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. […]
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Scammers’ Delight
Cybercriminals seldom rest, always looking for vulnerabilities to exploit—and now they’re increasingly targeting private commercial transactions in what’s known as a business email compromise attack (BEC). In such a breach, a cybercriminal infiltrates a company’s email system and poses as […]
Voici la règle des 5 heures qui a permis à Bill Gates et Elon Musk de devenir riche
Vous voulez avoir autant de succès que le PDG de Tesla, le créateur de Microsoft ou le milliardaire Jack Ma ? Voici la règle à suivre. La règle des 5 heures est le principe de base qui, selon certains des […]
Bonus rivalry in Hong Kong as Chinese and US banks offer bumper payments
Mainland banks in Hong Kong remain competitive in the bonus stakes even as US firms pay bumper Asian bonuses for 2020. As we reported last week, Asian revenues at Morgan Stanley, Goldman Sachs, JP Morgan, and Citi (within its Institutional […]
“Lessons learned from the night shift at Lazard in New York”
Back in the early days of the millennium, shortly after the internet bubble burst and before 9/11, I took a job at a French investment bank. I worked the night shift as a project assistant for Lazard Frères at their […]
The pay at Jane Street last year was enormous
If you’re a quant trader or a financial services technologist nowadays, you will probably have heard of Jane Street. You may also want to work there. Many try. Few succeed: the company says only a “small percentage” of applicants are accepted for […]
Asian bankers face tricky video interviews after Chinese New Year
Hong Kong and Singapore banking professionals looking for new jobs in the post-bonus hiring season will face an additional challenge: interviews via video conference. Even as some staff have returned to the office in the two Asian financial centres, banks […]
Women’s Career Trajectories Can Be a Model for an Aging Workforce
Summary. Especially as life spans and careers get longer, we hear more about careers with two phases: A steady, effortful climb upward towards commercial success, and then a second phase dedicated to service to others. But for many women, the […]
Winners and losers in a “brutal” bonus season
Good years in banking are usually good for everyone, and bad years are usually bad for everyone, but every now and then you get a year like 2020, which looked like it ought to have been great, but which came […]
Leaked email suggests Big Four employees work longer hours than bankers
If you work for a Big Four professional services firm you’ll earn a lot less money than if you work in the front office of an investment bank. That’s fair: the deal is that you’re supposed to work shorter hours at the Big Four. However, this deal may […]