Morning Coffee: Is it worth burning out over the CFA? Credit Suisse wants to...
Back in the day, CFA charterholder status was an exclusive club. Up until the early-noughties, the numbers taking CFA level III were low, and the pass rate regularly hit 70% plus. This year, as the...
View ArticleThe front office jobs London banks WILL hire for in September
The market for front office banking jobs – jobs that actually generate revenue – in London is looking shaky. Year-on-year all new London finance jobs fell 27% in July according to recruitment firm...
View ArticleInsider views on working for J.P. Morgan, Goldman Sachs or Morgan Stanley on...
The ‘why our bank?’ question is one you will be asked as a fresh graduate or a senior banker looking for a new opportunity. But do you really know what you’re getting into? Yes, you can research recent...
View ArticleMaybe you should’ve taken that banking job in mid-2014?
Remember summer 2014 in the City of London? It rained a lot. A pound was worth 1.71 dollars. Interest rates were still expected to normalize, the FTSE 100 was nearing 7,000, and finance recruitment...
View ArticleCitadel has poached an MD trader from Goldman Sachs in London
The turnover of senior markets staff at Goldman Sachs continues in London, and hedge fund Citadel has hired another former employee of the bank. The latest senior exit from Goldman Sachs is Tim...
View ArticleEx-Citi derivatives trader takes risk job with J.P. Morgan
Risk jobs in investment banks have a far greater cachet than in the past. If you work in risk these days, you get to liaise with and restrain senior traders; you are of strategic importance and...
View ArticleHow to make the cut at Citigroup in the U.S.
Citi’s most recent investment banking analyst class were a select group – just 2.7% of all applicants were hired by the bank in the U.S. The investment bank’s incoming class is composed of...
View ArticleBonuses are shrinking, but who will lose the most?
Bonuses were always likely to shrink this year, as investment banks, hedge funds and private equity firms alike struggle against a difficult business environment. But given the impact of Brexit and the...
View ArticleMorning Coffee: The only way to quit banking before you’re 35. Infestation at...
Firstly, some caveats: we don’t know exactly who Alice Adams is and we don’t know exactly where Alice Adams worked. Nor do we know whether she has a significant other who supported her in the...
View ArticleThis rapidly expanding fintech firm is hiring from banks, even after Brexit
Fintech start-ups in the UK face a funding shortfall after Brexit, and some are even being enticed across to Berlin, but for Revolut – a currency exchange app set up by former Credit Suisse trader,...
View ArticleExpansionary French bank hired a head of hedge fund sales in London
If you believe Chirantan Barua, equities analyst at Bernstein Research in London, equities businesses are in for a tough time. At key players like UBS, Barua thinks equities revenues will decline by...
View ArticleHow to get fast-tracked as a junior at Morgan Stanley
Fast-tracking junior investment bankers is the new done thing, but Morgan Stanley has stood out as the one large U.S. bank to stick with tradition. This, however, is a misconception. In fact, Morgan...
View ArticlePay is plummeting at KKR, Blackstone, Carlyle. Some charts
Private equity funds are supposed to be the panacea to every junior investment banker’s every problem. The work in private equity is supposed to be more interesting than in banking. The prestige is...
View ArticleForget Brexit, will Basel IV kill your banking job?
Who cares about Brexit? If the omniscient CFO of Deutsche Bank is to be trusted, it’s Basel IV you should be worrying about now. While Brexit was dismissed as giving Deutsche, “something of a...
View ArticleFidelity’s first-rate training and resources help associates achieve career...
Fidelity Investments actively recruits talented college graduates and career changers from other industries for financial associate roles at its regional call centers where they provide customer...
View ArticleMorning Coffee: The amazing forgotten Barclays recruitment video. Deutsche’s...
UBS has made a promotional video. Apparently it looks like Reservoir Dogs, but it also looks like middle aged men walking very slowly with transfixed smiles before talking earnestly about integrity...
View ArticleThe head of UK rates sales just left Goldman Sachs
Another senior fixed income salespeople has quietly disappeared from Goldman Sachs. This time, it’s Roop Bhullar, who was the MD in charge of UK rates sales until last week. Goldman didn’t comment on...
View ArticleThe top universities for the 2016 analyst class at Deutsche Bank, Credit...
European investment banks may be losing out to their U.S. rivals on both their home turf and state-side, but this doesn’t mean that they’re willing to crack open the door to prospective new recruits...
View ArticleBrexit could boost bonuses at U.S. banks in London
2016 bonuses will not be the best. Wall Street compensation consultant Alan Johnson is already predicting declines of 5% to 25% depending upon the sector you work in. In the City of London, the outlook...
View ArticleAndrea Orcel suggests bracelets still a thing for male bankers
Remember the male bracelet trend of 2014? The Shamballa jewellery surge among hedge fund managers spending £2k ($2.6k) on wrist trinkets? It’s still a thing at UBS. Orcel’s plain silver bracelet, along...
View Article