In February 2014, London’s Underground was partially shut down by a strike that forced many commuters to find new ways to get to work. The disruption lasted just 48 hours, but when three economists (Shaun Larcom, Ferdinand Rauch and Tim […]
What a difference a couple of weeks makes. In mid-December, I asked a collection of wise guests on my BBC radio programme How to Vaccinate the World about the importance of second doses. At that stage, Scott Gottlieb, former head of […]
Here’s a holiday quiz question for you: what do puzzles, poker, and misinformation have in common? The answer is at the bottom of this column. Let’s try an easier question first. In Santa’s workshop, if it takes five elves five […]
Tom Kelley is a sensitive soul. Shortly after sending the manuscript of his first book, The Art of Innovation, to his publisher, he visited Kepler’s, his local bookshop in Menlo Park in Silicon Valley. “I literally started to cry,” he confessed […]
One consequence of working from home is that mistakes are made. People miss messages; spinning plates fall to the ground; the falcon cannot hear the falconer; a New Yorker journalist broadcasts his genitals to everyone else on a Zoom call. […]
Pinkies up, folks. The best bars in Beverly Hills are glitzy, glamorous and—let’s be honest—probably in a hotel. Welcome to the 90210, a neighborhood where steakhouses and swanky Italian restaurants abound. But cocktail bars? They’re few and far between. If you’re looking for a great […]
That isn’t your Postmates delivery at the door—it’s a towering rabbit with a mustache and a boombox and paisley ears, and it’s here to sing you a song. One person’s singing telegram is another’s nightmare fuel, or some combination thereof this […]
Finance is an industry with long hours, where unexpected termination is rife. To survive, most people abide by the moto: work hard, party hard (and sometimes harder). Junior bankers in particular have mastered the art. I’ve seen people who’ve had very little sleep during […]
Si vous aspirez à travailler pour Goldman Sachs, ne vous attendez pas nécessairement à porter un costume. Aujourd’hui, vous y croiserez davantage de banquiers portant un pantalon en coton plutôt qu’une paire de mocassins Ferragamo et des chemises avec leurs initiales brodées sur les manches. Ainsi, seulement […]
1- Mangez un petit-déjeuner israélien Commencez votre journée à Tel-Aviv par un petit-déjeuner chez Manta Ray, à deux pas de la mer. Les locaux viennent ici pour l’incroyable mezzé fait maison, qui se compose d’une sélection de salades israéliennes. Mais aussi pour […]
Moving towards a low-emission global economy will create tens of millions of new ‘green jobs’ across sectors including shipping. The renewable energy industry alone is projected to generate 38.2 million jobs by 2030. The effects of the green transition on […]
Today’s the day at Goldman Sachs and JPMorgan. JPMorgan announced US bonuses yesterday and is announcing EMEA and APAC bonuses today. Goldman Sachs is announcing bonuses globally around now. At JPMorgan, US sources say bonuses in sales and trading were […]
If you’re a banker or trader who’s lost your job in the past few months, you might feel apprehensive about the future. Thousands of people have been let go from banks since October. Thousands more are expected to go by […]
JPMorgan’s fourth quarter results are out, and if you’re a fixed income trader they look pretty good. Revenues from fixed income currencies and commodities trading (FICC) at the bank were up 10% year-on-year in 2022 and 12% year-on-year in the […]
Are you a young, environmentally conscious, young financer? Want to make your career decisions based on your contributions (or rather, your lack of contribution) to *checks notes* the fossil fuel life cycle? Welcome to the banking climate change hall of […]
When Palantir went public in 2020, many were eager to see more light shed on the elusive data company. However, since the launch, the price peaked and troughed for a few years before massively falling at the start of 2022 […]
Danger looms in 2023, but that doesn’t mean there isn’t anything to look forward to, either. The 1,500 of you who responded to our survey answered questions about your bonus expectations, job security fears, and even your inflation worries. But these […]
Bonuses for mergers and acquisitions and capital markets staff in Hong Kong are expected to fall by at least 50% this year, and some could end up with nothing following a freeze in stock market listings. Reports said that Morgan […]
It’s easy to say what you are doing, it’s a bit harder to say what you need to be doing, and it’s even harder to actually do it. When it comes to ESG, banks should be advising companies on the […]
When Citadel and Citadel Securities hire, they like to hire people who have “demonstrated a commitment to excellence,” in the words of Matt Mitro, the two firms’ joint head of graduate recruitment. That excellence doesn’t necessary have to be in […]
