eFinancialCareers | Job News & Advice | eFinancialCareers

Life as a financial sponsors banker has not been easy in recent years. Fortunately, Anthony Santomo, a former junior financial sponsors banker at Macquarie in New York, got out in 2017, before th...

https://www.efinancialcareers.com/news/a-new-york-fintech-founded-by-a-financial-sponsors-banker-is-cutting-50-of-its-staff

In May 2023, Singaporean bank OCBC launched its Wingman coding assistant, powered by generative AI, and has been conducting a number of experiments in the AI space. Now, one of the MDs behind t...

https://www.efinancialcareers.com/news/singapore-bank-md-becomes-head-of-ai-at-facebook-founder-s-vc-firm

Revolut announced recently that it hit a milestone of 10,000 employees. A small minority of those are in New York, but Revolut's New York continues to grow. Its latest hire has executive experie...

https://www.efinancialcareers.com/news/revolut-hiring-new-york

Revolut announced recently that it hit a milestone of 10,000 employees. A small minority of those are in New York, but Revolut's New York continues to grow. Its latest hire has executive experie...

https://www.efinancialcareers.com/news/revolut-hiring-hedge-fund-new-york

As we noted a few weeks ago, Eisler Capital the self-proclaimed "intellectually honest hedge fund" that's on a hiring spree is having some issues with a headhunting firm, which says it's owed £...

https://www.efinancialcareers.com/news/barclays-ex-head-of-emea-rates-trading-is-at-centre-of-hedge-fund-hiring-dispute

In previous bull cycles, crypto companies were recruiting staff from a wide variety of industries, and bankers were jumping ship. In 2024, things have changed; the talent market is more robust.....

https://www.efinancialcareers.com/news/the-goldman-sachs-bankers-quitting-for-crypto-aren-t-as-welcome-in-2024

Stefano Murdaca might have been expected to stay at Barclays. Since joining the British bank as a summer intern five years ago, sources say he'd distinguished himself and was seen as up-and-comi...

https://www.efinancialcareers.com/news/barclays-up-and-coming-28-year-old-trader-quit-unexpectedly-for-something-very-different

While the focus for the moment is - rightly, on the long working hours of juniors investment banking divisions after the death of Leo Lukenas (whom Bank of America says didn't work long hours , ...

https://www.efinancialcareers.com/news/big-four-lifestyle

While the focus for the moment is - rightly, on the long working hours of juniors investment banking divisions after the death of Leo Lukenas (whom Bank of America says didn't work long hours , ...

https://www.efinancialcareers.com/news/morning-coffee-big-four-manager-with-lifestyle-aspirations-unhappy-with-unfair-firing-24-year-old-trader-s-incriminating-search-history

The new kid on the hedge fund block might also be the nicest. Aquatic Capital Management was founded in 2019 by Jonathan Graham, formerly head of Citadel's statistical arbitrage and equity high...

https://www.efinancialcareers.com/news/the-extremely-kind-new-hedge-fund-with-an-ex-citadel-founder-has-been-hiring

It's a new era at Citigroup. Five layers of unnecessary management have been cut, and so too - as of today - have surplus executive assistants. Get Morning Coffee  ☕ in your inbox. Sign up ...

https://www.efinancialcareers.com/news/now-citi-s-managing-directors-are-being-deprived-of-their-executive-assistants

Investment banking isn’t known as being a qualification-obsessed industry. Get Morning Coffee  ☕ in your inbox. Sign up here. Students are more focused than ever on excellent academic...

https://www.efinancialcareers.com/news/qualifications-for-investment-banking

Last year, fintech titan Revolut launched its annual 'Rev-celerator ' internship programme. This year, it's back... but it's not any easier to snag a place. Click here to sign up for our fint...

https://www.efinancialcareers.com/news/revolut-how-to-get-an-internship

Stanley Sheriff is hot property. Since leaving Goldman Sachs' London rates desk in 2018 he's worked for DRW, LMR Partners, Millennium , Taula Capital Management (seeded by Millennium) and - now -...

https://www.efinancialcareers.com/news/32-year-old-star-ex-goldman-sachs-trader-poached-by-hedge-fund-balyasny-one-week-into-job

As banks compete hard for work in the Middle East, Dubai is emerging as one of the most grueling places to work. Juniors at Rothschild, which is expanding in the UAE , claim they are being driven...

https://www.efinancialcareers.com/news/rothschild-s-junior-bankers-in-dubai-berated-for-10-30am-arrival-after-working-until-4am

One of the most annoying things that can ever happen to a banker is to suspect, halfway through an interview process, that the decision has already been made and you are just being put through th...

https://www.efinancialcareers.com/news/hsbc-new-ceo

One of the most annoying things that can ever happen to a banker is to suspect, halfway through an interview process, that the decision has already been made and you are just being put through th...

https://www.efinancialcareers.com/news/morning-coffee-traders-punish-their-bosses-for-mediocre-bonuses-the-top-job-that-people-might-feel-insulted-by-being-asked-to-interview-for

If UBS had concerns about the integration of Credit Suisse earlier this week, it may have even bigger concerns as we slide towards the weekend: the woman running its group integration office is ...

