Horror as hot millennial investment bankers quit for regular jobs elsewhere
Investment banks are used to losing their juniors to private equity after a few months, they expect them to eventually embrace their inner entrepreneur, but what if they quit for…just another job? The...
View ArticleHow to write a successful trading algorithm
If you want to succeed as a trader in future, you’re going to need to understand how algorithms work. As Google chairman Eric Schmidt told the audience at last week’s SALT Conference, either algorithms...
View ArticleWhat do analysts, associates, VPs, and MDs actually do in investment banks?
What do investment banking job titles really signify? Do analysts really analyze? Are vice presidents in charge of whole divisions? And do managing directors run the entire bank? No, no, and no again....
View ArticleMorning Coffee: Why banks can’t decide whether to hire or fire you. Jes...
Banking careers are not for the fainthearted. Jobs are typically insecure and finding a new one can involve a tortuous process that ultimately comes to nothing. However, try seeing things from a...
View ArticleThe former Citigroup MD trying to bring bankers out of the dark ages
Since quitting his job as head of macro structuring at Citigroup in June last year, Huy Nguyen Trieu spends his time thinking about fintech. He’s a mentor, a lecturer and a prolific attendee of the...
View ArticleMeet the equities hedge fund hiring associates from Goldman Sachs and UBS
If you’re a junior banker looking to move to a hedge fund, you might want to give Alvaro Ventosa a call. The veteran hedge fund manager set up Alvento Capital, a long/short equity fund focused on...
View ArticleQuestions to ask at a Barclays interview, by Deutsche Bank
Barclays is back on the hiring wagon. Tim Throsby, head of the investment bank, has appointed himself head of the global markets division too and is said to be recruiting 50 to 100 people, some of whom...
View ArticleThis hedge fund has just paid its senior staff £3.7m after an amazing year
A lot of UK hedge funds cut headcount in the face of lacklustre performance and pressure on fees last year. Caxton Associates, the $8bn New York-based hedge fund, has been hiring in London regardless....
View Article“I’ve worked in M&A in London & Frankfurt. This is the difference”
If you live and work in banking in London, you probably don’t want to leave. – Especially for Frankfurt, which has a bad reputation among some people in the “City.” Personally, I’ve worked in M&A...
View ArticleHow Madoff inspired an ex-Salomon and UBS investment banker to launch a...
David Shulman was an investment banker for more than 30 years and never came into contact with Bernie Madoff, but he was inspired by the notorious fraudster – as well as his own experience dealing with...
View ArticleFurther reports of big buybacks when people try leaving Deutsche
As we reported a few weeks ago, Deutsche Bank is said to be averse to people leaving: if the German bank likes you and you get an offer from a rival bank, it might bid you back for significantly more...
View ArticleThe one place to work in investment banking now
Investment banks have stopped making massive cuts to their fixed income divisions, but there’s only one place where they’re really hiring – credit trading. “There’s not a single investment bank that’s...
View ArticleMorning Coffee: The quirky $650k job that doesn’t require a degree. How to...
Chances are that if you’re working for an investment bank, hedge fund or private equity firm, you’ll be highly-qualified (or at least attended a top university) and towards the upper crust of society....
View ArticleThe Brexit effect on competition for banking jobs in London
If you’re an experienced professional looking for a London banking and finance job in 2017, the Brexit referendum result has its advantages. It’s helped dissuade overseas candidates from applying....
View ArticleI’m taking the CFA exam next week. This is what I’m doing to get through it
The Chartered Financial Analyst (CFA) exam day is June 3. Here’s some advice from a Level II candidate, a Level III candidate and a CFA charter-holder for what you should be doing right now and on exam...
View ArticleTop traders are leaving BNP Paribas as the bank hires from Goldman Sachs
BNP Paribas is losing senior traders as it swaps staff with Goldman Sachs. Headhunters say the French bank is parting company with Asa Atwell, its global head of G10 FX trading. At the same time, BNP...
View ArticleMeet the ex-Goldman Sachs strats trying to tackle the biggest problem facing...
Leo Labeis spent his final year at Goldman Sachs leading the bank’s efforts to comply with the long and sprawling requirements of MiFID II for its global markets business. As the deadline looms next...
View ArticleDo you really want to be a C# developer in a bank now?
Once upon a time, C# developers in investment banks were it. Banks used windows-based systems for their user-interfaces and they used window-based systems for their servers. If you could code fluently...
View ArticleMorning Coffee: The 27 year-olds getting 3 hedge fund offers a week, and how...
Is it a while since someone called you to offer you a new job? Since a recruiter gave you a special gift? Since your employer gifted you tickets to a sold-out show? You’re in the wrong area of finance....
View ArticleThe perfect CV for a career in trading
If anyone needs a highly polished CV these days, it’s traders in investment banking. Juniors are taking over the trading floor, and even recent increases in revenues haven’t resulted in much more...
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