UK
Sector: Debt / Fixed Income
The job creation potential as hedge funds fill the lending void
If more hedge funds step up to provide direct lending to European businesses there’s likely to be a healthy amount of recruitment opportunities, including for those with private equity expertise. The potential for hedge funds to start lending directly to SMEs was highlighted recently by Standard & Poors (via Financial News). In Europe, it’s still [...]
Arguably the best banks to now work for within equities, sales and trading, FICC and M&A
As part of its look into how the investment banking world has transformed since the halcyon days of 2007, Financial News has assessed how the rankings have changed since then across various business areas. The results, perhaps surprisingly, show that although the deck has been shuffled quite significantly since that time, the firms at the [...]
Equity research, management consultancy and FIG: where you could possibly get hired before the end of the year
As a salve for the selection of about recent articles about hiring freezes and redundancies, here’s something more uplifting: an affirmation that there is hiring happening, somewhere. Here’s where: 1) Equity research Yes, there IS hiring in equity research. Financial News today reports that MF Global wants 20 equity analysts ‘across the world’ before the [...]
Fixed income recruitment has died a death
London’s fixed income headhunters have nothing to do. “If I were to rank activity on a scale of 1-10, I’d say we’re at 1 right now,” says the head of one FICC search boutique. “It started at 10 in March, went to 6 during the summer, and now there’s nothing. If we’re lucky, we might [...]
SocGen flounders in equity derivatives, still building in fixed income
The hallowed equity derivatives team at SocGen has proved that it is, in fact, fallible – with poor performance in the division hitting overall profits within its corporate and investment bank. SocGen’s second quarter report closely aligns with its French rival BNP Paribas – better than expected results, driven by strong performance in its retail [...]
REVIEW MY CV: Help! I left the market to do a Masters and now I can’t get back in…
I’ve got 3.5 years’ investment banking experience, all from the same French bank, and have worked both in London and Paris. Last March, I decided to leave and study a masters degree. I’m about to complete this, and am trying to find a position either in fixed income or derivatives sales. I have been looking [...]
Is it still worth training to be an insolvency practitioner?
Whether you believe the UK economy is slowly crawling out of recession, or that we’re on the cusp of a second crunch, the boom time for insolvency practitioners appears unlikely to end any time soon. As we’ve alluded to previously, an increasing number of people are considering the move across to the industry. But, with [...]
If the axe falls, it will fall hardest at UBS, BofA Merrill, Nomura, and Morgan Stanley
Earnings season kicks off this week, with JPMorgan, BofA and Citigroup finally expected to divulge what happened in the three months from April. Given that this includes the difficult month of May, it’s not likely to be pretty, although results may be massaged by debt valuation adjustments. If Q2 results aren’t matched by an improvement [...]
This is a very exciting time to be working in FIG DCM, providing you’re at the right bank
What with the UK banking levy and the Bank of England’s latest Financial Stability Report, this is an interesting time to be a financial institutions group debt capital markets professional, unless you’re at somewhere like RBS. The banking levy, which comes into full force in 2012, will be raised on banks’ consolidated balance sheets, but [...]
Just when we thought hiring at Cantor Fitzgerald was really, really hot…
Last time we mentioned the big trader hiring that’s happening at Cantor Fitzgerald, we were lambasted by people pointing out that Cantor is an interdealer broker and therefore only hires brokerage professionals. This appears to be a little out of date. If Cantor only hires brokerage professionals, why has it added “over 100 fixed income [...]
Follow eFinancialCareers
What is RSS?
Advice