https://www.efinancialcareers.com/news/the-woman-running-ubs-s-integration-office-quit-unexpectedly

Balyasny has been one of the quieter hedge funds when it comes to crypto, but it still appears to appreciate talent in the space. Its most recent hire not only has experience at major hedge fund...

https://www.efinancialcareers.com/news/hedge-fund-balyasny-crypto-hiring-millennium-nydig

JPMorgan 's digibank Chase had big plans for 2024. Previous CEO Sanjiv Somani said that the pseudo-fintech team wanted to double its UK headcount by this year back in Septmber 2022 and, while ex...

https://www.efinancialcareers.com/news/chase-uk-hiring-jpmorgan

If you want to work for a family office that was previously a hedge fund and that’s run by a mysterious figure from Preston in Lancashire who’s kind to his mother, then good news: Mike Platt...

https://www.efinancialcareers.com/news/what-s-it-like-to-work-for-mike-platt-at-blue-crest-capital-management

It’s always a question worth asking yourself when you take on a project with a defined end date or completion condition – what’s my endgame here?  When I finish the project, what will happ...

https://www.efinancialcareers.com/news/titi-cole-citi-left

When UBS CEO Sergio Ermotti spoke yesterday about the progress of the Credit Suisse integration, he suggested that it's the technology UBS has inherited from the defunct Swiss rival that keeps h...

https://www.efinancialcareers.com/news/ubs-is-fretting-about-credit-suisse-it-systems-and-credit-suisse-technology-m-ds-have-quit

Jain Global, the hedge fund founded by Bobby Jain, the former co-chief investment officer at Millennium , is finally launching in July.  Get Morning Coffee  ☕ in your inbox. Sign up here. ...

https://www.efinancialcareers.com/news/hedge-fund-jain-global-s-latest-hire-spent-most-of-his-career-at-citigroup

At the elite electronic trading firms, women are still very much the minority, and pay can sometimes pale in comparison to their male peers. Using median gender pay gap data from Gov.UK , Jump T...

https://www.efinancialcareers.com/news/electronic-trading-pay-for-women

Filippo Gori , JPMorgan's new chief executive for EMEA, is slowly stamping his authority on the business after his predecessor, Vis Raghavan , sailed away to a big job at Citi in February.  F...

https://www.efinancialcareers.com/news/jp-morgan-s-new-london-leaders-are-possibly-more-popular-than-its-old-ones

If you want to get a job at an investment bank, you need to go to a good school . Get Morning Coffee  ☕ in your inbox. Sign up here. And once you get into a good school, you have to do a...

https://www.efinancialcareers.com/news/finance/the-top-30-masters-in-finance-for-getting-a-job-in-investment-banking

If you want to get a job at an investment bank, you need to go to a good school . Get Morning Coffee  ☕ in your inbox. Sign up here. And once you get into a good school, you have to do a...

https://www.efinancialcareers.com/news/the-top-30-masters-in-finance-for-getting-a-job-in-investment-banking

Meta has been pulling out all the stops to hire AI talent in 2024, to the point of having Mark Zuckerberg personally email candidates. While the personal messages from Zuck seem to be reserved f...

https://www.efinancialcareers.com/news/meta-hires-jp-morgan-s-ex-fintech-ai-head-in-london

If you're a headhunter placing the sorts of portfolio managers that major hedge funds are competing to hire, you can make good money. Very good money. If you actually get paid.  As we repor...

https://www.efinancialcareers.com/news/hedge-fund-headhunter

If you're a headhunter placing the sorts of portfolio managers that major hedge funds are competing to hire, you can make good money. Very good money. If you actually get paid.  As we repor...

https://www.efinancialcareers.com/news/morning-coffee-hedge-fund-headhunters-are-making-a-fortune-keith-gill-s-mysterious-rest

As we reported last week , Serge Pomonti, Citi's Singapore-based head of institutional sales for Asia, is leaving. Pomonti appears to have been let go in Citi's most recent round of cuts. It seem...

https://www.efinancialcareers.com/news/now-citi-s-singapore-head-of-fx-sales-is-leaving-too

Not everyone enjoys life at a hedge fund . Some who join, expecting big money and big trades, find that they're stuck on diminutive salaries with strict risk limits. Some come back to banking. ...

https://www.efinancialcareers.com/news/goldman-sachs-rehired-a-trader-who-left-for-blue-crest-as-an-md

It's been over a week now since the tragedy of Leo Lukenas sparked significant concerns regarding the workload and hours expected of junior bankers, despite Bank of America denying allegations he...

https://www.efinancialcareers.com/news/leo-lukenas-donors-lament-their-own-100-hour-weeks-in-banking

If you thought compliance jobs in banking and finance are rewarding, you're probably thinking of 2009 and have failed to apprehend the articles where compliance professionals complain of poor me...

https://www.efinancialcareers.com/news/how-compliance-became-the-worst-place-to-work-in-banking

Last week's Johnson Associates bonus predictions for 2024 suggested that Debt Capital Markets (DCM) bankers will be the luckiest when it comes to increased bonus this year. A new report suggest...

