Goldman partner at 27, finance failure at 49. Goldman women likely to get a raise

Goldman partner at 27, finance failure at 49. Goldman women likely to get a raise

Just because your finance career flies in your 20s, don’t assume it will maintain the same sort of elevation two decades later on. Case in point: Eric Mindich, who will turn 50 this year, became the youngest ever partner at Goldman Sachs more than 20 years ago at age 27, earning him a reputation as a “Wall Street wunderkind.” As […]

Questions you will always be asked in a hedge fund interview and how to answer them

Questions you will always be asked in a hedge fund interview and how to answer them

Interviewing at a hedge fund can be an unpleasant experience. Known for testing candidates’ resilience under pressure, hedge funds hire comparatively few people. Therefore, they’re either looking for raw potential, or for someone with a track record that speaks for itself. However, according to hedge fund professionals and specialist recruiters, there are several types of interview questions that are practically guaranteed […]

“Traders today are best off in long-only asset management”

“Traders today are best off in long-only asset management”

If you want to move to the buy-side, you’re probably thinking of joining a hedge fund. Venkatesh “Venk” Reddy has gone the other way. He left the alts world to launch a traditional mutual fund. Reddy’s resume include stints on the sell-side (he was an equity derivatives trader at Banc of America Securities) and in hedge funds. He founded Laurel Ridge […]

Goldman bankers watch as $120m wiped off the bonus pool

Goldman bankers watch as $120m wiped off the bonus pool

It’s been a bad week if you’re a banker with a significant amount of stock in your employer. As the Trump effect wears thin and bank stocks fall, so too does the value of 2016’s deferred stock bonuses. Goldman Sachs stock has fallen 6% over the past week. Bank of America stock fell nearly 6% yesterday alone. J.P. Morgan fell […]

Good and not-so-good excuses to get out of work for a job interview

Good and not-so-good excuses to get out of work for a job interview

It’s one of the only situations in life where the correct thing to do may be to tell a white lie. Unless the hiring company is willing to meet with you off the clock, you’ll likely need to spin a tale to sneak away from work for a job interview. In some situations, it’s not overly difficult. You tell your […]

Le Big Data sonne-t-il la fin des traders et des asset managers ?

Le Big Data sonne-t-il la fin des traders et des asset managers ?

Dans le cadre des House of Finance Days qui se tiennent jusqu’au 23 mars à l’Université Paris Dauphine, le Master 203 (Financial Markets) a pris le parti de s’intéresser aux véritables implications de la révolution Big Data en organisant une conférence intitulée Big Data Is Here : Quelle révolution pour les marchés financiers et la gestion de portefeuille ? Le […]

These are the students Goldman Sachs really wants to hire

These are the students Goldman Sachs really wants to hire

Once upon a time, Goldman was banging the drum for liberal arts majors. Liberal arts graduates are Goldman’s second most populous employee cohort according to its own statistics. Last November, partner Jeff Goldenberg said liberal arts graduates are more interesting and better at communicating with clients than finance-obsessed types. Today, however, Lloyd Blankfein explained who the firm really wants to […]