Clik here to view.
Why you want to work for a quant hedge fund in the U.S. now
The computers are taking over hedge funds. While most hedge funds have struggled with redemptions this year and others face existential questions about their business models, quant hedge funds have...
View ArticleClik here to view.
Morning Coffee: UBS’s dire warning on London banking jobs. Firing bankers...
Right then, Sergio Ermotti has been making some serious statements about the impact of Brexit on UBS’s London headcount – 30% of people could go, or around 1,500 people. “We currently employ more than...
View ArticleClik here to view.
You’re doing it wrong: banks hire like this now
If you’re spending this autumn looking for a new banking job, and you haven’t done this for a while, you’re in for a shock. Quietly, but dramatically, banks have been changing the mechanisms by which...
View ArticleClik here to view.
This is where the talent shortages are on Wall Street
Financial services firms have been cutting headcount, they’ve been freezing recruitment and focusing on internal moves. But this doesn’t mean that there aren’t bright spots and within these hot sectors...
View ArticleClik here to view.
The real reason UBS is threatening to move jobs from London
The cogs are turning in terms of Brexit. British Chancellor Philip Hammond has reportedly caused upset by meeting with a cohort of entirely British banks to solicit their opinions about the future. In...
View ArticleClik here to view.
Want the biggest bonus as a trader in a bank? Here’s how to game the system
Maybe you’ve been in investment banking for a little while or perhaps you’ve just started your career (having successfully looked perfectly sincere while telling your interviewers that you wanted the...
View ArticleClik here to view.
Pay cuts fail to offset falling revenues at Nomura International
Nomura cut compensation at its European business for the year to March 2016, but it still made a substantial loss. Recently released results for London-based Nomura International reveal that the bank...
View ArticleClik here to view.
The good and the bad of working for the most popular investment banks in the...
In any ranking of investment banks, you’d expect Goldman Sachs, Morgan Stanley, J.P. Morgan and Bank of America Merrill Lynch to feature. Less obvious choices, however, are the boutique players, which...
View ArticleClik here to view.
Brian Chin’s Credit Suisse promotion shows how political the bank has become
It’s all change at Credit Suisse. Tim O’Hara, promoted less than a year ago to run the bank’s global markets business, is out. Brian Chin, former co-head of the bank’s credit business, has replaced...
View ArticleClik here to view.
Morning Coffee: Deutsche Bank’s covert search for egomaniacs. Stereotypical...
What makes a great M&A banker? Is it a way with clients, unalloyed enthusiasm for spreadsheets at 1am, or an extreme partiality to one’s own person? In the case of Deutsche Bank’s junior M&A...
View ArticleClik here to view.
This hedge fund keeps on hiring FICC traders from investment banks
If you’re a fixed income trader in an investment bank who’s looking for a route into the buy-side, Capula Investment Management still looks like a good bet. Capula has just hired Filippo Fiori, a...
View ArticleClik here to view.
Where investment banks like to hire from grammar schools
Grammar schools are making a comeback in Theresa May’s Britain. The still-new prime minister has said that she wants to reintroduce an “element of selection” to the British education system. Banks in...
View ArticleClik here to view.
The top 30 Masters in Finance for getting a job in investment banking
Junior investment bankers are more qualified than ever, and the Masters in Finance qualification has quietly emerged as the degree of choice for many students aspiring for a front office job. Masters...
View ArticleClik here to view.
“How I reinvented myself after my investment banking career at ‘scrappy’ Bear...
Before the financial crisis of 2008 and its subsequent acquisition by J.P. Morgan, Bear Stearns was riding high as one of the most prestigious investment banking firms on the Street. Its undoing was...
View ArticleClik here to view.
Equities salespeople and traders in the front line for cost cutting
First they came for fixed income. Now, it seems they may be coming for cash equities. With equities sales and trading revenues down 18% in the first half of 2016 compared to the previous year, there...
View ArticleClik here to view.
Why you should aspire to a career in collateral management
When you think of a job in an investment bank, you probably don’t think of collateral management. You probably think of sales and trading, or M&A. You’re missing out! I spent five years working in...
View ArticleClik here to view.
Morning Coffee: The secret dreams of the Goldman Sachs intern. British...
Goldman Sachs has been getting beneath the skin of its youngest and most putative employees in an effort to establish what they really, really, want from life. The answer can be summarized in one word:...
View ArticleClik here to view.
Two senior investment bankers have just left Credit Suisse in London and New...
In theory, the shake-up in Credit Suisse’s investment bank is centred around its global markets business. In fact, managing directors in IBD are departing too. Frank Napolitano, a managing director and...
View ArticleClik here to view.
Tom Cornacchia’s exit is ruffling feathers at Goldman Sachs
However hard a fixed income sales guy tries to be an electronic execution guy, he’ll never quite match up. This looks like the message from this week’s surprise departure of Tom Cornacchia, global...
View ArticleClik here to view.
How investment banks fell out of love with MBAs
MBA students have fallen out of love with investment banks and the feeling is mutual. The expensive qualification that formerly offered an option for beginning a banking career after a stint in another...
View Article