Impressive incompetence of ex-Credit Suisse trader Mark Stevenson
It’s a week for tales of failed trading scams. First there were the convicted insider traders who chewed up post-it notes with trading tips written on them. Now we have a foiled attempt to scam the...
View ArticleHeinous pay for Deutsche Bank MDs. And other Deutsche compensation facts
While everyone frets over Deutsche’s coming redundancies, the German bank has quietly divulged how and how much it paid its bankers last year. After a quick perusal of its remuneration report, we would...
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Why is Deutsche Bank’s Anshu Jain pulling this strange face?
We have come across a curious picture of Anshu Jain. It is published in Deutsche Bank’s annual report, which is out today. The picture, of Jain standing next to co-CEO Juergen Fitschen, is replicated...
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Fürstenbank LGT schafft 90 Stellen
Der Wachstumskurs bei der Liechtensteiner Fürstenbank LGT geht weiter. Im abgelaufenen Geschäftsjahr schuf der Wealth und Asset Management-Spezialist gut 90 Stellen. Somit erhöhte sich die...
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The 13 crucial charts from Morgan Stanley’s massive new banking report
Morgan Stanley and Oliver Wyman have released their giant new report on the future of banking. You can access the entire 74 page report by clicking this link: Morgan Stanley’s investment banking...
View ArticleHow to avoid looking like an idiot when applying for your first investment...
It’s happened again – an over-zealous Gordon Gekko wannabe has applied for an intern position at a bank, presenting himself as a new master of the universe and, once again, the recruitment team has...
View ArticlePlus de 200 créations d’emplois chez Amundi d’ici à 2016
Le groupe Credit Agricole ambitionne d’augmenter de 60% son résultat net en deux ans, selon le plan stratégique 2014-2016 présenté aujourd’hui. D’un point de vue strictement RH, Amundi semble le grand...
View ArticleExperienced risk pros receive massive pay packages as poaching war ensues
If you want a middle office job with a fat paycheck and great job security, risk management appears the place to be. Banks are desperate for experienced risk professionals and are making big offers to...
View ArticleMorning Coffee: Goldman trader’s unpleasant appraisal. Bad boss seeks minions
How must you describe yourself at appraisal time if you work for Goldman Sachs? Standard fare such as, “I am a team player who has delivered value to the firm over the past year,” may not be...
View ArticleKarrierevorteil Gentleman: Was gute Kleidung für den beruflichen Erfolg bedeutet
Es ist Ende Juli in Cambridge und den Touristenschwärmen bietet sich ein seltenes Schauspiel. Es handelt sich um den „Graduation Day“ und die Studenten vollziehen eine Prozession von ihren Colleges...
View ArticleBonus culture is corrosive, says former Citi private banking chief who now...
When Richard Edgecliffe-Johnson started out in banking in the 1960s, it was a different world. Working for a small branch of Barclays, one of his duties – in Dickensian fashion – was to stoke the...
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Ex-SAC fund manager also happens to have been highly-successful male model
Malte Heininger has worked as an investment banker at Morgan Stanley and Credit Suisse as well as a junior portfolio manager at SAC Capital in London until earlier this year. All of this seems like a...
View ArticleEquity researchers on £150k decide it’s just not worth it
Equity researchers are leaving banks and joining hedge funds. Didier Scemema, the former head of technology research at Bank of America Merrill Lynch has collected his bonus and left for Odey Asset...
View ArticleWhy you don’t want to work for a hedge fund startup
Despite being trounced by the S&P last year, investor fervor for hedge funds has never been stronger. It comes as a bit of a surprise then to learn how brutal the environment is for most newly...
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The ancient chart reminding bankers not to become entrepreneurs
It’s Friday afternoon. You’ve been paid your bonus. You’re nearing the end of another long week. You have that urge to quit your job and create that app for locating the nearest petting zoo. The chart...
View ArticleHow to ace an investment banking interview, courtesy of UBS
Scouring the bowels of the Internet for other research, we came across an old gem. Someone has uploaded UBS’s 2010 investment banking recruiting guide for MBAs. While it was first put together four...
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Six idées reçues sur les métiers de la finance d’entreprise
À la lecture de l’actualité, le monde de la finance semble parfois se limiter aux banques ou aux marchés. Les financiers d’entreprise, pour leur part, restent souvent dans l’ombre. À tort. « Variété...
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How five years in finance take their toll
What will five years in a financial services career do for your appearance? What will Deutsche Bank’s senior managing directors look like when they finally get their deferred bonuses in 2019? What will...
View ArticleCareer Crunch: Why you look weak on email, six-figure temp jobs
Take a moment on your weekend to catch up on the top stories on eFinancialCareers over the past seven days. The best (and worst) ways to sign off a work email “Ciao Ciao” not up there among the methods...
View ArticleFour banks that are recruiting in Asia and what this means for the job market
Banks are hiring in Hong Kong and Singapore right now; some are even shouting about it. A flurry of expansion announcements from banks over the past few weeks, presumably designed to coincide with the...
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