These 40 year-old fixed income MDs are in big demand
Fixed income salespeople and traders are back in business this year. However, if high yield is hot in terms of market indicators, the hiring is happening in emerging markets. If you’re a senior fixed...
View ArticleThis is what it’s really like starting out at a hedge fund
You have to pay your dues when you enter any industry, but starting out at a hedge fund has the reputation for being more difficult than the early stages of most jobs. The high pay for front office...
View Article“Stale male bankers can’t handle us attractive female juniors”
I don’t mean to sound prurient, but the men in banking are all on top. And as you’ll know if you’ve worked in the industry, the women in the industry are all below them. I quit banking earlier this...
View ArticleOne of the world’s largest SWFs has quietly been hiring London finance...
Researchers, strategists and economists working for large investment banks in the City need new options. This might be working in investor relations, escaping to the buy-side or trying to secure a...
View ArticleBanks poaching each other’s M&A juniors as hiring heats up
There have been mixed messages on the health of banks’ M&A businesses in Europe this year. On one hand, EMEA M&A revenues were down 27% year-on-year in the first quarter according to Dealogic....
View ArticleDoes Brian Chin have the worst job in banking?
Pity Brian Chin. While most banks (expect possibly J.P. Morgan) have ambitious plans for 2017 and beyond, Credit Suisse’s plans for its global markets division are among the most misty-eyed of the lot....
View ArticleDash CEO: Buy-side trading desks will soon be mostly technologists
A decade from now, maybe sooner, buy-side trading desks will be staffed almost exclusively by technologists, according to a top trading technology executive. “I think you’ll see, in 10 years, the...
View ArticleBank of America turns to preachers and toxicologists in new recruitment drive
In the competitive world of wealth management in the U.S, poaching from competitors is expensive, so more banks and broker dealers have to be creative. Developing talent in house is a key component,...
View ArticleEx-Deutsche MD says young people can do better than banking
There’s something about senior people who leave Deutsche Bank. As we reported in January, Kerim Derhali, a former equities trader who left Deutsche Bank in 2012 has been touring East Coast Universities...
View ArticleMorning Coffee: The biggest fear at Barclays now. Learn to live with...
Just before Barclays was rocked by the investigation around its CEO Jes Staley, the bank quietly shelved plans to offer an anonymous whistleblowing service. Before that, in 2016, it was handing out...
View ArticleThis hedge fund is hiring, even as London exits continue
Most hedge funds in London have so far shuttered their doors to new hires this year, but Millennium Management, the $35bn fund founded by Israel Englander, has been powering ahead with recruitment....
View ArticleWhen recruiters brush you off. And how to handle it
“Thank you for your application, we’ve kept your details on file.” In a world full of ambiguities, the standard recruiter brush-off is an indecipherable uncertainty. What does it mean? Have you been...
View ArticleThe hottest jobs on Wall Street in Q2
The traditional first quarter hiring frenzy on Wall Street has been more of a damp squib. What will happen in the next three months? This is where recruiters think the hiring will be. TMT, energy,...
View ArticleYou should’ve looked for a London finance job two years ago. A chart
Recruitment firm Robert Walters says banks in London are “bored of Brexit” and are therefore hiring again. That may be true, but it was still a lot harder to find a new finance job in the UK in the...
View ArticleInvestment banks’ junior ranks are being pilfered by a range of buy-side firms
Private equity firms, direct lending and distressed debt funds have been raiding the junior ranks of investment banks, despite banks’ recent efforts to keep hold of analysts and associates. Juniors at...
View ArticleGoldman Sachs associate discovers perfect IBD exit strategy
Julian Beckh may have nailed the perfect exit from an investment banking division. And no, it doesn’t involve joining the buy-side. It doesn’t involve joining a technology unicorn. Nor does it involve...
View ArticleThis Wall Street trading firm keeps hiring managing directors
If you’re looking for a senior level job on Wall Street, you could do worse than trying Cantor Fitzgerald. Cantor keeps hiring – and at very senior levels. As we reported last month, Cantor hired Greg...
View ArticleMorning Coffee: Scapegoat traders taking the fall for senior bankers. Don’t...
There’s a common theme emerging among traders who have been singled out by regulators over the Libor fixing scandal â don’t blame me, blame the system. The latest to emerge into the public eye is Alex...
View ArticleEight things you’ll miss if you quit investment banking
When you’re mired in spreadsheets for 14 hours a day, the prospect of ditching banking for something entirely new is as refreshing as jumping into a fresh, crisp swimming pool. But it can be a leap...
View ArticleBank of America Merrill Lynch’s head of EMEA FX has just joined Bluecrest
Since converting to a family office managing the personal wealth of CEO Michael Platt and its partners, Bluecrest Capital Management has been luring some senior traders across from investment banks....
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