Forget UBS and Barclays. Europe’s finest traders are quietly killing it
Should you do lots of things ‘ok’, or one thing very, very well? It’s a question that UBS and Barclays might ask themselves in light of today’s first quarter results. Both banks had a superb quarter in...
View ArticleHow Macquarie enables its employees to manage life’s challenges
Most financial services firms are not known for offering flexible work arrangements, but Macquarie Group is, helping employees achieve work-life balance and spend more time with what’s important to...
View ArticleThe 120,000 quants competing for Steve Cohen’s money still don’t want to work...
The rise of the DIY quant conjures up images of pony-tailed nerds coding out of their mother’s basement for the vague prospect of winning some prize money. In fact, most are professionals in a range of...
View ArticleRichard Gnodde said something important about Goldman’s trading jobs after...
Richard Gnodde, chief executive of Goldman Sachs International, has released a podcast on the state of play at Goldman with regards to Brexit. It supesedes his previous assurances last month that...
View ArticleI left behind my career in banking, PE and the Big Four for a social media...
I remember trying to reassure myself as I walked out the doors of my swanky Madison Avenue and 42nd Street office: “Just breathe! Don’t worry; it will be okay!” It was my last day of work at Jones Lang...
View ArticleThe worst treated group of people in all of finance? Or the best?
European banks have got a new bete noir. It’s not the “ugly ducklings” of Tidjane Thiam’s nightmares, it’s their contractors. That legion of hired guns on £500+ ($647) a day who work on short projects...
View ArticleWhat senior bankers say, and what senior bankers mean
When you work in banking, you need to understand the vernacular. Banking has its own code language and its own culture and the bosses are known to be passive aggressive. This means they might say one...
View ArticleThe recent fixed income party won’t stop investment banks’ FICC desks shrinking
Last month, the U.S. federal reserve raised interest rates for the second time in three months, the first of three rate hikes expected in 2017. While other markets — Japan, Europe and Canada — are...
View ArticleCareer dev tips from ex-Fidelity analyst, current CLS chief investment officer
Early in his career, Rusty Vanneman worked as an analyst, manager and product manager at Thomson Financial in a group called Technical Data, which was eventually re-branded Thomson Global Markets. It...
View ArticleMorning Coffee: Being a 39 year-old partner at GS may not be a lot of fun....
If you’re a partner at Goldman Sachs aged 39, you might think you’ll be set for life financially. Maybe so, but you’ll have to sweat blood while you’re in that partner seat. Take Adam Savarese, the 39...
View ArticleWhy people want to work for PwC and Deloitte over McKinsey and BCG
The gold standard in consulting is making it through the doors at one of MBB: McKinsey & Co, Bain & Co and the Boston Consulting Group. They’re seen as the most prestigious firms to work for,...
View ArticleMeet the small bank hiring fixed income traders from Morgan Stanley and...
What do you if you leave your fixed income sales or trading job at Morgan Stanley? You could always try getting another one at TD Securities. The Canadian bank is hiring in London, and it’s hiring from...
View ArticleMorgan Stanley’s head of European internet research has just moved to Hong...
It’s not supposed to happen like this. Investment banks are slimming down their equity research ranks, but top-ranked senior analysts in hot sectors are the stars that attract client dollars as MiFID...
View ArticleUpset at Deutsche Bank as new hires thought to be on big guarantees
Deutsche Bank wants to crack the U.S. market in 2017. John Cryan personally is overseeing the bank’s U.S. operations and Deutsche has been doing some big hiring. However, the recruitment drive is...
View ArticleStrange investment banking career changes and how they worked out
Stop me if you’ve hear this one before: A bright-eyed economics major graduates magna cum laude from an Ivy League university, works two years at a prestigious investment bank on Wall Street, followed...
View ArticleConfessions of a Slang coder at Goldman Sachs
I was a Slang coder at Goldman Sachs. I spent 18 months coding front office systems in Goldman Sachs’ proprietary language and then I quit, but I haven’t ruled out returning to the bank in future. If...
View ArticleSenior J.P. Morgan technologist escapes to Google
Do you want to work for an investment bank? Or do you want to work for Google? In the case of Gokhan Topalhan, a former J.P. Morgan and Morgan Stanley technologist, the answer appears to be the latter:...
View ArticleJefferies has continued to make some senior hires in the U.S.
Jefferies continues to poach senior investment bankers from its larger competitors. It’s just lured a 12-year veteran of J.P. Morgan to its Chicago office as managing director of not-for-profit...
View ArticleTrafigura is hiring the world’s top traders. Here’s what it takes to get in
Trafigura is hiring the world’s top traders into jobs offering immediate global mobility, the potential for rapid promotions, and a fast-paced working environment. The commodity trading and logistics...
View ArticleMorning Coffee: Where inexperienced 20 year olds can earn $8k a month. A new...
If you’re 18-20, looking for an all-expenses paid internship that will also offer a pro rata salary higher than most jobs pay after 10 years’ experience, then investment banking was the place to be....
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