Morning Coffee: When a dud year is no barrier to a new 7 figure job....
Pimco is hiring. The house of Gross wants to recruit 16 ‘thematic equities’ investment specialists for its new equities business, which is run by French fund manager Virginie Maisonneuve. Today, Pimco...
View ArticleHow senior analysts are escaping the equity research bloodbath
The life of an investment banking equity researcher has been increasingly perilous since the financial crisis hit. Analyst numbers have halved to 9,000 since 2007, while the job itself – once...
View ArticleAngst, Ärger und Resignation: Was CFA-Kandidaten über die Examen berichten
Ein kurzer Blick in die Statistik belegt: Die Chancen auf einen Misserfolg liegen beim ersten der drei CFA-Level deutlich über den beiden folgenden. Und das, obgleich die Prüfungen zu den Leveln II und...
View ArticleU.K. insurance jobs stagnating in 2014, except here…
2014 isn’t proving a great year for jobs in the UK insurance market. Research by IMAS, the finance-focused corporate finance house, shows that the number of new insurance hires registered with the...
View ArticleFinancial executive compensation takes a turn for the better
If you’re a CFO, controller or VP of finance, the job market is looking as good as it has in years. Job openings and pay for non-banking finance executives are both on the rise. The average salary for...
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How to present your strategic ideas like a McKinsey consultant, James Gorman...
The Morgan Stanley 2014 U.S. Financials Conference is on. Yesterday, James Gorman – Morgan Stanley CEO and a former senior partner in McKinsey & Co’s financial services practice, elaborated his...
View Article“Burnout is like the subprime crisis – no one ever sees it coming”
‘Christine’ is a former trader-turned salesperson for a major investment bank. During the course of the financial crisis, she was exhausted by her interactions with a harsh manager. Here’s her account...
View ArticleWirehouse or insurer? It all depends what kind of salesperson you are
If you want to break into wealth management, you’ve got a few different options. You can work at a small independent brokerage firm or a large wirehouse like a Morgan Stanley and UBS. Or, as a third...
View ArticleNew RenCap MENA CEO outlines ambitious growth plans
Ahmed Badr, the newly-installed Dubai CEO and head of MENA equities at Renaissance Capital, knows a thing or two about surviving a crisis. Having joined Credit Suisse’s Middle East operation in April...
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Georges Chodron de Courcel (BNP) touchera plus de 330.000€ de retraite «...
La pression était montée d’un cran depuis le début du mois. La presse américaine avait fait entendre que les régulateurs voulaient voir tomber des têtes, et le nom de Georges Chodron de Courcel avait...
View ArticleThese are the sorts of people who are summer analysts at GS, JPM and Deutsche...
What kind of person gets to be a summer analyst (AKA ‘summer intern‘) at a top three investment bank? Evidently it’s someone a bit special – 98% of applicants for Goldman’s junior positions are...
View ArticleJPMorgan sharpening axe for investment banking cuts
The warning sounded loudly last week when trading volumes were calculated for the month of May. Market volatility was essentially non-existent – job cuts were inevitable. Morgan Stanley waited no...
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Coupe du Monde 2014 : Récap’ des prévisions des banquiers et des économistes
Les financiers ont toujours eu un faible pour le ballon rond. Au Brésil – l’« o pais do futebol » (le pays du football, en français), les traders se sont mis en mode pause. Les volumes échangés sur les...
View ArticleWelche Karrierewege von deutschen Unis zu Goldman Sachs und JP Morgan führen
Die US-Investmentbanken gelten als Crème der la Crème der Branche. Wer dort einen Praktikumsplatz findet, dem gelingt gewissermaßen ein Kickstart in die Karriere. Allerdings stellt dies von deutschen...
View ArticleThe worst paid jobs on Wall Street and in the City of London
Everyone knows that bankers are well paid. Not everyone knows that not everyone who works in banking is a ‘banker’ and that some people spend years working on Wall Street and in the City of London and...
View ArticleThe small firm providing refuge to banks’ commodities traders
Freepoint Commodities, the trading firm set up by former RBS Sempra employees, has been providing much needed opportunities to an increasing number of professionals fleeing investment banking. Jonathan...
View ArticleUnfortunately, World Cup hormones could play havoc with markets
Tonight’s the night. First there’s the opening ceremony, involving ‘Pitbull and Jennifer Lopez.’ Then there’s the first match, involving Brazil and Croatia. Then there’s another 64 matches spread over...
View ArticleThe Asian banking careers in which you are bound to be overworked
If you want a stable Asian banking career, look to job functions which remain comparatively free from front-office redundancies and back-office offshoring. Job security in Singapore and Hong Kong,...
View Article« Qui aime bien châtie bien »: comment aider son enfant à se lancer en finance ?
Un jour alors que je participais à un Forum Ecole sur les carrières, j’ai surpris un homme passant de stand en stand, posant aux recruteurs des questions tout aussi pertinentes que bien préparées. Il...
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Morning Coffee: Resigning BNP banker gets €330k annual pay-off. Risk...
The U.S. government has has its scalp from the BNP Paribas sanctions affair. As was widely reported yesterday, Georges Chodron de Courcel, one of BNP’s chief operating officers, has resigned. De...
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