new tribe: the FinTechpreneurs. A deluge of East Coast tech talent from investment banks have traded their ties and jackets...
View Article“When I made MD I bought myself a Timex, not a Rolex,” says top HK banker
Making managing director is often the highlight of anyone’s career in investment banking, and it was for me too when I reached that rank at UBS in Hong Kong. But unlike many freshly-minted MDs, I...
View ArticleMorning Coffee: Banker bragging rights (and potential bonus uplifts)...
If you’re working at Bank of America, did you wake up with an extra bounce in your walk today, from the knowledge that according to Euromoney, your employer is officially the World’s Best Bank? And...
View ArticleI’m a successful 40 year-old banker. Here’s how I stay sane
If you make it to the top of banking, you’re going to be part of the 1%. Congratulations! Except, that this comes with some downsides: success can breed envy and criticism. If you want to handle this...
View ArticleGoldman Sachs snags corporate derivatives ED from UBS
Goldman Sachs has poached a senior corporate derivatives executive from UBS as it seeks to grow the business under assumed CEO-in-waiting David Solomon. Former UBS executive director Andrew Bisset will...
View ArticleJ.P. Morgan investment bankers and traders outpace Citi rivals with massive Q2
J.P. Morgan and Citigroup each booked strong second quarter performances, with profits increasing 18% and 16%, respectively. But J.P. Morgan’s investment bank and securities businesses shined in Q2,...
View ArticleWhat shapes you, shapes us – Macquarie’s approach to flexible working
Working flexibly means that Andrea Chan is able to attend her children’s school events and be involved in their education. A Division Director in Macquarie’s Commodities and Global Markets team based...
View ArticleMorning Coffee: What it’s like to work for an “exciting bank.” The biggest...
Many new entrants into banking complain about the culture, often comparing it enviously to that of the tech world, where their former classmates are strolling into the office in jeans while banging out...
View ArticleDeutsche Bank cut 40 jobs a day as its investment bank lost market share
So much for Deutsche Bank’s 70 layoffs a day in May and June 2018: the German bank’s preliminary Q2 results, released unexpectedly today, reveal that only around 40 jobs each working day (1,700 in...
View ArticleGoldman Sachs is hiring ex-Deutsche Bank traders as EDs
Deutsche Bank doesn’t want its best traders to leave. As we reported previously, the German bank is both making its traders work during their notice periods and offering them higher pay as an...
View ArticleBank of America’s M&A misery suggests it urgently needs new rainmakers
The 2018 drought isn’t just restricted to Northern Europe. Today’s second quarter results from Bank of America suggest the U.S. bank’s M&A bankers saw very little rain in the three months to June,...
View ArticleThe investment banks that conduct the hardest interviews
Comparatively speaking, investment banking interviews are known to be extremely difficult. You’ll face highly technical questions along with behavioral inquiries and even an occasional brainteaser....
View ArticleMorning Coffee: Goldman Sachs to swap cautious risk-taker for adrenaline...
Lloyd Blankfein is leaving Goldman Sachs and will be replaced as CEO by David Solomon, the current Goldman co-head of investment banking who was once head of the high yield division at Bear Stearns. We...
View ArticleThe ex-Barclays head of quantitative analytics quietly left Rokos Capital...
One of London’s top quants is on the move. Vladimir Piterbarg, the former head of quantitative analytics at Barclays, who joined the Rokos family office in 2015, has left again according to insiders....
View ArticleWhat no one told you about internships in investment banks
If you’re reading this, you might be doing an internship with an investment bank this summer. – Or maybe you’re thinking of doing one next year. That’s nice, but I bet you have no idea what...
View ArticleRanking the most in-demand programming languages in banking technology
It’s rare that developers in banking are armed with only one programming language. Now, the demand is for ‘full-stack’ developers who can bring multiple programming language skills. Nonetheless, the...
View ArticleReasons not to get TOO excited about the FICC recovery at Goldman Sachs
Goldman Sachs’ fixed income currencies and commodities (FICC) business seems to be growing faster than expected. Only last September, the firm outlined plans to add an extra $1bn in FICC revenues in...
View ArticleAn algo developer who joined Goldman Sachs a year ago just quit for Citi
In theory, Goldman Sachs should be trying its hardest to keep everyone on its strats team happy. After all, strats are one of its priorities – or were under outgoing CEO Lloyd Blankfein. It’s curious,...
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