Company: UBS
Ex-bankers advise on spirituality: channel Archangels, avoid alcohol
Investment bankers and God don’t have a great history. Lloyd Blankfein was much maligned after famously claiming to be doing God’s work in a Sunday Times article of 2009. The Bible famously says rich men have as much chance of getting to heaven as camels have of squeezing through the eyes of needles. And more […]
Meet the ex-head of UBS credit trading prowling for the next Tumblr
Until March 2013, Damien Regent was a fairly typical investment banker. Up at dawn, he worked 12 hour days as UBS’s co-head of financial credit trading in London. Two months ago, all that changed. Unleashed from UBS following the bank’s decision to pull back from fixed income, Regent has reinvented himself as an angel investor. […]
Late Lunchtime Links: EU to go after bankers earning more than £420k; how to succeed in M&A at J.P. Morgan
Bad news for any European bankers who are earning huge amounts of money but had hoped to sidestep the European Union’s bonus cap by claiming they weren’t ‘regulated employees’: the EU’s definition of regulated employees has just been expanded. The Financial Times reports that the EU has broadened the category of regulated employees to include anyone earning […]
Tax free investment banking salaries on the up in Dubai
If you’re a senior investment banker looking for a new position, the United Arab Emirates is not necessarily the best place to apply – jobs have been cut, few new opportunities are presenting themselves and the anaemic fee pool has only been edging up for the past few years. There is one advantage to making […]
Fear factor: bankers only have 50 days to find new jobs
How quickly do you need to find a new job if you’re a banker who has been laid off? Very, it would seem. An analysis of 10 recent hires at major banks in London shows that on average experienced bankers spend only 50 days between jobs. Data from the UK’s Financial Services Authority (FSA) register […]
11 things bankers could learn from the genius of Alex Ferguson
Sir Alex Ferguson, who is retiring, was more than just the manager of a football club. In the words of friend and football writer Glenn Gibbons, he was “to Britain’s football community what the Queen is to the population at large.” During his 27-year career at Manchester United, Ferguson transformed the club from an assortment […]
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 […]
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 […]
UBS CIO Ashton-Rigby leaves for J.P. Morgan after less than a year
Mark Ashton-Rigby, the current chief information officer (CIO) for UBS’s investment bank, is leaving for J.P. Morgan after less than a year in the job. Ashton-Rigby is set to take the role of head of banking technology at J.P. Morgan in New York in August, according to sources. He joined UBS in May 2012 after […]
Would you quit Goldman Sachs for life as a headhunter?
It’s notoriously difficult to secure a role at Goldman Sachs and, once in, loyalty is expected and employee turnover remains low, at least for those who cut the mustard. Would you give it all up for a career as a headhunter – an occupation bankers sometimes compare to a used car salesman? Sophie Saeed, who […]
UK
