The only good jobs in banking now, by Deutsche Bank
While London recruiters shrug off results to last week’s UK general election, banking analysts at Deutsche Bank have just issued a comprehensive note on the state of the banking industry worldwide. It...
View ArticleA step-by-step guide to acing informational interviews for investment banking
Most analyst and associate classes at investment banks get filled through internship programs and campus visits. The problem for many hopeful bankers is that the Goldman Sachs and J.P. Morgans of the...
View ArticleIs it harder to get ahead at J.P. Morgan, or Goldman Sachs?
Jamie Dimon’s done it again. COO and heir apparent Matt Zames resigned last week in a move that was interpreted as the J.P. Morgan CEO’s latest successful effort at unseating potential successors....
View ArticleEight reasons to work in wealth management, or not
The financial services industry offers plenty of excellent careers opportunities, but many students and career-changers are unsure of which part of the industry to join. Here are various reasons for...
View ArticleMorning Coffee: The tech lifestyle vs. the banking lifestyle (they’re both...
Investment banking jobs are arduous. Even though some young bankers insist the working hours are bearable, endless 14 hour days extract a toll. Junior bankers are still collapsing with exhaustion,...
View ArticleHow I used my MBA as a springboard into my first Asian financial services job
Canadian finance professional Stuart Mercier got his first taste of Asia when he visited Hong Kong as a teenager. More than 20 years later, Mercier is now fulfilling his ambition to live and work in...
View ArticleGoldman Sachs, BAML, Unicredit are hiring e-trading expertise
While cash equities traders and traditional salespeople continue to languish, electronic trading (e-trading) skills remain in demand. Both Goldman Sachs and UniCredit have both made recent electronic...
View ArticleBarclays said to hire ex-Goldman Sachs quant trader Asita Anche
As it builds up its trading business, Barclays is understood to have hired Asita Anche, a former managing director in Goldman Sachs’ fixed income systematic market making division. Anche joined Goldman...
View Article5 ways the proposed changes to the Volcker Rule would affect Wall Street...
You’ll probably know that after markets closed last night, Steve Mnuchin’s treasury department issued a detailed report outlining the regulatory changes proposed by the Trump administration. Most...
View ArticleBankers have been complaining about their lives to a student
Whatever you do, don’t get someone who works in a bank onto subject of their pet peeves – particularly if that person happens to be a former bank employee who now does something much more socially...
View ArticleUBS just hired a senior NYC equity researcher from Nomura
Brock Vandervliet has just joined UBS as an executive director and senior analyst covering the mid-cap commercial bank and mortgage finance sectors in the equity research department in New York....
View ArticleMorning Coffee: Goldman saves juniors from drudgery. Goldmanites take hold at...
The life of a Goldman Sachs analyst appears to be becoming less gruelling and tedious…but potentially more unstable. This is not the result of protected Saturdays or other programs designed to appease...
View ArticleGuaranteed bonuses are back – even for juniors
Remember guaranteed bonuses? In the years before the 2008 financial crisis, they were common when anyone of any significance changed jobs in the banking industry. Even in 2009, Sanaz Zaimi received an...
View ArticleYou accepted a new job and it’s a disaster. What next?
You’ve recently accepted a job offer and joined a new firm. It’s supposed to be the honeymoon phase where you make a good first impression, get to know your boss and colleagues, settle into your new...
View ArticleOne of London’s top macro traders just left one of London’s top macro hedge...
Macro hedge fund Caxton Associates added nine people in London last year. Now it seems to be going in the opposite direction. Headhunters say Greg Knight, the former head of leveraged FX finance at...
View ArticleEx-banker joins Silicon Valley PE consultancy – and he’s hiring
What do you do when you’ve tried banking, you’ve tried restructuring, and you’ve tried being an entrepreneur? How about joining a West Coast private equity (PE) consultancy? This is what Rishi Jain has...
View ArticleCredit Suisse MD demonstrates art of a buy-side move when you work in ops
One of Credit Suisse’s most senior operations professionals just quit for a large credit fund. Kathryn Hanna, Credit Suisse’s group operations head of client assets, left last week according to a...
View ArticleHow to get a risk job on Wall Street
There’s no two ways about it: A lot of financial services firms are still cutting costs, meaning that they are less likely to replace people who have left and may actually be laying people off. That...
View ArticleMorning Coffee: The strangest thing about Deutsche Bank’s latest...
Deutsche Bank is making good on the new-new strategy it announced in March this year. As it goes out to attract corporate clients over institutional clients (along with Goldman Sachs), Deutsche has...
View ArticleClever answers to stupid interview questions
Imagine that you’ve sailed through an interview by proving your technical proficiency, you’ve effectively answered how you can make an individual contribution while also proving your value as a team...
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