KCG’s ETF sales chief has turned up at a tiny Russian funds platform
KCG Holdings’ senior management have been spilling out since the takeover by rival high frequency trading firm Virtu earlier this year. But, they’ve been landing new jobs. Elio Manca, the head of ETF...
View ArticleBank of America the first to make pre-bonus redundancies
With one day to go until the fourth quarter, pre-bonus cost cutting is about to begin. The first to pull the trigger – ahead of time – is one of this year’s solid performers: Bank of America Merrill...
View ArticleTemasek is still hiring from investment banks in London
Plenty of people in finance want to work for Temasek. So said our survey this year of the funds everyone wants to work for: Singapore’s sovereign wealth fund ranked sixth on our list of preferred...
View ArticleThis is what you’ll earn in the junior ranks of a hedge fund
If you’re a junior in a hedge fund, you’re not going to get paid on a par with the actual portfolio managers, but you’ll still be paid well. As large funds increasingly hiring students straight from...
View ArticlePaul Taubman is paying his ex-Morgan Stanley & Blackstone staff very generously
When Paul Taubman quit Morgan Stanley to go it alone in 2012, it was widely presumed to be because he felt aggrieved at not getting the top job: Morgan Stanley had only recently promoted rival Colm...
View ArticleMorning Coffee: Associate tells manager 120-hour weeks are abuse. Deutsche...
Have you ever had a boss that you couldn’t stand and wished you could tell a thing or two without fear of reprisal? Well, a former investment banking associate did just that in an anonymous...
View ArticleCitadel has increased its London headcount by 30% in a year
Citadel is on a hiring spree in London. Over course of last year, as other funds cut headcount, Ken Griffin’s $27bn firm increased its UK employee numbers by nearly 30%. In accounts for its London...
View ArticleThis hot new $750m macro hedge fund has just poached from Brevan Howard
One of the hottest macro hedge fund launches of 2017 has continued its recent hiring spree by poaching a portfolio manager from Brevan Howard in London. Amia Capital, which launched with $750m in...
View ArticleHead of tech M&A boutique: big banks’ ex-juniors are no good
The trouble with big investment banks is that they don’t usually make unwanted analysts and associates redundant. Instead, they gently encourage their most unsuccessful juniors to find employment...
View ArticleBluecrest has just hired BlackRock’s head of European electronic trading
Bluecrest Capital Management has made a major hire from Blackrock – bringing its head of market structure and electronic trading, Scott Cowling. Cowling joined Bluecrest in late September, according to...
View ArticleThe 10 ways to get a first job in an investment bank
If you’ve tried applying for a job in an investment bank, you’ll know that getting one isn’t easy. You’ll know that there are a lot more applicants than jobs (eg. 50:1), especially for the supposedly...
View ArticleHow to get targeted by PE firms when you’re six months into your banking job
Most first-year investment banking analysts are getting settled into their desk after their summer training, and they are already starting to feel the pressure to start planning their next move –...
View ArticleMorgan Stanley’s big new guide to jobs in quant funds
If you’re interested in working for a quant fund, you’ll be interested to know that Morgan Stanley’s equity strategists have produced a big new 65 page report on factor and quant-based investing...
View ArticleMorning Coffee: The new route to the top at Goldman Sachs and J.P. Morgan....
Lest there were ever any doubt about the centrality of technology jobs and technological innovation to banks, both Goldman Sachs and the corporate and investment bank (CIB) of J.P. Morgan now have...
View ArticleBNP Paribas has hired Deutsche Bank’s head of inflation trading
BNP Paribas is on a roll, and has continued its recruitment of senior traders by bringing in Stephane Salas, the head of inflation trading at Deutsche Bank in London, as its new head of inflation...
View ArticleEmerging markets jobs stay hot as UBS hires from SocGen
It’s been a good year to work on an emerging markets desk. Although market intelligence firm Coalition says emerging markets macro revenues were down 2% year-on-year in the first half, banks have been...
View ArticleThe top universities and degrees for getting a private equity job now
The type of people private equity companies hire in London is changing. Five years ago, a junior recruit making the switch from to the buy-side will almost certainly have come from large U.S....
View ArticleBy this time next year, the worst job in finance could be the best (if you...
If you’re an equity researcher at an investment bank in London now, you could be forgiven for feeling a little…queasy. Something horrible has been lurking around the corner all year and as we enter the...
View ArticleWhen leaving a Goldman or JPMorgan for a boutique makes sense – and when it...
If you are currently working at a huge bank like Goldman Sachs or J.P. Morgan and feel like your career growth has stalled, how can you tell when the time is right to join a smaller firm? For Mark...
View Article“I’ve just joined Goldman Sachs, and this IS a special place”
I’ve been around. I’ve spent fifteen years working in a middle office job in investment banks and I’ve seen a few. I’ve worked for several of the big U.S. investment banks (you know the ones I mean)...
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