The former EMEA CEO of Russell Investments has started his own firm and is...
Pascal Duval, the former CEO of Russell Investments’ European operation who quit in September last year, has launched his own firm and is hiring cheap young talent to get it off the ground....
View ArticleEx-Morgan Stanley, Goldman juniors hiring London bankers in Asia
Patrick Lynch left his associate trading job at Morgan Stanley in London to join a fast-growing start-up three years ago. This move is now so common that it’s bordering on cliché, but Lynch is not a...
View ArticleBarclays’ bankers’ bonus woes contrast with (muted) joy at UBS and Credit Suisse
Is there no fairness in this world? Yesterday, Barclays’ investment bank announced some very healthy results, including a 14% increase in full year profits, but its London bankers are complaining of...
View Article“Can senior bankers stop sending their CVs to private equity please?”
The leveraged finance divisions of investment banks have had a tough 12 months. Senior bankers, seemingly firmly ensconced on the sell-side, are now aching to make the move to a private equity firm. As...
View ArticleJ.P. Morgan re-hires electronic trading tech guru at loftier title
J.P. Morgan has re-hired a senior technologist who jumped across to a managing director role at Deutsche Bank in New York nearly eight years ago. J.P. Morgan has just re-hired David Winig as a managing...
View ArticleIf quants in banks are so hot, why aren’t they better paid?
Quants are it. While sales jobs in banks disappear and trading jobs are automated into mundanity, quants are the new thing. Banks are alert to the value of data, and quants are the alchemists who are...
View ArticleMorning Coffee: The stars who earn $10k for a phone call. Deutsche wields the...
Investment banks have been chopping equity research headcount, but they’re still willing hire a star analyst when they’re available. The result of this is that the typical structure of a research team...
View ArticleOne of Goldman’s most senior traders just retired post-bonus
If you work for Goldman Sachs, your 2016 bonus is pretty much in the bank. You’re therefore free to find somewhere else to work, or to leave banking and do something entirely different. Guy Saidenberg,...
View ArticleGoldman Sachs and HSBC have tapped Facebook and AOL for these hot jobs
It’s no secret that banks are in battle with large technology firms for talent, but both Goldman Sachs and HSBC have just managed to poach senior technologists who have worked for Facebook and AOL for...
View ArticleBrexit’s enhanced equivalence isn’t dead. It was never alive
If you’re already feeling pessimistic about the City of London’s future after Brexit, you might be feeling even more so following the Financial Times’ sighting of the EU’s “staff working document” on...
View ArticleThe absolutely perfect resume for private equity
Looking for a job in private equity? Good luck: for every available role, just 10% of the on average 300 applications make the shortlist. And you have to make an impression with your resume quickly –...
View ArticleAbnormally popular U.S. equities banker is leaving Barclays
One of the most senior and popular managing directors in Barclays’ U.S. equities business is quitting. Johnny Wu had worked for Barclays for 12 years and is now off in search of, “new challenges that...
View ArticleAfter getting fed up with financial services, this ex-UBS PM found a real...
Most people assume that starting a hedge fund is a path to getting rich, and getting scooped up by a big international bank like UBS sounds even better, but it took leaving finance altogether for Ravi...
View ArticleThe best European banks to work for on Wall Street, by Deutsche Bank
With the U.S. economy firing-up thanks to Trump’s spending plans and U.S. trading revenues increasing thanks to anticipated rate rises, European banks can be expected to go for growth in the U.S. in...
View ArticleMorning Coffee: The hard life of the 40 year-old on $160k. Morgan Stanley...
If you don’t make it by your late 20s, you need to make it by your late 30s. If not, your 40s could be harsh indeed. So suggests a piece by the Guardian on the lives of technologists in Silicon Valley...
View ArticleMorgan Stanley man escapes ‘model validation’ for big job
Model review jobs are the equivalent of CDO structuring jobs circa 2006. Once, there were hardly any of them. Now, they’re everywhere. Responsibility for the proliferation of model review or “model...
View ArticleTeacher turned hedge fund manager is latest Brevan Howard exit
An FX strategist at Brevan Howard, who went into hedge funds after two years as a grammar school physics teacher, has become the latest senior exit. Teaching is often viewed as a vocation to escape...
View ArticleI’ve just secured a summer internship at Goldman Sachs. Here’s how
Everyone knows that it’s difficult to get a trading internship at Goldman Sachs, but when you see 100 students from a single university gathered in a campus presentation where you’re told there are 10...
View Article10 reasons you should work for J.P. Morgan, by Daniel Pinto
It’s J.P. Morgan’s 2017 investor day. The bank is outlining to investors why they should be putting their money in J.P. Morgan’s stock. In the process, it’s also doing a good job of explaining why you...
View ArticleHow to get through risk management interviews successfully
There is a great deal of activity in recruitment for financial services risk management roles, especially in banking where financial institutions have become more sensitive to risk exposures since the...
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