Posts by Sarah Butcher
Tell us your graduate/internship interview questions and you could win an iPod touch
Have you interviewed for an internship or graduate position at an investment bank, fund manager, hedge fund, or other financial services organisation in the past 12 months? We want to know what you were asked in order to build our existing stock of financial services graduate interview questions. If you want to be entered, all you […]
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 […]
The Mark Carney method of absolute refusal, followed by a massive pay increase
Mark Carney is to become the new governor of the Bank of England. He will serve a five year term starting July 1st 2013, after no more than a month’s holiday after leaving his current role as governor of the Bank of Canada. “I am honoured to accept this important and demanding role, and to […]
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’ […]
Late Lunchtime Links: 30,000 job cuts are not enough at HSBC. Big changes and hopefully good news for traders at Morgan Stanley
HSBC has already made a lot of redundancies: 30,000 to be precise. Some of these have resulted from business exits but others have resulted from so-called ‘organic’ culling. As we’ve noted before HSBC’s organic culling has focused on eliminating layers of middle management, although we understand a few equities bankers have also been trimmed. Unfortunately, […]
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 […]
Late Lunchtime Links: In the past year, Nomura has cut 112 people in the US, 552 people in EMEA. And its revenues have risen
Nomura’s results are out. As ever, the bank has provided a panoply of presentations, quarterly accounts and six monthly accounts, all of which are accessible here. What you most need to know, however, is that Nomura is cutting staff. Its wholesale bank is now profitable – just. And despite cutting staff, it has increased revenues. […]
These are some of the front office jobs that can’t appear to be filled quickly now
It’s that time of year: the fourth quarter – when front office hiring managers take a rest and redundant bankers realise they may be out of the market until Valentine’s Day. With this in mind, we’ve had a look at the front office jobs that banks are still advertising on their own websites now. Believe […]
Late Lunchtime Links: Lloyds may become the first to follow Deutsche in extending vesting periods. Who’s next?
When Anshu Jain and Jürgen Fitschen announced their plan to make senior managers at Deutsche Bank wait five whole years before they can get hold of any of their deferred bonuses, they admitted it was a risky move. No other banks have such widespread ‘cliff vesting’ for senior staff, conceded Jain. But he expressed the hope […]
Late Lunchtime Links: A bad day for equities bankers as both UBS and Barclays add to the glut of people already on the market
No sooner have US banks reported their third quarter results and revealed generally weak performances in equities sales and trading than European banks are rushing to cut staff. UBS’s cuts emerged first. Bloomberg reported yesterday that the Swiss bank is cutting 400 people in Europe – 10% of its front office employees in the region. […]
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