I don’t mean to sound prurient, but the men in banking are all on top. And as you’ll know if you’ve worked in the industry, the women in the industry are all below them. I quit banking earlier this year because I was frustrated. Fed up with being a “pretty” woman who wasn’t being solely judged on my merits because […]

By all accounts, it’s not easy being a vice president (VP) in an investment banking division (IBD). Goldman partner Alison Mass says the VP years were the worst of her career, “definitely the most challenging”. VPs have to manage down and manage up and worry about never ever making MD. Steve Bannon was a VP in M&A at Goldman, until he […]

Si vous êtes jeune et avez fait de brillantes études, vous pensez que tous les portes vous sont ouvertes. Pour beaucoup d’étudiants et de banquiers d’investissement juniors, cela signifie partir et créer sa propre entreprise. Vous admirez Evan Spiegel et Mark Zuckerberg et une une petite voix intérieure vous dit que vous devriez suivre leurs pas. D’autant plus que c’est […]

Vis Raghavan, deputy CEO for J.P. Morgan in EMEA, has a method of working out whether someone is a good hire, and it involves a hypothetical old man. “I might say, imagine there’s an old man who is looking to invest his savings and he wants you to act for him,” he tells us. “I say, here’s $100, $1,000, $1m– what […]

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 […]

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 […]

Les analystes quantitatifs (ou ‘quants’) ont le vent en poupe dans la banque d’investissement, mais ils sont également sous estimés et sous-payés (du moins relativement). Mais ce n’est pas comme s’ils n’avaient pas d’autres opportunités : les meilleurs d’entre eux peuvent se faire embaucher chez Instagram ou Facebook. Ils peuvent aussi choisir de voler de leurs propres ailes. Le dernier exemple […]

Everyone knows that it’s difficult to get a trading internship at Goldman Sachs, but when you see 100 students from a single university gathered in a campus presentation where you’re told there are 10 available jobs across the bank, you realise how competitive it is. Earlier this year I was told that I was successful in securing an internship this […]

The hiring spree that saw Singapore’s three local banks increase their combined headcount by 1,272 people in 2015 came to an abrupt halt last year. At the end of 2016, DBS, UOB and OCBC employed 534 fewer staff in total than they did 12 months previously, according to their full-year financial results.     “There’s certainly been no headcount freezes, […]

While U.S. and European banks alike have been shedding headcount in leveraged finance, Chinese banks are pushing ahead with hiring on Wall Street. There’s just one catch – you need to speak Mandarin. Chinese banks are targeting bilingual experienced bankers in leveraged finance, primarily U.S. citizens or those with permanent residencies. Industrial and Commercial Bank of China (ICBC), China Construction […]