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Goldman Sachs wants people to build a whole new risk and trading system
Goldman Sachs is going for growth in flow fixed income trading. When then-COO Harvey Schwartz presented his plan for the bank’s fixed income currencies and commodities (FICC) division last year, it was...
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Faced with crazily hot weather, bankers are taking matters into their own hands
It’s been hot. In the UK, the heatwave may be about to break but this is little consolation to all those who’ve spent the past month sweating into their TM Lewin shirts whilst traveling to and from air...
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Lower pay at Goldman Sachs’ still-tiny office in Frankfurt
Goldman Sachs has just released the 2017 results for its business in Germany. For anyone hoping to move to the Frankfurt office post-Brexit and carry on much the same as in London, it’s a bit of a...
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After 20 years in finance, here’s my advice to all the young bankers...
You’re an analyst or associate in an investment bank, so have you bought crypto assets yet? Maybe you should’ve: there are a lot of young traders and investors out there. However, as a banking MD with...
View ArticleHays releases the DNA of a CFO Asia detailing the steps you need to take to...
Becoming a CFO is a career aspiration for many people with a background in finance but the road to success is not always obvious. Hays Accountancy & Finance, which has been recruiting finance...
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Recruiters in Singapore and HK say these eight tech skills could soon save...
Goldman Sachs claims it’s a technology company. In Asia, DBS is peddling a similar line as its chief innovation officer Neal Cross benchmarks the bank against big tech companies such as Alibaba,...
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Morning Coffee: The new criteria for advancement at Goldman Sachs. The...
Want to get ahead at Goldman Sachs under soon-to-be chief executive David Solomon? You may need to get a bit more in touch with your feelings. Having something to talk about other than work likely...
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Goldman Sachs made a very big hire in trading technology
Goldman Sachs has made a big appointment to its equities technology team, hiring Matt Kilsby, the former chief operating officer of Systematica Investments, as a managing director. Kilsby had been a...
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Junior banker dies at M&A boutique. Firm denies working hours to blame
A junior banker has died at a mid-market boutique in Chicago. The reasons for his death are not clear, but colleagues had complained about long working hours. The junior in question was working for...
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Here’s how much you earn working for Bain & Co. in the UK
It’s getting harder to make big money in banking: the harder you work, the more money banks pay to their shareholders. Just look at Goldman Sachs, where the compensation ratio for the second quarter of...
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Bank of America the latest to hire an ex-hedge fund portfolio manager as an MD
Yet another high-profile portfolio manager has left the hedge fund world to return to the sell-side. Stephen D’Silva, who spent nearly a decade as a portfolio manager at two different New York hedge...
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Goldman Sachs London ED quits for a bigger job at BNP Paribas in Madrid
As March 2019 draws ominously closer, it’s becoming increasingly common for banks to build up their equities and equity derivatives sales and trading teams in continental Europe. Goldman Sachs, for...
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Morning Coffee: Harsh warning from 2nd year analyst who regularly worked...
Don’t. However much you want to get or to keep a job in banking, don’t sacrifice your health in the process. That means sleeping a lot more than three or four hours a night and being kind to your body....
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What caused the big drop in Credit Suisse’s global markets jobs in the second...
Something seemed to finally snap at Credit Suisse’s global markets division in the three months to the end of June 2018. After years of talk about restructuring and cost cutting, the Swiss bank’s...
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From J.P. Morgan intern to hedge fund founder in just five years
A former senior trader at Bridgewater Associates who’s yet to crack 30 years of age has founded his own hedge fund. Erick Quay launched the eponymous Quay Capital in New York late last month. Quay has...
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A Goldman Sachs partner explained why equity structurers are so hot
After the last financial crisis, it seemed that quants might fall forever out of fashion. After all, it was their devilishly complex products – that seemed to mitigate risk but didn’t – that spurred...
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Morgan Stanley hired a crypto trading specialist from Credit Suisse
Morgan Stanley has hired an expert in cryptocurrencies from Credit Suisse. Andrew Peel, Credit Suisse’s self-described former ‘trading subject matter expert for Bitcoin and cryptocurrencies’ has joined...
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Average pay per head may crack $750k at PJT Partners
Boutique investment bank PJT Partners road the recent M&A wave to an impressive second quarter, posting revenues of $130 million, up 20% year-over-year. The firm is rewarding its employees for...
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“I’m an Italian entrepreneur. Here’s why I come to London to boost my...
Ernesto Magnani is passionate about the potential of solar power to transform the energy sector. Working from his hometown of Parma, Italy, he runs Stern Energy, a thriving business which develops,...
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Morning Coffee: Why are women pushed into sales over trading? And the trader...
Nurhyati Mohd Moor,a senior oil trader at Freepoint Commodities, has written an opinion column in the FT on the age old subject of “can women prosper in the bro-culture of trading?”. But she also...
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