The perfect personality for Goldman Sachs
Goldman Sachs has tweaked its application process. If you’re applying for a 2018 summer analyst position (ie. internship) at GS in the U.S., you’re probably going to be given some sort of personality...
View ArticleMorgan Stanley banker in NY makes MD, quits weeks later for academia in...
Making it to managing director in investment banking is harder than ever. There are fewer opportunities for promotion every year, an increasing proportion of new appointments are going to those in...
View ArticlePeople keep leaving financial services for the legalized cannabis industry
Quitting finance to focus on marijuana sounds like it’s something that involves finding yourself by surfing and living in a beach hut in California. But with momentum building for the legalization of...
View ArticleHow the financial crisis generated a generation of lazy traders
It’s been 10 years. Ten years ago, BNP Paribas suspended withdrawals and investments in three of its specializing in subprime loans and the European Central Bank made an emergency $112bn loan to banks...
View ArticleBAML’s ex-credit sales chief quits AI start-up after nine months to return to...
Artificial intelligence is the technology that’s about to change everything. It’s been the theme of 2017 that AI and machine learning will encroach on every part of the trading floor and push tens of...
View ArticleEx-trader turns down family office’s $5m, funds cyptocurrency startup via ICO
Ron Chernesky was a proprietary trader on Wall Street for eight and half years, working his way up to the head of U.S. equities trading at prop trading firm World Trade Financial Group (WTFG). As the...
View ArticleMorning Coffee: The best bank for getting rich now. Ex-banker resurfaces in...
Now’s a good time to be a Citi banker with an employee stock option or stock bonus. Citi’s bonuses tend to include more cash than many of its rivals on Wall Street – however, up to half of the...
View ArticleThis Credit Suisse associate has just quit banking to join Uber
Junior investment bankers are increasingly gravitating towards large tech firms after a couple of years working in the industry, hopping into hot roles in growth areas unconnected to their corporate...
View ArticleBank of America’s global head of quant trading just left for Goldman
Michael Steliaros, the global head of quantitative solutions trading and EMEA head of agency portfolio trading at Bank of America Merrill Lynch has quit. Insiders say he left this week. He’s understood...
View ArticleWhy this show jumping Morgan Stanley investment banker quit finance for horses
What do you do if you’re a senior investment banker with some spare cash and a desire to take up a new hobby? In the case of Mathias Pestre-Mazieres, who spent over 10 years working at Morgan Stanley,...
View ArticleHirevue interview questions at Goldman Sachs and J.P. Morgan
It’s on. Now that banks have opened their application processes for summer and full time hires for 2018, they’ve also started sending out invitations for their Hirevue digital interviews. There are...
View ArticleEx-J.P. Morgan CTO: Banks are long way from catching up with Google or Facebook
Adi Prakash has spent most of his career working within senior technology roles at large financial institutions. Most recently, he was the chief technology officer of legal and eDiscovery at J.P....
View ArticleDeutsche Bank lost two of its most senior electronic traders
Deutsche Bank has lost two of its most senior electronic trading professionals in Europe. Both are understood to have gone to Exane. Market insiders and headhunters say that Yashar Asl and Edgar Harty...
View Article“I was a Singaporean intern on Wall Street. I hated how everyone bootlicked...
Last year I left Singapore for a few months to spend the summer interning at a US investment bank on Wall Street. Overall I performed well. In fact, I’ve recently started here as an analyst. But the...
View ArticleMorning Coffee: The three secrets for making it in investment banking. Wall...
In the hyper-competitive investment banking job market there are deal-breakers, there are nice-to-haves and there are must-haves. Scott Beiser, the CEO of investment bank Houlihan Lokey, says one of...
View ArticleThis top HSBC investment banker has just launched his own boutique
One of the top debt capital markets bankers at HSBC, who has held senior investment banking roles across London and New York, has become the latest senior financier to leave a big firm to go it alone....
View ArticleTales of workaholic investment banking bosses, and how to survive them
It wasn’t the greatest precedent to set. Alex, a third-year associate working on a FIG investment banking team in London, had just seen her notoriously hard-driving managing director go on maternity...
View ArticleDiary of a banking intern: “People have given up on banking already”
I’m writing this diary on a Sunday evening, and the investment banking analyst managing me has just emailed. In theory, weekends are supposed to be our own, but it never works out that way. He wants a...
View Article11 ways to ruin your chances with recruiters over email and phone
Before you meet a hiring manager, the chances are you will be contacting a recruiter. And before you meet a recruiter you’ll have an email exchange and telephone conversation. Don’t fall at the first...
View ArticleMorgan Stanley’s hot young trader ditches fintech after six months for...
Fintech is not for everyone. Six months after quitting his trading job at Morgan Stanley to launch a financial technology start-up, Jonathan Birnbaum has returned to finance by taking a role at...
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