What does it take to get hired by Citadel? Meet its chief people officer L.J....
Hedge fund are closing at record rates, but Citadel – the $26bn multi-strategy fund run by Kenneth Griffin – is still building its team. Griffin said earlier this month that Citadel was on the...
View ArticleMorning Coffee: Goldman Sach bankers see past bonuses slip away. Mindful...
It always had the potential to go wrong. In the same way that Goldman Sachs’ stock – and all the deferred Goldman bonuses denoted in the stock – benefited disproportionately from the Trump boom,...
View ArticleDeutsche Bank just lost the head of its sterling rates desk
A senior trader resigned from Deutsche Bank yesterday. Insiders at the bank in London say Ryan Sbarra, head of the sterling rates desk, is no more. His destination isn’t unclear. Deutsche Bank didn’t...
View ArticleFormer Brevan Howard partner has just joined Izzy Englander’s Millennium...
Millennium Management is a hedge fund that keeps hiring in London. It’s just brought in a former Brevan Howard partner as a senior portfolio manager for its rates business. James Watson, the former...
View ArticleThe top 50 universities for getting a front office investment banking job
It’s no secret that investment banks have target schools, and that only the top students within those universities make the cut for front office jobs. But which college is most likely to secure a front...
View ArticleTime for the Kdb/Q specialists to quit finance?
If you’re a developer specialized in the Kdb database and its associated programming language, Q, the chances are that you work in financial services. After all, the whole Kdb paradigm was engineered...
View ArticleHSBC’s head of EM credit strategy is a secret spirituality guru
Are you an investment banker who neither loves themselves or their body? HSBC’s head of emerging market credit strategy, Mariya Gancheva, is here to help. Gancheva, who has combined her investment...
View ArticleGoldman’s other problem in FICC: UBS keeps pinching its salespeople
Five years ago this October, UBS took the decision to close down most of its fixed income sales and trading business and make around 10,000 people redundant. Now it looks like it might quietly tooling...
View ArticleHedge funds, VCs and the CIA are throwing money at ex-Bridgewater data...
It’s not secret that Bridgewater Associates has a quirky culture that doesn’t work out for everyone. 30% of its employees leave after the first two years and, after that, its founder Ray Dalio claims...
View ArticleThe challenge of attracting 20-somethings into asset management
Of all the sectors in financial services being hit by technological change, asset management is arguably going to feel the pinch the most. Approximately 90,000 jobs are likely to go as a result of...
View ArticleMorning Coffee: The European bank that got burned for emulating Wall Street....
Let this be a warning to parochial European banks with aspirations to join what was once known as the U.S. ‘bulge bracket.’ – Don’t. Deutsche Bank tried, and is suffering the consequences. Handelsblatt...
View ArticleIs pay really this miserable at J.P. Morgan in Germany?
Are you ready for Frankfurt? The beautiful surrounding villages, the pleasant commute. the clean air? And, the very low pay…? Despite previous indications that some people in Frankfurt are doing very...
View ArticleMeet the men behind the small broker making big hires from hedge funds and...
Hedge funds have always been desirable destinations for investment banks’ traders seeking a big pay day, and all the more so after Brexit. But a move to the buy-side doesn’t always work out. For John...
View ArticleWhen you leave Goldman’s rates desk to work for a clothes shop
When you leave Goldman Sachs, you’re supposed to do something special. As CEO Lloyd Blankfein said yesterday, he was advised that his time at GS shouldn’t be his main achievement in life: “When your...
View Article“My boss flew in from NY to visit me in intensive care”
Do you cycle into work in the City of London or Canary Wharf? You might want to take out personal accident cover. In June last year, Steven Dowd, the EMEA head of recruitment for BNY Mellon’s...
View ArticleBarclays has just made another senior investment banker hire in the U.S.
After mass departures of ex-Lehmanites from the U.S. equities sales and trading desks this year, new investment banking CEO Tim Throsby has said that Barclays is building its markets business again....
View ArticleMorning Coffee: How to earn £500k at a hedge fund without finance experience....
If you want to make really big money in finance now, don’t go into finance. Or, at least, don’t go into finance first of all. Finish your bachelor’s degree. Take a PhD in a mathematical subject. Join a...
View ArticleThe new top boutique for (French) M&A bankers in London
If you’re a high pedigree M&A banker with French provenance, we have good news: a top French M&A banker has set up a new boutique in London, staffed (so far) entirely by native French speakers....
View ArticleMorgan Stanley’s head of credit trading has just got a major new job at small...
When Morgan Stanley decided to cut its fixed income team by 25% back in November 2015, senior sales and trading staff were shown the door first. Isabel Mahony, its head of financial credit trading in...
View Article12 tips for passing the CFA exams from the man who writes the questions
Everyone knows that it’s not easy to become a Chartered Financial Analyst (CFA) charterholder. Passing the Level I exam is hard enough – 42% of the 51,134 candidates who took the Level I exam in June...
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