Fed Governor Jerome Powell spoke at an online forum on community banking but he will be taking questions fro the remainder of the hour. You can watch it here ->...
Do you want to work for a dyslexic, dyspraxic, easily-frustrated boss who doesn’t want you to have many opinions of your own, and requires that you’re available early in the morning, late at night and sometimes at weekends...
Global investment banks in Hong Kong are stepping up their hiring of students from local universities, but competition for graduate traineeships is stronger than ever and banks are increasingly selective about who they hire...
You won’t find many people out there that believe interviews are “fun,” particularly in banking or consulting. At best, they are an endurance test that you can derive some joy out of passing...
What technology should you bone up on if you want a job in an investment bank these days? When we asked this question 18 months ago, the answer was unquestionably Java, which had more than double the number of jobs than its nearest competing programming language...
In the latest hiring roundup, HSBC is recruiting heavily in the UK, JPMorgan is targeting a new region and Nomura pours money into its US investment bank, again. Nomura’s US hiring spree Nomura just hired 15 senior bankers within its investment bank in the Americas...
Aside from the brief ‘gold rush’ in 2008, as investment bankers flocked to Dubai to escape the financial crisis sweeping London and New York, the Middle East has struggled to maintain its allure to financial professionals...
If you’re a student and you want to work for Morgan Stanley, you’d better put in an impeccable application. As Morgan Stanley CEO James Gorman explained this summer, Morgan Stanley receives 90,000 applications for its summer analyst and associate programmes...
Are you a student who wants to work in finance? Now’s the time for you to hone your pitch. – Banks everywhere are accepting applications (we have a Singapore/Hong Kong deadlines timetable here and a London deadlines timetable here...
Barclays Plc (BARC) agreed to pay $20 million and cooperate with a group of Eurodollar-futures traders suing other banks, to settle litigation over manipulation of the benchmark London interbank offered rate. The accord, reached Oct...
Want to make your mark in M&A – or maybe restructuring, at a smallish house, possibly from the U.S., with a frontier-type attitude, preferably in the City? You’re in luck. Financial News says they’re cropping up like Cronut vendors in 2013. Firstly, Stephens Europe is expanding...
Despite pockets of hiring, Wall Street continues to hemorrhage jobs. But on the plus side, those who remain employed at New York banks still get paid handsomely. Over the 12 months ending in August, New York’s securities industry lost 2,600 jobs, according to New York Comptroller Thomas DiNapoli...
You want to work for a Swiss private bank. If pay is your priority, which one should you go for? Thanks to last month’s publication for the first time ever of the results for Pictet, Lombard Odier and Mirabaud, we now have some definitive answers on Swiss banking salaries...
Banks let them open accounts in your name. The Internal Revenue Service gives them your tax refund...
When you get beyond the money, being a trader at an investment bank is a bit of a slog. You have to get up early and you might lose your job to an electronic trading system...
Last time RBS announced its quarterly results, RBS’s traders got off comparatively lightly...
If you’re a student at university today and you want to get into banking, it’s time to apply. Most banks opened their analyst application processes weeks ago. Some are closing them again in the weeks to come...