COVID-19 has highlighted society’s reliance on digital connectivity, whilst exposing the access inequalities of developing countries. The tech industry is uniquely positioned to broaden digital access through 5G cloud-based storage solutions which could significantly lower the cost of devices. The […]
Author: Célie
Agile in banking: still less common than you might think
Discussions of Agile in banking seem very 2019: these days agile development is a given and the supposition is that banks are using it to move onto the public cloud and push into areas like artificial intelligence. This is mistake. In […]
How to get a job at hedge fund Millennium
If you’re trying to get a job at hedge fund Millennium Management, prepare to fail. As might be expected, getting into the fund is challenging. The latest investor letter from Millennium founder Izzy Englander clarifies precisely how challenging it is. “We hire roughly […]
Evercore’s secret appeal: pay last year averaged $755k per person
It’s not easy to get into Evercore. The boutique M&A firm has some of the hardest interviews in banking, according to Wall Street Oasis. The implication is that Evercore is in no hurry to offer its jobs to any old body. […]
Help! I’m deciding whether to work in mainland China, or work in Hong Kong
I’m graduating next year with a finance degree from the University of Hong Kong, but I haven’t yet secured a job offer, despite having good grades and two internships under my belt. I’d like to work in private wealth or […]
McKinsey & Co. suggests traders are still a dying breed
If you’re looking for confirmation that 2020 has been an exceptional year for some people in the front office of major investment banks, strategy consulting firm McKinsey & Co, has just provided it. However, if you’re hoping that this excellent year will […]
Blackstone won’t be hiring junior bankers
If we had to name the strangest personnel practice in financial services, it would probably be the private equity industry’s habit of recruiting its employees from investment banks, and doing so at earlier and earlier points in their career. Instead […]
A chart for students who want to work in capital markets roles
If you’re a student who’s interested in working in a capital markets job and you’re in the earliest stages of wondering precisely what capital markets are and why you might want to work in them, a new report from BNP Paribas and ThinkTank New […]
Email asking why junior bankers weren’t working at 3am goes viral
As we’ve said here often, working from home as a junior investment banker isn’t the kind of cake walk that might’ve been hoped for. Juniors are often living with parents and parents are so aghast at the mad hours kept […]
JPMorgan, Goldman Sachs, Point72 consider remote graduate programs
2020 is not shaping up as a good year in which to launch yourself onto the job market. Nor does it look like the sort of year you might want to be doing a summer internship in preparation for starting […]