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 […]
Avant de rencontrer mon ex, j’ai cru à de nombreux mythes sur la violence domestique, et ces mythes ont joué un rôle dans mon échec à l’identifier. Voici ce que j’ai retenu de l’expérience. La réussite n’est pas un rempart […]
If you want ways of saving money, an investment banker may not seem the best source of advice. Believe it or not, however, bankers are changing their spending habits as their bonuses shrink and become allocated over several years. Both […]
A Hong Kong-headquartered hedge fund is on the lookout for fresh local talent and is also plotting global expansion. Infini, a multi-strategy head fund, is looking to hire at least ten portfolio managers in Hong Kong and has recruited a […]
Millennium, the multi-strategy hedge fund run by Izzy Englander, is still on a hiring drive. The fund’s recent investor letter, issued in February 2022 but with many details unreported until now, reveals that last year was another year of growth. […]
When UBS let go of a few equity capital markets (ECM) bankers last month, it wasn’t just senior staff who were cast adrift. The Swiss bank isn’t commenting, but sources say there are now clusters of former UBS ECM associates looking […]
We’ve been here before. It’s something of a trope that whenever things turn bad in the markets, some wisecrack points out that an entire generation have been fed on a diet of milk and honey and has no idea what […]
As pressure for salary increases rises in conjunction with inflation, one cluster of banking employees is shaking the stick for another pay rise with more rambunctiousness than the rest: mid-ranking developers at JPMorgan think they’re due a little extra. “We […]
As anyone with experience of the hedge fund industry will tell you, one of the biggest signs of impending trouble for a portfolio manager is “thesis drift” – the phenomenon where the investments stay the same, but the reason for […]
US banks are on the hunt for bankers to lead advisory teams specialising in environmental, social and governance (ESG) as they play catch up with European peers. US banks want senior bankers with ESG expertise, with at least one big […]
Je travaille dans une grande banque américaine à Paris et le harcèlement permanent de mes collègues fait de ma vie un calvaire. Je suis dans cette banque depuis de vingt ans, et j’ai d’abord été en poste à Londres. J’ai […]
