UK
Tag: Banking jobs
Bankers advised to seek ‘toilet cleaner job descriptions’
If you work for an investment bank, you may feel that a grandiose job description is your due – particularly now that pay is being restricted by the likes of the European Union. However, bankers are being warned against seeking overly important job descriptions. If you’re a banker, it’s far better for your job to […]
Why other people are getting jobs and you’re not
Gore Vidal famously said that, ‘whenever a friend succeeds, a little something in me dies.’ Much the same might be said when a friend – or ex-colleague – finds a new job and you don’t, especially if you’ve had the misfortune to be out of the market for a long time (or maybe just out […]
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 […]
Lunchtime Links: Organisation known for hiring ex-bankers has excellent quarter, adds 128 people
It’s not always easy to find a job if you’re an ex-banker who’s spent several months out of the market or several years selling equities to institutional investors in the Nordic region. Fortunately, however, there is somewhere which may take you on: St. James’s Place. The UK wealth management firm runs an ‘Academy’ which trains […]
Nomura and Credit Suisse make big cuts, as only 16% find new jobs
Contrary to hope and expectation, this year has not seen an end to banking layoffs and staff departures. Analysis of the Financial Services Authority (FSA) Register reveals that nine major banks in London have parted company with 670 people since the start of January 2013. So far, only 100 of these people have found new […]
A chart explaining why Goldman, JPMorgan, BofA, Citi won’t be hiring
If you’re looking for a job in an investment bank, you’ll need to be good. In fact, you’ll need to be very, very good. These days, most banks aren’t adding headcount – they’re simply upgrading what they already have. Harvey Schwartz, the new CFO at Goldman Sachs, elaborated upon the current state of affairs in […]
Deutsche Bank, Man Group and Citi all say they’re hiring: here’s where
Forget the ongoing banking redundancies: firms are also hiring. Deutsche Bank, Man Group and Citi have all voiced hiring intentions in recent days. Man Group is even said to be on a “hiring spree.” Where the jobs are at Deutsche Bank Deutsche Bank is reportedly creating 110 jobs in research. These are not plain equity research […]
Late Links: Canadian banks are hiring, job cuts coming at JPMorgan
If you want a banking job in London now, you should try a Canadian bank. Financial News says BMO Capital Markets, the investment and corporate banking arm of BMO Financial, Canaccord, which acquired UK broker Collins Stewart Hawkpoint at the end of 2011, and CIBC, are all hiring. So too, apparently, are Canadian boutiques, including GMP Securities, […]
Twenty finance organisations that have got big(gish) hiring plans now
The Easter holiday is over. The eggs are eaten. The sun has – miraculously – come out in London. And it’s time to find a new job. Unfortunately, as our ‘Post-Easter hiring predictions’ from banking headhunters revealed, there’s not a lot of likelihood that big banks will embark on big hiring in the second quarter. […]
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