Investment banking analysts in the City get Brexit summer bonus boost
The slumping pound is anticipated to make the terrible bonus round in 2016 appear a little less severe at U.S. investment banks in London, but for analysts in the City who have just been paid, Brexit...
View ArticleTales of workaholic investment banking bosses, and how to survive them
It wasn’t the greatest precedent to set. Alex, a third-year associate working on a FIG investment banking team in London, had just seen her notoriously hard-driving managing director go on maternity...
View ArticleGoldman Sachs has poached a new global head of distressed credit from...
Goldman Sachs may be slowly letting people go in its New York office, as well as cutting in fixed income generally, but it’s also hiring when the right person comes along. In the senior ranks, it has...
View ArticleEY has been drastically increasing its graduate recruitment in the U.S.
EY is making an aggressive play to beat both other Big Four firms and industries to talent coming out of U.S. universities and has increased its target for intern and graduate recruits this year....
View ArticleThe three key problems women in banking now face in the workplace
In my career as a head of selection at Standard Chartered, career coach and leadership specialist, I’ve encountered many under-valued women managers in banking and other sectors. These people have high...
View ArticleMorning Coffee: Inside the most high-profile deal of the year. You can still...
When the main players are Hulk Hogan suing your client, Gawker, over publishing an excerpt of his sex tape, backed by Silicon Valley billionaire Peter Thiel, you know that your job finding a potential...
View ArticleThe top universities for the 2016 analyst class at Barclays and HSBC
If you want to work for a UK-based investment bank these days, your options are limited. Royal Bank of Scotland has gone from a pre-crisis behemoth, to a small player in the investment banking space...
View ArticleTop investment banker leaves for fintech, returns seven months later
It’s an all too familiar career path in investment banking these days – senior investment banker quits for a fintech start-up, bemoans previous vocation as a declining industry, sails off into the...
View ArticleNine golden rules for dressing down as an investment banker
If you work in investment banking it’s generally accepted that you have to be suited and booted. In a culture that frowns on even wearing brown shoes or patterned shirts in a work environment, the...
View ArticleMorgan Stanley has just made a big FIG hire
Morgan Stanley has made a significant addition to its financial institutions group (FIG) in the U.S., poaching a senior managing director from Guggenheim Partners in New York. Thomas Chen joined Morgan...
View Article15 tricky questions that could stump you in a corporate banking interview...
Interviews for relationship manager jobs in corporate banking can be daunting experiences. Get set to be grilled about every aspect of your clients, and how you interact with and make money from them....
View ArticleMorning Coffee: Credit Suisse’s “hasty and vague effort” against departing...
In May, five heavy-hitting investment bankers accepted offers to leave Credit Suisse’s San Francisco-based technology team for a rival firm, Jefferies. Now the circumstances of their departure are...
View ArticleSix ways to handle an annoying coworker
A career in the world of finance has many challenges. You need to juggle several balls and keep a few plates spinning at all times. To be competitive, you need to have up-to-the-second real-time...
View ArticleMorning Coffee: Wall Street analysts and traders are soul-searching – and...
Wall Street stock analysts are predicting doom – for their own profession. Of course, technology – and its meteoric impact on investment banking – is to blame, and research analysts will have to adapt...
View ArticleCitadel hires J.P. Morgan MD to lead technology as it continues London expansion
Citadel Securities has hired a managing director from J.P. Morgan to lead its European technology function. John MacDonald joined Citadel as managing director, head of technology in Europe earlier this...
View ArticleThe 6 big pieces of Brexit news you missed on the beach
Two weeks is a long time in politics, especially when the politics concerned are not just domestic but include the Machiavellian machinations of an entire continent. If you’ve spent the past 14 days...
View ArticleMoelis & Co. pays its London partners very well indeed
M&A is not dead. So says a new report from the Boston Consulting Group (BCG), which predicts that M&A bankers’ pockets will carry on being lined for the indefinite future as corporates engage...
View ArticleCredit Suisse has been quietly hiring senior investment bankers in the U.S.
Credit Suisse has been quietly adding senior bankers to its U.S. operations even as it reshapes its investment bank and cuts headcount in London. Rose Lee, who was most recently a managing director at...
View Article“Why I quit big banks for Big Data”
For every lifer who stays in banking for the long haul, there’s another who plans an exit strategy for a second career. Tina Hannagan, area vice president in the strategic retail, transportation and...
View ArticleMorning Coffee: Goldman Sachs on the future of trading, UBS on the future of...
Goldman Sachs is moving into electronic corporate bond trading once again. Despite quietly shelving its previous attempt, GSessions, in 2014 – something its creator said is reflective of big banks’...
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