10 hedge funds that run graduate training programs, and who they hire
So you want to leave university/college and work for a hedge fund? Not long ago, this wasn’t possible: hedge funds only hired people who’d been through banks‘ sales and trading graduate programmes. Now...
View ArticleA career as a “vulture investor” is great, says this hedge fund manager
Are you a current or aspiring hedge fund professional interested in exploiting opportunities in distressed securities by investing in companies undergoing restructuring? But are you hung up on the...
View ArticleThese students have already accepted offers to join private equity firms next...
Many students in the class of 2017 are still scrambling to secure a job for after they graduate in May, but this may be too late. Private equity firms have already extended offers to students set to...
View ArticleA Goldman Sachs MD quit for a 12 month residency at Google Brain
If you’re a managing director at Goldman Sachs with a reasonable chance of making partner, why would you leave? Most people in finance would be intensely thrilled to get a sniff at a Goldman...
View ArticleMorning Coffee: Merry Christmas, from Donald Trump and Brexit. How to quit...
At what point will large investment banks actually start to hire for their fixed income currencies and commodities teams again? After all, a solid Q3 was largely characterised by boasts about how banks...
View ArticleCFA or MBA: Which is best for a finance career?
If you’re starting out in a finance career, or trying to move up, there’s a perennial debate that needs addressing – do you take the Chartered Financial Analyst qualification or embark on an MBA (or do...
View ArticleCredit Suisse’s giant internal hedge fund – and other facts from the bank’s...
It’s Credit Suisse investor day. The bank’s biggest and brightest are making a series of presentations throughout the day on the bank’s future. The big, predictable, news is: more cost cutting. Not...
View ArticleControversial Goldman partner just found a new job on the buy-side
Yann Samuelides, the Goldman Sachs partner who retired earlier this year at the tender age of 41, has resurfaced at Rothsay Life – the UK insurer formerly owned by…Goldman Sachs. Samuelides joined...
View ArticleHiring freeze, what hiring freeze? How to get into a bank through the back door
Investment banks like Deutsche Bank and Barclays have imposed a hiring freeze across the organisation and it’s looking frosty in other organisations too. Some announce this, in the spirit of candor, to...
View ArticleFuture-proof your finance career, by McKinsey & Co and Morgan Stanley
Will 2017 be a better year for your finance career than 2016 has been? If you work in sales and trading, the answer would seem to be yes. Most banks are crowing about their strong performance in fixed...
View ArticleWhen you’re dependent on bankers from the same fancy prep school
Everyone knows that banks in London and on Wall Street like to hire from the same elite group of universities. Similarly, everyone knows that banks in France like to hire from the same elite group of...
View ArticleMeet the Morgan Stanley MD who invented the C++ programming language
Bjarne Stroustrup is a New York-based managing director in the technology division of Morgan Stanley and an elected member of the U.S. National Academy of Engineering who teaches a computer science...
View ArticleMorning Coffee: When you’ve got an IQ of 150 and need an alternative to Wall...
How high must your IQ be if you want to work in banking? If you’re an M&A junior assembling pitch books, an IQ above 110 should stand you in good stead. If you’re a quant working on complex trading...
View ArticleThis hedge fund has been making some big hires just before Christmas
Moore Capital Management has largely been losing senior staff in London this year, particularly former SAC Capital Advisors’ staff who have usually departed to join Steve Cohen’s new Point72 Asset...
View ArticleCredit Suisse is cutting some of its most senior equities traders in Europe
Yesterday, Credit Suisse extolled the virtues of its equities business. Today, we understand it’s been making some big cuts. Headhunters and Credit Suisse insiders say the bank has cut two of the most...
View ArticleThis senior Barclays researcher has just quit for the buy-side in New York
Senior and long-serving research professionals are continuing to change career paths. The latest managing director in research to move is Bruce Phelps, who left his role a Barclays in New York for a...
View ArticleThe absolutely perfect investment banking CV…
Putting together a CV for a front office job in sales and trading or investment banking can seem a futile and thankless task. – You spend hours crafting a document, only to find that recruiters spend a...
View ArticleThe compliance hiring boom is not over. Here’s why
The anti-money laundering (AML) function for financial institutions, such as banks and broker-dealers, should be among the largest functions in a compliance department, if not the largest. The major...
View ArticleTwo charts summing up Credit Suisse’s problem in Asia
Credit Suisse is paring back its plans for Asia. While it’s still hiring heavily in private banking, it’s also cutting costs to fund that hiring, and has reduced its 2018 Asian revenue target from...
View ArticleThe absolutely perfect investment banking CV…
Putting together a CV for a front office job in sales and trading or investment banking can seem a futile and thankless task. – You spend hours crafting a document, only to find that recruiters spend a...
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