FI
Sector: Investment
GUEST COMMENT: The first 48 hours of redundancy are critical
Have you ever had a sporting injury? If so, you’ll know that taking some key actions in the first 48 hours plays a key part in minimizing damage and speeding your recovery. Whether you’ve strained a muscle, damaged some ligaments or incurred something more serious, it will help if you rest, apply ice or compression, [...]
Contraction of Danish banking may not be as bad as it looks
As Denmark’s banking crisis continues to unfold, it is becoming increasingly clear many bankers are facing a very uncertain future over the next few years. According to Henning Kruse Petersen, chairman of Denmark’s Financial Stability Company, around 75 of the country’s 90 local banks will need to disappear if the financial sector is ever to [...]
EDITOR’S TAKE: Why Steve Jobs would probably not have wanted you to be a banker
It’s late in the day and the obituaries have been flowing thick and fast, so we will keep this brief: Steve Jobs, founder of Apple, bringer of the iPod and iPad and various devices favoured by financial services professionals, would probably not have approved of banking as a choice of career. His reasons are embedded [...]
I was nearly an MD at Credit Suisse, but I gave it all up to teach Pilates
We speak to Thicha Srivisal, a Thai national and Singapore permanent resident, who gave up her well-paid director job at Credit Suisse to run her own business, Breathe Pilates. Ballet not banking I never grew up wanting to be a banker; instead my dream was to be a professional ballerina. When I was 12, I [...]
Techniques for turning on employers when you are massively overqualified
There’s a growing possibility that a lot of very talented, very highly qualified financial services professionals might be looking for jobs in the next 6 months. What should you do if you are among them? 1) Make it absolutely clear that you really want the job If you are applying for a job you could [...]
GUEST COMMENT: 19 steps to suffocating your career
1. Get caught up in your own world and busy life. 2. Don’t bother keeping in touch with your network of friends, ex-colleagues, ex-clients and contacts. 3. Get made redundant or learn your job is under threat. 4. Get back in contact with your network because you’ve heard the mantra: “Networking is best way to [...]
The new path to tread: from the Nordics to Hong Kong
Getting out of Sweden, Finland and Norway as fast as you can to London or New York is a path well-trodden for ambitious Nordic financiers. But bankers may also now wish to look east, to the financial hubs of Hong Kong and Shanghai, where Nordic financiers are increasingly making their presence felt. The newspaper China [...]
Danish banks facing a grim autumn
It’s probably going too far to get all Shakespearean and suggest there’s something rotten in the state of Denmark, but for ambitious bankers – or even just those keen for a bit of job security – the picture is unarguably grim at the moment. Jyske Bank announced earlier this week it is to cut 6.5% [...]
GUEST COMMENT: Unless you follow this advice, you will come to regret your exit interview
An exit interview seems like a riskless trade. A fifteen minute nirvana in which you get to vent your spleen after years of grovelling obeisance. It may seem that there’s limited downside to a frank and forthright exit interview. After all, you’ve already resigned. If you’re going to a competitor, there’s surely a limited amount [...]
FRED BAYR: What do recruiters do during hiring freezes?
Back in February, I revealed that the most enjoyable days of recruitment arise in bonus season when arrogant Oxbridge bankers come grovelling to us polytechnic parasites like their lives depend on us. Joy. However the worst time to be in recruitment is during the annual hiring freeze. This is usually reserved for Q4, but this [...]
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