The Review

Comparing investment banks’ training programs – which is best for you?
by / on 18/08/2015 at 10:42 / in The Review

Comparing investment banks’ training programs – which is best for you?

If you’re preparing your CV in application for a graduate program at an investment bank, you’ve probably been wondering which bank to apply to. Maybe you’ve been looking at the information on our student site? Maybe you’ve been looking at banks’ own graduate careers sites? If you’re still none the wiser, here’s our quick comparative guide to what you’ll actually do on […]

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Morgan Stanley, Goldman interns describe incredible ‘humility’, ‘friendliness’ of colleagues
by / on 10/08/2015 at 20:22 / in The Review

Morgan Stanley, Goldman interns describe incredible ‘humility’, ‘friendliness’ of colleagues

Internships in investment banks are like summer camps for high-achieving insomniacs. Such is interns’ eagerness to work ridiculously hard that banks like Goldman Sachs have been compelled to introduce rules commanding them to go home at night and interns themselves have reflected on their inability to make time to use the toilet. This being the case, you might think that a […]

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Private equity’s ‘Golden Age’ is finally coming to an end
by / on 07/08/2015 at 12:30 / in The Review

Private equity’s ‘Golden Age’ is finally coming to an end

It has taken a while, but investment firms are shedding the last of those mega-buyouts that happened before the financial crisis. Nearly three years ago I wrote how private equity firms still owned most of the mega-cap companies they acquired between 2005 and 2008, which Carlyle Group  co-CEO David Rubeinstein termed the industry’s “Golden Age.” But that number is now […]

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Two top M&A bankers at Barclays and Deutsche have set out on their own
by / on 07/08/2015 at 11:30 / in The Review

Two top M&A bankers at Barclays and Deutsche have set out on their own

Both Barclays and Deutsche Bank are placing M&A and advisory banking at the heart of their nascent capital-light strategies. It’s maybe unfortunate, therefore, that both Barclays and Deutsche Bank have lost two of their senior M&A bankers to self-employment. Julian Vickers, the former global co-head of natural resources investment banking at Barclays, who left in July, has founded a boutique natural […]

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Which French investment bank should you go for now?
by / on 06/08/2015 at 11:29 / in The Review

Which French investment bank should you go for now?

When it comes to French investment banks, there are two big ones to choose from: SocGen and BNP Paribas, Both have now published their second quarter results. Both are cutting costs. Both have a reputation for paying badly (comparatively). But which is best? This depends upon your profession and your appetite for risk. 1. Choose SocGen for equities, BNP for […]

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The highest paid internships in banking and tech
by / on 05/08/2015 at 12:58 / in The Review

The highest paid internships in banking and tech

If you’re wondering whether to work in banking or technology, pay probably shouldn’t be your first concern. People who’ve been there and done both say lifestyle is the real differentiator: in banking it’s bad and in technology it’s not. Nonetheless, if you’re wondering where to complete an internship you’ve probably given some thought to how much you’ll earn. Banking interns […]

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Private Equity Sits Out the M&A Party
by / on 04/08/2015 at 11:41 / in The Review

Private Equity Sits Out the M&A Party

Private-equity firms are behaving like wallflowers at a global deal-making party. Just 5%, or $139.5 billion, of the $2.6 trillion of deals announced this year as of Aug. 3, were private-equity backed, according to New York-based data firm Dealogic. That is down from 9% as of Aug. 3 last year, and the lowest percentage for any similar period in 14 […]

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From investment banking to the buy-side and back again
by / on 04/08/2015 at 11:14 / in The Review

From investment banking to the buy-side and back again

The flow of investment bankers towards the buy-side in China – which was causing such headaches for sell-side firms in the region – is showing signs of reversal. Analysts hoping to escape long hours and earn more in private equity are returning again. “I’ve got two friends who moved from banks to foreign PEs such as Silverlake or Warburg Pincus,” […]

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Why UBS and Credit Suisse aren’t offering big money to hire Asia’s best bankers
by / on 03/08/2015 at 13:19 / in The Review

Why UBS and Credit Suisse aren’t offering big money to hire Asia’s best bankers

UBS and Credit Suisse are both all about Asian private banking right now. They need to hire more relationships managers (RMs) in Asia as they focus on capturing more assets from the region’s millionaires and billionaires. But with just about every other bank looking to expand their Asian wealth units, are the two largest private banks in Asia by assets […]

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Deutsche Bank hedge fund start-up consumed by larger rival
by / on 02/08/2015 at 14:33 / in The Review

Deutsche Bank hedge fund start-up consumed by larger rival

Two former Deutsche Bank managing directors, who started their own credit-focused hedge fund in 2013, have now joined Numen Capital in portfolio management and business development roles. In what looks like a straight takeover by a larger rival, Vassilis Paschopoulos, the former head of EU IG credit trading at Deutsche Bank, and Nikos Kargadouris, an ex-partner at Lucidus Capital Partners, […]

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