https://www.efinancialcareers.com/news/highest-banking-bonuses-2025

Citadel Securities and Jane Street may be booming, but they are not the only players in the electronic trading world.  Click here to sign up to our technology newsletter  🔧   London-ba...

https://www.efinancialcareers.com/news/a-prop-trading-firm-is-closing-an-office-and-shuttering-multiple-teams

Citadel Securities and Jane Street may be booming, but they are not the only players in the electronic trading world.  Click here to sign up to our technology newsletter  🔧   London-ba...

https://www.efinancialcareers.com/news/maven-securities-prop-trading-office

As we reported earlier this month, Barclays is cutting "a few hundred underperformers". They include junior bankers and members of Barclays' sustainable banking team. They also include a female...

https://www.efinancialcareers.com/news/barclays-cuts-include-a-longserving-female-financial-sponsors-md

How did Jim Simons, founder of quant fund Renaissance Technologies , make his money? He didn't even start working in finance until his 40s and by the time he died aged 86 last Friday, he was wort...

https://www.efinancialcareers.com/news/jim-simons-renaissance-technologies

People love to debate the merits of C++ . But in a business context, there are some situations where C++ is almost never the answer. It's extremely hard to write good C++ in an environment which ...

https://www.efinancialcareers.com/news/programming-language-c-plus-plus-too-complex

We at eFinancialCareers are pretty proud of our (mostly annual) Ideal Employer report . Get Morning Coffee  ☕ in your inbox. Sign up here. We had over 7,500 responses to our survey, and ...

https://www.efinancialcareers.com/news/ideal-recruiter-survey

More so than perhaps any other quant hedge fund in 2024, Qube Research Technologies has been on a hiring spree. Its latest addition in London joins from the London Stock Exchange Group (LSEG), ...

https://www.efinancialcareers.com/news/ex-deutsche-bank-core-engineering-head-joins-quant-fund-s-new-london-office

More so than perhaps any other quant hedge fund in 2024, Qube Research Technologies has been on a hiring spree. Its latest addition in London joins from the London Stock Exchange Group (LSEG), ...

https://www.efinancialcareers.com/news/qube-research-new-office-london-hiring-deutsche-bank

SHAWN CAIN IS AN ANALYST FOCUSED ON THE CONSUMER SECTOR WITH CITADEL GLOBAL EQUITIES. HE JOINED THE FIRM IN 2022 AND IS BASED IN MIAMI. BEFORE CITADEL, SHAWN WORKED IN FINANCE IN BOTH OHIO AND NE...

https://www.efinancialcareers.com/news/what-is-a-hedge-fund-analyst-a-day-in-the-life-of-an-equities-analyst-at-citadel

“Just when I thought I was out, they pull me back in”, as the saying goes. Last October, Michele Colocci retired at the age of 60, after a successful career which ended as chairman of M&A ...

https://www.efinancialcareers.com/news/morgan-stanley-banker-is-dragged-back-for-one-last-job

If you’re a Credit Suisse Managing Director (MD) looking for a new job in Hong Kong these days, you could do worse than keeping your seniority and moving to an even bigger bank in the city. Tha...

https://www.efinancialcareers.com/news/moving-from-investment-to-private-banking

Knowing your way around some tricky mathematical conundrums is essential when applying for jobs at hedge funds. Hedge fund Millennium has released a new brainteaser of its own via social media, a...

https://www.efinancialcareers.com/news/can-you-answer-hedge-fund-millennium-s-olympiad-inspired-brainteaser

As we reported yesterday , Leo Lukenas, the Bank of America associate who passed away Thursday last week, died of "acute coronary artery thrombus," in which a clot is formed inside a blood vessel...

https://www.efinancialcareers.com/news/bank-of-america-says-leo-lukenas-didn-t-work-120-hour-weeks

The sands are still shifting at Citi. People are coming , people are going. CEO Jane Fraser is saying things like, "It already feels different," and, "We've got clear accountabilities. We've elim...

https://www.efinancialcareers.com/news/serge-pomonti-citi

If you want to work in banking, you need to get moving. Get Morning Coffee  ☕ in your inbox. Sign up here. If you think that’s a general statement – it’s not. If you’re in univer...

https://www.efinancialcareers.com/news/2016/07/the-investment-banking-recruitment-process

If you want to work in banking, you need to get moving. Get Morning Coffee  ☕ in your inbox. Sign up here. If you think that’s a general statement – it’s not. If you’re in univer...

https://www.efinancialcareers.com/news/finance/the-investment-banking-recruitment-process

If you want to work in banking, you need to get moving. Get Morning Coffee  ☕ in your inbox. Sign up here. If you think that’s a general statement – it’s not. If you’re in univer...

https://www.efinancialcareers.com/news/the-investment-banking-recruitment-process

Despite uncertainty in the job market, a number of bank employees are deciding fintech is the better bet . Amid a number of senior staff leaving for fintechs, however, one product head at Stripe...

https://www.efinancialcareers.com/news/stripe-product-head-becomes-bank-of-america-md-while-bankers-leave-for-fintech

