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 […]
Tag: Bankers
France needs more bankers, but bankers want to work in Milan instead
Paris is thriving as a financial centre post-Brexit, but some bankers and traders working in the French capital are not entirely happy there. Their preference is to work in Milan. Barclays is the latest bank to increase its commitment to […]
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 […]
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 […]
Senior bankers’ WFH “rebirth” cut short by needy juniors
As anyone with experience of the hedge fund industry will tell you, one of the biggest signs of impending trouble for a portfolio manager is “thesis drift” – the phenomenon where the investments stay the same, but the reason for […]
Women in banking: “Male bankers get all the top jobs”
I’ve worked in a markets role in investment banking for over 20 years, mostly in Europe. I have excellent product knowledge, a strong client list, and proof of consistent P&L generation. In theory, it should be easy for me to […]
JPMorgan & Goldman bankers quitting for $2m jobs in Europe
Good news for young European bankers who want to leave for private equity. Despite the brutal war on Europe’s eastern fringes, private equity activity on the west of the continent is unabated. And one of the most storied funds is […]
Young bankers on $300k given extra $3k for holidays
If you’re already earning $300k+ as a 24-year-old associate at PJT Partners, will an extra $3k in holiday allowance really make much difference to your motivation to work? Apparently, yes. Financial News has noted that boutique firm PJT Partners has […]
The bankers with the biggest bonuses in Hong Kong
U.S. banks have increased pay and bonuses for top bankers in Hong Kong by as much as 50% as they look to retain their best performers amid a talent shortage. Banking and headhunter sources say that Goldman Sachs led the […]
Robots to replace complaining junior bankers
Imagine, the pitch will undoubtedly go, a third year associate who never goes out clubbing and therefore never comes in late with a hangover. An analyst who works ninety hours a week or more and doesn’t moan to the newspapers. […]
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