At some point in the not too distant future, Credit Suisse as we currently know it will cease to exist. In the coming restructuring, the capital markets and investment banking division will spin off under Michael Klein, a veteran US banker […]
LATEST NEWS
Banking HireVue interviews: everything you need to know
They’re not new by any means, but a lot of people still balk at the thought of a HireVue interview. The reputation of the digital interviews precedes them. There’s no human being, just an impersonal screen backed by an AI which will […]
JPMorgan wants to make its bankers and traders into engineers
Think you need to be a coding savant just to compete with software engineers these days? JPMorgan has other ideas. While everyone rushes to learn languages like Python and Java, becoming hyper-proficient at coding is a lot less necessary than in […]
I have a comfy life at J.P. Morgan working around 35 hours a week
I’m writing this for everyone at J.P. Morgan in London and New York City. I’d just like to say that I work for J.P. Morgan too and life is good. I don’t do your hours and I’m not badly paid. […]
“A generation of very average MDs in banks will be wiped out in London”
For most people in the UK, the removal of the EU cap on banking bonuses is a signal that bankers’ pay is being unleashed to levels last seen over a decade ago. “It feeds into a clear them-and-us narrative,” says Larry […]
Shocked by London, bored by Singapore, expats return to Hong Kong
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 […]
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 […]
Banks spied cutting juniors despite talent shortage
It’s not just Revolut that’s decided it can do without some of its juniors, we understand that some banks in the US have done the same. Both Jefferies and RBC Capital Markets have been spotted releasing analyst talent onto the […]
Goldman Sachs’ internships ended but interns don’t have offers
With summer in the Northern Hemisphere officially over on August 31st, summer internships in investment banks are firmly in the rear window. – Unless you interned in the investment banking division (IBD) at Goldman Sachs; Goldman’s ex-IBD interns still have summer very […]
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 […]
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