Tag: Credit Derivatives

There’s a sudden proliferation of equity derivatives tech jobs

We’ve mentioned previously that, generally speaking, investment banks are increasingly reluctant to roll out big front office tech projects and as a result recruitment has remained subdued. There is, however, one exception – equity derivatives. Over the last month alone, there’s been a sudden proliferation of technology roles related to equity derivatives platforms, suggest recruiters. [...]

And 2011 will be a poor year for…

The preamble to 2011 wasn’t great. 2010 deteriorated from April and ended on an uncertain note. Is 2011 going to mark a continuation of the degradation of investment banks to the status of functional utilities? Yes, according to Mike Mayo. In October 2010, Mayo pronounced that 2011 will start a decade which could bring the [...]

Lunchtime Links: HSBC expanding in infrastructure and commodity finance; Natixis building a ‘global hub’ in London

While student protestors take again to the streets of West London and snow is forecast (soon), we have good news for the City: HSBC and Natixis are making noises about hiring. Natixis has hired already. It’s acquired five new people, of whom only two are in London, but is making pleasing noises about making the [...]

Six situations in which it makes total sense to take a job in the back/middle office

Judging by the frequency with which this question turns up in our Answers area, when to accept a middle/back office role is a hot topic – not only for people trying to enter the industry but also for people already in the industry and for those attempting re-entry. The fact is, there are always loads [...]

Lunchtime Links: Shock as senior banker appears to choose London over Asia!

Asia, as we all know, is where it’s at. It’s somewhat surprising, therefore, that a senior banker with experience in Asia should choose to throw it all in for London. And yet this appears to be what Tim Throsby, former head of Citadel Investment Group in Asia, is doing. According to Finalternatives, Tim will be [...]

The curse of the random applicant

The New Year candidate surge has materialized. Morgan McKinley’s latest research reveals a 50% surge in City jobseekers between December and January. For recruiters, the rush of candidates is both a blessing and a curse. On one hand, strong applicants who were loathe to move jobs during 2008 and 2009 are coming back to the [...]

How would you describe a credit default swap to a builder?

And the answer was: The candidate said: “I starting out by saying something like-it’s basically a contract where the buyer of the swap makes regular payments to the seller and then in the case of a particular event happening the seller pays a predetermined sum to the buyer-but was stopped half way through for being [...]

What will be hot in 2010?

With a little luck, 2010 will be like the final months of 2009, but better. With interest rates still low and the cost of holding cash still high, investors can be expected to continue searching for yield in ways best offered by investment banks and/or hedge funds. Throw in the likely continued difficulty of getting [...]

THE INSIDER: Where to pitch your career, now and in the not too distant future

Despite the events of the last couple of years, banking will remain a lucrative place to work. However, the question is where in banking are the bucks to be made. There is little doubt that the quickest path up the ranks and to the big bonuses is to land yourself in a hot area e.g. [...]

Does this mean jobs related to exchange traded derivatives are hot?

Morgan Stanley made a big move in exchange traded derivatives (ETDs) last week. It hired Clark Hutchison and Bill Templer, co-heads of exchange traded derivatives at UBS, in what the FT described as “an effort to become a top tier broker in the listed futures and options industry.” Exchange traded products aren’t doing badly. According [...]