These are the students Goldman Sachs REALLY wants to hire
Once upon a time, Goldman was banging the drum for liberal arts majors. Liberal arts graduates are Goldman’s second most populous employee cohort according to its own statistics. Last November, partner...
View ArticleJ.P. Morgan’s ex-head of electronic trading says banks have hired all the...
Sameer Gupta knows about electronic markets. The former COO for J.P. Morgan’s global electronic equities trading and Americas high touch and program trading business has been steeped in trade...
View ArticleWhy I sold my hedge fund to take on the banks
After Ken Staut graduated with his MBA from Columbia University, he co-founded an event-driven long/short hedge fund. He wore many hats, working on everything from data analytics, risk management and...
View ArticleGoldman Sachs EU bond trader quits London to start hedge fund in New York
A senior trader at Goldman Sachs who specialised in European government bonds has quit his job in London to launch a hedge fund in New York. In what appears to be a departure related to Brexit – and...
View ArticleAssociates and VPs stuck in horrific promotions bottleneck. Here’s how they...
Promotions have long been used by banks as a tool for retaining their best talent, with all global banks having clearly defined ranks and a structured career path for their employees, typically from...
View ArticleMorning Coffee: Goldman can replace 3 traders with one programmer. Deutsche...
It’s happening. Marty Chavez will be installed as Goldman Sachs’ new CFO in April, but the spectre of automation across various front office positions is already looming large. As Goldman’s former CIO,...
View ArticleThe “pioneering” way this Hong Kong MBA programme gets its graduates better...
“By the time you finished your MBA at Hong Kong University, you’re very well placed to advance your career in financial services,” says Sachin Tipnis, HKU’s executive director of MBA programmes. “And a...
View ArticleIt’s not you: it’s your CV
Banking recruiters are CV traffickers. At this time of year, good ones will see huge numbers of CVs every day. So, who can blame them if they develop foibles? If they cultivate semi-rational dislikes...
View ArticleTop-ranked bank analyst looking for third job in one year
This time last year, Chintan Joshi was co-head of the European banks research at Nomura and one of the top-ranked analysts out there. Now, two jobs later, he’s looking for new opportunities again....
View ArticleFive crazy start-up ideas in FinTech now
FinTech is a buzzword that incorporates a vast array of financial sectors, functions and new ideas that are disrupting the traditional ways in financial services. Some start-ups are operating in a...
View ArticleDeutsche Bank’s bonfire of equities directors & MDs has begun
It has begun. Deutsche Bank’s 200 equities layoffs are being made and it’s the German bank’s directors and managing directors who are the targets. Deutsche isn’t commenting on the redundancies, but...
View ArticleYour banking bonus is lousy? Here’s why
While 2016 certainly had its bright spots, there are going to be a lot of lousy bonuses in particular areas across the financial services industry. If you get a small bonus or none at all, ask...
View ArticleCFA, MBA, Masters, CAIA or ACA: What do private equity firms want?
Private equity firms like to hire winners. They want the elite investment bankers and graduates who can demonstrate the sort of qualities that will set them apart from the 300 other applicants. This...
View Article“I worked for Moelis & Co. The hours there were brutal”
Moelis & Co. has hit the big time. The boutique M&A advisory firm, founded in 2007 by ex-UBS and DLJ rainmaker Ken Moelis, is a boutique no longer: it’s seen off far bigger banks to work on the...
View ArticleSenior Deutsche debt banker quits for top hedge fund
The exits keep coming at Deutsche Bank, and they’re not all involuntary. With Deutsche said to be delaying its fixed income redundancies until the end of the month, insiders and headhunters say some...
View ArticleHow accountants can avoid being replaced by robots
Steve Palomino, the director of financial transformation at robotic process automation company Redwood Software, has both a CPA and an MBA and worked at two of the Big Four audit firms. Now he works on...
View ArticleMorning Coffee: Goldman Sachs to London traders: “Move to NYC or lose your...
If it happens, it will happen like this. Goldman Sachs isn’t eviscerating its London office because of Brexit yet, but it’s having what could amount to a tiny trial run. Reuters reports that Goldman...
View ArticleJ.P. Morgan is making a habit of hiring senior people from Goldman Sachs
One of the golden rules of working for Goldman Sachs is that you embrace the culture of the firm and believe in its supremacy over its investment bank rivals – especially J.P. Morgan, which is lodged,...
View ArticleDoes this French investment bank contain Europe’s best traders?
The French banks have reported. Earlier this week it was BNP Paribas. Today it’s SocGen. The two frenchies didn’t do badly in the fourth quarter, but in global markets specifically one did very well...
View ArticleMorgan Stanley is promoting special 21 year-olds after 4 months
Want to get a quick promotion to associate at Morgan Stanley? Forget the investment banking division (IBD). Forget sales and trading. Try the tech team. Specifically, try the tech team at Morgan...
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