UK
Sector: Research
Equity research pay: Go-go days have gone
At the height of the dot com boom in 2000, star analysts such as Mary Meeker, head of internet research at Morgan Stanley, reportedly received bonuses nearing $20m, and plenty of others received generous six figure packages. Although recruiters say top rated analysts are still in line for multi-million dollar payouts today, there is little [...]
Underpaid analysts at Bridgewell
Following last week’s reports of poor bonuses at BNP Paribas, this week begins with another tale of compensation-related woe. According to the Financial Times analysts at Bridgewell, the independent UK investment banking and securities house, are complaining of being underpaid after senior employees apparently walked off with most of the bonus pool. “People feel like [...]
TMT: Generalists and mid-ranking corporate financiers sought
Recruiters report a shortage of equity researchers with a broad perspective on all three telecoms, media, and technology (TMT) sectors. At the same time, the decimation of corporate finance TMT teams in 2001 has led to shortage of mid-ranking sector specialists. “In equity research there has been absolutely no incentive for people to learn about [...]
Hybrid securities and hiring growth: Guest comment
Steve Sahara is Managing Director, Global Head of Hybrid Capital Structuring, Calyon. Here he outlines the potential as he sees it for the market and for those looking to get in. Which area of debt capital markets is set to take off in 2006? The hybrid capital security market, and talent from various sectors outside [...]
Equity research bonuses down (again)
Guess who fared worst in the latest bonus round? If eagerness to find a new job is anything to go by, equity researchers were near the bottom of the pile. “We have had calls from entire teams that want to move,” says Emma Halls, a manager at recruitment firm Finance Professionals. “Over the last few [...]
Hedge fund openings for corporate financiers
Headhunters say opportunities are increasing for corporate financiers who want to quit investment banks for hedge funds. “As merger volumes rise, there may well be increased demand for corporate financiers to move into hedge funds,” says David Durham, managing director of search firm Durham Consulting. “Their skill set is likely to be in increasing demand [...]
Corporate finance analyst: How much am I worth?
Rising stock markets, takeover fever as merger-mania continues to heat up – has there ever been a better time to consider a career in corporate finance? Probably not, headhunters would argue. “Increased deal flow has led to strong growth in corporate finance hiring across all major investment banks this year, as headcount numbers continue to [...]
SG appoints five for equity research
SG Corporate & Investment Banking, the investment bank of France’s Société Générale, has hired five equity analysts and economists. Gaelle Blanchard and Frederic Prêtet have been hired as senior economists. Blanchard was previously at Louis Dreyfus, the global commodities business, where she has worked as an economist and foreign exchange trader over 11 years. Prêtet [...]
Germany hiring? Yes, in distressed debt
If there’s one thing that Germany is not short of, it’s non-performing loans (NPLs). The country accounts for around one third of Europe’s 608bn (€900bn) outstanding NPLs, so little wonder, then, that recruiters in the sector are busy. “Non-performing loans are big business in Germany right now,” says Maximillian Siem, a recruiter at Michael Page [...]
Equity research analyst, intermediate: How much am I worth?
Those who predicted the institution-based equity research analyst was an endangered species have been proven wrong. The writing really had seemed to be on the wall after the Dot.com bubble burst. With analysts seen as responsible for over-inflating the earning capacity of tech stocks and many in the US criminally charged for dubious, over-friendly research, [...]
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