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 […]
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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 […]
Twenty money-saving tips from bankers and their wives
If you want ways of saving money, an investment banker may not seem the best source of advice. Believe it or not, however, bankers are changing their spending habits as their bonuses shrink and become allocated over several years. Both […]
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. […]
24-year-old M&A bankers still horribly demanding
When UBS let go of a few equity capital markets (ECM) bankers last month, it wasn’t just senior staff who were cast adrift. The Swiss bank isn’t commenting, but sources say there are now clusters of former UBS ECM associates looking […]
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 […]
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