The former head of fixed income for France at Morgan Stanley, who has been working as an advisor at Natixis as well as running his own cycling start-up for a year, has just re-emerged at a small asset manager. Sebastien Kessas, who worked for 20 years in investment banking across London and France – largely at Morgan Stanley – has […]

If you’re looking for a senior level job on Wall Street, you could do worse than trying Cantor Fitzgerald. Cantor keeps hiring – and at very senior levels. As we reported last month, Cantor hired Greg Dabal from Credit Suisse to join its prime brokerage business in March, but Dabal wasn’t Cantor’s only MD-level hire. It also picked up a raft […]

Most fintech start-up CEOs tend to come from finance. Brett Crosby, who recently started PeerStreet – an investing platform for real estate loans – has spent the past decade in the inner sanctum at Google. Crosby helped to start its mobile advertising business, ran the Google+ product marketing team and most recently ran the global teams tasked with spearheading the growth […]

M&A is not dead. So says a new report from the Boston Consulting Group (BCG), which predicts that M&A bankers’ pockets will carry on being lined for the indefinite future as corporates engage in strategic M&A and private equity funds spend their war chests. This should be good news for senior M&A bankers at the likes of Moelis & Co. whose generous […]

Morgan Stanley has made a significant addition to its financial institutions group (FIG) in the U.S., poaching a senior managing director from Guggenheim Partners in New York. Thomas Chen joined Morgan Stanley earlier this month as a managing director and vice chairman within its FIG group. As senior investment bankers are increasingly looking to move from large firms into boutique […]

It’s OK – even if investment banks decide to move a “significant proportion” of their London operations to Continental Europe if the UK fails to secure any passporting rights after the Brexit vote, most the jobs going will be on the trading floor. All those lovely advisory jobs will stick around and London will still be a heavy-hitter on the […]

Mark Wall, chief economist at Deutsche Bank, has put together a little guide to Brexit-related-systemtic doom for any pessismists out there. Here’s our redacted version… 1. Brexit means lower growth and more uncertainty Brexit is not happening in a vacuum: “It is a shock to an already vulnerable system,” says Wall. “The situation is extremely unstable and if not taken […]

A civil action was filed in Georgia last year after an 18 year old girl who was allegedly using a SnapChat speed filter while driving at 107 MPH caused an accident. The complaint alleges that not only should the young girl be held liable, but SnapChat should also be held liable because in producing the filter they were were negligent […]

Facebook et Google sont des partenaires de choix pour des établissements financiers en quête d’innovation. Qui risquent d’être un jour réduits à un simple rôle d’infrastructures. De plus en plus court-circuitées par les GAFA qui se lancent dans les services financiers, les banques vont-elles devenir de simples infrastructures sans lien direct avec les consommateurs ? Certes, les géants du Web s’en défendent […]

Congress has finally passed the anticipated Defend Trade Secrets Act of 2016 (DTSA). The bill, which is now on its way to the White House and is expected to be signed by President Obama, will be effective immediately once it is signed into law.  The Backdrop In the last few years, Congress and the Obama administration have paid increasing attention […]