Bankers leaving London because of Brexit should have better lives in Europe
Bank of America is going for it. The U.S. bank will reportedly be moving around 400 staff, of whom 200 are expected to be in the front office, to Paris starting next week. As we reported earlier this...
View ArticleHow to get an MBA and learn to code at the same time
Many business schools are seeing a softening or even a decline in applications to their full-time MBA programs. The falloff can be attributed to multiple factors, including strong employment rates and...
View ArticleDeutsche Bank promotes managing directors in the U.S.
Despite cutting roughly 1,000 jobs across its investment bank in the U.S. during 2018, Deutsche Bank still rewarded its better-performing staff with a series of promotions this month. The German lender...
View ArticleMale finance boss claims female associate gave him mixed signals
Maybe it was all a terrible misunderstanding? As we’ve reported here in recent weeks, 50 year-old infrastructure fund manager Frederic Michel-Verdier stands accused of sending inappropriate texts and...
View ArticleMorning Coffee: How bankers talk when they want a $40m bonus. What is Andrea...
If you’re looking for gems of insight into what goes on at the very top levels of a slightly dysfunctional investment bank when the pressure is on, the Barclays trial is a trove of treasures. One of...
View ArticleWhy you can’t leave banking and do what you want
You survived. Monday last week was apparently the most depressing day of the year; the fact that you’re still a fully functioning human being who got out of bed this morning, is testimony to your...
View ArticleCOMMENT: My Goldman Sachs securities interview was totally exhausting
I’m a student and I recently interviewed for a securities job at Goldman Sachs. If anyone else is interviewing at Goldman now, I want to warn you – their interviews are hard. Very, very hard. I’d read...
View ArticlePrivate equity firm linked to Richard Branson adding juniors in Europe
A London-based private equity firm that made headlines last year by partnering with Virgin billionaire Richard Branson on a co-managed fund is growing its business in continental Europe and is looking...
View ArticleThe top places to work in fixed income trading
Extreme market volatility toward the end of 2018 turned a promising year in fixed income sales and trading into a rather disappointing one, with each of the five big U.S. banks booking double-digit...
View ArticleMorning Coffee: Banker with reputation for working juniors 80+ hours a week...
These days, it’s become normal for banks to curtail the hours their juniors work and for juniors to be empowered to push back against senior staff who dump work on them late at night. At JP Morgan, the...
View ArticleEx-Goldman MD is now ready to build his team at Millennium Management
If you’re an emerging markets trader in search of something new and exciting, you might want to hit-up Uberto Palomba, an EM trader with a long pedigree. Palomba is about to start something new and we...
View ArticleGoldman Sachs is opening its offices in Milan and Stockholm as Brexit...
With Theresa May flying to Brussels to scenes of accidental World War II imagery on the BBC News as she endeavours to renegotiate a deal she herself previously said was non-negotiable, and with March...
View ArticleComplaints at Nomura as bank signals big rethink: “There seems to be no...
In April 2019 it will be three years since Nomura did the deed – since that one weekend in late spring when it unexpectedly decided to pull the plug on its European equities business and eliminate 500...
View ArticleMorning Coffee: Deutsche Bank’s dirtiest secret, and meet the “Old Gits” of...
It’s Deutsche Bank results day, and things aren’t too bad (the first net profit since 2014, a fourth quarter revenue drop of just 5% in the corporate and investment bank) but the quarterly performance...
View ArticleDeutsche Bank’s managing directors don’t really deserve bonuses anyway
Blame the, “challenging market conditions.” Blame the, “DB specific newsflow.” Blame the “strategic decisions,” the “strategic repositioning.” Blame the weather. Deutsche Bank’s fourth quarter was in...
View ArticleBonus rage. And how to handle it
You can usually tell when someone has been paid like sh*t. They’ll walk straight out of the office after their compensation conversation, sit back down at their desk and stare at their screen....
View ArticleThis U.S. alternative asset manager is poaching junior bankers in London
If you’re a junior investment banker with less than two years’ experience (say, an analyst working for a major U.S. investment bank) and you fancy a move to the buy-side, a U.S.-based alternative asset...
View ArticleWhat to study when your parents are poor and you want to be rich
What should you study at university? What should you study at university if you come from a comparatively low income household and you want to be a high earner? – And where should you go to study it?...
View ArticleMorning Coffee: “We are paid a ton. Looking forward to my yearly bonus of...
A certain sort of banker can step aside. A new person is occupying the space commonly associated with crass materialism: the greedy employee of big tech. They’re making the sorts of statement...
View ArticleMorgan Stanley prides itself on the opportunities it offers staff. Here’s how...
Charlotte Rahn, an Associate in Investment Banking at Morgan Stanley, clearly remembers the moment she decided she wanted to work for the bank. “I was at a career fair and met an analyst from the...
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