RBS results: What do they really say about RBS bankers’ jobs and pay?
Employees in RBS’s investment banking unit have gone down in the world. Once they accounted for the bulk of group profits, as of today it seems that what remains of the investment bank accounts for...
View ArticleThe perfect trader: cold and compassionless?
Successful traders tend to have very particular personalities. Good ones are compulsive, methodical, intelligent contrarians. Being a great trader, though, that requires you to leave your heart and...
View ArticleFear grips senior investment bankers, who refuse to budge
The investment banking hierarchical pyramid is not so much inversed as it is fast-becoming a pentagon. Junior bankers are being brought in at an ever-more rapid rate, and yet those in the senior ranks...
View ArticleAre you too paranoid to report mistakes on the trading floor?
Big blow outs start in small ways. Kweku Adoboli made a $400k loss on a trade in October 2008, which he opted to hide rather than to tell his manager about. Nick Leeson started out hiding his small...
View ArticleWieso immer mehr erfahrene Banker an ihrem Stuhl festkleben
In den Personalpyramiden der Investmentbanken ist so einiges durcheinander geraten. So wollen die Banken weiter Nachwuchskräfte einstellen und gleichzeitig die Mitarbeiterzahl zusammenstreichen – kein...
View ArticleThe biggest losers in the investment banking culture shake-up
Banking jobs in the US are growing again. True, we’re not even half way back to the pre-2008 slump, but for the first time in a long time banks are adding to their ranks in several areas. But if you...
View ArticleCareer Crunch: Hot banking jobs for the second half, the low-down on Credit...
It’s reporting season for investment banks, with Credit Suisse the latest firm to unveil its Q2 results. We also cover career dilemmas for bankers created thanks to the EU bonus cap and where the...
View ArticleOverworked Asian compliance pros turn backs on banking careers
On the face of it, compliance looks like one of the best, or at least most stable, careers in the Asian banking sector. Constant regulatory change is creating vacancies almost regardless of market...
View ArticleShock as commodities hedge fund performs reasonably well
Commodities hedge funds have not being doing well lately. Clive Capital shut its doors last year, so did Higgs Capital, Arbalet Capital and Schroders’ Opus commodities fund. Armajaro Asset Management,...
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Où les banquiers d’investissement seniors sont-ils les mieux payés ?
L’auriez-vous cru : les banquiers d’investissement seniors à Francfort gagnent mieux leur vie que leurs confrères londoniens. En tout cas, de manière très marginale, nous apprend une récente étude....
View ArticleGASTBEITRAG: Bestanden oder nicht? Tipps für CFA-Kandidaten
Die Spannung steigt: Die Ergebnisse der Prüfungen zum CFA Level I werden am morgigen Dienstag (29. Juli) erwartet. Wie immer dürfte die Erfolgsquote bescheiden ausfallen. Üblicherweise schaffen es...
View ArticleFormer Goldman Sachs interns reflect upon where it all went wrong
If you complete a summer internship at Goldman Sachs, you’ll probably get a job offer at the end of it. Over the past four years, the firm has converted around 70% of the interns in its popular...
View ArticleAlle wollen Associates: Personalmangel im Investmentbanking
Im Frontoffice der Investmentbanken ist die Arbeitsplatzsituation immer noch prekär. Dies gilt jedoch nicht für Senior Analysts und Associates. „Das ist nicht zu vergleichen mit der Situation von vor...
View ArticlePass or fail the CFA level I, this is what you should be doing next
The results of the CFA level I are due to be released tomorrow. As ever, expect the pass rate to be relatively low – 38% typically make it through the June exams, rising to a (slightly) more...
View ArticleEvercore needs fresh MDs, Deutsche Bank hiring on both sides of the pond
In the latest hiring roundup, Deutsche Bank sets a massive hiring goal, Cantor Fitzgerald looks to grow its investment bank and Evercore needs more grey hairs. Evercore hiring MDs for advisory Evercore...
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Le job financier très bien payé et permettant une vie personnelle épanouie
La vie des employés de l’industrie financière n’est pas une sinécure, entre les heures à n’en plus finir et le risque accru de burnout, en passant par les violences psychologiques. Au point que...
View Article1 thing about the Lloyds LIBOR fine that should terrify traders everywhere
Just when you thought that LIBOR had gone away and regulators were focusing on banks’ alleged efforts at manipulating the silver fix instead, LIBOR is back. Lloyds is paying £218m in fines, including...
View ArticleFrom private jets to private banking: exciting career changes in Chinese...
Financial services employers in mainland China are a fairly flexible lot when it comes to recruitment. Liberalisation in Chinese financial services is creating new, more specialised jobs – in both...
View ArticleMorning Coffee: Morgan Stanley juniors have been feeling underpaid,...
Times are tough for junior-to-mid-ranking bankers in London and New York. Despite earning enough to be considered rich by most people’s standards, associates and vice presidents in investment banks –...
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Von sprudelnden Gewinnen im Investmentbanking der Deutschen Bank bekommen...
Um 16 Prozent auf 917 Mio. Euro konnte die Deutsche Bank ihren Vorsteuergewinn im zweiten Quartal gegenüber dem Vorjahreszeitraum steigern, wie aus den am heutigen Dienstag (29. Juli) vorgelegten...
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