How you are sabotaging your banking career
It makes no sense. You’re technically excellent, continue to bring in the numbers and yet your career is at a standstill. Management roles, or even a necessary bump up to get a bigger salary, continue...
View ArticleI’m an associate in M&A. This is how I network
Success in finance, as in most careers, is a lot about two things: what you know and whom you know. The “what” is often a factor of self-directed learning, perseverance and experience. The more you...
View ArticleGoldman Sachs has just made a senior electronic trading hire
Goldman Sachs is getting serious about building out its electronic trading business and has just poached a new managing director in New York. John Cosenza, who was previously head of electronic trading...
View ArticleGoldman Sachs M&A bankers set to converge at this new boutique
If you work in M&A at Goldman Sachs and are a little lacking in enthusiasm, there is an alternative. Ardea Partners a new boutique set up by Goldman’s former co-chairman of investment banking in...
View ArticleFour lessons you can learn from Morgan Stanley’s 2016 associate class on Wall...
Contrary to popular perception, investment banks in the U.S. are still hiring MBAs into their associate programs. Morgan Stanley has just hired a pool of new associates in New York, this is what it...
View ArticleMorning Coffee: How to retire at 40 from a back office job. Ex-Goldman hiring...
Most people dream of being successful enough to put away a sizeable nest egg, putting themselves in a position to retire as soon as possible and live the life they’ve always imagined was possible. That...
View ArticleI was an MD in FICC. Losing my job at 35 means I’m finally looking after my...
If you make into a senior role in investment banking, there are plenty of reasons to stick around. The pay, the prestige, the lack of alternative careers that can offer similar remuneration. But what...
View ArticleThese four hedge funds are hiring in London
Would you join a hedge fund in the UK now? Maybe it’s a bit risky, considering the downsizing at large players like Brevan Howard and Tudor Investment Corp, but people are being hired in London...
View ArticleInside Cryan’s Deutsche Bank: the pain and the pay
If anyone has the experience to steer Deutsche Bank through the storm, it is John Cryan. Rarely has the appointment of a banking CEO looked more fortuitous. Prior to becoming CEO of Deutsche in July...
View ArticleWhat if you’d just quit Goldman Sachs and Citi for Deutsche Bank?
Imagine if you’d just left a rival tier one investment bank to join Deutsche. Imagine if the bank you’d left was Citi or Goldman Sachs. And imagine if, in the process of moving to Deutsche you’d had...
View ArticleHow soon can you leave your job in an investment bank?
We write a lot about people who’ve left investment banks for something else. Leaving banking for a tech firm, or a private equity fund, or a pet food company is the thing. Few people aspire to become...
View ArticleMorning Coffee: How this 29-year-old trader pursued a $25m golden hello....
Three City traders stand accused of making “bogus trades” by recording the currency of their deals in dollars rather than Argentine pesos to milk $100m from a Russian bank. The three men altered the...
View ArticleGoldman Sachs, HSBC juniors escaping to Point72
Want to leave your job in M&A or equity research at a tier one (or even a tier three) investment bank in London? Steve Cohen’s family office will hire you. Point72 Asset Management, which had...
View ArticleCredit Suisse’s head of European credit structuring has left the bank
As Credit Suisse continues to pare costs in its investment bank, one of its most senior European structured credit bankers, has left. Emmanuel Parrenin worked for the Swiss bank in London for 11 years,...
View ArticleWhat it’s really like to work in leveraged finance, by a J.P. Morgan MD
If you want to work in the investment banking division of a large firm, leveraged finance is probably not the obvious choice. M&A and capital markets still hold the most sway to those starting out...
View ArticleHard Brexit looms. How safe is your London banking job?
If you thought Brexit was either going to be endlessly deferred or so soft and cuddly that Britain’s banking industry escaped almost unscathed, you were wrong. In her conference speech yesterday,...
View ArticleDeutsche Bank markets MDs are now heading for the door
If you’re a senior investment banker who gets the tap on the shoulder at a struggling firm to tell you that your role is ‘at risk’, how long before you’re actually shown the door? In the case of Gavin...
View ArticleMorning Coffee: Sad lives of 23 year-olds on trading floors. Theresa May’s...
Everyone knows that life as a junior in an investment banking division (IBD) can be harsh, but is your youth spent any more productively as an analyst or associate on a trading floor? As a trading...
View ArticleThe best Polish banking jobs at Goldman Sachs, UBS, CS, Citi
As a hard Brexit veers into sight, something is becoming clear: all the talk about banks shifting jobs out of London is misplaced. It’s not shifting existing jobs out of the City that’s the issue, it’s...
View ArticleJ.P. Morgan’s new Nomura analyst. Barclays hired a credit trader
If you’ve lost your job in an investment bank, Nomura’s unwanted equities professionals should be an inspiration to help you find a new one. Months after Nomura closed its equities business, Nomura’s...
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