Bart Turtelboom

Ex-GLG stars poach Man Group colleagues ahead of new fund launch

APQ Partners, the emerging markets hedge fund set up by ex-GLG Partners traders Bart Turtelboom and Karim Abdel-Motaal, has been assembling its investment team from Man Group veterans ahead of its launch. Its maiden fund, Alexandria, is one of the most hotly-anticipated hedge fund launches of 2013 and is set to raise up to $500m. […]

Deutsche Bank

Daily Dispatches: Deutsche nabs senior Singapore banker

In one of the worst-kept secrets in Singapore banking circles, Deutsche Bank has finally confirmed the hiring of former J.P. Morgan investment banker Philip Lee as chief country officer for Singapore and vice-chairman for Southeast Asia. Lee left the US bank last month amid strong rumors that he was Deutsche bound. “Lee is a really […]

Marcus Harvey, looking sceptical at the Art Car Boot Fair

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 […]

Is investment banking becoming a dead end job?  (Photo credit: andy in nyc)

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 […]

Bad boss

Women in hedge funds need to shout about their success

Hedge funds attract people with a certain swagger about them and unquestioning faith in their own abilities; alpha male characters who claim they can generate that elusive quality known as – well –  ’alpha’. Women are not known for blowing their own trumpet, which is a shame because they’re generally very good hedge fund managers. […]

How to keep your career in banking

Seven ways to keep your job, suggested by Goldman Sachs, Deutsche, UBS

Analysts at Goldman Sachs, Deutsche Bank and UBS have all released reports on the current state and future of the investment banking industry. They conclude that things aren’t too great. Goldman analysts in particular spoke to the great and the good of the banking world – interviewing everyone from Jamie Forese, co-president of Citigroup and chief […]

rbs-raining

RBS takes the axe to senior investment banking tech team

Royal Bank of Scotland has cut three senior technologists in its investment bank as it looks to streamline its IT functions. Jon Butler, head of electronic trading, markets at RBS and Ian Morris, head of prime services and financing technology have left the bank, according to sources close to the situation. Butler is relocating to […]

Or not

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 […]

The Abu Dhabi Grand Prix is indicative of the emirate's desire to host big sporting events

Abu Dhabi: The new Middle East option for bankers who don’t like bling

The bright lights of Dubai have long attracted both bankers and tourists who enjoy nightclubs, roof-top bars, ostentatious hotels, extravagant beach resorts and legions of giant shopping malls. However, there’s a new contender for the place-to-be as an expat financial services professionals – Abu Dhabi – and it’s a good option for those seeking the […]

citigroup

Daily Dispatches: Citi makes big hire in Australia

Some rare hiring news from an international bank in Australia. Citigroup has poached UBS’ co-head of private equity Aidan Allen to lead its own private equity team. The Sydney Morning Herald described the move as one of the “most significant” of the last few years, and a “direct challenge” to Citi’s competitors because Allen is […]