The health of China’s real estate sector is in the spotlight with reports property giant Evergrande could default on its $300bn debt pile, and that the private banking arms of Credit Suisse and Citibank are no longer accepting the bonds […]
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“I’ve been shocked by the hours in my trading internship”
I’ve spent this summer as an intern on the trading floor at a major U.S. bank in London. As I wrote before, it hasn’t been a very pleasant experience culturally. I am also exhausted due to the hours. Everyone complains about […]
Why finance recruiters don’t respond to your applications
Why don’t financial services recruiters respond when you apply for jobs? The populist response to this common question usually involves some recruiter bashing, but I’d like to provide a different and more balanced perspective (if not a full-blooded case for […]
Bankers earning $1m have been leaving London
Over the last couple of years there have been plenty of anecdotes about high paid front office staff leaving London to move to Frankfurt and Paris as a result of Brexit, but hard data is always difficult to come by. […]
Goldman Sachs’ London bankers get a special additional treat
Once upon a time, people working for Goldman Sachs’ new office in London ate their food in a large room looking a bit like a cross between a school assembly hall and a conference venue, where there was sometimes an aroma of […]
Les nouveaux salaires chez Goldman Sachs
Goldman Sachs a fini par céder. De nombreux articles font état des augmentations de salaire de la banque en faveur de ses juniors, dans le sillage de celles intervenues dans les autres banques au cours des derniers mois. Comme le […]
Algo trader who invented a coding language gets all the best jobs
If you’re an algorithmic trader, and you’re interested in breaking out of algo trading and working for, say, Amazon or Facebook, Jason Tatton appears to have the answer: you just need to invent your own coding language. Tatton is the ex-JPMorgan […]
Forget investment banks, students should apply to the Big Four
Do you want to work for the Big Four, or do you want to work for an investment bank? Goldman Sachs only hires 3% of all applicants. So does Morgan Stanley. All the Big Four accounting firms only let a […]
Study suggests male bankers benefit from smoking and drinking
A new study* confirms that has long been suspected: men in banking are disproportionately promoted because they hang around with other more senior men in social spaces. Undertaken by Zoë B. Cullen and Ricardo Perez-Trugli at Harvard Business School and the […]
Citadel toujours en plein recrutement pour son bureau parisien
Maintenant que Paris est devenu le lieu de prédilection du secteur bancaire, rappelons tout de même qu’il n’est pas nécessaire d’y travailler pour Goldman Sachs ou JPMorgan, qui augmentent leurs effectifs dans la capitale. Il y a toujours Citadel et […]
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