The only sales and trading jobs still worth it, by Deutsche Bank
Is it even worth applying for a new sales and trading job in an investment bank in 2017? As markets are automated, there’s less need for traders. As client lists are cut, there’s less need for...
View ArticleJefferies is still poaching senior investment bankers
Jefferies has been steadily plucking off senior investment bankers from its competitors both in the U.S. and UK, and it’s just added two new managing directors to its ranks early on in 2017. Paul...
View ArticleWealth management compensation: What U.S. financial advisers get paid
The pay of financial advisers in the U.S. – the wealth management professionals previously known as stockbrokers – is not straightforward. Instead, it’s a complex network of bonuses and salaries,...
View ArticleCredit Suisse analysts and associates keep joining this hot fund
Infrastructure funds are it. With Donald Trump promising to invest $1 trillion in roads, bridges, and buildings, infrastructure investing is seriously back in fashion. Not that it was exactly out of...
View ArticleMorning Coffee: Government Sachs or Goldman cast offs? J.P. Morgan is NOT...
Former Goldman Sachs employees often end up in U.S. government positions. Goldman is usually proud of this, seeing it as a “public service” reflective of the expertise it hires and develops who then go...
View ArticleThese senior Goldman Sachs bankers have been jumping to the buy-side
So far this year, senior investment bankers have been leaving Goldman Sachs and, usually, are landing on the buy-side. The latest example is Roy Schwartz, a managing director who worked at Goldman...
View ArticleDeutsche Bank’s ex-head of equities says banking careers are over
Do banking jobs have a future? If you’re a student who’s thinking of into finance, instead of – say, accounting – you might want to consult Kerim Derhalli, the former head of global equities trading at...
View ArticleWarning that passporting between the U.K. and the U.S. could be bad for...
When Theresa May meets Donald Trump this Friday, an olive branch may be extended to the City of London. Trump is reportedly contemplating offering the UK a new trade deal, under which U.K. and U.S....
View ArticleThe 15 top paying compliance and risk jobs in the U.S.
Compliance professionals are not immune to the onslaught of automation in banking, but a long-term upward trend in demand for middle-office professionals has meant that salaries have been on the up and...
View ArticleMorning Coffee: Wall Street bank execs’ $100m stock options bonanza....
The Trump Bump has been kind to the CEOs of some of the biggest Wall Street banks. Executives at some of the biggest Wall Street banks have sold nearly $100m worth of stock since the presidential...
View ArticleThe most effortless banking jobs of 2017
If you’re looking for a six figure front office banking job that’s easy in the sense of 40-hour weeks and abundant low hanging fruit during 2017, you’re going to be disappointed. Banks are under too...
View ArticleSeven tips to maintain a semblance of a life outside investment banking
When I was a banker, I always laughed whenever someone mentioned work-life balance. Those semi-annual emails from HR promoting that idea did nothing to reduce the reality of my 90-hour work week....
View ArticleInvestment banks’ markets staff still flocking to sink-or-swim hedge funds
While a lot of hedge funds bemoan the lack of talent coming out of investment banks now, two large firms continue to hire from the sell-side – Millennium Management and BlueCrest Capital Management....
View ArticleMoving finance jobs in 2017? This is how to make the right decision
It’s 2017. Some investment banks are cutting headcount, and some hedge funds are floundering. In such an uncertain market, making the move to pursue another opportunity could be risky. But many...
View ArticleUpset at Bank of America as London staff deprived of dollar bonus upside
Bonuses are being announced at U.S. banks in London. We understand that some of Bank of America’s people got their numbers today and that there’s disappointment in the ranks: the bank has allegedly...
View ArticleThis small private equity firm is hiring senior staff from Goldman Sachs and...
Smaller private equity firms are not just targeting junior employees. Over the past few weeks, senior investment bankers from bulge bracket banks have been turning up at relatively small organisations....
View ArticleMorning Coffee: Deutsche Bank’s other method of cutting costs. Leaving...
Deutsche Bank is doing it all: the hiring freeze, the bonus annihilation, the layoffs, and the movement of front office banking jobs to obscure near-shore locations that weren’t traditionally...
View ArticleSenior banking technologists quit to become fintech gurus
Banks have been battling over senior technology professionals over the past six months, but they have a new problem – top technologists are reinventing themselves as fintech gurus. It makes sense – if...
View ArticleNot middle class? Try accounting instead of banking
If you’re a student trying to get a first job, an accounting career has several things going for it. The Big Four accounting firms are easier to get into than the big investment banks. They offer more...
View ArticleNew golden rules for getting as rich as possible in a hedge fund
It’s increasingly unlikely that you’ll end up getting rich quick working for a hedge fund, but if you want to maximise your earning potential, there are some golden rules to follow. Work for a big...
View Article