Banking: is the lifestyle still worth it?
In the case of Jeremie Banet, something seemed to snap. Banet, a French portfolio manager, ex-BNP Paribas banker and graduate from the prestigious Paris IX Dauphine University, had been working at fund...
View ArticlePay squeeze at JPMorgan, while Goldman Sachs’ pay rises
JPMorgan is cutting costs. Daniel Pinto, chief executive of the corporate and investment bank, is reportedly casting around, looking for paper clips and other costs to eliminate. Pinto also seems to be...
View ArticleMeet the new candidates KPMG is actively looking to hire
Big Four accounting firms like KPMG continue to grow, particularly when it comes to adding fresh talent out of school. But, like in banking, the profile of candidates is changing. No longer are firms...
View ArticleJamie Dimon cancer treatment: is he being a workaholic?
Jamie Dimon has cancer. Yes, it’s curable. Yes, it’s restricted to a small area of his throat and is only in the lymph nodes on the right side and hasn’t gone any further. Yes, he’s had exhaustive...
View ArticleHow to make a stunningly successful first career move in Asian banking
You’ve got through your first two years at a bank in Asia and are finally no longer considered a graduate-level hire. You’re now deciding whether to stay with the firm that’s invested time and money in...
View ArticleHow investment banks are targeting fintech talent
Investment banks spend billions each year on technology, have armies of developers, architects and project managers overseeing cutting edge products – or at least those with enough firepower behind...
View ArticleLes 15 Français les plus influents dans la finance en Europe
L’hebdomadaire britannique Financial News a renouvelé son palmarès des 100 personnalités de la finance les plus influentes en Europe. L’occasion de jauger la visibilité de nos compatriotes dans cette...
View ArticleGoldman Sachs jobs: this is what the bank really said yesterday
So, yesterday was Goldman Sachs’ second quarter results day. As we reported yesterday, the firm did better than expected. It also increased pay and headcount year-on-year. However, there was more to...
View ArticleIn trading, has better than expected become good enough?
Kind of crappy but better-than-expected with little visibility over the future quarters – that’s been the consistent narrative surrounding Wall Street trading during second quarter earnings calls. The...
View ArticleWhy Bank of America’s FICC trading results are (slightly) overrated
It’s difficult to call a bank’s results ‘overrated’ when it sees a 43% decrease in profit, based mainly on large one-time litigation expenses, but the one main highlight that came out of Bank of...
View ArticleWho’s in Bank of America’s huge summer intern class this year?
Bank of America is hiring lots of juniors. Nearly one year on from the death of Moritz Erhardt, it was reported this morning that Bank of America Merrill Lynch (BAML) has hiked its intake of analysts...
View ArticleBlueBay boosts pay by 26%, continues to hire from investment banks
BlueBay Asset Management, the $62.5bn hedge fund owned by Royal Bank of Canada, has boosted pay for its staff by 26% and increased headcount during a year when both assets under management and revenues...
View ArticleThe senior specialist banking career in high demand in Singapore and Hong Kong
While stable senior careers in Asian investment banking are increasingly hard to come by – as we noted yesterday, banks are keener to hire juniors – financial institutions group (FIG) jobs are a...
View ArticleLes postes et les employeurs que vous serez le plus susceptible d’avoir avec...
Les examens du CFA sont déjà loin et vous trépignez d’impatience à l’approche des résultats, qui seront annoncés fin juillet. En supposant déjà que vous faîtes partie de la minorité des personnes à...
View ArticleWelche 20 Kompetenzen Ihnen sofort zu einem neuen Job verhelfen
Der Fachkräftemangel ist in aller Munde. Dumm nur, dass die gesuchten Kompetenzen und das verfügbare Angebot an Fachkräften weit auseinanderklaffen – auch und gerade in den Finanzdienstleistungen. Wir...
View ArticleWhere in the world do senior investment bankers earn more? It’s not where you...
Could it be – senior investment bankers in Frankfurt earn more than those in London? Yes, but only very marginally, according to new research released this morning. Emolument, the real-time salary data...
View ArticleSeasoned investment bankers impart wisdom to incoming analysts
Analysts will shortly be joining investment banks’ training programmes across the world, wet behind the ears, but nonetheless brimming with confidence from beating hundreds of other applicants to the...
View ArticleGoldman’s tertiary business is starting to make some noise
Goldman Sachs surprised most analysts with its second quarter earnings report. The bank survived an overall decline in trading revenue – 10% in fixed income and 13% in equities – with a rather...
View ArticleHSBC follows Barclays, RBS and cuts contractor rates by 10%
HSBC has become the latest bank to impose a unilateral 10% rate cut on its contractors, sparking anger among its temporary staff who have had their pay squeezed in recent years. The bank informed its...
View ArticleMorgan Stanley demonstrates the art of getting more out of staff while paying...
Pin it on James Gorman’s consulting background, or maybe Morgan Stanley is practising what it preaches, but the bank’s securities division has posted another impressive quarter, headcount across the...
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