The Review

How to get into banking with no experience, by an ex-analyst at Morgan Stanley
by / on 22/01/2018 at 22:00 / in The Review

How to get into banking with no experience, by an ex-analyst at Morgan Stanley

Many students want to break into investment banking, but have no finance experience and come from non-target schools. They often ask, “How do I get a finance job when they all require prior experience – which I don’t have?” It’s a chicken-or-egg issue, and students in this situation are often unable to stand out and land stellar jobs. To get […]

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Where the worst Wall Street bonuses will be this year
by / on 10/01/2018 at 23:40 / in The Review

Where the worst Wall Street bonuses will be this year

While most banks haven’t yet announced their 2017 bonus payouts or fourth-quarter results, those announcements are coming soon to Wall Street. Some bankers are looking forward to cashing what they assume will be a hefty check, while others are filled with trepidation, interpreting the tea leaves to mean that they are in for a major disappointment. Based on what we […]

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You’re in the wrong Wall Street job. Here’s what to do about it
by / on 09/01/2018 at 11:00 / in The Review

You’re in the wrong Wall Street job. Here’s what to do about it

If you’re miserable in your current job, don’t assume you’re stuck. The robots may be coming for you, or your business area may be in structural decline, but there is hope – follow these steps to land a better Wall Street job. 1. Get a feel for the market You shouldn’t blindly quit your job if there are no opportunities […]

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Why investment bankers cry in the work washrooms
by / on 03/01/2018 at 14:00 / in The Review

Why investment bankers cry in the work washrooms

Bankers love to cry. Go check out the men’s room stalls and you’ll see what I mean. They’re in there. I’m not one to talk. I’ve cried too. What brings this on? I’ve worked in banking 18 years. Here’s when I’ve seen grown men break down into tears. Got fired Lets start with the obvious ones. This is has got […]

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Rokos Capital Management hired a top technologist from Barclays
by / on 03/01/2018 at 12:00 / in The Review

Rokos Capital Management hired a top technologist from Barclays

Former Brevan Howard star trader Chris Rokos’ $6.8 billion hedge fund has roped in yet another senior executive from Barclays, continuing its hiring spree in London as it expands its UK operations. Dan Azzopardi, a former director at Barclays Capital, joined Rokos Capital Management as the chief technology officer (CTO) in December. Azzopardi comes with 17 years of experience. Alongside […]

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Banking vs. consulting. – Which is really best now?
by / on 28/12/2017 at 23:30 / in The Review

Banking vs. consulting. – Which is really best now?

Investment banking and strategy consulting are like avocados and quinoa: both attract the elite (or, in the words of one ex-McKinsey director, “insecure, deeply left-brain, hyper-intellectual, OCD over-achievers.”). Both pay well. Both involve some serious commitments of your time and some heavy academic achievements. This is not to say that banking and consulting are equivalent careers though. Like avocados and quinoa, they have some […]

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Why your chances of landing a job at Moelis are slimmer than ever
by / on 26/12/2017 at 21:00 / in The Review

Why your chances of landing a job at Moelis are slimmer than ever

In June. Moelis & Co celebrated its 10-year anniversary, and a lot has changed for the independent investment bank in the ensuing decade. That first year, it hired three students who started as analysts after they graduated. Now Moelis makes more than 100 graduate hires every year, although the odds of landing one of those IB analyst roles has shrunk since the volume […]

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Another bank announced bonuses. But there’s a catch
by / on 25/12/2017 at 19:00 / in The Review

Another bank announced bonuses. But there’s a catch

As the end of year approaches, more banks are divulging bonuses. The latest to go is Berenberg in London. As at RBC last week, Berenberg’s London bonuses seem surprisingly acceptable (given dire predictions for the sell-side). They are also paid entirely in cash, but… there’s a sting in the tail. German-based Berenberg is a partnership 30% owned by the Berenberg […]

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What to say to relatives who inform you banking is immoral at family gatherings
by / on 24/12/2017 at 17:00 / in The Review

What to say to relatives who inform you banking is immoral at family gatherings

Beyond the bubble of Wall Street and the City of London, the banking industry still does not have the best of reputations. Christmas – when extended families assemble for food and alcohol – is an occasion when banking’s not so good reputation can be pressed upon its practitioners by the likes of emboldened, inebriated, relatives. Take the experience of Goldman Sachs […]

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The three best jobs on Wall Street in 2018
by / on 20/12/2017 at 18:00 / in The Review

The three best jobs on Wall Street in 2018

While no one can predict the future, it’s still possible to examine banks’ activities and performance and read the tea leaves to figure out which roles are likely to be best at Wall Street banks in 2018. Our verdict is as follows. If you could work in any role on Wall Street next year, you should choose one of the […]

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