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 […]
Why work in banking when you could work in fintech and why work in fintech when you could work for the organizations funding the fintechs? This was Apollo’s pitch to potential employees during its investor day this week. – “Not a […]
How much would you earn if you left banking and joined Boston Consulting Group in London? And how high would your salary be if you stayed long enough to make partner? Accounts filed by The Boston Consulting Group LLP in London suggest the consultancy […]
In any normal year, Goldman Sachs would be preparing to make its annual 5% cuts to headcount now. However, this is not a normal year: it’s 2021 and Goldman’s standard cuts probably aren’t happening. Goldman declined to comment on its plans, […]
So you think you want to work in an investment bank? That’s nice. But do you really? Yes, you want the money, but do you have the faintest flicker of an idea what you’re actually signing up to here? You […]
The end of the pandemic, when it comes, will only be identifiable in retrospect. But perhaps one sign that we are reaching the beginning of the “back to normal” period must be that once more, David Solomon is playing live […]
The health of China’s real estate sector is in the spotlight with reports property giant Evergrande could default on its $300bn debt pile, and that the private banking arms of Credit Suisse and Citibank are no longer accepting the bonds […]
I’ve spent this summer as an intern on the trading floor at a major U.S. bank in London. As I wrote before, it hasn’t been a very pleasant experience culturally. I am also exhausted due to the hours. Everyone complains about […]
Why don’t financial services recruiters respond when you apply for jobs? The populist response to this common question usually involves some recruiter bashing, but I’d like to provide a different and more balanced perspective (if not a full-blooded case for […]
Over the last couple of years there have been plenty of anecdotes about high paid front office staff leaving London to move to Frankfurt and Paris as a result of Brexit, but hard data is always difficult to come by. […]
Once upon a time, people working for Goldman Sachs’ new office in London ate their food in a large room looking a bit like a cross between a school assembly hall and a conference venue, where there was sometimes an aroma of […]
