Why it is that women love J.P. Morgan more than Goldman Sachs
Women like big name banks. When asked which large firms they wanted to work for, in our annual survey of employers, women gave banks four of the five top slots. In fact, in the entire top ten, Google...
View ArticleThe hedge fund job that will give you an easy life. And its downsides
Every ranking of the top accounting firms in the world begins the same way: PwC, Deloitte, EY and KPMG, in some order. Yet surveys and anecdotal evidence suggest that the Big Four offer a work-life...
View ArticleHow fintech jobs became boring
It was always inevitable that success in the fintech sector would be driven more by the “fin” side of things and less by the “tech.” This is, after all, a regulated industry where moving fast and...
View ArticleMorning Coffee: Hedge fund manager warns that big wealth could damage your...
Not often will you see a hedge fund billionaire badmouth capitalism and take on the issue of income inequality. It just begs for calls of hypocrisy. So consider Paul Tudor Jones fearless. The hedge...
View ArticleSenior investment bankers dumped as 2018 turns sour
It’s turning out to be a bad year to be a high ranking investment banker in Europe. As costs are cut and capital markets deals remain low, banks are doing away with some of their most senior and...
View ArticleCan’t code and want to stay in finance? This ex-Citi MD has a plan
If you work in a front office job in an investment bank and you’re worried about being displaced by intelligent machines, the former head of macro structuring at Citigroup would like to be your friend....
View ArticleHow to get a job at Goldman Sachs with no degree and a background in...
Goldman Sachs is making a major push into retail banking with the planned expansion of Marcus, its digital consumer lending and finance business launched in 2016. David Solomon, the assumed successor...
View ArticleThis is why hedge funds are better than private equity for M&A analysts
Markets may rise and fall. Summit meetings between world leaders may be un-scheduled and then rescheduled. But in a world where so much is uncertain, there is one thing at least that can be relied...
View ArticleMorning Coffee: Goldman Sachs bankers are going to Paris for the summer. The...
August in Paris is usually quiet. The Parisians themselves have followed the sun to beaches further south and the tourists are thronging at the principal sights. Away from the hot spots, cafes are...
View ArticleTrader who quit Goldman Sachs for Morgan Stanley is back 6 months later
A trader who left Goldman Sachs for Morgan Stanley in December 2017 is understood to have quit Morgan Stanley to return to Goldman. Julian Naden Robinson, who joined Morgan Stanley in January 2018 as...
View ArticleBig buybacks are back at Deutsche as valued staff leave
Deutsche Bank is doing it again. As staff it wants to keep threaten to walk away, it’s reportedly offering substantial inducements to make them stay around. Various headhunters in London tell us they...
View ArticleThe questions prospective bankers should – and shouldn’t – ask during interviews
Preparing a list of questions to ask hiring managers is advisable when interviewing for any role. It shows you’re prepared and invested. But when it comes to investment banking, your questions need to...
View ArticleIt’s not just Fred Jallot: a lot of recent credit hires are leaving Nomura
Another senior executive has fallen foul of the curse of 2018. Fred Jallot, Nomura’s global head of credit and asset-backed securities in Europe, the Middle East and Africa, is leaving the bank....
View ArticleMorning Coffee: Existing traders threatened with extinction by new...
The rise of the robots in the trading world just got a little bit scarier for the people still employed by banks to buy and sell stocks. Being good at their day job is no longer enough – they must also...
View ArticleRecently promoted MDs are leaving Goldman Sachs
Maybe making managing director (MD) at Goldman Sachs isn’t what it was? Following last year’s bumper promotion round, several of the people who received Goldman’s second highest accolade have already...
View ArticleThe global head of credit trading has left Société Générale
SocGen has lost its most senior credit trader. Insiders say Laurent Henrio, global head of credit trading at the French bank, left yesterday after resigning two weeks ago. Neither SocGen nor Henrio...
View ArticleBarclays is hiring investment bankers to cover Europe, from London
Barclays is building out its investment banking business in Continental Europe. As our German editor reports today, the British bank is said by headhunters in Frankfurt to be recruiting a head of...
View ArticleTwo top Deutsche Bank equity derivatives MDs quit for Morgan Stanley
The exits at Deutsche Bank continue. Insiders say some of the German bank’s most senior equity derivatives professionals in Europe have left today, seemingly for Morgan Stanley. The departures include...
View ArticleThese are the latest Credit Suisse interview questions
If you step into an interview with Credit Suisse (presuming you make it through their initial application process), you will want to be prepared. Many people apply for banking jobs. Few make it...
View ArticleA brief guide to working on the trading floor during the World Cup
The FIFA World Cup has begun. Goldman Sachs has devised an algorithm that says Brazil will win, so maybe it’s a foregone conclusion. Some teams (eg. the U.S.) haven’t even qualified. Even so, when you...
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