Clik here to view.
Banking layoffs a “little trickle,” despite noises from Deutsche and Credit...
Should you fear the final months of this year? After all, they’re supposed to be the time that Brexit-related layoffs start seriously manifesting themselves in London. They’re also when banks’ cost...
View ArticleClik here to view.
More investment banks are quietly hiring equity researchers
While investment banks across the City are reassessing their headcount or freezing recruitment as the fallout from the Brexit vote and difficult operating environment, equity research remains a key...
View ArticleClik here to view.
7 things you can learn from Citi’s 2016 analyst class on Wall Street
Whether you’ve recently wrapped a summer analyst program or internship or are positioning yourself for one next summer, that avenue is your best bet to land a job as a full-time investment banking...
View ArticleClik here to view.
Banks are letting go of juniors for alleged expenses abuses
Banks might be holding back on layoffs in their London IBD teams, but this doesn’t mean their juniors are automatically safe. Recruiters say the past few months have seen a spate of exits after...
View ArticleClik here to view.
A Goldman Sachs MD explains why Italians make great bankers
When we looked at the nationalities of an admittedly small, but nonetheless representative, sample of this year’s analyst classes in the City of London last week, one thing stood out: the Italians. By...
View ArticleClik here to view.
Morning Coffee: Morgan Stanley’s new method of cutting staff. Career advice...
After long years of cutting headcount with varying degrees of success, banks are becoming more inventive. Jes Staley’s Barclays has got a rule that it rarely hires anyone externally (senior J.P. Morgan...
View ArticleClik here to view.
Goldman Sachs technologists are gathering at Deutsche Bank
Deutsche Bank may be in the middle of a hiring ‘frost’, but there’s plenty of recruitment in the upper echelons of its investment bank within technology – and former Goldmanites are gathering. The...
View ArticleClik here to view.
Jes Staley just made a presentation explaining Barclays’ issues
At this moment, Tim Throsby, the new CEO of Barclays’ investment bank, is probably sunning himself on a beach somewhere. Throsby quit J.P. Morgan last week and won’t officially turn up at Barclays...
View ArticleClik here to view.
Bluecrest Capital Management has made a flurry of new hires in September
Since Bluecrest Capital Management took the decision to return money to clients and instead focus entirely upon managing the wealth of founder Michael Platt and its employees in December last year, key...
View ArticleClik here to view.
How Brexit destroyed a revival in London bank hiring, in charts
Believe it not, 2016 didn’t begin too badly for London’s banking jobs market. It wasn’t exactly a standout start to the year, nor was it an unmitigated disaster. London finance jobs advertised on...
View ArticleClik here to view.
Investment banks’ healthcare recruitment heats up on Wall Street
Healthcare investment banking revenues are not immune to the slowdown to hit banks’ M&A divisions this year, but firms on Wall Street are still competing for senior bankers even as front office...
View ArticleClik here to view.
Junior bankers are leaving for pet food companies
It sounds like a parody, but it is not. After defeating thousands of people to get a first job in banking, juniors at Goldman Sachs and Morgan Stanley are leaving to work in the pet food industry. The...
View ArticleClik here to view.
Morning Coffee: Musical chairs for bored millennials in investment banking....
Investment banks are acknowledging that if they hire an uber-qualified graduate who’s used to juggling studies with internships, investment clubs and elite sporting activity, sitting them at a desk in...
View ArticleClik here to view.
Here’s who else wants your banking job now
If you’re gainfully employed in a London financial services job today, you can probably count yourself lucky. The buy-side excepted, our figures suggest hiring in the City of London has slowed...
View ArticleClik here to view.
6 ways to talk about a terrible former boss during an interview
Whether you were a good leaver or a bad leaver, whether you got fired or laid off or left for a better job or are in fact still employed, it never pays to talk smack about a current or former boss or...
View ArticleClik here to view.
BAML’s clever solution to the Brexit problem
Did Alex Wilmot-Sitwell, EMEA president of BAML, just solve the intractable problem of the City’s situation outside the European Union? Probably not, but he certainly set a realistic goal to aspire to....
View ArticleClik here to view.
Kansas City has grown into a Midwestern financial services hub
Don’t look now, Chi-town, but Kansas City – the “Paris of the Plains” – has you in its sights and is aiming to dethrone you as the U.S.’s Midwestern financial services hub. With the Chicago Board of...
View ArticleClik here to view.
How to leave Goldman Sachs to start your own company, and make it work
Last summer, when ‘juniorisation’ in investment banking was merely a germ of an idea, Chris White, a managing director at Goldman Sachs, left to start his own capital markets consultancy. A year later,...
View ArticleClik here to view.
The McKinsey & Co. guide to staying employed in banking
McKinsey & Co. have got a big new banking report out. Based on interviews with 200 ‘industry leaders’ at 175 banks, it purports to be as comprehensive as it gets. Predictably, it contains some bad...
View ArticleClik here to view.
Morning Coffee: Citi suggests everything’s going to be alright. When you’re a...
Hey, it’s OK. The bottom is not falling out of the banking business as U.S. elections approach. Intimations that revenues might suffer in the second half of the year aren’t coming to pass. Things are...
View Article