Credit Suisse’s head of European credit structuring has left the bank
As Credit Suisse continues to pare costs in its investment bank, one of its most senior European structured credit bankers, has left. Emmanuel Parrenin worked for the Swiss bank in London for 11 years,...
View ArticleWhat it’s really like to work in leveraged finance, by a J.P. Morgan MD
If you want to work in the investment banking division of a large firm, leveraged finance is probably not the obvious choice. M&A and capital markets still hold the most sway to those starting out...
View ArticleHard Brexit looms. How safe is your London banking job?
If you thought Brexit was either going to be endlessly deferred or so soft and cuddly that Britain’s banking industry escaped almost unscathed, you were wrong. In her conference speech yesterday,...
View ArticleDeutsche Bank markets MDs are now heading for the door
If you’re a senior investment banker who gets the tap on the shoulder at a struggling firm to tell you that your role is ‘at risk’, how long before you’re actually shown the door? In the case of Gavin...
View ArticleMorning Coffee: Sad lives of 23 year-olds on trading floors. Theresa May’s...
Everyone knows that life as a junior in an investment banking division (IBD) can be harsh, but is your youth spent any more productively as an analyst or associate on a trading floor? As a trading...
View ArticleFrench students are still clamouring for investment banking jobs in London,...
Aymeric Lubino has interned at BNP Paribas’ M&A division in France. He’s studying a Masters in Finance at HEC Paris, but there’s only one place he wants to work when he graduates in 2018 – London....
View ArticleThe best Polish banking jobs at Goldman Sachs, UBS, CS, Citi
As a hard Brexit veers into sight, something is becoming clear: all the talk about banks shifting jobs out of London is misplaced. It’s not shifting existing jobs out of the City that’s the issue, it’s...
View ArticleJ.P. Morgan’s new Nomura analyst. Barclays hired a credit trader
If you’ve lost your job in an investment bank, Nomura’s unwanted equities professionals should be an inspiration to help you find a new one. Months after Nomura closed its equities business, Nomura’s...
View ArticleChief technology officer at Bank of America Merrill Lynch now repairing...
Until April this year, Bob Hillier was a managing director and head of fixed income currencies and commodities technology at Bank of America Merrill Lynch in New York. As of this month, he’s moved to...
View ArticleParanoia and payouts: what it’s like when you leave Goldman Sachs
It’s been a busy year for departures at Goldman Sachs. As we’ve variously reported, the firm has cleared out senior people from its fixed income sales and trading business in preparation for the...
View ArticleMorning Coffee: How to keep 21-year-old investment bankers satisfied. The...
Junior investment bankers go into the industry preaching passion and commitment, but the reality is that a lot of millennials taking a bulge bracket job these days have one eye on bolstering their...
View ArticleOliver Wyman’s guide to keeping your banking job after Brexit
Reports of the City of London’s demise after Brexit may have been greatly exaggerated. This is the key message from the big new report on the impact of Brexit on Britain’s financial services sector....
View ArticleWhat recruiters REALLY want to hear when they ask about your next move
When recruiters or hiring managers ask you what you’re looking for in your next employer or position, there is a right way and a wrong way to respond. Venturing out into the job market now is a risky...
View ArticleBrevan Howard has made another senior UK hire
In 2016, Brevan Howard Asset Management has been more about cost cutting than expansion. However, the macro fund is still bringing people through the door and – unusually – seems to be hiring from...
View ArticleThe new most stressful jobs in banking and finance
As junior bankers find themselves at the centre of a love-in on working hours, the established hierarchy of stressful jobs in banking finance is being turned on its head. Working as an analyst or...
View ArticleAre you part of Theresa May’s ‘international elite’? A small quiz
Theresa May is not a friend of the banking industry. Echoing whispers from ‘senior members of the administration‘, she used her conference speech today to decry “international elites” and clarify that...
View ArticleMorning Coffee: A different diagnosis of Deutsche Bank’s problem. How to...
Deutsche Bank’s share price has partially bounced back from its lows of last week, but there’s no end to the analysis of its ‘issues.’ In the breathing space granted by Friday’s revelation that the...
View ArticleMeet 15 analysts starting at Goldman Sachs, J.P. Morgan and Morgan Stanley in...
Are you an ‘incoming analyst’, sitting pretty in the knowledge that you already have an investment banking job secured for 2017? If not, the clock is ticking until the banks close their programmes to...
View ArticleLondon analyst and associate jobs cut as banks get aggressive
It’s that time of year. While banks are busy making appointments to next year’s analyst classes, they’re also busy cutting from this year’s analyst and associate pools. When you have 223,000 people...
View ArticleCredit Suisse prime broking COO escapes to buy-side
Credit Suisse is cutting costs. If you have the option of leaving the Swiss bank for the buy-side, you might want to avail yourself of it therefore. Ashley Brown, former COO for EMEA in Credit Suisse’s...
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