What is the appropriate amount of sleep when you have a demanding job in banking? Our recent lifestyle survey suggested the average person working in financial services gets 6.72 hours a night , ...

https://www.efinancialcareers.com/news/bank-ceo-shares-optimal-amount-of-sleep-5-hours-functional-but-cranky

Not so long ago, China International Capital Corp was a great bank to work for – it had strong share in a booming market, and a reputation for paying huge bonuses in order to attract and reta...

https://www.efinancialcareers.com/news/cicc-bank-demoting-mds

I am writing here because I would like advice and help from other people in the industry. I work for a major US bank in the Americas . The man who heads the division in my country is incredibly...

https://www.efinancialcareers.com/news/banker-bully

Citi may still have circa 15,000 jobs to trim but the flow is not entirely unidirectional. The bank may be cutting non-revenue generators, but it's still hiring traders. In the US, Citi's lates...

https://www.efinancialcareers.com/news/citi-s-new-rates-trading-md-comes-from-a-hedge-fund

Milan is a great place to move if you like fashion, cuisine, and architecture. It’s also a great place to move if you have something rather less romantic compelling you: your financial services...

https://www.efinancialcareers.com/news/unicredit-hiring-milan-london

When the fundraiser for Leo Lukenas III, the Bank of America associate who died last Thursday of "acute coronary artery thrombus," was opened yesterday , the initial intention was to raise $50...

https://www.efinancialcareers.com/news/leo-lukenas-associate-died-fund

If there were a golden rule to getting a job in an investment bank , it would be this: the longer you wait to apply, the worse your chances are. Get Morning Coffee  ☕ in your inbox. Sign up...

https://www.efinancialcareers.com/news/2017/08/the-best-time-to-apply-for-a-banking-job

If there were a golden rule to getting a job in an investment bank , it would be this: the longer you wait to apply, the worse your chances are. Get Morning Coffee  ☕ in your inbox. Sign up...

https://www.efinancialcareers.com/news/the-best-time-to-apply-for-a-banking-job

There are perhaps two certainties in investment banking compensation.   One is that everyone thinks that they have been hard done by, and the other is that the squeaky wheels get oiled.  These ...

https://www.efinancialcareers.com/news/bankers-bonuses

Les Lukenas, the twin brother of 35-year-old Leo Lukenas III, the Financial Institutions Group investment banking associate who died on Thursday of an "acute coronary artery thrombus," is askin...

https://www.efinancialcareers.com/news/leo-lukenas

Goldman Sachs isn't the only place that likes to hire from Amazon. Citadel , the hedge fund, has found somewhere there too. Get Morning Coffee  ☕ in your inbox. Sign up here. Georgios Ko...

https://www.efinancialcareers.com/news/hedge-fund-citadel-hired-an-applied-ai-scientist-from-amazon-for-a-ny-quant-job

I read this weekend's news about an associate at a US bank dying , possibly after working very long hours, with a sense of trepidation. Get Morning Coffee  ☕ in your inbox. Sign up here. ...

https://www.efinancialcareers.com/news/my-husband-works-120-hour-weeks-in-banking-and-i-m-concerned-for-his-health

Q1 results season is more or less over, with only a few stragglers left to report. The major boutique banks have reported and, until PWP last week , things were pretty positive.  Get Morning ...

https://www.efinancialcareers.com/news/elite-boutique-salaries-and-bonuses

Eithne O'Leary, the female president of Stifel Europe and head of the institutional group in London, is understood to be leaving. Get Morning Coffee  ☕ in your inbox. Sign up here. Stife...

https://www.efinancialcareers.com/news/female-head-of-us-bank-embroiled-in-london-scandal-is-leaving

Following the social media storm throughout the long weekend after the death of an associate at a major US bank in New York City, the cause of death of the individual has been reported. Get Mor...

https://www.efinancialcareers.com/news/cause-of-death-banking-associate

Bankers at UBS had a good first quarter, and UBS knows it. In announcing the 52% year-on-year increase in its banking revenues today, UBS noted that the overall global fee pool increased by only ...

https://www.efinancialcareers.com/news/ubs-bankers-outperformed-but-there-are-still-8bn-of-expenses-to-cut

As we reported yesterday , a financial institutions group (FIG) associate has died at a major US bank in New York City. The cause of his death is unclear. There are unconfirmed suggestions that h...

https://www.efinancialcareers.com/news/associate-died-banking-fig

An associate at a US investment bank is understood to have passed away after allegedly working 120-hour weeks on a deal in the Financial Institutions Group (FIG) sector. Various social media po...

https://www.efinancialcareers.com/news/associate-at-us-bank-said-to-die-after-working-120-hour-weeks

Citigroup's senior equities professionals must be breathing a sigh of relief. Following complaints about the culture in their own business, something far worse has surfaced at Stifel Europe. G...

https://www.efinancialcareers.com/news/stifel-bankers-sex-with-cleaner-toilets

After announcing its first quarter results last month , Goldman Sachs today released its Form 10-Q. It confirms some things that were known already, and adds several new ones. Get Morning Coffe...

