Steve Cohen might be reappearing in Mayfair. The 50 people he used to employ in London are now dispersed far and wide.
You want to leave finance. Don't go there alone.
Deutsche Bank has already partially popped its fixed income bubble.
Next time someone informs you that investment banking has fallen out of favour with young people, and that young people want to become financial technology ('Fintech') professionals instead,…
So you thought Morgan Stanley might pick you up if you lose your job in fixed income? You might be wrong.
It's not turning out to be a good week for Deutsche Bank. And how do you really differentiate yourself if you want a job in finance?
While most banks pull back from fixed income, one is swimming against the tide.
Greece was a way for young hedge fund managers to make a lot of money. Not any more.
J.P. Morgan's infrastructure staff are seemingly being incentivised to move to the seaside.
Gary Cohn and Lloyd Blankfein are very different. And it's not just a question of height.