Morning Coffee: Ex-Goldman partner’s advice: find a “sanity buddy.” The M&A...
Have you ever worked so hard that you forgot what day it is? How about which month? Which season? Lisa Shalett, a former Goldman Sachs partner and MD, would understand. When she worked for Goldman,...
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A J.P. Morgan equity analyst joined Balyasny Asset Management
Remember Balyasny Asset Management? It’s the expansionary U.S. hedge fund that’s been hiring from investment banks in London. It’s just hired an equities analyst from J.P. Morgan. Xiao Lu joined...
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This Credit Suisse MD has just launched his own advisory boutique
Quitting a big investment bank after decades in the industry to be your own boss is the trend of 2017. Investment bankers are launching their own advisory boutiques, while senior traders are starting...
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HSBC’s ex-Goldman bankers are outdoing Barclays’ ex-J.P. Morgan ones
HSBC likes to hire from Goldman Sachs. The head of HSBC’s global banking division is Matthew Westerman, a 16 year Goldman veteran. Since arriving in February 2016, Westerman has been reshaping HSBC in...
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MiFID II will ravage sales and trading jobs. Are you sure you’re ready?
If you work in a markets job in Europe, something dark and foreboding is lurking on the horizon. It seemed it would never arrive, but is now approaching with alarming alacrity: MiFID II will be...
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This HFT firm has slipped to a $2.4m loss, but is still hiring
Working in high frequency trading (HFT) doesn’t hold the lure it used to. Knight Capital Group is shedding 100 jobs as Virtu Financial completes its $1.4bn takeover of the firm, while Sun Trading’s...
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Morning Coffee: The most frightening thing to hit trading jobs in years. The...
There are a lot fewer less working in equities trading than there were. Last year the Economist famously claimed that Goldman Sachs had 600 people trading equities in 2000 and just two, plus 200...
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Citadel’s quant buildout continues with this big new hire
Citadel is one of the many top hedge funds rolling out the red carpet to attract top quants – and it appears to be working. It’s latest recruit is a former portfolio manager at Millennium Capital who’s...
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The Brexit-effect on banking pay
Predicting Brexit’s effect on banking jobs has become a case of shock and awe. Oliver Wyman said nine months ago that a hard Brexit could do away with 31,000 to 35,000 London banking jobs directly and...
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This former banking CEO is on a mission to get more women into senior finance...
Richard Nesbitt spent nearly 30 years working in senior banking jobs, but he hasn’t been taking it easy since retiring from finance three years ago. Instead, he’s set himself a new goal – getting more...
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Excitement as August 2017 analyst bonuses approach
If you’re an analyst in an investment bank, you may be about to be paid. Not all analysts, not all investment banks. But some. And some banks have been having a good year, which should be reflected in...
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Bank by bank graduate and internship application deadlines (London), 2017-18
It’s time: investment banks have opened applications for full-time graduate programmes and – assuming you want to be one of the 2-3% of applicants who make the cut – it pays to start now. Investment...
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12 phrases that make you sound smart enough to get promoted
Regardless of how your firm did during the first quarter, you should always be thinking about ways to separate yourself from peers to keep your job, if your company is making cuts, and position...
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Why MDs don’t know how to pitch, and pitchbooks are pointless
If you’re a managing director with 15 years’ experience winning deals and your own personal Rolodex of corporate executives, you might question who the hell Paul Boross is tell you about pitching....
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Morning Coffee: Harsh new reality for Goldman’s senior investment bankers....
Not long ago, the life of a senior client-facing investment banker at Goldman Sachs sounded pretty chill. Back in November 2016, when Harvey Schwartz was CFO, he said client relations require patience....
View ArticleThe skill all financial professionals need on their CVs
There’s a skill that David McCandless thinks we should all add to our CVs: data visualisation. “The amount of data in financial services and other industries is going up exponentially,” says...
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Hiring (and firing) plans by bank in the 2nd half of 2017
Most big banks have now reported their second quarter results and discussed their strategic priorities for the rest of this year. So, who’s hiring and who’s cutting? And where are they doing it? This...
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This ex-senior rates trader in London has just joined a VC firm in Barcelona
Josep Santacana, the former head of European rates trading at RBC Capital Markets was ahead of the curve. In 2015, just before the current trend of senior bankers quitting for fintech, he left his...
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Eight ways to get a new Wall Street job or promotion during the summer lull
Wall Street shuts down during August, with traders and investment bankers seizing the opportunity for a rare vacation, and the financial district of New York is a ghost town. Now’s the time to ask...
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Goldman’s former head of electronic trading has just left his top job at KCG...
Rob Crane, the head of European client execution at KCG Holdings, is the latest senior figure to depart the firm’s London operation following Virtu Financial’s $1.4bn takeover of its high-frequency...
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