Post Tagged with: "Junior"

10 things to know about global banks’ new Asian hiring spree
by / on 14/11/2017 at 10:00 / in The Review

10 things to know about global banks’ new Asian hiring spree

Global banks will step up their hiring in China following Beijing’s landmark decision last week to allow them majority stakes in joint ventures with mainland securities companies. But don’t expect the new jobs to be advertised any time soon, say recruiters. Western banks have long complained that current laws, which limit them to owning 49% of their JVs, thwart their […]

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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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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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Point72 Asset Management is looking for “rogue nerds”, expanding its junior recruitment
by / on 06/11/2017 at 23:30 / in The Review

Point72 Asset Management is looking for “rogue nerds”, expanding its junior recruitment

Steve Cohen’s family office Point72 Asset Management is on the hunt for “rogue nerds” and has stepped up the search for talent by scouring the junior ranks of investment banks and top hedge funds as it expands its academy programme. Jaimi Goodfriend, head of Point72’s training Academy, says the firm started ‘Academy 2.0’ earlier this year. Its purpose is to target […]

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Junior male bankers complain of harassment by women in HR
by / on 20/10/2017 at 17:00 / in The Review

Junior male bankers complain of harassment by women in HR

Maybe it was inevitable. No sooner had a junior female intern at a bank in London complained ofinappropriate advances from her (male) boss during her internship last summer, than male bankers have begun complaining of abuse by senior women – and particularly by senior women in HR. Two men have taken to the comments box below our previous article to […]

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À quels salaires les banquiers d’investissement débutants peuvent-ils prétendre en France ?
by / on 19/10/2017 at 12:45 / in Management

À quels salaires les banquiers d’investissement débutants peuvent-ils prétendre en France ?

Nous abordons souvent dans nos colonnes les salaires des banquiers expérimentés mais qu’en est-il des rémunérations des banquiers débutants ? Pour le savoir, nous avons demandé au site de benchmarking de salaires dans le secteur financier Emolument.com de nous fournir des données pour la France. Voici donc les salaires brut annuels (hors bonus) auxquels vous pouvez prétendre, sur la base […]

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Point72 wants young women and atypical 20 year-olds
by / on 09/10/2017 at 11:00 / in The Review

Point72 wants young women and atypical 20 year-olds

It’s not easy to find exceptional 20-somethings to join a hedge fund nowadays. Admittedly, Steve Cohen’s Point72 isn’t strictly a hedge fund (it’s a family office managing Cohen’s own money), but it suffers from this problem all the same. Last year Cohen publicly bemoaned the lack of decent talent. Since then, Point72 has ramped-up a machine-learning program to try automating trading […]

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UBS’s top banker’s big break at 27. The one trait that will get you hired
by / on 04/10/2017 at 12:00 / in The Review

UBS’s top banker’s big break at 27. The one trait that will get you hired

It’s difficult to imagine for students toiling away through multiple internships, while attempting to secure amazing academics to land their first banking job, but things were a little more relaxed for the generation that’s currently heading up the big banks. Lloyd Blankfein told Goldman Sachs’ interns last year to ‘chill’and find themselves a little before striving towards banking. Now Sergio Ermotti, UBS’s […]

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Head of tech M&A boutique: big banks’ ex-juniors are no good
by / on 03/10/2017 at 09:45 / in The Review

Head of tech M&A boutique: big banks’ ex-juniors are no good

The trouble with big investment banks is that they don’t usually make unwanted analysts and associates redundant. Instead, they gently encourage their most unsuccessful juniors to find employment elsewhere. This makes life confusing for anyone hiring young people leaving big banks. Paddy MccGwire should know. As the managing director of Silverpeak, a London M&A boutique, he’s hired his fair share of […]

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The 10 ways to get a first job in an investment bank
by / on 03/10/2017 at 08:30 / in The Review

The 10 ways to get a first job in an investment bank

If you’ve tried applying for a job in an investment bank, you’ll know that getting one isn’t easy. You’ll know that there are a lot more applicants than jobs (eg. 50:1), especially for the supposedly “sexy” jobs in thefront office.  You should know too, therefore, that success takes persistence. You might fail once, you might fail twice, you might fail six […]

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