Nomura poached top Goldman Sachs trader
Nomura is growing its emerging markets business in London. The Japanese bank appointed Anant Swarup, its North American rates head, as head of emerging markets macro in EMEA last August. Now, sources...
View ArticleCredit Suisse investment bank COO joins small private equity advisory firm
If you work for Credit Suisse’s investment bank in London, you probably know Mark Barbour-Smith. As COO for M&A in EMEA, he was also responsible for the training and development of Credit Suisse’s...
View ArticleThe 3 easiest and hardest types of banking job to get now
If you’re looking for a nice easy banking job which you can semi-stroll into and where you won’t be threatened by a huge body of impeccably qualified candidates who are out of the market and would love...
View ArticleGoldman Sachs cutting technologists in London this week
Goldman Sachs is cutting London tech staff this week. But don’t worry – it’s just standard annual trimming and isn’t part of the feared transplantation of London tech staff to the firm’s new(ish)...
View ArticleBarclays’ ex-ECM chief on how to make your own boutique work
Julian Macedo, the former co-head of CEEMEA equity capital markets at Barclays, has taken the increasingly common route of quitting a big bank to go it alone, but he has no ambitions to start the next...
View Article12 top U.S. fintech incubators and accelerators you need to know about
So you’re sick of your banking job? Before you make the leap to fintech, realize that becoming an entrepreneur is extremely hard. If you ask any founder of a fintech startup, they’ll tell you the...
View ArticleLooking for a fixed income trading job after Q1? Don’t bet on it
Goldman Sachs excepted, the first quarter was pretty good for fixed income sales and trading revenues at U.S. banks. They all saw double digit year-on-year revenue rises; Morgan Stanley achieved a...
View ArticleMorning Coffee: Goldman may never hire senior Morgan Stanley bankers again....
Given that Morgan Stanley did so much better than Goldman Sachs in the first quarter, it seems a little ironic that a senior banker hired from Morgan Stanley has been blamed (possibly wrongly) for...
View ArticleThe investment banks women want to work for
As far as investment banks go, J.P. Morgan isn’t short of women in senior positions usually occupied by men. Marianne Lake, its CFO, has held the position since 2012, Anu Aiyengar was promoted to...
View Article35 year-old ex-BAML equity researcher’s fancy career moves
Equity research is not a good place to be in Europe now. With MiFID II forcing buy-side firms to pay separately for research, minds are being focused on how much is being spent on unread research...
View ArticleJ.P. Morgan’s 20 year-olds left hanging, and other learnings from spring week
19 and 20-something first-year university students in London recently got their first taste of finance in so-called “spring weeks“. If you want to work in banking now, spring weeks are the first step...
View ArticleJ.P. Morgan MD leaves London for CFO role in Prague
A managing director in J.P. Morgan’s leveraged finance team in London has quit to join a power company based in the Czech Republic. Call it part of the pre-Brexit exodus from London if you like, but...
View ArticleThis wealth management fintech firm is hiring…in Rhode Island
If you want to work in financial technology, you’re not always likely to be based in a major financial center. In the U.S., Rhode Island is offering incentives for companies to set up and create jobs,...
View Article“Credit Suisse pays all its mediocre MDs far too much”
Credit Suisse’s investment bankers and traders have a name for Tidjane Thiam: “The celebrity.” The French-educated ex-government minister who cut his teeth at the Prudential is seen as a bombastic big...
View ArticleMorning Coffee: The highest paying salaries for special 20-somethings....
Investment banks demand a lot from their graduate recruits. Clocking up 100-hours weeks, being at the beck and call of clients (and managing directors), often less than ‘challenging’ work. But here’s...
View ArticleWhat you should know about working for Credit Suisse now
Credit Suisse is the first major European investment bank to report its first quarter results. It’s managed to keep the fixed income party going. Across fixed income sales and trading revenues were up...
View Article“All the best people left banking years ago”
If you’re a young person starting in banking now, you might expect to find an industry replete with the wisdom amassed from various financial crises and filled with brilliant battle-worn managers. You...
View ArticleLori Beer, J.P. Morgan’s investment bank CIO on fintech, funky offices and...
When Lori Beer, the recently-installed chief information officer of J.P. Morgan’s corporate and investment bank, started out in 1989, technology was much more of a man’s world than it is today. More...
View ArticleThe perfect resume for investment banking professionals to land a job on Wall...
Getting a job at an investment bank in the U.S. is getting more difficult. You’ll need to complete multiple internships, participate in finance clubs and leadership activities, earn impeccable grades...
View ArticleGoldman Sachs has space ready for 100s more people in Frankfurt
Space is likely to become an issue as banks move operations from London to Frankfurt post-Brexit. Savills’ Frankfurt property investment head told Bloomberg the shortage of office space in the small...
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