The banks paying juniors the most are not the ones you think
Which investment banks in London pay the juniors in their investment banking divisions (IBD) the most? You might think it would be the big U.S. houses with their deep pockets and deep fees. It’s not,...
View ArticleMorning Coffee: The cunning plots to save the City of London from Brexit....
Today is D-day – Theresa May is about to pull the trigger on Article 50 to get the UK’s formal exit from the EU under way. But, as the City of London awaits a potential dreaded hard Brexit, there are...
View ArticleWhy you can’t find a new finance job – yet
It’s not you, it’s the market. If you’re looking for a new front office banking job and you can’t find one, that might be because banks are still biding their time. This could be about to change,...
View ArticleThe former head of equity strategy at Brevan Howard on how to survive as an...
Hedge funds have long been an escape route for sell-side analysts, economists and strategists looking for a way out of shrinking investment banks’ research desks, but even here they’re becoming...
View ArticleHow to get into fintech if you can’t code
Fintech firms are not only looking for coders. There are plenty of jobs available to people who have a less technical background. Here are the top roles available if you want to work in fintech, but...
View ArticleA head of rates trading at Credit Suisse has left for Bluecrest
Generous retention bonuses or not, senior rates traders are coming out of Credit Suisse. Following last week’s exits from Credit Suisse’s U.S. rates team, insiders say Credit Suisse has lost a senior...
View Article“I’m French and I’m starting at a London bank in 2017, Brexit or not. Here’s...
I’m French, I’m just finishing my studies at a grande ecole in Paris and later this year I’ll be starting a new job at an investment bank in the City of London, just six months after Theresa May...
View ArticleMorning Coffee: 46 year-old ex-Credit Suisse MD struggling despite earning...
The thought that there might be people ‘struggling by’ on $1m a year isn’t unfamiliar on these pages. Bankers on low seven figure “packages” have been bemoaning their liquidity problems for the best...
View ArticleJ.P. Morgan European chief: Don’t be a typical investment banker
Vis Raghavan, deputy CEO for J.P. Morgan in EMEA, has a method of working out whether someone is a good hire, and it involves a hypothetical old man. “I might say, imagine there’s an old man who is...
View ArticleWhat Goldman’s internal hedge fund trader did next
Until recently, the best trading jobs at Goldman Sachs London were arguably those in Goldman Sachs Investment Partners (GSIP), the firm’s internal hedge fund. It’s unfortunate then that GSIP’s London...
View ArticleThe ultimate primer for your first job in investment banking, hedge funds or...
Do you really understand how financial markets work? How an investment bank, hedge fund or asset manager operates and how they fit into the wider scheme of things? If you’re going for an entry-level...
View ArticleThe top technology teams at Goldman Sachs
Goldman Sachs needs ‘engineers’. As senior staff at the firm like to reiterate, Goldman is pretty much a technology firm. It operates 1.5bn lines of code, has an infrastructure with 38 petabytes (each...
View ArticleThis firm is using AI to keep tabs on investment banks’ traders
If Nader Shwayhat, CEO of fintech firm of GreenKey Technologies, has his way every conversation on the trading floor will be instantly recorded, transcribed and stored as soon as it happens. As banks...
View Article8 ways to negotiate your job offer for a new role
The joy of getting a job offer can be tempered by a sense of disappointment if you fail to negotiate the right offer. So how can you encourage a prospective employer to offer a suitable package without...
View ArticleMorning Coffee: 49 year-old MD aims to pay off mortgage with single M&A deal....
Can you still make a massive bonus in M&A? Maybe, if you’re an MD at Jefferies. The sorry tale of Christopher Niehaus, the 49 year-old managing director on Jefferies’ industrials team who was...
View ArticleAI discovers which bankers have the greatest propensity to smile
Artificial intelligence can be used for a lot of things. Curing cancer, developing iterative trading strategies, predicting sepsis in intensive care. It can also be used to analyze people’s mugshots....
View ArticleSocGen has just hired a new head of emerging markets trading from Millennium...
Investment banks are a better option for senior traders than hedge funds right now. Despite the Brexit-related recruitment frost, senior traders and portfolio managers on the buy-side are gravitating...
View ArticleLeaving banking was the hardest thing I’ve ever done
All I thought about were words. It would start on my morning commute: stance wide like a surfer on the shaky train, balancing fresh coffee in one hand, a book in the other. Whether I got through a...
View ArticleEx-punk rocker turned Goldman Sachs ED is now looking to connect with...
In another life, Reto Bolliger might have been the lead singer for Zurich’s answer to the Sex Pistols. As it was, he ended up at Goldman Sachs. “I played around 50 gigs as the front man for a band that...
View ArticleUpset as sexiest group of bankers gets demoted in new world order
Bank of America and Citigroup were among the first. Last year, the two U.S. banks began crowing about the virtues of their corporate client base in fixed income sales and trading. Corporate clients...
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