On any given trading floor, the sound of the July has always been somewhere between “Get Lucky” by Daft Punk, and the voice of an undergraduate student saying “I just don’t feel like I’m using my degree”. Interns complain about […]
Author: Alison
Goldman Sachs gave staff a big pay hike
It’s not easy to get pay right when you’re Goldman Sachs. Pay too much and you’ll be lambasted by ‘vampire squid’-type accusations, particularly at a time when many non-banking households are struggling. Pay too little and you risk losing traders who fancy their chances […]
Pourquoi les jeunes banquiers sont insupportables
J’ai quitté Goldman Sachs il y a plus d’un an, mais je reçois toujours des messages Whatsapp de mes amis associates sur le groupe division banque d’investissement (IBD). Ils envoient un message groupé à 2 heures du matin, se plaignant de leurs analysts. Les juniors […]
Private equity boss confesses to liking hires with ‘high pain threshold’
Blackstone CEO and chairman Steve Schwarzman is currently out on a promotional tour for his ‘What it Takes’ book, and when it comes to recruitment, he says likes people who can take pain and are mentally balanced. The overriding message […]
Hong Kong banks beware: Tencent has its eyes on your juniors
If you thought that Tencent had exhausted its appetite for hiring investment bankers into strategy roles, think again. There are plenty of these jobs on the tech giant’s careers website, including some based in Hong Kong. Moreover, Tencent is now […]
“I work for a Chinese bank. I spend much of my time getting drunk”
Do you want to work for a Chinese bank in Hong Kong? You’d better be able to handle your liquor. I like a drink or two, and that’s helped me become successful in equity sales since I joined one of China’s […]
Inside Deutsche Bank’s technology function before the new bosses arrive
It shouldn’t be long now before Deutsche Bank’s technology function receives a substantial shot in the arm. Not only are two new men at the top due to arrive in early September, but CEO Christian Sewing has committed to spending €13bn on technology before […]
‘MMA Submission or Sex Position?’ at the PornHub Awards
VICE’s Dee Nasty went to the first annual PornHub awards in Los Angeles and played a little game with the award winning pornstars asking them if they could tell the difference between MMA moves and sex positions. Read more on […]
Banks’ female coders say they’re given the worst jobs
Do banks have a problem with women in technology? The sheer number of diversity programs for women in tech would seem to suggest they do. No bank runs diversity events for the hell of it and there are plenty of […]
How to Manipulate Your Way into Power, in Four Complicated Steps
Grigori Yefimovich Rasputin has been dead for over 100 years, but his tactics live on. This story appears in VICE Magazine’s Truth and Lies Issue. Last year, I wrote a book called No One Man Should Have All That Power. It’s about […]