JPMorgan is laying London people off. Who knew? We didn’t, although maybe we should have given that the US bank declared its intention to make investment banking cost savings back in July. Three months ago, the talk at JPM was all of cutting technology and support staff...
Is Hong Kong as appealing a destination for expat bankers at it used to be? Finance staff arriving for work in Hong Kong today came face to face with pro-democracy protesters after a weekend of rioting. The protesters spent the weekend blockading roads...
You’ve applied for a banking job via a recruitment agency in Singapore or Hong Kong and your CV and covering letter are spot-on...
Where is Goldman Sachs hiring? If you’ve been paying attention to presentations by CEO Lloyd Blankfein and COO Gary Cohn, you’ll already know the answer: Goldman Sachs is hiring in ‘high value locations.’ Where are these high value locations? Try Salt Lake City. But more than that, try Bangalore...
If you’re an elite person looking for an elite career, you will probably have considered a career in investment banking. But you may also have weighed-up a career in strategy consulting. Banking and strategy consulting both pay well...
If you’re looking for a banking job in Singapore, you may want to consider applying to Mizuho. The Japanese bank has announced in local media that it will be increasing its 600-strong Singaporean headcount by 50%, taking on another 300 people in the next three to five years...
Not long ago, JPMorgan’s analysts issued a note. In it, they said that fixed income sales and trading revenues across all banks are likely to fall by 3% this year and by 3% next year. They also suggested that Morgan Stanley’s restructuring of its fixed income business was looking pretty good...
Traders don’t want to work for Goldman Sachs any more. This isn’t a statement of fact, but it’s a fair supposition based upon the facts: Goldman traders keep leaving for hedge funds...
Andrea Orcel is shaking up UBS. As Financial News noted last week. UBS has been hiring all sorts of new senior investment bankers this year (eg. Ian Carnegie Brown, Nick Reid, Giles Borten, Glenn Rewick) as Orcel ‘hot rods’ the investment bank for better performance...
It’s a little ironic that the UK has been so quick to bash its bankers when the financial services sector is such a prominent part of the country’s economy...
Are you a mid-level investment banker frustrated about your inability to get ahead? Are you also frustrated about your inability to live in London on less than £250k? Solve both problems at once: go and work for Nomura...
The QS World University rankings are out. In the British press, there’s excitement over the fact that four of the all-round top six universities are based in the UK...
As we’ve noted before, HSBC’s foreign exchange traders seem to be among some of the best in the industry...
If you’re looking for a banking job in Singapore or Hong Kong you may well be asking recruitment agencies in those cities to help you in your search...
Technology is increasingly a central function in any large investment bank and recruitment of developers, architects and project managers continues even as most firms cut back from the front office. These are the key people to know in investment banking technology currently...
On July 22, the US House of Representatives passed the Hezbollah International Financing Prevention Act to prevent Hezbollah — classified as a terrorist organization since 1995 — from gaining access to international financial institutions...
The Bank of America has hired Sascha Szyfman as the Area Vice President in its Global Technology and Operations division. Previously, Szyfman worked for three years at FXDD, based in New York...
Deutsche Bank faces an array of investigations that ranges from allegations of manipulating the Libor benchmark rate to unfairly favoring some investors in so-called dark pools and has already paid more than 5 billion euros over the past two years in settlements and fines...
Leaders of the five BRICS nations agreed on the structure of a $50 billion development bank by granting China its headquarters and India its first rotating presidency. Brazil, Russia and South Africa were given posts or units in the new bank...
The group of emerging economies have signed a contract to create the $100 bn BRICS Development Bank and a reserve currency pool worth over another $100 bn. Both will counter the influence of Western-based lending institutions and the dollar...
