Quand j’ai appris que je ne serais pas promu managing director (MD), je suis rentré à la maison et j’ai pleuré. Pas pendant trois ou quatre minutes, mais pendant plus d’une heure avec ma femme à côté de moi. J’avais 33 ans. […]
Tag: MD
Deutsche Bank emailed top MDs asking them to confirm their salary sacrifice
Rumblings continue about Deutsche Bank’s efforts to persuade around 200 of its most senior managing directors (MDs) to relinquish a month’s salary entirely of their own volition. CEO Christian Sewing announced the salary sacrifice policy in a conference call last Thursday, […]
Meet Bank of America’s new managing directors in Asia
Bank of America has elevated 74 people in its global markets unit to managing director, but few of them are based in Asia. There are some exceptions, however, and the vast majority of these newly promoted Asian MDs work in Bank of […]
What do analysts, associates, VPs, and MDs actually do in investment banks?
What do investment banking job titles really signify? Do analysts really analyze? Are vice presidents in charge of whole divisions? And do managing directors run the entire bank? No, no, and no again. Banking job titles aren’t what they seem. […]
In Asian banking, Christmas is no time to stop working if you want to make MD
It’s a common enough scenario in investment banking: you’re in the office over the Christmas season, but you don’t have nearly as much work on as usual (unless you have a bond deal to launch immediately after the New Year). […]
Un ex-banquier de Goldman Sachs décrit un MD en voie de burnout…
A quoi reconnaît-on un début de burnout chez un managing director dans une banque d’investissement ? Andrew Stead, ancien directeur exécutif de Goldman Sachs et ex-responsable du trading obligations convertibles en Europe, ne l’a pas vécu lui-même, mais connaît quelqu’un à qui c’est arrivé. Comme nous […]
Ex-Deutsche Bank MD opens hedge fund advisory firm
If you’re one of those losing your job in the endless bloodletting at Deutsche Bank, you might want to get in touch with an ex-colleague, Nick Lawson. He launched a new firm in London yesterday, and it’s hiring now. Whether Lawson will scoop […]
A Goldman Sachs MD’s guide to surviving banking interviews
Good news – you passed the 1st test, your resume has been accepted and they want a 1st round interview with you. A 1st round interview is just another screening tool to narrow the resume file further. Make sure you […]
The people you need to know on Bank of America’s MD list
Bank of America gave an early holiday present to nearly 140 employees this week when it announced its latest class of managing directors. Unlike some rivals like Goldman Sachs, Bank of America doesn’t publicize the names, but Business Insider was […]
Women in banking admit that it’s partly their fault
Why is that there are so few women at managing director (MD) level in investment banks? That there are hardly any female strats? That even after decades of focusing on women’s initiatives, banks like Goldman Sachs admit they still have a long […]
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