Morgan Stanley announces bonuses, cuts in equities
Morgan Stanley is understood to be announcing bonuses to managing directors today, making it one of the first U.S. banks to do so. However, while insiders say there’s good news for people working in...
View Article12 bankers to watch on Wall Street and beyond in 2018
Hoping for a new front-office banking job this year? Banks are already lining people up to fill holes in their various U.S. offices. These are the Wall Street bankers and traders who will be busy...
View ArticleColin Lancaster to hire up to 20 people for Citadel’s new macro unit in 2018
2017 wasn’t a great year for some macro hedge funds: Brevan Howard’s flagship macro fund lost 5.4% and Caxton Global Macro dropped over 13.4%. This isn’t dissuading some funds from building in the area...
View ArticleHow to stay married when you work in banking
It’s divorce season. As any press officer for any marital law firm will tell you, January is when marriages sadly come unraveled after the stress of Christmas. People in banking and finance are no more...
View ArticleLondon’s front office banking recruiters deny Brexit job doom: “It’s booming”
It’s been a confusing week for anyone trying to assess Brexit’s impact on London’s banking jobs. First came the trading update from recruitment firm Michael Page, where revenues from placing staff into...
View ArticleHere’s how much you’ll make at McKinsey, Bain and BCG in the U.S.
Maybe you’re a student or recent graduate who aspires to a career in management consulting. Or perhaps you’re working in another sector and considering a change. Or you could be a seasoned management...
View ArticleMorning Coffee: The best finance jobs of the last decade will soon become the...
Not long after President Obama signed the Dodd-Frank Act into law in 2010, banks have been doing a lot of regulatory compliance hiring and it hasn’t really let up much. However, a lot of these jobs now...
View ArticleMorgan Stanley promoted these 9 equities MDs after making 12 layoffs
Morgan Stanley not only just announced its bonuses, it also announced who it’s promoting to managing director this year. Yesterday, the U.S. bank told 153 executive directors that they’d made MD. We...
View ArticleTwo senior government bond traders left Barclays before bonuses
Barclays won’t announce bonuses for a few more weeks yet, but it’s not that long before people in its investment bank will find out what they got for 2017. This hasn’t dissuaded two of Barclays’ most...
View ArticleAnd here’s the full list of Morgan Stanley’s 2018 MD promotions
Presented, for the moment, without comment…. Mitch Adler Andrea Aguiar Abdulaziz Alajaji Robert Avery Sharon Bazbaz Sainath Bharatula Ira Blumberg Venkat Boppana Mark Bortnik Charles Burke Frank...
View ArticleHave jobs at J.P. Morgan’s investment bank gone off the boil?
Now that Goldman Sachs is no longer the very best investment bank in the world, that accolade has often gone to J.P. Morgan: no other bank ranked so highly in so many different product areas in the...
View ArticleBlackRock ramped up hiring and hiked pay last year
BlackRock, which managed approximately $6.288 trillion in assets as of December 31, just announced its fourth-quarter results. The firm reported increases in both headcount and compensation. After...
View ArticleMorning Coffee: Ominous signs that big banking redundancies are coming in...
As U.S. banks prepare to announce their fourth quarter results in the coming week, an unwanted spectre is waiting in the wings: job cuts. They may make their entrance towards the end of the second...
View ArticleSocGen poached a credit saleswoman and fashionista from Credit Suisse
SocGen has hired Kaisa Johanna Eskelinen, an experienced credit saleswoman from Credit Suisse with her own line of clothing products. Eskelinen comes with 10 years of experience in institutional fixed...
View ArticleThis is what bankers really do when they get their bonuses
You might think that bankers are big spenders. It’s true: some are. Many of the most successful, most impressive bankers, however, are not. When they receive their bonuses, the last thing they do is...
View ArticleBarclays just hired a veteran managing director for its New York IBD team
Barclays has brought on board a veteran managing director for its investment banking division in New York as it tries to increase revenues. Kirk Meighan, who comes with almost 30 years of experience in...
View ArticleThe art of losing weight when you work in finance
It is not ok to be fat when you work in finance or a professional services firm. As an academic study in 2016 confirmed: these are industries where you are judged on your appearance. If you’re thin and...
View ArticleWhat you need to know about Asian private banking jobs in 2018
Private banking has enjoyed one of the most buoyant job markets in Asian financial services for several years. But technology, compliance costs and skill shortages are now changing the face of careers...
View ArticleMorning Coffee: J.P. Morgan gives up on people who can’t be persuaded to work...
When Lloyd Blankfein writes his annual letter to shareholders at Goldman Sachs, it’s traditional for him to divulge the percentage of students who accept the job offers Goldman extends. For 2016 (the...
View Article“I’m a woman working in banking technology. Here’s how Morgan Stanley helps...
Siân Allsopp was impressed with Morgan Stanley, even before she’d started working there. Put before several senior women during the interview process and enlightened about the firm’s collaborative,...
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