The dirty truth about the hottest job in finance
Data science jobs in investment banks are the new hot thing. J.P. Morgan’s got a chief data science office. So does Morgan Stanley. So does Deutsche Bank. Banks that once wanted traders and salespeople...
View ArticleThe worst job interview questions Wall Street hiring managers ask – and how...
If you’re interviewing for an investment banking job, expect some curveball questions. Most Wall Street firms have pulled back from the so-called trick questions, but some questions can be be just...
View ArticleEx-Deutsche Bank rates sales head poised to make a comeback
Remember Haroon Sana? He was head of global rates sales at Deutsche Bank back when Anshu Jain was still CEO and Deutsche was still paying bonuses. We have it on good authority that he’s about to stage...
View ArticleWhat no one told me about my J.P. Morgan markets internship
Last summer I was an intern at J.P. Morgan. At the end of the internship, I got a job offer. I did none of the things you’re supposed to do to get a “conversion”. Firstly, I didn’t suck up. I made a...
View ArticleQuestions you will always be asked in a hedge fund interview and how to...
Interviewing at a hedge fund can be an unpleasant experience. Known for testing candidates’ resilience under pressure, hedge funds hire comparatively few people. Therefore, they’re either looking for...
View ArticleFintech experts wanted, but not many people fit the bill
This will be a year characterized by the rapid growth of all things futuristic – artificial intelligence, the internet of value, virtual reality and blockchain. As financial institutions ramp up...
View ArticleEven if big banks are bluffing over Brexit, they’re not hiring in London
Whether you believe that the big banks are bluffing over moving jobs out of the UK after Brexit or not – they’re definitely not hiring in London. There’s been a 17% drop in available jobs in the City...
View ArticleMorning Coffee: J.P. Morgan’s ranking of the best banks to work for now....
Equity analysts who make calls on the best bank stocks to invest in aren’t in the business of advising on the best banks to work for. They don’t consider cultural differences between banks, or working...
View ArticleAnother senior tech exit at Bank of America Merrill Lynch
One of Bank of America’s highest-ranked female technologists has left the bank as part of an ongoing shake-up at the top in IT. Bridget O’Connor, chief information officer for global banking and...
View ArticleNew remuneration rules threaten pay of London sales staff
If you work in sales in an investment bank, you’ll know all about sales credits. Sales credits are what determine your bonus. As Chris Fleming, the former head of global markets EMEA sales at Nomura,...
View ArticleNew survival options for investment banks’ equity researchers
For all the talk of the death of the equity research, investment banks want to hang on to their star analysts. The problem is, most of them are not happy. “There’s a ‘seniorisation’ trend in research...
View ArticleJ.P. Morgan hires bearded hipster to growing data science team
Banks are hiring for data science and they don’t mind if the data scientists they hire don’t have a finance background – just so long as they have an excellent quantitative pedigree. The latest...
View ArticleThis California-based hedge fund is hiring, but PhDs need not apply
Before becoming the CEO and managing partner of Sunrise Capital Partners, a San Diego-based hedge fund, Jason Gerlach worked as an attorney for a decade. He worked with clients in the alternative asset...
View ArticleHere’s who just left Deutsche Bank after last week’s bonus disappointment
It’s been one week. Seven days since the disappointment that was Deutsche Bank’s 2016 bonus day. Not only were performance bonuses all but wiped out for anyone above associate vice president level, but...
View ArticleNine things you need to know about working at Goldman Sachs now
What is worrying Goldman Sachs? Who is it hiring and how do you get in? Helpfully, Goldman Sachs has just released its 2016 annual report which contains some of this information. This is what you need...
View ArticleIt’s not the hours that IBD analysts can’t handle, it’s the boredom
Brian Bissonette, the founder and CEO of WorkingGroupLink, a business-to-business financial technology company, rose to director in the investment banking division of Bank of America Merrill Lynch...
View ArticleMorning Coffee: Blankfein says ‘Government Sachs’ is OK. Beware Machiavellian...
Several former Goldman Sachs employees have joined the Trump administration, including the chief economic advisor to the president and former Goldman COO Gary Cohn; chief strategist Steve Bannon;...
View ArticleHedge fund manager who wrote seduction guide for nerds is going it alone
Not all hedge fund managers are hyper-masculine men in pursuit if a warrior physique. Some are introverted, sensitive 90s guys, keen to espouse their qualities to potential mates. A case in point is...
View ArticleGoldman Sachs and the $2bn 2016 stock bonus pool
No one knows how big the Goldman Sachs bonus pool is. Unlike some other European banks, the firm doesn’t break out its spending on bonuses. We know it spent $12bn on compensation for its 34,400 staff...
View Article“Believe me, investment banking is so much better than a start-up for...
If you’re young and academically bright, you believe that you can do anything. For a lot of students and junior investment bankers, this means quitting and starting up your own firm. You see the likes...
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