GF
Your search results:
A quantitative prop trader reveals all about his job
For its excellent series of banking talking heads, the Guardian has interviewed someone claiming to be a, “quantitative prop trader,” if you’re interested in working in trading, you may be interested in the fundamentals of his role – which we’ve extracted below. (Bear in mind, that the ‘Volcker Rule’ means many US investment banks have [...]
Two investment firms talking up MENA expansion
Private equity is an obvious exit option for any investment bankers considering their career choices currently and, as we’ve touched upon before, it’s offering decidedly more job opportunities in the MENA region. The latest example of this is PineBridge Investments, which is likely to expand its MENA footprint. It’s just hired Talal Al Zain, who [...]
Q&A: JPMorgan’s head of global alumni relations explains why JPMorgan would like to hire its alums, or people recommended by them
Having visited JPMorgan’s website and observed the prominence being given to its alumni portal, we asked Catherine Coluzzi, executive director and head of global alumni relations at the bank whether it’s got a renewed push to hire alums. This is what she told us: Q: We noticed JPMorgan is giving a lot of prominence to its [...]
GUEST COMMENT: My experience of the Goldman Sachs graduate recruitment process
I recently got an offer for a summer internship at GS. Having gone through the application process at a few banks, I can say that the Goldman recruitment process is unique (caveat – I’m based in continental Europe, so they may run a different process for European students, although I don’t think so). Here are [...]
Would you stick around in the Middle East if income tax was imposed?
In Qatar and the UAE it’s the locals in the banking sector able to earn the more attractive salaries. In Saudi expat pay outstrips that of the indigenous population in the private sector. Nonetheless, a controversial plan to introduce income tax for expats to level the playing field has been rejected by the government. All [...]
Who hired in the Middle East in March?
Except at the executive levels, new hires have been few and far between in the Middle East financial sector in March, which is indicative of the cautious job market currently. The Abu Dhabi Securities Exchange has named Mohammed Al Shazeli as market development officer. Barwa Bank, the Islamic institution, has named Hussain Al Abdullah as [...]
HSBC will try to hang on to Lloyds’ UAE staff after takeover
HSBC is cutting back its MENA headcount, but is still aiming to retain as many Lloyds Banking Group employees as possible following the acquisition of its UAE operations. HSBC’s Middle East operation revealed yesterday that it was set to take over the onshore retail and commercial banking business of Lloyds – a venture that employs [...]
Counter-offers of up to 25% are becoming more common, but is it wise to accept one?
As a financial services professional in the Middle East you don’t need telling again that times are tough currently. However, in certain positions, employers are so keen to keep hold of their staff that they’re putting counter-offers of up to 25% on the table. In the main, according to research by recruiters Robert Half, those [...]
The time is approaching when it’s safe to return to a broking role in Dubai
Brokerages in the Middle East need some reasons to be cheerful, and there’s a renewed sense of optimism that a turnaround is on the cards. So much so that people who left the industry are talking up the possibility of a return. We highlighted the story of Nabil Rantisi, former director of brokerage Rasmala Investment [...]
Q&A: An anonymous Russian trader at Deutsche Bank in London explains how to build a trading career
eFinancialCareers continues its series of interviews with Russians who have moved to work abroad. This week, we’ve spoken to a senior trader in Deutsche Bank’s London office who has asked to remain anonymous. Why and when did you leave Russia? I left at sixteen with my parents, scientists, who went to Switzerland in the early [...]
Advice
