Bank of America just poached a top trader from Goldman Sachs
Electronic traders are quite the thing right now. As we were first to report last week, Barclays has got a new senior electronic trader from KCG. And as we were first to report in the weeks before...
View ArticleGoldman Sachs’ former 20-something trading guru has moved on again
It’s been a while since Jan Sramek worked at Goldman Sachs. Six years ago, the then 24-year-old trading prodigy, exam genius and youngest ever ‘rising star’ left Goldman Sachs, and quit banking...
View ArticleDiary of a banking intern: “It all kicks off after 6pm”
Investment banks give you a little bit of time to bed into your internship, but by the second week it’s clear what you’re in for. I haven’t left the office before 2am. Last week, I was out enjoying the...
View ArticleThe banking technology jobs that pay £100k+
Can you earn six figures working in a banks’ technology function? Yes, yes: you can. How soon can you earn £100k, and which jobs should you do? This depends. If you choose to work as a developer in an...
View ArticleMorning Coffee: Good times at JPMorgan, bad times at Goldman Sachs. Slow...
Goldman Sachs did not have a good first quarter to this year. Nor did it have a good final quarter to last year. We know that this is ruffling feathers within Goldman Sachs because Pablo Salame, one...
View ArticleThis senior Apollo Global Management partner has just departed
Turnover among the senior ranks of private equity firms is, compared to banking, rare. This year, however, big buy-side firms have been losing some key employees. The latest exit is Ralf Ackermann, a...
View ArticleJ.P. Morgan’s ex-head of gilt trading came out of retirement and joined Citi
That didn’t last long. In June 2016, Martin Cross, a veteran gilt trader at J.P. Morgan, retired. Thirteen months later, he’s back. Cross is understood to have joined Citi. The bank confirmed his...
View ArticleIf you really know about artificial intelligence, you could earn as much as...
Forget all the hype around artificial intelligence (AI), if you’ve really got the skills that Silicon Valley and Wall Street need, you could haul in millions of dollars a year. “Right now, AI is an...
View ArticleI’m an investment banking cost cutter. Here’s how to survive the chop
I cut costs in investment banks. This is my job. I am an expert in cutting costs and improving processes and creating efficiencies, especially in the technology function. If your job is going to...
View ArticleThe strangest outfits you will see at Goldman Sachs
Goldman Sachs is allowing its technology workers to dress down. Cue excitement and a rush on high-end jeans. Except Goldman insiders, both in the tech division and without, say unusual clothing is...
View ArticleHedge fund Elliott Advisors just made some unusual hires
The path into a hedge fund job isn’t always obvious and in the case of activist firm Elliott Advisors, its latest hires are far from the typical buy-side hire. The hedge fund has just brought in...
View ArticleMorning Coffee: The curious European bank U.S. MDs are busting to work for....
Rothschild, one of largest M&A houses in Europe, hasn’t really broken into the U.S. However, now it wants to double its market share of revenues and its headcount there. Rothschild has typically...
View ArticleThese are the universities and subjects most likely to land a high paying job
Top UK graduates are now much less likely to choose an investment banking career, and those from the London School of Economics – which has been the biggest feeder school for financial services in the...
View ArticleEton Park Capital’s London partners are landing new jobs
Working for a hedge fund is not what it once was. With the industry going through a crisis, struggling to justify sky high fees and paying less than it used to, traders who once clamoured to move to...
View ArticleThis former prop trader reinvented himself in fintech after his start-up failed
Charles Poliacof took a rather circuitous route to his current role as the chief revenue officer at Visible Alpha, a fintech firm that provides data analytics and a research distribution network...
View ArticleSeven things you should know about J.P. Morgan’s and Citi’s Q2 results
J.P. Morgan and Citi are the first major U.S. investment banks to unveil their Q2 results for 2017. Most banks have already warned investors that the fixed income currencies and commodities (FICC)...
View ArticleMorning Coffee: The 33-year-old banker with an unexpected 2nd job. The real...
Roger Federer won his 19th grand slam tennis title and men’s record eighth Wimbledon championship by beating Marin Cilic yesterday. Rival Novak Djokovic, the former world No. 1 ranked player from...
View ArticleGoldman Sachs just made a big hire from Barclays
If anyone’s moving this year, it’s leveraged finance professionals. And if anyone’s hiring, it’s Barclays, which is busy adding between 50 and 100 people to its investment bank. Now, however, Barclays...
View ArticleYou’re likely to earn more working for a boutique investment bank on Wall Street
Working for a boutique investment bank on Wall Street has its benefits over a ‘bulge bracket’ firm. For a start, a smaller organisation means a flatter hierarchy and therefore junior bankers are given...
View ArticleThe U.S. head of equities at BNP Paribas mysteriously disappeared
What became of Chris Innes? One moment he was happily ensconced as head of equities for Americas at BNP Paribas. The next, he disappeared. Poof. His current whereabouts are unknown. Innes’ FINRA...
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