Morning Coffee: The 29-year-old ex-Goldman analyst with the most epic career....
The beginning of David Knopf’s career was impressive but not unusual: He graduated from Princeton and completed the two-year Goldman Sachs investment banking analyst program before joining private...
View ArticleEdward Eisler’s hot new $1bn hedge fund paid its staff close to £500k last year
Eisler Capital, the $1bn macro hedge fund set up by former Goldman Sachs partner turned philanthropist Edward Eisler in late 2015, has been attracting some big names since it set up nearly two years...
View ArticleMy life of abuse by idiot traders on the buy-side
Some people want to climb mountains or fly planes, but for as long as I can remember my dream was always to work in equities trading. To my naive teenage self, equities trading seemed like a job where...
View Article10 things you didn’t know about Hugh Hendry, whose Eclectica hedge fund just...
Hugh Hendry’s Eclectica hedge fund is no more. The outspoken Glaswegian has shuttered the 15 year-old fund after it slumped 9.4% in the year to August and lost 90% of its assets under management in the...
View ArticleAmsterdam bankers living the good life say Brexit battle isn’t over
Thomas spent 10 years working for an investment bank in London before he moved back to Amsterdam two years ago. For him, and many other Dutch bankers who quit the City to move home, the decision was a...
View Article10 things you need to know about the Barclays junior dress code
If any bank is relaxed about its dress code it’s supposed to be Barclays. While only 11% of Goldman’s summer interns thought ‘anything goes’ in terms of workplace attire, last week’s survey of banks’...
View ArticleBarclays has poached a rates portfolio manager from BlackRock for MD role
Barclays has continued the build out of its markets business with another senior hire from the buy-side. Adam Glossop, who has spent the past 12 years as a rates portfolio manager at BlackRock, has...
View ArticleBeen unemployed? Two Sigma will still hire you
As hedge fund employers go, quant fund Two Sigma is one of the most aspirational. It ranked third on our list of the hedge funds everyone wants to work for this year, confirming that it has the pick of...
View ArticleMorning Coffee: Confessions of an IB analyst who quit after six weeks....
After graduating from college in 2007, Mark Manson joined a bulge-bracket investment bank because he was good with numbers and all his poker-playing friends were working in financial services. He...
View ArticleWhy investment banks reject you, even with top grades
So you want to work for an investment bank when you leave university? You’re not alone. Tens of thousands of graduates apply to the major investment banks every year. At big banks, the acceptance rate...
View ArticleMichael Hintze’s CQS has been making some big hires
CQS is hiring again. After cutting back on headcount over the past year, Michael Hintze’s hedge fund has signed off on some senior recruits on the back of an increase in assets under management. Suraj...
View ArticleZaoui brothers cut pay for staff after leaner year
Working for a tiny boutique in London can be a lucrative business. As we pointed out last week, Qatalyst Partners – the tech-focused bank that employs seven people in London and made £27.6m in revenues...
View ArticleTechnology boutiques are hiring juniors. But not from top banks
If you want to work for a boutique M&A firm that deals exclusively with technology companies, you’re in luck. Small technology boutiques have been busily hiring juniors in both London and the U.S.....
View ArticleUBS has just made a big algo trading hire from Goldman Sachs
Investment banks’ electronic trading businesses have turned into a recruitment merry-go-round in the past few weeks, and UBS is the latest bank to capture a major new hire. Peter Sheridan, the former...
View ArticleBanks are turning to open source for blockchain, says Google engineer
Banks have historically developed all software in-house and maintained a fierce secrecy around their code, but more recently they’ve embraced open-source. They’re likely to use open source for one of...
View ArticleDeutsche Bank’s guide to the causes of the next banking jobs meltdown
It will happen again. Almost 10 years since the collapse of Lehman Brothers and the global financial crisis, Deutsche Bank has issued a cheering note pointing out that another financial crisis will...
View ArticleMorning Coffee: The immense IQ of managing directors at Goldman Sachs....
Goldman Sachs partners and managing directors (PMDs and MDs) may not have achieved the best results in the past 12 months and may need to do some more thoughtful strategising about where the firm goes...
View ArticleThis investment bank has cut headcount by 67% over the past 18 months
Two years ago, Haitong Securities was talking up a massive expansion in London, with plans to double its international business and hire hundreds of bankers. This year, after cutting its equities and...
View ArticleSenior HSBC investment banker makes curious career switch into intelligence
For the past 16 years, Michael Bevan has held various senior investment banking roles at HSBC in London, Dubai and Hong Kong. Now, however, he’s embarking on a curious new career – working for an...
View ArticleI quit banking tech to be a contractor. The people here are dumber
When I left university, I wanted to work in banking. I wasn’t one of these developers who tries their luck with tech firms and only ends up working for a bank by default. My university had strong links...
View Article