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 […]
Tag: Banking
Agile in banking: still less common than you might think
Discussions of Agile in banking seem very 2019: these days agile development is a given and the supposition is that banks are using it to move onto the public cloud and push into areas like artificial intelligence. This is mistake. In […]
Morgan Stanley’s reminder of how banking careers die
Banking is an industry known for its cyclicality. In human terms, this means that it’s known for hiring people when the future looks promising and then firing them again when it doesn’t. Theoretically, losing a job at the bottom of the […]
It’s just not easy for banks to train graduate hires remotely
After two decades in banking, the training and onboarding new graduates pretty much runs on autopilot for most managing directors. Over time, you delegate more and more of the responsibility to your team until you get to a point where the process […]
Banking’s digital nomads are being called home
Over the course of the pandemic, many bankers have been tempted to dream about the possibility of extending their work-from-home regime and turning it into something like a permanent vacation. After all, once the taboo has been broken when it […]
The most important question to ask in your banking interview
When you’ve worked in banking a while, you’ll hear veterans of multiple Wall Street firms say, “They’re all the same, they are all as bad as each other!” But how true of a statement is that really? In my opinion, it’s not […]
Calling out discrimination in banking bonuses
As bonus payout season approaches, what does a successful female banker, trader, analyst or even compliance officer do who fears they have been paid less than their male counterparts? I worked on the important Louise Barton discrimination case some 7 years ago […]
How to handle the hurt of being ditched by your banking job
When you work in banking, your relationship with your job is one of the most intimate in your life. When you work long hours, it’s easy to become very emotionally attached to your role and your colleagues. There’s nothing wrong […]
“Python already replaced Excel in banking”
If you wanted to prove your mettle as an entry-level banker or trader it used to be the case that you had to know all about financial modelling in Excel. Not any more. These days it’s all about Python, especially on the trading […]
It’s dangerous having good friends in banking
In case there were any confusion, Tidjane Thiam at Credit Suisse has clarified something this week: there are no friends in finance, only colleagues of convenience. Even if you work with someone for 30 years. This was Thiam’s claim in […]
















