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The seven mental disorders most prevalent in financial servicesFinancial services professionals are under pressure. In an environment where bankers are vilified, job prospects are increasingly limited and the prospect of redundancy looms large, mental health issues are becoming ever more common in the financial sector. In fact, according to research released this week from Legal & General, depression and anxiety in the financial […] |
Sneak Attack Blinds J.P. Morgan Shareholders Ahead of Dimon Vote
A firm you have probably never heard of, which does a job you probably didn’t think was necessary, may have just boosted J.P. Morgan Chief Executive Jamie Dimon’s chances of holding on to his role of chairman. New York-based Broadridge has, what is on the surface, a rather minor role in proxy decisions. It tallies […]
Daily Dispatches: VTB stacks the deck for push into China
Russia’s VTB Capital has made two senior hires in its Hong Kong office to support expansion plans in the Asia-Pacific region. Xin Lin is the new head of multi-product sales for China, and joins from Nomura in Hong Kong where she had been Head of Global Finance, COO of China, since 2008. Wei Chen joined VTB Capital’s Corporate […]
Six ways multinationals can nurture Singaporean talent
Global companies in Singapore with aggressive ambitions for Asia have started ramping up internal programmes to advance the skills and experience of nationals. Success in Asia is increasingly being linked to the visible diversity of top executive leadership – and international banks have responded accordingly. The Tripartite Alliance for Fair Employment Practices (Tafep) recently published […]
Fearful of returning to France, French bankers sit it out in South Kensington
Things are not going well in France. Michael Hintze, founder of hedge fund CQS, has pointed to a recent spate of car burning as a leading indicator of French social unrest. A report from the Pew Research Center found that the French were particularly dispirited within Europe: 91% of them say their economy is doing […]
Late Lunchtime Links: Can Morgan Stanley fixed income bankers trust Gorman when he says their jobs are safe?
Morgan Stanley’s fixed income bankers have nothing to fear. Despite presiding over the worst performance of any major bank in fixed income sales and trading in the first quarter (a 44% year-on-year decline), they will not be losing their jobs: James Gorman is perfectly happy with them. So said Gorman at a fixed income investor […]
This Screenshot Typifies the Life of an Investment Banker
Investment bankers make plenty of money, but it often comes at a price, for the banker and their family. This screenshot, taken by an investment banking source at Barclays, paints this picture with clear strokes. The bank is hosting an upcoming event called “The Nanny Factor,” which will cover the “challenges and benefits” of someone […]
Euro Banks Sharpening Their Axe for Shareholders’ Sake
Two European banks – HSBC and Royal Bank of Scotland – will yet again rely on job cuts in an attempt to nurse their balance sheets back to health. RBS acknowledged that it will need to cut an unknown number of jobs and close additional branches as it completes its restructuring process and looks to […]
Tax free investment banking salaries on the up in Dubai
If you’re a senior investment banker looking for a new position, the United Arab Emirates is not necessarily the best place to apply – jobs have been cut, few new opportunities are presenting themselves and the anaemic fee pool has only been edging up for the past few years. There is one advantage to making […]
Want a job in finance? Hot qualifications in London, New York, Asia
Not all finance qualifications were created equal. And not all finance qualifications are equally relevant in different global markets. Based upon the jobs currently advertised on eFinancialCareers and the finance résumés uploaded into our own database in the past three months, we’ve put together the following helpful ranking of qualifications most likely to land you a […]
Deutsche Bank targets Latin America’s richest and bolsters U.S. ETFs
Building on burgeoning ultra high net worth clients in Latin America and growing ETF interest in the U.S., Deutsche Bank has hired veteran manager Jerry W. Miller to help re-brand and integrate its Asset & Wealth Management business. Jerry W. Miller, who will be based in New York and report to Michele Faissola, Head of […]
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