Clik here to view.
Morning Coffee: How to walk into a job at J.P. Morgan. Special bathrooms at UBS
Getting a job at J.P. Morgan is supposed to be difficult, and in most cases it is. The investment bank rejects 98% of its people who apply to its analyst and associate programmes in the U.S., for...
View ArticleClik here to view.
The most dangerous seats in banking
It’s been a perilous couple of months for a particular breed of employee in investments banks. Since the start of 2018, European banks have been clearing out their more senior staff. Barclays went...
View ArticleClik here to view.
Eisler Capital and Citadel made some big hires in London
Most European banks have yet to pay their bonuses. This isn’t stopping hedge funds picking off their staff. The UK’s Financial Conduct Authority (FCA) Register shows that hedge funds Eisler Capital and...
View ArticleClik here to view.
Want to work for a French bank on Wall Street?
Est-ce que tu parles français? Non? Well, that’s OK, because you don’t have to speak French if you want to work for one of the French banks with a presence on Wall Street. And yes, the two biggest –...
View ArticleClik here to view.
The pressure is on at Barclays after crazy MD hiring in 2017
Tomorrow morning, Barclays reports its results for 2017. It will be an important moment for the British bank, which insiders say hired no fewer than 40 managing directors (MDs) to its banking and...
View ArticleClik here to view.
How to get a big bonus in a bank without working stupid hours
You’ve reached the end of the year, and the numbers are in. Like most people in banking, you probably had grander ambitions for your bonus than your boss did, and now you’re furious, or worse,...
View ArticleClik here to view.
“The one big thing that got me a job at Goldman Sachs in Asia”
I’m a finance student in Hong Kong and late last year I landed a 2018 internship at the only bank I applied to: Goldman Sachs. This is no mean feat – there are fewer internships on offer here than in...
View ArticleClik here to view.
Morning Coffee: The clever new perk at Deutsche Bank. Earn $317k a year in an...
Deutsche Bank is developing a well-deserved relationship for a novel approach to rewarding staff. After last year’s decision to withhold performance bonuses in the investment bank, it came up with a...
View ArticleClik here to view.
High earners slashed at Barclays as new joiners get big guarantees
There are a lot fewer euro millionaires among Barclays’ material risk takers than there used to be. This could be because Barclays has been splashing out to hire in a lot of new managing directors from...
View ArticleClik here to view.
BNP Paribas’ ex-head of CEEMEA FICC trading joined a hedge fund
Remember Simon Birch? He’s the former head of central and eastern Europe, Middle East and Africa (CEEMEA) fixed income trading at BNP Paribas. He’s just turned up at hedge fund Highbridge Capital...
View ArticleClik here to view.
Good and not-so-good excuses to get out of work for a job interview
Unless the hiring company is willing to meet with you off the clock, you’ll likely need to spin a tale to sneak away from work for a job interview. It’s a situation where the correct thing to do may be...
View ArticleClik here to view.
Morning Coffee: HSBC decides it’s too much hassle to pay some people bonuses....
HSBC is shifting away from discretionary bonuses towards fixed pay. The decision has some bonus-starved back-office employees up in arms. HSBC is capping bonuses for thousands of operational staff...
View ArticleClik here to view.
Is this the best trading job in a bank? Or the worst?
If you’re looking an exciting trading job in an investment bank, one where you actually get to take proprietary risk with a bank’s own balance sheet, where you’ll deploy some of the most complex...
View ArticleClik here to view.
Millennial bankers’ message: “We’re nice people, not greedy, not unethical”
When Asad Husain told friends and family he was going to work for Deutsche Bank’s Financial Institutions Group (FIG) in 2011, he didn’t get the best of receptions. Signing up to an analyst program at a...
View ArticleClik here to view.
RBS traders outperformed (again). This is how much they’re paid
Nowadays, traders at RBS’s investment bank work for an entity known as NatWest Markets. This is in memory of the old NatWest Securities division acquired by RBS in 2000. When it comes to compensation,...
View ArticleClik here to view.
What no one told you about the investment banking dress code
Banking is a people business.You might think it’s about the numbers, but it’s not. It’s about what people think about you and what you think about them. Perception becomes reality. In a world like...
View ArticleClik here to view.
Deutsche Bankers complain they still don’t know who’s being laid off
It’s been a full working week since Bloomberg first reported news of Deutsche Bank’s imminent 250-500 investment banking redundancies and insiders are starting to feel a bit twitchy. They still don’t...
View ArticleCitigroup Malaysia CEO: “Why I’ve stayed at my bank for 27 years”
Lee Lung Nien has worked for Citigroup for the best part of three decades and he’s clear about what’s motivated him to stay for so long. “I’ve been based in London, New York, Singapore and Kuala...
View ArticleClik here to view.
Morning Coffee: Goldman Sachs associates’ weird weekends. Deutsche Bank...
If you’re an analyst or associate at Goldman Sachs these days, you get Friday nights off. Some Goldman juniors are said (by others) to spend their weekends in states of mild debauchery. Others catch...
View ArticleClik here to view.
Five ex-Credit Suisse equity derivatives MDs founded a new hedge fund
Five former senior Credit Suisse equity derivatives professionals have come together to set up a new UK-based hedge fund, Pluris Capital. The five founders are: Eric Van Laer, Credit Suisse’s ex-head...
View Article