Latest articles
Fifteen banker holiday destinations for every budget
Summer holiday season is approaching and if you’re in the UK, the weather is likely to disincline you from spending a long vacation at home. With this in mind, we’ve assembled the following list of places where we’re informed people working in banking and financial services like to take their vacations. Not everyone in banking […]
...Read more
Late Links: Man has three daughters, advises them all to become traders
Paul Tudor Jones is getting a bad rap after saying that having babies is inimical to female traders’ profitability and that divorce and trading don’t mix. However, having made inappropriate comments Jones is now back-pedaling frantically. Â Jones says he has three daughters, all of whom he has advised to become traders like himself. His […]
...Read more
When traders go into marital meltdown
If you’re a trader and your marriage is breaking down, you may want to step back from the markets. On the other hand, maybe your marriage is breaking down because you’re a trader. Paul Tudor Jones, founder of Tudor Investment Corporation, said this week that when a hedge fund manager is going through divorce, you […]
...Read more
Alternative mutual funds: Hot and hiring
Hedge funds may be providing sanctuary for a lucky few investment banking traders looking for a way out of the bulge brackets, but it’s hedge funds-lite – or alternative mutual funds – that are fast becoming the hot place to work. Alternative mutual funds act a lot like hedge funds, shorting with a range of […]
...Read more
Nomura Eyeing Fixed Income Staffers in the U.S. and Abroad
Nomura is as manic as every other bank when it comes to cost-cutting, but apparently not in fixed income. The Japanese bank plans to beef up its fixed income staff in Asia, Europe and the Americas, where it just hired two managing directors for foreign exchange and interest-rates sales, according to Bloomberg. No hiring projections […]
...Read more
The career switch that could help you get a job in Asia
If you have been struggling to find a banking job in the Asia-Pacific market, making the switch into insurance could be a good bet. Some unemployed bankers have already started migrating to a sector that may not have the status of investment banking, but offers more security. Local insurance firms and financial services recruiters have […]
...Read more
Blankfein explains why Goldman won’t open a trading floor in Salt Lake City
Today is the day of the Goldman Sachs annual general meeting in Salt Lake City. This is the first time the bank has held its AGM in Utah, some 2,000 miles from Wall Street, and it may not be the last. Together with Dallas, Bangalore and Singapore, Salt Lake City has been identified as one […]
...Read more
Bloated bankers advised to live like Christine Lagarde, Nassim Taleb
If you’re working in banking and are suffering from exhaustion, digestive problems or just general bloating, you may want to take some leaves from the lifestyle manuals of Christine Lagarde and Nassim Taleb. Alice Mackintosh, a nutritional therapist at the Food Doctor Clinic in London, said people working in jobs like banking – where lunch […]
...Read more
The Key to Making it in Wealth Management: Who’s Your Daddy?
Analytical skills, business savvy and a great work ethic: these are not the things that will get a job in wealth management as a twenty-something. Rather, you need to know a host of rich people – family and friends, mostly – who are willing to do you a personal favor. Succeeding as an entry-level financial […]
...Read more
Late Lunchtime Links: London bankers are overworked elitist snobs. J.P. Morgan shunting people into compliance
If you’re an investment banker in Paris, Frankfurt or Milan and you’re thinking of moving to London for the glitz, glamour, and weather, don’t. A new blog in the Guardian suggests that investment banking careers in the City of London aren’t nearly as heavy on excitement as people from more provincial financial centres might suppose. […]
...Read more