This wealth management fintech firm is hiring…in Rhode Island
If you want to work in financial technology, you’re not always likely to be based in a major financial center. In the U.S., Rhode Island is offering incentives for companies to set up and create jobs,...
View Article“Credit Suisse pays all its mediocre MDs far too much”
Credit Suisse’s investment bankers and traders have a name for Tidjane Thiam: “The celebrity.” The French-educated ex-government minister who cut his teeth at the Prudential is seen as a bombastic big...
View ArticleMorning Coffee: The highest paying salaries for special 20-somethings....
Investment banks demand a lot from their graduate recruits. Clocking up 100-hours weeks, being at the beck and call of clients (and managing directors), often less than ‘challenging’ work. But here’s...
View ArticleWhat you should know about working for Credit Suisse now
Credit Suisse is the first major European investment bank to report its first quarter results. It’s managed to keep the fixed income party going. Across fixed income sales and trading revenues were up...
View Article“All the best people left banking years ago”
If you’re a young person starting in banking now, you might expect to find an industry replete with the wisdom amassed from various financial crises and filled with brilliant battle-worn managers. You...
View ArticleLori Beer, J.P. Morgan’s investment bank CIO on fintech, funky offices and...
When Lori Beer, the recently-installed chief information officer of J.P. Morgan’s corporate and investment bank, started out in 1989, technology was much more of a man’s world than it is today. More...
View ArticleGoldman Sachs has space ready for 100s more people in Frankfurt
Space is likely to become an issue as banks move operations from London to Frankfurt post-Brexit. Savills’ Frankfurt property investment head told Bloomberg the shortage of office space in the small...
View ArticleDeutsche Bank has made another major U.S. hire
Deutsche Bank is emerging from a self-imposed hiring freeze and has a renewed enthusiasm for hiring in senior bankers – especially in the U.S. The latest major hire in the U.S. is not in advisory,...
View ArticleHow I made my way from poverty to playing in the Super Bowl – and now PE
Rising from poverty to graduate from an Ivy League university is impressive enough, but that only scratches the surface of Isaiah Kacyvenski’s story. He earned two degrees from Harvard and was an...
View ArticleIt’s not just Obama: Cantor Fitzgerald is on a hiring roll
Want to work for Cantor Fitzgerald? We’re just asking because the U.S. brokerage firm seems to be making a big push in 2017. – Paying Obama $400k to speak at a conference is just the start. In the past...
View ArticleMorning Coffee: The nasty news for Deutsche bankers aside from Brexit. Worked...
Deutsche Bank has reported its first quarter results and they’re not great. The bank’s traders did less well than rivals. Maybe that’s because they’re so constrained by risk management staff? Sylvie...
View ArticleGoldman Sachs sales MD makes bold switch to the buy-side
Last year, as Goldman Sachs axed more than its usual 10% clear out, senior fixed income sales staff felt the bulk of the cuts. This year, they’re leaving of their own accord. The latest departure is...
View Article10 questions you should ask when joining Deutsche Bank now
Deutsche Bank has reported. The first quarter of 2017 at the German bank wasn’t that great, particularly when compared to U.S. banks which had a spectacular start in fixed income trading (Goldman Sachs...
View ArticleMD quits M&A for top role at Houston private equity fund
U.S. oil and gas M&A bankers are having a great start to the year. Thomson Reuters says energy and power was the biggest sector for U.S. M&A deals in the first quarter and Dealogic says U.S....
View ArticleThis is how much young hedge fund professionals earn in the U.S.
Have you ever wondered how much early-career-stage hedge fund professionals really make in the U.S.? Well, that depends very much on the type of firm you work for. You may not have realized how wide...
View ArticleCitadel has poached another Morgan Stanley chief information officer
How many former Morgan Stanley chief information officers does one firm need? Fresh from hiring Steve Lieblich, Citadel LLC has just poached another senior technologist from the bank. Gil Shaked, a...
View ArticleThis is how much you should earn as an investment banker in your 20s, 30s and...
Former bankers who’ve left the industry have taken to issuing warnings to 20-something students who are thinking of joining. Banking is boring, they say. The learning curve is steeper elsewhere. The...
View ArticleHow to sail through a compliance job interview in banking
If you work in compliance right now you probably consider yourself able to find a new role almost at will. But while compliance professionals remain in demand, despite the advance of regulatory...
View ArticleMorning Coffee: How investment bankers handle the trauma of being fired. Can...
Investment bankers, unless they’re very lucky, will at some point their career be fired. Banks clear out under-performers every year, juniors can lose their jobs in the first year, or even the first...
View ArticleThe hottest junior investment banking job, with the most escape routes
Investment banks have to work harder to hold on to their junior bankers who focus on technology deals. Tech juniors are being targeted by a range of companies and are ditching banking after only a few...
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