Eight things you should know about UBS and Deutsche’s Q2 results
Deutsche Bank and UBS have both reported their second quarter results this morning. Within their respective investment banks net revenues are down 1% (to €3.5bn) and up 2% (to CHF5bn) on the previous...
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Investmentbanking rettet UBS-Ergebnis: Bei den Vergütungen regiert indes der...
Die UBS konnte im zweiten Quartal ihren Vorsteuergewinn um 19 Prozent auf 1,2 Mrd. Euro steigern. Für den Geldsegen war ebenso wie bei der Deutschen Bank das Investmentbanking verantwortlich, das sein...
View Article“I retired from banking aged 37. Now I’m 40. This is how I would have...
What does it take to achieve the perfect banking career arc – in at 20, out by 40? And is this still possible? We spoke to Adam Knight, who’s done it. After graduating from Cambridge in 1996, Knight...
View ArticleLloyd Blankfein says you must be humble and neurotic to work at Goldman Sachs
Are Goldman Sachs jobs for bold, brash, corporate combatants? Or are they for neurotic, bearded-types who worry about the limits of their own knowledge. Try the second. Lloyd Blankfein just gave an...
View ArticleMeet the tool that may actually improve the work-life of junior bankers
Sure, they may be posturing a bit for a little PR love, but banks have been making concerted efforts to improve the work-life balance of its junior staffers. The initiatives have been met with minor...
View ArticleIntern diary: I asked for a letter of recommendation and was told to write it...
I’m spending this summer interning in the wealth management division of an investment bank in New York City. This is the second installment of weekly intern diary. So, this past week I asked my...
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The 70 private equity firms most likely to pay you carried interest
Before rushing across into the private equity sector, it’s worth considering which firms are likely to actually offer big pay packets. The big money in private equity is not the base salaries, nor is...
View ArticleThe expanding Aussie bank now boosting its hiring in Hong Kong and Singapore
ANZ has been expanding in Asia since 2008, but this year the Australian bank is hiring in Hong Kong and Singapore with renewed vigour and has upped its poaching of staff from larger rivals, especially...
View ArticleÉchec ou réussite au CFA : Et après ? Les bonnes stratégies à adopter
Près de 2 mois après l’examen CFA, les résultats viennent enfin de tomber. Quel que soit le verdict, faut-il faire une pause ou enchaîner à nouveau sur les révisions pour repasser le niveau 1 ou...
View ArticleEx-Praktikanten berichten, wie sie ihren Karrierestart bei Goldman Sachs...
Wer sich tatsächlich ein Sommerpraktikum bei Goldman Sachs sichern konnten, der hat den Berufseinstieg ins Banking schon fast geschafft. So haben beispielsweise 70 Prozent der Praktikanten in der...
View ArticleMorning Coffee: Is JPMorgan letting go of the wrong people? How Goldman...
JPMorgan is cutting costs and making redundancies. The trading business is at the forefront of all the cutting and chopping. In the first half of 2014, fixed income sales and trading revenues at the...
View ArticleAsset managers bemoan the investment banker ‘invasion’
The investment bankers are coming. As more make the move across to the buy-side, the dominant and aggressive personality types who have typically found a happy home on the sell-side are shaking up the...
View ArticleWhat life is really like for a rookie Wall Street trader
While being a rookie in any industry is tough, learning on the job as a trader is likely more stress-inducing than other career paths. And that’s if you can get through the interview process, which is...
View ArticleThese are the people losing their jobs from Barclays investment bank now
Barclays jobs are disappearing, especially in the investment bank. When Barclays results were announced today, the bank accidentally-on-purpose omitted to say how many people it now employs in its...
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Wo Asset Manager das große Geld verdienen
Bei den meisten Banken rangieren Asset Manager in der Nahrungskette unterhalb der Investmentbanker. Doch dies stellt keine natürliche Ordnung dar. Dass es auch anders geht, beweist die Zürcher Bank...
View ArticleHow to get a commodities trading job at BP
When you think of BP jobs, you probably don’t think of commodities trading. The global petroleum company employs a massive 83,900 people, most of them in its core business of petroleum exploration,...
View ArticleWhat to do with your finance career after you leave a Chinese bank in Hong Kong
If you’re thinking of leaving a Chinese bank in Hong Kong to join an international firm in the city, you stand a much better chance of moving if you work in the front office. Chinese banks are among...
View ArticleMorning Coffee: What the new banking bonus bashing means really. JPMorgan’s...
Bashing banking bonuses is back in vogue. It’s been a bit more than a year now since the European Union’s roster of CRD IV legislation restricting bonuses as a proportion of total compensation came...
View ArticleDie acht peinlichsten Interviewfehler
Bei Vorstellungsgesprächen entscheiden sich in nur wenigen Minuten ganze Karrieren. Kein Wunder, dass sich jeder hier von seiner Schokoladenseite zeigen möchte. Wenn dann doch etwas schiefläuft, ist...
View ArticleAu moins trois raisons de se réjouir à la vue des résultats de BNP Paribas
À première vue, une perte nette de 4,3 mds d’euros fait désordre dans n’importe quel résultat trimestriel bancaire. Cependant l’accident de parcours de BNP Paribas avait été largement anticipé depuis...
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