Citi’s Wall Street bankers have reason to resent their colleagues in Canary...
Citi’s US investment banking soared last year. Citi’s European investment banking business didn’t. The bank’s fourth quarter results, released today, show that Citi’s US-based Securities and Banking...
View ArticleJahresergebnis: Wer bei Goldman Sachs das große Geld verdient und wer nicht
Um 21 Prozent auf 2,25 Mrd. Dollar kletterte der Nettogewinn bei Goldman Sachs im vierten Quartal. Damit fällt auch der Jahresgewinn 2013 mit gut 8 Mrd. Dollar um 8 Prozent höher als im Vorjahr aus,...
View ArticleNew Singapore crack-down on money laundering a boost to AML roles
News that Singapore’s government wants to bolster its anti-money laundering (AML) efforts is like to step up demand for professionals in this area. The authorities conducted a risk assessment at the...
View ArticleDaily Dispatches – Malaysian bank to hire 500 in Singapore
Malaysia RHB Bank will expand its Singapore business three-fold in the next two years by focusing on the SME (small and medium enterprise) business, wealth management as well as corporate and...
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La place financière parisienne passe à l’offensive : 1 million d’emplois est...
C’est un peu un électrochoc que la place financière cherche à provoquer à travers la publication, hier, de deux rapports* réalisés sous l’égide de Paris Europlace, à peine un mois après la mise en...
View ArticleMorning Coffee: How to get a technology job at Goldman, cash bonuses at...
Want to work in technology for Goldman Sachs? Now is probably the time. In yesterday’s conference call to accompany the firm’s fourth quarter results, CFO Harvey Schwartz said the firm has “leveraging...
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Welchen Einfluss ein CFA auf Ihre Karriere haben kann
Der CFA stellt nicht unbedingt den Königsweg zu einem neuen Job dar, dennoch kann er einer Karriere auf die Sprünge helfen. Auch der korrekte Zeitpunkt des CFA-Erwerbs scheint in einer Karriere eine...
View ArticleMillennium swoops for senior staff from commodities hedge fund
Millennium Capital Partners, the expansionary hedge fund, has never been slow to capitalise on an opportunity to bring in new talent, hiring from investment banks’ prop trading desks over the past 12...
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You’ll earn 25%-33% more working for a private equity fund than a hedge fund
Private equity funds have had some bad publicity when it comes to pay in the past few years. Performance hurdles haven’t been met and carried interest – the share of profits paid out to senior staff...
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Morgan Stanley’s results suggest you should get out of banking – try...
Morgan Stanley’s fourth quarter results are out. The story is obfuscated by some big accounting-related Debt Valuation Adjustment (DVA) charges, but mostly it’s similar to elsewhere - it was a bad...
View ArticleSchlechte Morgan Stanley-Ergebnisse dürften Investmentbankern ihre Boni...
Nachdem sämtliche wichtigen US-Banken in der laufenden Woche ihre Ergebnisse für das vierte Quartal 2013 präsentiert haben, folgt am heutigen Freitag (17. Januar) auch Morgan Stanley. Rückstellungen...
View ArticleBanker offers up sample interview questions, unique advice for prospective...
These questions, aimed at MBA students eyeing full-time roles in investment banking, were delivered by an unnamed Ivy League alumnus currently working on Wall Street. Some are surprisingly routine...
View ArticleThe sorry Sundays of investment bankers
What’s your Sunday routine? Do you lie in bed until 10am before cooking a carb-light, protein-heavy breakfast and then walking in the park before going out for a lunch? Lucky you. That’s not how it is...
View ArticleCareer Crunch: Bonus predictions for 2013, how to set yourself apart from the...
Missed out on the top stories on eFC over the past week? Fear not, here’s a chance to catch up on the most read articles of the past seven days. Pay predictions for 2013 at Goldman Sachs, JPMorgan,...
View ArticleThe finance job where women dominate in China
Financial planning is a major growth industry in China – the demand for relationship managers alone is an indication of how the industry is booming. It is also an industry where women excel,...
View ArticleDaily Dispatches – China’s banks facing drop in profit to single digits
China’s state news agency Xinhua is reporting that the chief economist at the Bank of Communications Lian Ping has forecast net profit growth for listed banks at around 8.3% this year, which represents...
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Investment banks’ trading teams hop on the optimistic hiring bus
In the summer of 2013: while all talk of an increase in financial services recruitment was dominating the headlines, investment banks’ trading desks had to be content with the fact they were no longer...
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Rabenschwarzes Schlussquartal: Deutsche Bank-Mitarbeiter dürfen ihren Boni...
Die Zeiten, als die Deutsche Bank mit horrenden Gewinnen glänzen konnte, scheinen passé zu sein. Im vierten Quartal musste der deutsche Branchenprimus einen Vorsteuerverlust von 1,15 Mrd. Euro...
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La reprise des embauches à la City : pourquoi y croire
Les premières rumeurs du retour des embauches dans l’industrie financière outre-Manche remontent à l’été dernier. Si la reprise du marché de l’emploi semble s’être ensuite confirmée – commençant à...
View ArticleWeird hires made by Goldman, JPMorgan and Morgan Stanley in 2014, and what...
We may only be a few weeks into 2014. We may be approaching bonus time. Litigation costs may be up and fixed income businesses may be struggling at Morgan Stanley and Deutsche Bank. But there’s still...
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