https://www.efinancialcareers.com/news/goldman-sachs-traders

Perella Weinberg Partners (PWP) published its Q1 results today. They… Weren’t great. Get Morning Coffee  ☕ in your inbox. Sign up here. PWP was paying some colossal pay packages by...

https://www.efinancialcareers.com/news/perella-weinberg-pay

As we reported earlier this week, there have been squeaks of lamentation from Instinet. The institutional agency broker which acts as Nomura's equities trading arm announced its bonuses this week...

https://www.efinancialcareers.com/news/a-bank-just-paid-zero-bonuses-and-ejected-this-female-managing-director

Brexit is bearing fruit. Goldman Sachs is lifting the bonus cap for its circa 570 regulated London bankers and come the end of this year, bonuses this year might be 15 times salaries instead of...

https://www.efinancialcareers.com/news/goldman-sachs-bonus-cap

Goldman Sachs is lifting the European Union's bonus cap in London. Sky News reported today that Richard Gnodde, chief executive of Goldman Sachs International, has informed staff that the firm w...

https://www.efinancialcareers.com/news/goldman-sachs-lifting-bonus-cap-salaries

Last week, the US Federal Trade Commission (FTC) published its new “draft” but “final” 570 page rule banning the sorts of non-compete clauses that have been a much-loved part of banks’...

https://www.efinancialcareers.com/news/non-compete-ban-rule-banks-hedge-funds

Although Goldman Sachs is a bank known for paying its front office staff high salaries, not all salaries there are equal.  Get Morning Coffee  ☕ in your inbox. Sign up here. Goldman r...

https://www.efinancialcareers.com/news/goldman-sachs-salaries

Eight months ago, life was good for Kavish Kataria, the 33-year-old former SocGen vice president at the centre of the French bank's latest trading brouhaha. Based in Hong Kong on the delta one d...

https://www.efinancialcareers.com/news/kavish-kataria-socgen

The cuts at Barclays came early yesterday. They were expected on May 8th, but manifested themselves on May 1st instead. The number of people affected extended to “a few hundred underperformers...

https://www.efinancialcareers.com/news/barclays-london-bankers-say-one-team-was-cut-more-than-the-rest-yesterday

Singapore isn’t the hedge fund heaven that Hong Kong is usually seen as , but things seem to be taking a turn. Funds in the city – both headquartered and present there – have been busy addi...

https://www.efinancialcareers.com/news/singapore-hedge-fund-hiring

There are many things which keep people in the investment banking industry.  Money, for example.  Also, the prospect of more money, and the threat of losing deferred money. There’s also inte...

https://www.efinancialcareers.com/news/leaving-goldman-sachs

There are many things which keep people in the investment banking industry.  Money, for example.  Also, the prospect of more money, and the threat of losing deferred money. There’s also inte...

https://www.efinancialcareers.com/news/ley-banker-who-thinks-cufflinks-slow-him-down

There are many things which keep people in the investment banking industry.  Money, for example.  Also, the prospect of more money, and the threat of losing deferred money. There’s also inte...

https://www.efinancialcareers.com/news/morning-coffee-former-goldman-director-recalls-psychological-obstacles-to-quitting-the-morgan-stanley-banker-who-thinks-cufflinks-slow-him-down

There are many things which keep people in the investment banking industry.  Money, for example.  Also, the prospect of more money, and the threat of losing deferred money. There’s also inte...

https://www.efinancialcareers.com/news/ley-banker-who-thinks-cufflinks-slow-him-downin

Eisler Capital, the smallish multistrategy hedge fund with aspirations to be much bigger, is hiring people. But it probably won't be using search firm Monroe Partners to do it. Get Morning Cof...

https://www.efinancialcareers.com/news/hedge-fund-eisler-capital-is-in-a-dispute-with-a-hedge-fund-headhunter

These are different times at Carlyle Group. Not only is there a new CEO in the form of Goldman Sachs' ex-COO Harvey Schwartz , but there's a new pay set-up. And it's a set-up that seems to be a f...

https://www.efinancialcareers.com/news/carlyle-s-compensation-change-has-worked-well-for-its-private-equity-professionals

Banks are full of confusing terminology . Get Morning Coffee  ☕ in your inbox. Sign up here. If you’re thinking about applying for a job at one, you might have come across the front, ...

https://www.efinancialcareers.com/news/2016/06/front-office-middle-office-back-office-banking

Banks are full of confusing terminology . Get Morning Coffee  ☕ in your inbox. Sign up here. If you’re thinking about applying for a job at one, you might have come across the front, ...

https://www.efinancialcareers.com/news/finance/front-office-middle-office-back-office-banking

Banks are full of confusing terminology . Get Morning Coffee  ☕ in your inbox. Sign up here. If you’re thinking about applying for a job at one, you might have come across the front, ...

https://www.efinancialcareers.com/news/front-office-middle-office-back-office-banking

JPMorgan's electronic equities trading platform has become one of its big strengths. This might be why a former Goldman Sachs managing director who's spent the past few years touring hedge funds ...

https://www.efinancialcareers.com/news/jp-morgan-hired-hudson-river-s-head-of-client-market-making

