Suddenly, there’s demand for people who’ve been out of the market since 2008
Six years is a long time to be twiddling your thumbs. When you’ve been out of the market for that long, you might think the time has come for a complete change of career. Right now, however, we’re...
View ArticleJoanna Lumley’s lessons for the ladies of Deutsche Bank
When you’re casting around for a role model for female bankers, Joanna Lumley is not the obvious choice. Firstly, she’s never worked in a bank. Secondly, she’s conceptually inseparable from the louche...
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Wie Boni von 250.000, 500.000 und 1 Mio. Dollar bei Goldman Sachs...
Seit der Finanzkrise muss die Auszahlung von Boni an den langfristigen Geschäftserfolg der Bank gebunden sein. Somit wurden von den Regulierungsbehörden rund um den Globus und von den einzelnen...
View ArticleThe average hedge funder likely made a lot more than you last year
There are plenty of good reasons to want to work for a hedge fund. It’s exciting, the hours aren’t as brutal as they are on the sell-side and the job comes with a host of sweet perks. Of course none of...
View ArticleFrom hedge fund trader, to David Beckham’s rival, to interior design
Until 2012, Alessandro Butini was Chris Hohn’s right-hand man at the Children’s Investment Fund Management as a partner and senior trader generating ideas and “trading colours” for the founding partner...
View ArticleConnecticut businesses putting banking days behind them
Once deemed Royal Bank of Scotland’s ‘Shining Star‘, the firm’s U.S. headquarters in Stamford, Connecticut, home to one of the world’s largest trading floors, will soon look more like a black hole....
View ArticleHow desperate must you be to accept a job in a bank’s ‘non-core’ unit?
These days, a bank is not often a bank unless it has a non-core unit of assets it wants to wind down. What started as a localized phenomenon at banks like RBS and Citi has spread to UBS, Deutsche and...
View ArticleAffaire BNP Paribas : quelles implications pour les employés du groupe ?
« No way ». Voilà la réponse de Barack Obama à la demande de François Hollande d’intervenir dans l’affaire BNP Paribas en faveur d’une réduction de l’amende record qui pourrait être infligée à la...
View ArticleRise of the quants at Goldman Sachs
In investment banking technology, the suits rule. With IT budgets running into hundreds of millions, how technology will impact the bottom line is an executive concern and the core developers and...
View ArticleSpanier und Franzosen greifen nach Commerzbank: Was kommt auf die Mitarbeiter...
Die Spekulationen um den Einstieg eines ausländischen Bankenriesen bei der Commerzbank erhalten neue Nahrung. Laut Medienberichten prüfen die spanische Santander und die französische Socíeté Générale...
View Article“I was managing a $100m hedge fund, and then I became an alcoholic. Is my...
“I’m a prop trader. I have around nine years’ experience of managing small absolute funds worth between $80m and $100m and I can say – with some degree of pride – that the funds I managed never had a...
View ArticlePutrid month predicting massive trading cuts on Wall Street
Trading volumes are way down and layoffs will soon ensue. We know this – but it may be much worse than we all thought. Two separate reports in the Wall Street Journal paint a bleak picture for the...
View ArticleGASTBEITRAG: Wie ich als Hedgefondsmanager dem Alkohol verfiel
„Ich bin Eigenhändler. Ich besitze neun Jahre Erfahrung im Management eines Fonds von 80 bis 100 Mio. Dollar und ich kann schon mit ein wenig Stolz von mir behaupten, dass der von mir gemanagte Fonds...
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What McKinsey consultants think they can teach bankers
There are things that strategy consultants know and the rest of the world doesn’t. If you’re in any doubt as to the truth of this statement, check out this post on Quora by an ex-McKinsey consultant...
View ArticleInvestment bankers writing novels about murdering investment bankers
Investment bankers turning their hand to fiction have invariably stuck to what they know and set their stories within the financial sector. However, in a bid to bolster sales and get the populist vote,...
View ArticleIs Christian Bittar’s sudden $17m personal fine fair?
Pity Christian Bittar. The trader, formerly a Deutsche Bank managing director and head of the German bank’s money markets and interest rates derivatives group, is being personally fined $17m (£10m) by...
View ArticleFinanzaufsicht verdonnert ehemaligen Deutsche Bank-Trader zu 12 Mio. Euro Buße
Christian Bittar muss demnächst wohl tief in die Tasche greifen – und zwar ganz tief. Denn die britische Finanzaufsicht FCA will den ehemaligen Spitzentrader der Deutschen Bank mit einer Buße von 10...
View ArticleThe banks to work for if you’re a woman with executive hopes
Sallie Krawcheck is quite literally putting her money where her mouth is. The former Bank of America executive, who has gone on record many times bashing Wall Street for its lack of gender diversity in...
View ArticleCareer Crunch: Where the big investment banks are hiring, avoiding hackneyed...
It’s the CFA exams this weekend, so check out our series of advice articles if you want some last-minute prep. Elsewhere, you may want to know where the large investment banks are focusing their...
View ArticleThe Australian finance job where demand for staff has surged by 72%
If you’re an operational risk professional in Australia, now is a good time to ask for a pay rise or promotion. Alternatively, simply wait for a new employer to headhunt you and then consider pushing...
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