The Review

What Jamie Dimon wants from 20-something bankers. London banking jobs salvation
by / on 13/11/2017 at 12:30 / in The Review

What Jamie Dimon wants from 20-something bankers. London banking jobs salvation

Jamie Dimon said that he never wanted to be an investment banker or a trader, he just wanted to “see a large corporation from the inside”. This, he says, is why he turned down offers from Goldman Sachs, J.P. Morgan and Morgan Stanley to work alongside Sandy Weill at American Express. Nonetheless, financial services – and large banks – are still […]

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J.P. Morgan M&A EDs are leaving in search of promotion elsewhere
by / on 11/11/2017 at 19:52 / in The Review

J.P. Morgan M&A EDs are leaving in search of promotion elsewhere

When Goldman Sachs made its managing director promotions this week, 101 of its new MDs were in the investment banking division (IBD). That’s not bad: 96 of Goldman’s MD promotions were in IBD last time the bank made promotions (in 2015) and this was feted as a great success. But while Goldman is elevating its next generation of investment banking talent, there are […]

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The big problem with DIY quants
by / on 10/11/2017 at 11:15 / in The Review

The big problem with DIY quants

This year, quants are the new rock stars of finance. Hedge funds, asset managers and investment banks are all rolling out the red carpet for those who can write algorithms that will ensure they get ahead of the competition as Wall Street restructures itself around a brave new world of artificial intelligence, quantum computing and huge reams of structured third-party […]

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Morgan Stanley analyst quits for hot tech firm tackling huge real world problems
by / on 09/11/2017 at 17:00 / in The Review

Morgan Stanley analyst quits for hot tech firm tackling huge real world problems

MiFID II comes into force in January next year, and if you’re a not a star equity research analyst in the senior ranks, it’s likely to bring in a new era of precarious employment prospects. Analysts have, of course, been looking for new pastures – whether that’s a comparatively safe home on the buy-side, or investor relations. Laura Ashworth, an […]

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“Sexual harassment is horrific in the financial recruitment industry”
by / on 09/11/2017 at 13:30 / in The Review

“Sexual harassment is horrific in the financial recruitment industry”

Hollywood had its Harvey Weinstein moment. Banking had its BNP Paribas moment. Now it seems that financial recruitment firms need to have a moment of their own: women in the recruitment industry say harassment and sexism is endemic and that almost nothing is being done about it. “I hear what women say about the sexism on trading desks and I […]

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What to do now if you want a new job when your bonus lands
by / on 09/11/2017 at 11:00 / in The Review

What to do now if you want a new job when your bonus lands

Don’t assume because few people move jobs at the end of the year that now is the time to sit pretty where you are. In fact, the tail end of 2017 is the perfect time to start looking for a new role, particularly if you want to leave shortly after the bonus check hits in January or February. “Historically, on […]

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Hong Kong investment bankers quietly “hopeful” about 2017 bonuses
by / on 09/11/2017 at 00:30 / in The Review

Hong Kong investment bankers quietly “hopeful” about 2017 bonuses

Hong Kong investment bankers working for global firms are more upbeat about their bonus prospects than they have been for years, say headhunters and bankers. “The hope is that bonuses will be better than they have been for the past five years,” says Nick Green, a partner at headhunters Odgers Berndtson. “Market sentiment in Hong Kong is a lot more […]

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How to infiltrate Bridgewater’s “circle of trust”. The new upside to equity research
by / on 08/11/2017 at 16:00 / in The Review

How to infiltrate Bridgewater’s “circle of trust”. The new upside to equity research

If you’ve ever wondered what the downside is to earning big bucks at a hedge fund, look no further than non-compete agreements. Imagine signing up to a job only to be told that a condition of your continued employment is saying ‘no problem’ to the prospect of staying away from working for a competitor for two years after you decide to […]

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How Credit Suisse is changing who it hires because of artificial intelligence
by / on 08/11/2017 at 00:15 / in The Review

How Credit Suisse is changing who it hires because of artificial intelligence

The surge in demand for data science specialists seems a little like putting old wine in a new bottle. After all, both buy-side firms and investment banks have long used structured datasets to inform their investment decisions, so why the sudden surge in demand for seemingly unobtainable talent? In a nutshell, artificial intelligence and machine learning are changing everything. “On the […]

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Jack Ma-backed Hong Kong fintech firm has hired a new brokerage head from Goldman Sachs
by / on 07/11/2017 at 10:00 / in The Review

Jack Ma-backed Hong Kong fintech firm has hired a new brokerage head from Goldman Sachs

Yunfeng Financial Group, the Hong Kong financial technology firm backed by Alibaba billionaire Jack Ma, has hired a senior Goldman Sachs technologist as its head of brokerage. Yali Zhu has joined Yunfeng at managing director level, according to her online profile. She had been at Goldman for 12 years and was latterly an executive director and strategist for its Asia […]

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