Morning Coffee: The joy of working for Deutsche Bank in the days of Anshu...
Anshu Jain has developed a bad name. It was with him at the helm that Deutsche Bank perpetrated many of the misdemeanours that led to all the fines it’s suffered in recent years. It was also with him...
View ArticleSeven things to delete immediately from your banking CV
If you’re applying for banking jobs which you’re qualified for and you’re getting nowhere, you can blame your CV. Your CV is supposed to be your shop front and your door-opener, but if it’s deterring...
View ArticleReasons to be a trader at Citi rather than Goldman Sachs
Yesterday was Citi’s investor day. It was the bank’s first such event in over nine years. While rivals like J.P. Morgan compel business leaders like Daniel Pinto to stand up annually and declaim their...
View Article19 tough Wall Street interview questions and how to answer them
So you’ve scored an interview at a bank or buy-side firm that you’d really like to work for. That’s an important step, but you’ve still got a long way to go before securing a job offer. Some Wall...
View ArticleIs this the worst job at the big four?
So you want to work for one of the big four accounting firms (PwC, Deloitte, KPMG and Deloitte)? But what do you want to do? While these firms started out as accountants offering auditing services...
View ArticleJ.P. Morgan just hired an information-warfare officer from the U.S. Navy
Not to be outdone, with banking rivals scooping up experienced cyber-security professional left and right from every industry imaginable, J.P. Morgan has tapped into the U.S. Navy’s talent pool,...
View ArticleMorning Coffee: The senior M&A bankers who aren’t worth the money. Lloyd...
Being a senior M&A banker can be a hard and thankless grind. As author William Cohan, a former M&A MD at J.P. Morgan, wrote a few years ago, managing directors in the industry face, “an...
View ArticleWhat Deutsche’s bankers should be most afraid of
When Deutsche Bank decided to do away with performance-related bonuses last year, it was supposed to be a one-off. Alasdair Warren, the bank’s head of corporate and investment banking for EMEA,...
View ArticleEight ways to negotiate a better offer for your banking job
You polished up your resume, wrote an impressive cover letter, nailed the informational interview and made a strong impression during the in-person interviews. Your excitement builds as you get the...
View ArticleAnother veteran equity analyst just quit to become an undergraduate student
Remember Brad Hintz? He’s the ex-Lehman CFO and ex-bank top-ranked Bernstein banks researcher who quit to become and adjunct professor of finance at New York University in 2014. What not many people...
View ArticleThis is why technologists don’t like working for Goldman Sachs
Goldman Sachs needs technologists. It’s targeting STEM students and boasts that technologists already account for 25% of its staff. It’s hiring 50 coders for its Marquee product and is preparing to...
View ArticleMorning Coffee: What no one tells you about trading careers. The types of...
Most traders pursued that career path with visions of making it rich completely unaware of the risks involved in that line of work. Sean McLaughlin, a proprietary trader and a Chicago Board of Trade...
View ArticleThe best places to work in European banks now. And the worst
Just as buses all come at once, so do European bank results. Following Deutsche’s second quarter results yesterday, Barclays, UBS, Credit Suisse, and BNP Paribas have reported today. So too has Nomura....
View ArticleThis is how much you’ll earn at Perella Weinberg in London
Perella Weinberg is a corporate finance boutique. But it works on big deals. It also has a reputation for big pay. How big? Results are out for Perella Weinberg’s London operation in the year ending...
View ArticleWhy not to work in fintech: Consolidation could eat your job
You might think you want a job in the growing fintech sector. You might think that working in fintech will be far more exciting than a boring old bank, but have you also considered this? – By virtue of...
View ArticleThe weekend party animals at Goldman Sachs
Once upon a time, juniors in Goldman Sachs’ investment banking division would be working Friday night. They’ve might’ve been working Saturday night too and maybe also Saturday day. Not any more. Ever...
View ArticleHow to take a vacation as an investment banker when heads are rolling
While right now the markets are eerily calm and the VIX is hovering near an all-time low, financial services professionals know all too well that volatility can spike at any minute. Whenever markets...
View ArticleI moved from Sydney to Singapore for a top banking job. Here’s why I don’t...
In 2009 senior economist Annette Beacher moved with her husband and two young children from Sydney to Singapore. Having lived in Australia all her life, she expected to return home within a couple of...
View ArticleMorning Coffee: Ex-Goldman partner’s advice: find a “sanity buddy.” The M&A...
Have you ever worked so hard that you forgot what day it is? How about which month? Which season? Lisa Shalett, a former Goldman Sachs partner and MD, would understand. When she worked for Goldman,...
View ArticleA J.P. Morgan equity analyst joined Balyasny Asset Management
Remember Balyasny Asset Management? It’s the expansionary U.S. hedge fund that’s been hiring from investment banks in London. It’s just hired an equities analyst from J.P. Morgan. Xiao Lu joined...
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