The summer interns have arrived, and they’re back in the office. Yesterday, 505 interns started in JPMorgan’s EMEA offices. Last week, 550 interns started at Morgan Stanley in Asia. US banking interns began at the start of the month. As we’ve […]
Author: Jade
Deutsche Bank juniors still waiting for MDs on massive packages to quit
Things are looking up for Deutsche Bank. The first half of 2022 has been kind to its all-important fixed income sales and trading business. Its share price is down, but by far less than Credit Suisse’s. And it’s not being […]
This is how your pay should progress as a banker in your 20s and 30s
Pay progression in banking is a hot topic. Wall Street Oasis has a thread where financiers humble brag or complain about their full-year earnings since graduating college. There are those who’ve hit the million-dollar mark in investment banking just eleven […]
Je travaillais chez Goldman Sachs alors que je vivais une relation toxique. Voici ce les autres femmes doivent savoir
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 […]
Hedge fund Millennium made a big technology hire from Citi
As we reported last week, hedge fund Millennium Management is building out its technology team under CTO Vlad Torgovnik. Its latest big technology recruit is drawn from Citigroup. Leon Stiel, Citi’s global head of cross asset ETF technology, is joining Millennium in […]
A Hong Kong hedge fund is on a massive hiring spree
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 […]
Hedge fund Millennium’s hiring revealed in investor letter
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. […]
Under 34 year-olds in finance have no idea what’s coming
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 […]
JPMorgan’s developers would now like another pay rise
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 […]
U.S. banks are looking for a new kind of generalist in Hong Kong
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 […]