Citi may be cutting jobs , but it's also said several times that it continues to invest in compliance and controls. This continued investment has not prevented it from cutting one of its most sen...

https://www.efinancialcareers.com/news/citi-quietly-parted-company-with-its-emea-chief-compliance-officer

As financial institutions pipeline their intern and graduate cohorts for 2024, they are looking for new ways to reach and engage with the next generation of talent. They are also facing strong co...

https://www.efinancialcareers.com/news/e-fc-student-and-graduate-fair-sc

Spare a thought for Ewen Stevenson.  After a successful career in investment banking, he decided that he wanted to build a CV that might take him to the very top of the industry.  So he joined ...

https://www.efinancialcareers.com/news/ewen-stevenson-hsbc

Moving to a new financial centre is often a great way to elevate your career to a new level, but it can sometimes be a daunting prospect in terms of logistics and new challenges.  For anyone mov...

https://www.efinancialcareers.com/news/headline-hong-kong-careers-climb-a-new-summit-sc

Nomura may not announce its bonuses until next week, but it seems that Instinet, the institutional agency broker which acts as Nomura equities trading arm, has announced today. There are complai...

https://www.efinancialcareers.com/news/people-are-saying-some-bad-things-about-instinet-bonuses

Citi may have finished part one of its mission to cut 20,000 jobs , but it's only cut 5,000 of them so far. Discounting the removal of another 5,000 jobs from whole business sales , it still has...

https://www.efinancialcareers.com/news/citi-cut-paul-brennan

What's an investment bank? If you ask the man or woman on the street, the vast majority of them will draw blanks – or be completely wrong. Get Morning Coffee  ☕ in your inbox. Sign up her...

https://www.efinancialcareers.com/news/what-is-an-investment-bank

How hard it is to get a job at fintech /neobanking firm Revolut?  Click here to sign up for our fintech newsletter  🤖 Last time we considered this issue, Revolut said it was hiring more...

https://www.efinancialcareers.com/news/applying-for-a-job-at-revolut

Beatriz Duarte is a Senior Associate in the Real Estate Acquisitions team at Blackstone in London. She joined the firm in October 2020 and prior to that, was an analyst in the Investment Banking ...

https://www.efinancialcareers.com/news/what-its-like-to-work-at-blackstone

As we reported yesterday, JPMorgan's new managing directors (MDs) have been announced. In the investment bank, their names are of particular importance.  Get Morning Coffee  ☕ in your inb...

https://www.efinancialcareers.com/news/jpmorgan-new-mds-2024

Something has changed in the mind of Noel Quinn, the man who HSBC didn't necessarily want to become the CEO, but who became the CEO anyway and then did a reasonable job driving through a restruct...

https://www.efinancialcareers.com/news/noel-quinn-is-leaving-hsbc-to-pursue-everyone-s-fantasy-career

Millennium, the world's largest multistrategy hedge fund, has a good lawyer.  Get Morning Coffee  ☕ in your inbox. Sign up here. Andrew Levander, a New York partner specializing in whit...

https://www.efinancialcareers.com/news/jane-street-vs-millennium

It's nearly 15 months since hedge fund Brevan Howard announced that it was opening an office in Abu Dhabi. Since that time, the fund has amassed 90 employees at its new UAE outpost, up from aro...

https://www.efinancialcareers.com/news/brevan-howard-abu-dhabi

Banks might have signaled some willingness to restart hiring in 2024, but that doesn’t mean that Canary Wharf and the City of London are awash with jobs. Recruitment consultant Morgan McKinl...

https://www.efinancialcareers.com/news/london-finance-jobs

JPMorgan has announced its new managing directors (MDs). However, unlike Goldman Sachs, JPMorgan does not share its new MDs publicly. The fortunate people won't officially assume their new jobs...

https://www.efinancialcareers.com/news/jpmorgan-managing-directors

When Barclays announced its results last week , they were not great. Fixed income sales and trading revenues at the British bank were down 21% year-on-year, compared to an increase of 7% at Deut...

https://www.efinancialcareers.com/news/barclays-says-it-needs-some-new-european-macro-traders

Amidst the furor over senior bankers being fired (they say unfairly ) for claiming medical expenses at Bank of Singapore, it's worth remembering that even well remunerated financial services pro...

https://www.efinancialcareers.com/news/goldman-sachs-london-bankers-paris-olympics

As we were first to report last week, Bank of Singapore has been cracking down on employees whom it says made fraudulent medical insurance claims. The bank is declining to comment on the issue, b...

https://www.efinancialcareers.com/news/bank-of-singapore-s-medical-benefits-issue-affected-hundreds-of-employees-fairly-or-not

The investment banking recruitment process has a lot of emphasis on target schools, grades, and interviews. We’ve had plenty of articles about how to ace those interviews (especially the tech...

https://www.efinancialcareers.com/news/personality-finance-bank-interview

The investment banking recruitment process has a lot of emphasis on target schools, grades, and interviews. We’ve had plenty of articles about how to ace those interviews (especially the tech...

