Company: Deutsche Bank

safety net

The Safest Jobs in Banking Are At…

Assessing job security on Wall Street used to be fairly straight forward pre-crisis. You’d look at a firm’s size, revenue potential and senior leadership, and you’d get a pretty good idea about the viability of the company over the next half-decade or so. It’s not that simple anymore. As impending rules and regulations polarize markets […]

Now hiring

Late Links: The only jobs you can still easily walk into in the City of London

If you’re looking for a job in the City of London, you may struggle to find one – unless you’re prepared to work on a short term contract. Today, two London recruitment firms issued gloomy statements about the state of the permanent hiring market. Astbury Marsden said the number of new permanent jobs in the […]

AnshuJain

Late Lunchtime Links: Anshu Jain delivers a mixed message for Deutsche’s investment bankers

There is good news and bad news for investment bankers at Deutsche. The good news is that revenues are holding up. The bad news? Deutsche hasn’t finished cost cutting. Bloomberg reports that Jain, Deutsche’s co-CEO and the former head of its investment banking division, delivered the mixed news during a speech in New York today. Deutsche’s […]

(Photo credit: Sean MacEntee)

Outrageous advice for converting your important banking internship

The summer is technically upon us and for students who find themselves on this website that probably means internships! Summer internships at investment banks have always been precious things. Getting an intern position often comes after a demanding numeracy test, a lengthy application form, a gruelling assessment day and a then, if you’re lucky, an […]

Job interview

Five Questions Investment Bankers Must – and Must Not – Ask in Interviews

Talk to any career coach: the questions you ask in interviews are just as important as the ones you answer – sometimes more so. But it’s not about unloading a list of mundane inquiries. You’ve got to choose your questions wisely, particularly in investment banking interviews where time is money. Below is a list of […]

The secret of high pressure sales

Late Lunchtime Links: Secret ‘golden pitchbook’ gets public airing

A top secret ‘golden pitchbook’ dating back to Bear Stearns circa 1980 has surfaced on Buzzfeed. It is not a pitchbook in the M&A all-nighter sense of the term. It is a pitchbook in the sense of selling securities to retail clients – although it could equally be applied to selling anything to anyone, anywhere. Fundamentally, […]

Josef Ackermann

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 […]

Jerry W. Miller

Deutsche Bank targets Latin America’s richest and bolsters U.S. ETFs

Building on burgeoning ultra high net worth clients in Latin America and growing ETF interest in the U.S., Deutsche Bank has hired veteran manager Jerry W. Miller to help re-brand and integrate its Asset & Wealth Management business. Jerry W. Miller, who will be based in New York and report to Michele Faissola, Head of […]

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 […]

pay

How £5k can buy you a financial services internship

Investment banks and other financial services firms like to paint their graduate recruitment programmes as meritocratic processes, suggesting that the nepotism and elitism associated with the sector in the past are now consigned to an ugly era of history. However, a bountiful supply of relevant work experience is the best way of eventually securing a […]