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Ex-Credit Suisse hires said to be rocking the boat at Mizuho
It’s not easy working for a Japanese bank in London right now. Nomura has already made one big round of redundancies and is rumoured to have another round to come (amidst its upgrading). MUFG insiders...
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Morning Coffee: Goldman Sachs employees obliged to play nice with each other....
Perhaps the most scarring result of the 2008 economic collapse for Goldman Sachs was all the talk about how the bank, at times, didn’t seem to always have its customers’ best interest in mind. All that...
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Now Deutsche Bank lost multiple members of its real estate team
There’s been another rush of exits from Deutsche Bank’s investment banking division. This time it’s real estate (rather than FIG) and many of the escapees are thought to be reconvening at Jefferies....
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Data scientists and technologists are trapped by hedge funds’ horrible...
As we reported last month, Point72 has parted company with David Loazia, its former chief data scientist. Loazia left the hedge fund at some point in the past few months. Don’t expect him to turn up...
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JPMorgan and Citi’s results say the same bad thing to people in their...
Today is the day. JPMorgan and Citi are the first banks to divulge just what went on in the three months to October and in the first nine months of this year. If you’re an employee in JPMorgan’s...
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David Solomon’s opening salvo to Goldman Sachs employees
As we noted earlier this morning, based on reporting from Bloomberg, incoming Goldman Sachs CEO David Solomon launched a new initiative on his first day on the job aimed at wooing and better serving...
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COMMENT: My bank is unfairly penalizing me for not being a charity volunteer
I am a technologist at an international investment bank. My job is to help the bank create best in class technology systems that will allow it to make money. And yet for some reason, I am being...
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Morning Coffee: The new bank CEO who may have anger issues. M&A banker goes AWOL
The rumblings concerning Andrea Orcel and his polarizing personality began almost immediately after UBS’s investment banking chief agreed to become the new CEO of Spanish bank Santander. One anonymous...
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The head of EMEA equity sales quietly left Bank of America Merrill Lynch
Michel Sindelar, the former head of Eastern Europe, Middle East and Africa (EEMEA) equities sales and then EMEA distribution at Bank of America Merrill Lynch (BAML), has left the bank. Sindelar is...
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Deutsche Bank’s head of UK financing said to leave amidst ongoing bonus fears
Following last week’s exodus from the Deutsche Bank real estate team and the previous exits from the financial institutions group (FIG) team, Deutsche insiders say there’s been another resignation....
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COMMENT: Why you will lose your girlfriend/boyfriend in your 1st year in...
So, another analyst friend of mine has broken up with her boyfriend. I’m not surprised: almost everyone I know has broken up with their girlfriend or boyfriend in the first year of a banking career....
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‘One colossal eyeroll’: CEO Solomon brings Goldman Sachs to Brooklyn at DJ show
As a DJ and music producer based in Brooklyn, I’ve played and seen hundreds of local shows. Saturday night was certainly a new experience. Opening for veteran DJ Paul Oakenfold was someone I’ve never...
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One of Goldman Sachs’ ex-top strats set up a little advisory business
Remember Bobby Vedral? He’s the former Goldman Sachs partner who managed cross asset global market strats for Goldman’s securities division. Vedral left Goldman in March and has just turned up running...
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Did BofA replace its top NYC M&A bankers with mediocre people in other cities?
Bank of America’s M&A business is not looking very healthy. In its third quarter results, published today, the bank revealed that M&A revenues fell 33% in the first nine months of 2018 versus...
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Morning Coffee: Difficult time for ex-Deutsche MDs who thought they were onto...
As the per the old adage, a lot of change can be wrought in seven days. A week ago, the SoftBank Vision Fund was getting ready to invest an extortionate amount of money in WeWork and was the edgy...
View ArticleFrom greater flexibility to increased opportunities. Here’s why you should...
Hong Kong is seeing a boom in contracting as companies and employees wake up to the benefits of contingent workforce. While firms enjoy faster hiring times and access to a greater pool of talent,...
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A fintech which likes Morgan Stanley alumni is hiring junior bankers
A fintech which likes to recruit from Morgan Stanley is hiring junior bankers, and unlike Revolut – the digital banking service founded by an ex-Morgan Stanley trader – it doesn’t have a reputation for...
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The best banks for engineers and technologists on Wall Street
With the recruiting war over engineering talent being more competitive than ever, investment banks have had to up their game, offering tech recruits more money and more responsibility. Wall Street’s...
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Solomon’s Goldman Sachs looks fast and flighty. – The opposite of Gorman’s...
So, now we know for sure: David Solomon’s Goldman Sachs is doing some very feverish hiring. Today’s results reveal that the firm increased its headcount by 10% in the year to September 2018 by adding...
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Santander has made some curious hires before Andrea Orcel arrives
To be clear, Andrea Orcel isn’t actually on the ground at Santander yet. The allegedly shouty ex-CEO of UBS’s investment bank won’t actually become CEO of the Spanish bank until an unspecified date in...
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