Posts by Sarah Butcher

Paranoia is stalking Credit Suisse's investment bank, but it may prove unnecessary. (Photo: BigTallGuy)

Paranoia stalks Credit Suisse’s investment bank

While Citigroup’s 11,000 dramatic redundancies are making the headlines, a more insidious form of job reduction seems to be taking place at Credit Suisse. The Swiss bank is in the process of implementing the additional $1.1bn of cost savings it announced in October and is cutting jobs in the process. Some of these cuts have […]

©istockphoto/pagadesign

Investment banks’ graduate interview questions – UPDATED

What will you be asked if you interview with an investment bank, either as a graduate or as an intern? We’ve updated our list of sample interview questions for you (the new entries have ‘NEW’ written alongside them). The list below has been sent to us by eFinancialCareers readers. We can’t totally verify the questions’ […]

It's not just about big banks (Photo credit: Wikipedia)

4 financial services firms which you not be aware of, but which offer graduate training

It’s not all about big banks. There are plenty of other fish in the graduate hiring sea – they may not be as big, as prestigious, or hire as many people, but because they’re not very well known, they may also offer a better ratio of applications to graduate places. After all, the large investment […]

Political risk is a big issue now, says Goldman

Goldman Sachs is emerging as a nice, steady, place to work. These are the barriers to big hiring

Yesterday was Goldman Sachs 3Q results day. Needless to say, this was eclipsed by the unexpected news that Vikram Pandit had resigned as CEO of Citigroup. Now that the Citi dust has settled, Goldman’s 3Q merits further inspection. The past quarter suggests Goldman is endeavouring upon a firm, steady, sustainable course. Unlike it’s 2Q results when an […]

Maybe she wouldn't cause chaos after all

Business by business, here’s where the highest percentage of Continental Europeans work in the City

Theresa May has struck again. In May, she suggested that she might like to impose restrictions on the number people from elsewhere in the European Union who can work in the UK. At the weekend, she reiterated her idea. And this time she appears to have the backing of David Cameron – who says he […]

Squeezed, again

Pay could be especially reduced for junior bankers at Morgan Stanley. And this looks ominous for equities-related jobs at Barclays

James Gorman has spoken, again. Gorman has a predilection for making aggressive statements about investment banking pay, but his statements are usually aimed at high-earning senior bankers. Now, he seems to have taken a pot-shot at juniors.   In a lengthy interview with the Financial Times, Gorman says variously that investment bankers in general are […]

Want to work in M&A in Russia or Eastern Europe? These are the market leaders

As we noted earlier today, league tables for M&A activity in the first nine months of the year are out. We’ve given you the market leaders in key sectors across Europe, but Dealogic helpfully provides an additional breakdown of the top M&A banks in Russia and Eastern Europe. Deutsche and Goldman Sachs look strong in both places. […]

Timed to take a knife to equities at Citi? (Photo credit: Wikipedia)

Now is not a good time to be an equity derivatives strategist, and when will Citi properly cut its bloated equities team?

After sweeping aside some of its London equity derivatives team earlier this year, Bank of America Merrill Lynch has been doing a little equity derivatives hiring. When we looked, it had brought on board both Sem Hamzaoui, an equity derivatives analyst from Nomura, and Akshay Sawhney, a corporate equity derivatives originator from Deutsche since July. However, […]

Boutiques are 'tweezering' out top M&A bankers

7 interesting M&A boutiques, and who they’re hiring – or not

At the risk of excessive reiteration, M&A boutiques are hot. In a quiet market, the best boutiques are working on some of the biggest deals. As banks falter, some of the bigger boutiques seem to be thriving - Gleacher Shacklock, Lazard and Evercore have all achieved strong gains in their advisory revenues according to their most recent […]

Now hiring

This is what you need to know about financial services hiring in Russia this week

It’s the end of a fairly busy week for financial services recruitment in Russia. There has been some hiring. Deutsche Bank has appointed Pavel Teplukhi, previously of Troika Dialog, to head its Russian business.  BrokerCreditService has hired Kirill Chuyko from UBS as its chief strategist, senior metals and mining analyst and its co-head of equity research. And Troika Dialog […]