Eight important charts about the future of investment banking from McKinsey &...
McKinsey & Co have a big new banking report out. It says banks are in a bad way, that they need to cut products, push electronic platforms, merge, cut headcount, cut pay etc. These are the charts...
View ArticleKPMG to increase campus hiring by 30% within advisory. Here’s what you need...
As Wall Street continues to shrink, more undergraduate and MBA students are choosing consulting over traditional finance roles. Most consulting firms are growing rapidly, and it doesn’t hurt that the...
View ArticleDaily Dispatches – merge ops and cut staff or face disaster, McKinsey tells...
Consulting group McKinsey says the world’s leading global banks need to make significant changes, including merging operations (fixed income and equities trading) and cutting staff, if they want to...
View ArticleAsia beckons UK and Australia’s unloved carbon traders
Carbon traders whose employment prospects in Europe and Australia have all but dried up could be the next hot property in Asia, as China gears up to launch seven new pilot schemes and other trading...
View ArticleMorning Coffee: This man is in big trouble at Goldman Sachs; 18,000 people...
It is not a good day for Guy Saidenberg at Goldman Sachs. Guy is the global head of FX trading at the bank and according to various sources it may have been Guy’s business that destroyed Goldman’s...
View ArticleFünf einfache Tipps, wie Sie Ihren Lebenslauf auf Vordermann bringen
Falls Sie reihenweise Bewerbungen versenden und darauf nur Absagen ernten oder sogar von Arbeitgebern oder Headhuntern schlicht ignoriert werden, dann liegt das vielleicht an Ihrem Lebenslauf. Doch...
View ArticleAn ex-Goldman Sachs insider’s 10 tips on how to sail through investment...
Scour any investment banks’ graduate recruitment website and they’ll offer some generic tips on how to make it through the interview process and secure a full-time role. But do you really know what the...
View ArticleWhen banks compel their people to take two weeks’ unpaid Christmas holiday,...
Barclays’ CEO Antony Jenkins will be having fun times this Christmas. In between lunching with his family at his home in London’s Knightsbridge, Jenkins will be guest-editing BBC Radio Four’s Today’s...
View ArticleDem Konzernumbau der Credit Suisse sollen keine Stellen zum Opfer fallen
Die Credit Suisse hat einen Komplettanbau ihrer rechtlichen Struktur angekündigt. Laut einem Banksprecher sollen dem Totalumbau keine Stellen zum Opfer fallen. Auch das operative Geschäft werde...
View ArticleHuit graphiques de McKinsey pour comprendre de quoi sera fait l’avenir des...
McKinsey & Co vient de publier un copieux rapport sur l’état du secteur bancaire. Selon les auteurs, les établissements bancaires ne sont pas au bout de leur peine, ils devront limiter leur offre...
View ArticleWie Sie ein Vorstellungsgespräch überstehen: Tipps von einem Goldman...
Auf nahezu jeder Website einer Investmentbank finden sich Tipps, wie Bewerber ein Vorstellungsgespräch bewältigen. Doch leider handelt es sich dabei zumeist um nichtssagende Gemeinplätze. Bei Mark Hatz...
View ArticleGood and not-so-good excuses to get out of work for a job interview
It’s one of the only situations in life where the correct thing to do may be to tell a white lie. Unless the hiring company is willing to meet with you off the clock, you’ll likely need to spin a tale...
View ArticleChinese internet companies move into lending, pay top dollar for platform...
China is deregulating it financial services sector at an unprecedented pace, with traditional institutions now facing direct competition from foreign banks coming into the market as well as companies...
View ArticleDaily Dispatches – China’s ‘baby’ billionaires
China has the youngest billionaires in the world, says Bloomberg’s Businessweek. According to the newly released 2013 Billionaire Census by Wealth-X and UBS, the average age of the country’s 157...
View ArticleCes banquiers qui ont décidé d’en finir avec la langue de bois
On connaissait la volonté des politiques de s’affranchir – avec plus ou moins de succès et de talent – du politiquement correct à l’image de Jean-François Copé auteur du livre Promis, j’arrête la...
View ArticleMorning Coffee: JPMorgan has already decided its bonuses, and….Abnormally...
If you work at JPMorgan and were hoping you’d have a few more weeks to impress your boss before your bonus is determined, then bad luck: according to Reuters, the bank “largely set” its bonuses this...
View ArticleThe bank that has to hire 1,000 people in only 12 months
The European Central Bank has to hire a lot of people – and fast. Following the EU’s decision to create a Single Supervisory Mechanism for the 130 largest banks in the Eurozone, the ECB has been tasked...
View ArticleÜber die Branche III: Das Anleihe-Geschäft (Debt Capital Markets)
Die Hochgeschwindigkeitswelt der Staats- und Unternehmensanleihen Wenn sich ein Unternehmen vergrößern, aber die Vorherrschaft im eigenen Haus nicht opfern will, dann kann es sich frisches Geld an den...
View ArticleHigh pay, zero job security, zero loyalty, social atrophy: an...
What went wrong with banking culture? Yesterday, the London School of Economics’ (LSE’s) Systemic Risk Centre ran an event to pontificate about precisely this issue. In attendance were senior risk...
View ArticleGoldman Sachs MD quietly discloses the all-important quality required of...
What does Goldman Sachs look for when it hires people? Is it intelligence? Not necessarily. Is it extracurricular extravagances? Not always. Is it teamwork? Kind of. Is it diligence? Sort of. Is it a...
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