Working long hours as an analyst or associate in an investment bank has long been seen as a rite of passage: today’s senior staff did it when they were juniors, today’s juniors do it now, and when today’s junior staff are senior they’ll expect the same of […]
Who are the key employees at top U.S. investment banks? – The relationship managers who bring in business from corporates? – The fixed income traders, who drove last year’s huge increase in revenues and profits? – The risk managers who prevent everything from […]
I was in my mid-20s when I learnt burnout was a blessing in disguise. It’s a horrible, soul-sapping experience I wouldn’t wish on anyone. Ever. However, in hindsight it was almost necessary to teach me some valuable personal and professional […]
Yesterday was a bad day for Thomas Gottstein, CEO of Credit Suisse. Having taken the job last year and promised to move the bank to a “growth phase” in 2021, he’s now faced with a mini-financial crisis in the form […]
I began my career at Goldman Sachs. Like most people who get hired there, I was pretty excited and when I got the job offer I went shopping for a new suit. That was unfortunate: I was a young man with little taste. […]
Contrary to popular belief and contemporary memes, it’s never been easy to get a graduate job. There were always hoops to jump through. It’s just that the hoops have multiplied and have got more weird. As we reported earlier this […]
As Goldman Sachs grows its businesses in the European Union, the number of juniors it employs in Frankfurt and Paris is rising, and the firm appears to be running into some problems retaining them. Sources at Goldman Sachs in Frankfurt […]
Could bitcoin replace gold as a store of value? According to long-time cryptocurrency enthusiast Mike Novogratz, founder of Galaxy Digital, bitcoin, blockchain and decentralized finance are poised to disrupt the payment and financial services ecosystem. Goldman Sachs Asset Management’s Katie Koch, co-head […]
Microsoft’s new Herzliya campus in Israel is opening, as the future of office-based work is uncertain. The technology company says distinctive design features mean the building is prepared for the pandemic and beyond. These include a ‘flexible grid’ where offices […]
Barclays’ results for 2020 are out. The British bank appears to have done its very best to pay people well in its investment bank, even though profits at group level were pressured by writedowns against potential non-performing loans. The bonus pool across Barclays as a […]
