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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 […]
The demise of the banking elite and rise of the smug compliance person
So you want to have a banking job? And you want to have a banking job in the so-called ‘front office’, where you will be able to earn lots of money and make calls on the direction of asset prices? Good luck to you. While hundreds of thousands of people work in banking worldwide, the […]
The perfect personality for working in banking
When Sergio Ermotti, group chief executive of UBS, participated in a panel discussion at the St. Gallen Symposium in Switzerland recently, he admitted that there might be some colourful characters working for UBS. ““Of course there are going to be some people who are crazy. No matter how well we screen,” he told attendees. Crazy is […]
Horror as philistine bankers crash the hipster art scene
Hipsterism should rank somewhere near the top of Maslow’s hierarchy of needs. Once you’ve achieved the apartment, the car and the girlfriend, cultural credibility comes next. Bankers want to be hipsters. Hipsters are not always cool about this. “When the Art Car Boot Fair started in 2003, it attracted a kind if huge extended family […]
When investment banking jobs lead to a dead end
If you want to work a 40 hour week, investment banking is not the place to do it. One junior investment banker got in touch with us via Twitter to say he’s usually done 40 hours by Tuesday – or maybe Wednesday. “I normally hit 40 hours by late on Tuesday,” he claimed – before admitting […]
Perfect profiles for careers at Goldman Sachs, J.P. Morgan and others
If you want to work in banking but are uncertain as to what the biggest banks look for when they hire, we may have some answers for you. We’ve combed through the eFinancialCareers database to look for the commonest features of people who work or have worked in nine of the biggest banks in the […]
Nine ways to stay motivated in a job you hate
Pay is shrinking, promotions are scarcer and the prospect of redundancy has been hanging over the head of many financial professionals for the past two years. In such circumstances it’s understandable that you may have lost your mojo. In fact, bankers have gone from go-getters to adopting the sort of attitude more commonly found in […]
Stephen Hester and the art of appearing posh in banking
If you work in the City of London – and arguably on Wall Street – there is a trick to gaining the immediate respect of your peers. And that is to speak in a certain kind of international accent which underlines your cosmopolitanism. “It’s a kind of louche continental accent with an American twang,” said […]
Why big banks are still getting it wrong in the Middle East
Big banks still can’t make it work in the Middle East, according to Manuel D. Ron, global head of co-development and investment banking at Integration Capital & Trade (ICT) – an international firm that focuses on Saudi Arabia. Ron, a former US army lieutenant who began his career at Citigroup in the 1980s, has worked […]
Lavish lifestyles keep high-rolling bankers hooked on Singapore
Singapore’s main lifestyle drawcards were once only of the serious sort: good schools, upmarket apartments, excellent public transport, and clean air (at least compared with Hong Kong). These days, however, bankers are finding new, more frivolous, reasons to adore the city-state. Singapore boasts the densest millionaire population in the world – and there are some […]
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