Equities upset at Nomura as laid off banker gets miraculously rehired
Nomura’s equities business has not been a happy place to be. As we were first to report in March, the Japanese bank cut around 20 senior equity research staff shortly before bonuses were due to be paid. Now, it seems one of them has been reinstated. Headhunters said Nick Coulter, a food retail analyst, who […]
Twenty five people who can get you a job in banking
If you want a job in banking, you will need to network. A failure to properly engage and to direct applications to named individuals is one reason why your attempts to land a job in banking may fail. With this in mind, we’ve provided a non-comprehensive, non-alphabetical, sort of off-the-cuff list of some of the […]
CFA Institute’s six steps to fix the global financial system
How do you even begin to fix a financial crisis that cost at least US$12 trillion and wiped out 20 million jobs? This is the task that the Chartered Financial Analyst (CFA) Institute has taken on, unveiling a a six-step solution drawn up by an advisory committee under the the leadership of Professor John Kay, visiting Professor of […]
Wall Street for Dummies: Meet the Latest Must-Have Resume Stuffer
When you think of Wall Street, you probably conjure up thoughts of highly-educated, affluent bankers – money managers with MBAs, CFAs and a host of other credentials. But the truth is, only around 10% of those working at large banks are directly involved in managing securities. The other 90% work in compliance, human resources, legal, […]
FCA chief: The EU bonus cap is not a good idea. The rise of the ethical banker
The EU bonus cap will do little to rein in pay or reduce the poor behaviour of investment bankers believes Martin Wheatley, the chief executive of the newly created Financial Conduct Authority. Speaking at the London Business School Global Leadership Summit in the City today, Wheatley said that capping banker bonuses to 100% of salary […]
Late Lunchtime Links: Bankers excluded as Google convenes secret London ‘Zeitgeist’ meeting for new power brokers
If you’re one of the power-brokers in today’s world, you will know what is meant by ‘Zeitgeist at the Grove.’ If you’re not, you may think this is a fashion show in a leafy glade – in which case you would be very wrong. Yesterday was the start of Google’s annual two day ‘Zeitgeist’ meeting […]
Bankers advised to seek ‘toilet cleaner job descriptions’
If you work for an investment bank, you may feel that a grandiose job description is your due – particularly now that pay is being restricted by the likes of the European Union. However, bankers are being warned against seeking overly important job descriptions. If you’re a banker, it’s far better for your job to […]
The inexperienced 20-somethings every bank wants to hire
The life of an athlete isn’t always the glitz, glamour and huge pay days associated with football, the NFL and basketball. Many competing at an elite level do so in sports that offer little financial reward, but still require the same focus, commitment and sacrifice. Career planning can fall by the wayside, but financial services […]
The seven mental disorders most prevalent in financial services
Financial 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 […]
Eight Ways to Maximize Your Relationships with Financial Recruiters
Financial services recruiters can be a great resource, but if you don’t pick the right ones or fail to work with them strategically, you’ll end banging your head against a wall and going home jobless. Here are some hints from recruiters themselves on how to get the most out of the relationship and make the […]
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