It’s a new season in Hong Kong. The scrapping of quarantine rules for locally based airline staff in Hong Kong on September 10 comes as expats bankers are returning to the city. Hong Kong’s draconian Covid 19 rules prompted thousands […]
Author: Jade
London bankers liberated from work for Queen’s funeral
It wouldn’t be a Bank Holiday if bankers were at work today. In London, most banks have given staff the day off for the funeral of Queen Elizabeth II, even though – strictly speaking – they don’t have to. London […]
23 year-old Goldman Sachs bankers on $200k quit prematurely
With end of summer vibes circulating after the long weekend in London and ahead of Labor Day in the US, there’s restlessness in investment banks. Private equity firms are said to be interviewing new analysts who’ve barely hit the desks and analysts […]
The elite students and no-hopers of Goldman and JP Morgan
If you had been wondering what the balance between fear and greed was among young people today, the statistics on graduate applications to investment banks might shed some light. On the one hand, since this time last year the banks […]
“I never tell my friends and family how much I earn in finance”
I’m a portfolio manager with a long only investment fund. My parents are first generation immigrants to the UK. My father worked in a factory; my mother was a housewife. No one in my family went to university, nor did […]
Banking interns discover MDs are normal humans
It’s become a bit of a cliché if you’re a junior banker to look around at the senior staff above you, to evaluate their joie de vivre, and to then declare that you don’t want to turn out like them and […]
JPMorgan hired a top technologist to head AR and VR research
JPMorgan is in the metaverse. One day soon, an augmented reality version of Jamie Dimon could manifest itself in your front room. The US investment bank has hired Blair MacIntyre, a professor at the Georgia Institute of Technology as a managing […]
Some Morgan Stanley analysts seem pretty upset with bonuses
It’s bonus day for analysts at Morgan Stanley and things don’t seem to have turned out as expected. This year’s payouts appear to be considerably lower than hoped. Morgan Stanley didn’t immediately comment on the generosity (or not) of its […]
Blackstone is on track to pay nearly $1.6m per head for 2022
It’s not easy to get a job at Blackstone. Last year, the fund received 29,000 applications for 103 junior (analyst) positions – an acceptance rate of 0.4%. Unusually high pay is the main attraction. Blackstone announced its second quarter results today. They […]
Millennium is amassing big beasts of hedge fund tech in Miami
It’s not just Ken Griffin who’s hiring in Miami. Millennium Management, the hedge fund founded by Izzy Englander is also building out its Miami technology hub, and is massing some of its most senior engineering staff in Florida in the process. […]
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