Hedge funds hope to avoid destruction by copying Google
Hedge funds will soon have to fill their offices with helter-skelters, Ferris wheels and sleeping pods if they want to continue to attract the talent they need to survive. And in order to reach these...
View Article10 reasons no one wants to date bankers
You work in an investment bank and you’re single. And it’s Valentine’s Day. The horror. Clearly not everyone in finance is facing the prospect of a solitary evening in with a box-set. And clearly not...
View ArticleChinese banks are hiring on Wall Street, but there’s a catch
While U.S. and European banks alike have been shedding headcount in leveraged finance, Chinese banks are pushing ahead with hiring on Wall Street. There’s just one catch – you need to speak Mandarin....
View ArticleMorning Coffee: Goldman Sachs and the undeserving 20%. The boozy Jabba the...
Goldman Sachs, the investment bank that has always insisted that it will continue to pay for performance as its competitors bemoan compensation ratios, has handed out donuts to 20% of its staff. This...
View ArticleJ.P. Morgan has no need of your intelligence
Timothée Linyer used to work for J.P. Morgan. He was an analyst on the bank’s healthcare team until, like plenty of other analysts nowadays, he quit to found a start-up. While other ex-analysts busy...
View ArticleThe top universities for the 2017 summer intern class at Goldman Sachs, J.P....
Investment banks in the UK are under more pressure than ever to ensure their graduate recruits come from more diverse backgrounds, following a damning report suggesting that most people hired into the...
View ArticleSeven survival tips when you work for a boutique investment bank
Working in a large financial services organisation often necessitates being part of a small fiefdom, where playing office politics is as important for your promotion prospects as any performance...
View ArticleCo-head of UK investment bank said to leave UBS before bonuses
UBS has already announced its bonuses for 2016. Unfortunately, some of its senior investment bankers won’t be around to receive them. London headhunters say UBS has been trimming some of its senior...
View ArticleMorning Coffee: Credit Suisse in unusual display of generosity to its...
So, now we have an idea what Credit Suisse CEO Tidjane Thiam meant when he said at Davos that bonuses at the Swiss bank would be okay this year. – He meant that Credit Suisse would be paying its...
View ArticleTop Barclays rates salesman moves to Wells Fargo
Barclays has lost one of its most senior rates salesman in London. He has resurfaced at Wells Fargo – one of the few banks still talking up a UK expansion. Daniel Wrobel, who worked at Barclays for 12...
View ArticleMorgan Stanley M&A bankers “grunting” about bonuses. Credit Suisse letting go...
Morgan Stanley and Credit Suisse’s M&A bankers out-performed the market in 2016, but – Credit Suisse’s Asian investment bankers aside – they don’t seem to be getting much thanks for it. As the...
View ArticleJerry del Missier’s tiny investment firm has been hiring from Deutsche Bank...
Remember Jerry del Missier? The former co-CEO of Barclays investment bank, and reportedly one of the highest paid people at the firm, set up his own private equity style investment firm on the...
View ArticleWhy I quit my huge job at Google to launch a new fintech firm
Most fintech start-up CEOs tend to come from finance. Brett Crosby, who recently started PeerStreet – an investing platform for real estate loans – has spent the past decade in the inner sanctum at...
View ArticleTop quant trader leaves Credit Suisse in NYC after 13 months
A senior trader in Credit Suisse’s New York City systematic strategies unit is leaving the bank not very long after he arrived. Photios Harmantzis, a director in Credit Suisse’s NYC Systematic...
View ArticleThe poisonous 20-something investment bankers to avoid
An investment bank’s analyst program is a prestigious first step towards a promising career. If you’re fortunate enough to achieve place, you’ll find a deep pool of talent, with generally three...
View ArticleMorning Coffee: Andrea Orcel says 25% of M&A bankers won’t make it. The man...
Andrea Orcel, the president of the investment banking division at UBS, said that one in every four M&A advisory investment bankers doesn’t work out and that he prefers to hire them through...
View ArticleThis one investment bank is still making major hires in London
Even after a couple of decent quarters, few investment banks are pulling the trigger on senior hires. There’s one exception in London, however – Wells Fargo. The U.S. bank has made another managing...
View ArticleMeet the men bringing Goldman Sachs’ SecDB to the masses
If you work in investment banking technology, you should know the names of Kirat Singh and Mark Higgins. Both men have been at the heart of some of the biggest projects at large banks – Goldman Sachs’...
View Article11 survival tips for analysts and associates in investment banking
Joining an investment banks graduate programme is no guarantee that you’ll go on to become a real investment banker. Not only are more millennial analysts heading out on their own with increasing...
View ArticleDon’t be fake: How IEX’s “Flash Boys” boost employee morale
Should you be yourself at work? In the political financial services sector, the concept of authenticity might be viewed as both a the latest HR fad and a genuinely unwise course of action. However,...
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