https://www.efinancialcareers.com/news/how-to-get-a-banking-job

Starting a fintech isn’t the promised land that people think it might be, but there is at least one benefit: if it’s a good fintech, Deutsche Bank might offer you, the founder, a job. Get ...

https://www.efinancialcareers.com/news/deutsche-bank-hiring-fintech

As the saying has it, the graveyards are full of indispensable men. In the case of Masanori Mochida it was almost literally true; after twenty years as president of Goldman Sachs Japan and at t...

https://www.efinancialcareers.com/news/goldman-sachs-japan

As we reported last week, Peel Hunt, the UK mid-market investment bank, is cutting jobs. Some of those compelled to leave appear to have come as a surprise internally. Get Morning Coffee  ☕�...

https://www.efinancialcareers.com/news/peel-hunt-s-job-cuts-included-an-unexpected-victim

It's not just Deutsche Bank that's been practicing the art of adding staff to grow revenues. Lazard has embarked upon a similar path. Today's Lazard results, suggest it's working there too. Ge...

https://www.efinancialcareers.com/news/lazard-s-crazy-hiring-also-seems-to-be-paying-off

For a long time, the tale of two cities in finance was either between London and New York, or between Hong Kong and Singapore. But while those debates are still raging – and probably will neve...

https://www.efinancialcareers.com/news/dubai-vs-abu-dhabi-finance-career

It’s an unfortunate secret of the trading world that accounting for profitability is rathe more of an art than a science.  Trades happen as part of portfolios, they have funding costs and coll...

https://www.efinancialcareers.com/news/jane-street-traders-millennium-profits

It’s an unfortunate secret of the trading world that accounting for profitability is rathe more of an art than a science.  Trades happen as part of portfolios, they have funding costs and coll...

https://www.efinancialcareers.com/news/morning-coffee-the-young-hedge-fund-traders-who-made-150m-in-three-months-or-not

Barclays is supposed to be cutting £0.7bn of costs from its investment bank, but it hasn't made much progress yet. Today's first quarter results show operating costs in the business were just �...

https://www.efinancialcareers.com/news/barclays-feeble-quarter-is-a-reminder-of-the-restructuring-beast-in-the-background

If you're a bank wondering whether hiring new talent is a good move in a difficult market, Deutsche Bank's first quarter results today should lay your fears to rest. After some voracious hiring,...

https://www.efinancialcareers.com/news/deutsche-bank-s-big-hiring-has-borne-fruit-but-it-still-has-1bn-of-costs-to-cut

With Vis Raghavan due to turn up at Citi in early June, there are growing suspicions that all sorts of people leaving JPMorgan are heading to Citi to join him. Get Morning Coffee  ☕ in your...

https://www.efinancialcareers.com/news/citigroup-made-another-major-jp-morgan-hire-without-anyone-noticing

Deutsche Bank has hired a new head of US credit trading to replace Dan Crowley, who left in February. Get Morning Coffee  ☕ in your inbox. Sign up here. Edward Bayliss, the head of corpo...

https://www.efinancialcareers.com/news/deutsche-bank-hired-a-new-head-of-credit-trading-from-morgan-stanley

Boutique bank Evercore might have let some of its colossal compensation reputation tank in recent years , but that doesn’t mean it’s battening down the hatches. If anything, despite some flo...

https://www.efinancialcareers.com/news/evercore-2024-hiring

Something seems to be afoot in Singapore, where multiple sources say people have been dismissed from their banking jobs after being asked to repay medical insurance claims. Get Morning Coffee ...

https://www.efinancialcareers.com/news/singapore-bank-staff-say-they-ve-been-fired-after-medical-insurance-claims

As Citi proceeds with its restructuring and 20,000 job cuts, all does not seem entirely well in the Malaga office where the US bank employs around 30 junior investment bankers who theoretically ...

https://www.efinancialcareers.com/news/citi-malaga-analysts

If you’re an employment law wonk, the big news this week is that the Federal Trade Commission has decided to ban the use of non-compete agreements. In doing so, it says it will increase worker...

https://www.efinancialcareers.com/news/non-compete-ban-banks-hedge-funds

French bank BNP Paribas paid the 877 highest earners in its corporate and investment bank a total of €1.1m ($1.2m) each last year, down from €1.2m in 2022.  Get Morning Coffee  ☕ in yo...

https://www.efinancialcareers.com/news/bnp-paribas-s-bonuses-for-its-high-earners-fell-a-mere-10-last-year

Jain Global, the hedge fund founded by Bobby Jain, the former Millennium co-chief investment officer, is still hiring ahead of its launch in July. Its latest portfolio management recruits inclu...

https://www.efinancialcareers.com/news/the-hot-new-hedge-fund-of-2024-hired-a-morgan-stanley-trader-in-frankfurt

Leaving your (sometimes) stable banking job for the world of crypto can be a massive risk. For ex-Morgan Stanley MD Kyle Downey , it looks like the risk has just paid off; the crypto firm he co-f...

https://www.efinancialcareers.com/news/a-morgan-stanley-md-who-left-in-21-just-made-money-in-crypto

One of the longest-lasting effects of the Covid pandemic – and more specifically, the subsequent lockdowns – is the emergence of hybrid working arrangements. Although these arrangements are b...

