Company: Zurich
A complete ranking of the world’s financial centres in terms of how much you can earn and how affordable they are
A caveat: these figures do not apply specifically to financial services. However, following the revelations that a pint of milk costs a small fortune in Hong Kong, we thought you may be interested in them anyway. UBS has produced some research into the average pay, average price levels and domestic purchasing power in a variety [...]
Should you be on ASMALLWORLD?
We’re just asking, because Xenia Tchoumitcheva , the top model interning on JPMorgan’s London sales and trading desk this summer is there apparently, meaning you might be able to meet her (although she already has 600 friends, meaning you might not). Xenia isn’t the only draw. According to one Warsaw based analyst there are also [...]
12 key high frequency trading operations that may provide you with a job
If you want to work in high frequency trading but are at a loss for where to send your CV, the formation of Europe’s first high frequency trading lobby provides a convenient answer. There are 11 members in total, constituting the key companies in the European high frequency trading industry. Even better, they appear to [...]
Given a choice, would you rather move to Switzerland or Singapore?
Despite the hype, the flow of financial professionals from the UK to Switzerland (in particular) and Singapore is more like a trickle than a flood. Nonetheless, if you’re considering a move, which is the best option? In the opinion of French newspaper L’Express – which assessed each country’s desirability based on corporate tax, income tax, [...]
Have children, move to Switzerland
Switzerland is emerging as the location of choice for financiers with infants. Pre-procreation, London is the place to be. Post-procreation, it’s Switzerland. “I used to live in London and now I love it here,” says one Swiss hedge fund manager. “I’ve got a 2 year old child and its suits where I am in my [...]
Credit Suisse’s urge to claw back cash bonuses from departing employees may prove purest fantasy
Credit Suisse doesn’t want its managing directors to leave. As we observed last week, the bank wants to impose a new compensation policy, under which anyone leaving voluntarily within two years of receiving a cash bonus will be obliged to return it to their employer. This is the case in theory. The reality may prove [...]
Unconventional origins of some Brevan Howard people show there is hope for all
Brevan Howard is known for being fairly secretive. Like many hedge funds, its website doesn’t divulge anything and it rarely talks to the press. However, the presence of 150 people purporting to work for Brevan Howard on LinkedIn provides a portal on its perfect employee. Unsurprisingly, there are plenty of Oxbridge graduates among them. Given [...]
Here’s where you can still get a financial services summer internship for 2010
If you haven’t got a summer internship already and you don’t intend to commit your entire summer to lying on a beach or packing shelves, you may feel slightly anxious. Fortunately, all is not lost. At this stage, you will find it very difficult to get a summer internship in an investment bank, but there [...]
GUEST COMMENT: The City need not fear the Lib Dems
As the election result draws near and it appears increasingly likely that the Lib Dems may hold the balance of power in a hung parliament, City workers are having to dust off the third party’s manifesto in a desperate attempt to see if their livelihoods are threatened. The Lib Dems, via their vociferous treasury spokesman [...]
Boutiques the best bet, as big firms take axe to private bankers
Recent redundancies in the wealth management sector would suggest that far from being a relative safe haven in the financial sector, the industry is just a little slower to pull the trigger. However, to suggest the outlook is entirely gloomy would be inaccurate. Deutsche Bank has said it intends to cut costs in its wealth [...]
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