As we’ve observed here before, it’s not entirely easy leaving Jefferies if you’ve worked there for a few bonus rounds. On one hand, the U.S.-based bank generously pays its people all-cash bonuses without any deferrals. On the other, if you leave within a few […]
Tag: Traders
Deutsche Bank’s feel-good future
What a difference a year (and a bit more than 40% on the share price) can make. At the Deutsche Bank Investor Day, CEO Christian Sewing was able to take the virtual stage with significantly more spring in his step, and to […]
Des soupçons grandissants accusent les banquiers et traders de travailler moins depuis chez eux
Et si Jamie Dimon avait raison ? Si dès le vendredi après-midi, tous les employés en télétravail décidaient de se replier sur Netflix ou de se consacrer à la préparation d’un bon pain au levain plutôt que de rester pleinement engagés dans leur […]
Goldman traders are leaving for hedge funds before bonuses are paid
Goldman Sachs has developed a new execution algorithm. In an announcement last week, the firm said it launched a new algo called ‘AXIS’ on its Atlas high speed trading platform, and that the early results were “very promising.” This may be so, […]
The 20-something traders who made millions during the pandemic
If you’re spending years studying at college to compete with 60 other people for a graduate job in banking or professional services, maybe you’re doing something wrong. In Essex, a county just outside of London, is a collection of nine traders – some […]
Goldman Sachs hiked pay, but could still disappoint its traders
A trend is emerging in the third quarter: as sales and trading businesses continue to outperform, banks are not accruing compensation to the extent that might be expected. It’s a trend that was in evidence yesterday with JPMorgan and it’s conspicuous again […]
Creeping suspicions that bankers/traders at home are doing less work
What if Jamie Dimon was right? What if it gets to Friday afternoon and everyone working from home decides to retreat onto Netflix or start baking sourdough loaves rather than committing fully to the requirements of their jobs? The longer that WFH […]
Traders et télétravail : JPMorgan tire les leçons du confinement
La nécessité de tenir ses traders éloignés de la salle des marchés n’a pas été sans conséquence, et JPMorgan l’a appris à ses dépens. Comme le détaillait récemment le Wall Street Journal, un managing director en salle des marchés a rejoint […]
Banks are hiring junior credit traders after a strong first half
Trading floors are mostly still virtual, but this isn’t preventing banks from bolstering the ranks of their European credit traders after a strong first half to the year. Headhunters point to a slew of credit trading recruitment in recent months, which they […]
The real reason Goldman Sachs needs its traders in the office
The headline figures are not representative of what’s happening on the trading floor. Overall, only around 10-15% of Goldman’s U.K. staff are back in its London office at Plumtree Court. On the trading floor, however, the proportion is closer to 25%. And […]