https://www.efinancialcareers.com/news/best-jobs-for-work-from-home

If there's one bank that's been consistently bullish about recruitment, it's Alantra , the mid-market Spanish investment bank that's been expanding for the past few years. More recently, however,...

https://www.efinancialcareers.com/news/bank-cuts-the-safest-jobs-in-europe-after-a-multi-year-hiring-spree

UI and UX designers and researchers have seen their stock rise in recent years, and London looks like a key source of talent. JPMorgan has been buffing its UX division in the capital, hiring al...

https://www.efinancialcareers.com/news/jp-morgan-is-hiring-fintech-and-goldman-sachs-alums-for-its-ux-team-in-london

When Barclays announced its fourth quarter results in February, it also unveiled a programme of cost-cutting.  Get Morning Coffee  ☕ in your inbox. Sign up here. Barclays' cost-cutting...

https://www.efinancialcareers.com/news/barclays-bankers-and-traders-are-living-in-fear-of-early-may

Citigroup is making some effort to get to grips with the allegedly poor culture in its equities sales and trading business. Not only has the new good guy head of the whole markets business Andr...

https://www.efinancialcareers.com/news/citi-equities-culture-ardith-lindsey

If you're looking for a new buy-side job in New York City, then 26North, the alternative asset management firm launched by Apollo co-founder Josh Harris in 2022, seems to be hiring.  Get Morni...

https://www.efinancialcareers.com/news/workaholic-ex-apollo-boss-is-doing-some-heavy-hiring-for-his-new-platform

Qube Research Technologies has been not-so-slowly and steadily bolstering its ranks. An area of note is Hong Kong, where we previously reported it hiring from Citadel Securities. It's not done...

https://www.efinancialcareers.com/news/this-quant-hedge-fund-has-a-thing-for-ex-jp-morgan-v-ps-in-hong-kong

As we reported last month, the biggest multistrategy hedge funds hired over 1,600 new investment staff last year, with some of them on immensely generous pay packages. But the deeper we get i...

https://www.efinancialcareers.com/news/the-top-tier-people-are-not-going-to-the-multistrategy-hedge-funds

Stripe has its fair share of people who would prefer to work remotely, most notably the CEO. In the world of fintech startups, however, it's a luxury not all can afford. In a recent fireside ch...

https://www.efinancialcareers.com/news/stripe-remote-work-patrick-collison

I'm a product manager . I spent the past decade pursuing a career in financial services and worked in various leading banks in London. However, I now switched into another sector and I won't be ...

https://www.efinancialcareers.com/news/product-manager-job-bank

Japanese banks are preparing to announce bonuses soon and while nothing has been announced yet, one barometer is certainly showing signs of optimism – Japanese banks are hiring. Get Morning ...

https://www.efinancialcareers.com/news/mufg-hiring-singapore-hsbc

If you work for a US investment bank , your 2023 bonus is a thing of the past. If you work for a Japanese investment bank, it is a thing of the future. Japanese bank bonus season is coming, soo...

https://www.efinancialcareers.com/news/japanese-bank-bonuses

How long before Goldman Sachs ' CEO David Solomon starts DJing again? Following the 28% increase in Goldman Sachs' Q1 profits and the resurgence of its core trading and investment banking busine...

https://www.efinancialcareers.com/news/david-solomon-goldman-sachs-parties

How long before Goldman Sachs ' CEO David Solomon starts DJing again? Following the 28% increase in Goldman Sachs' Q1 profits and the resurgence of its core trading and investment banking busine...

https://www.efinancialcareers.com/news/david-solomon-goldman-sachs-back

I read last week's article by Athena Dawson about being unfairly fired by a bank for alleged poor performance, and I'd like to clarify that this happens a lot in financial services. But there ar...

https://www.efinancialcareers.com/news/poor-performance-unfairly-fired

Demotions might not be common in the competitive and high-stakes world that is sales & trading , but there are some people that have not only been through the ordeal but survived it (as opposed t...

https://www.efinancialcareers.com/news/bank-trading-demotion

It's not easy to get one of the hyper-competitive jobs at hedge fund Citadel or electronic market making firm Citadel Securities: only 0.5% of people applying for internships are accepted. But...

https://www.efinancialcareers.com/news/citadel-securities-intern

Quantitative researchers leveraging AI are hot property in financial services, with top firms capable of forking out up to $430k for fresh graduates. There are lots of pitfalls, however, both wh...

https://www.efinancialcareers.com/news/the-24-year-old-ai-quants-on-350k-might-be-making-a-big-mistake

George Klavdianos is back. After leaving Balyasny's London office in December following reports of a $100m loss in a trading book he was leading, Klavdianos has resurfaced in a bigger fund and m...

https://www.efinancialcareers.com/news/hedge-fund-millennium-hired-balyasny-london-portfolio-manager-who-left-after-100m-loss

If you have a banking job where you can work from home two or maybe even three days a week, consider yourself fortunate. Such perks are disappearing as senior bankers flex their belief that offic...

https://www.efinancialcareers.com/news/return-to-office-bankers