Tag: Equity Analyst
Credit Suisse is cutting hundreds of traders, but London (may) be spared
The 25 cuts at within Credit Suisse’s London-based equities team in April may have just been the tip of the iceberg. The bank is said to be planning hundreds of investment banking redundancies in the very near future. Swiss newspaper Handelszeitung has said that “several hundred” people working in trading roles at the bank are [...]
Help! Should I work on the buyside? Should I work on the sellside?
“I have been working on the buyside for three years as an analyst and am looking at potentially moving to the sell side. I’m an equity researcher and moving to the sellside would probably mean joining at the associate level. On the other hand, if I stay on the buyside I’ll probably be able to [...]
GUEST COMMENT: I can think of nothing more nauseating than doing an MBA
During my banking career I perceived undertaking an MBA as marginally less desirable than running naked through Battersea Dogs Home with Pedigree Chum smeared on my gonads. An MBA seemed to entail a lot of tedious work surrounded by dreadfully dull pinheads that ultimately resulted in very little benefit for your career. There were two [...]
Is recruitment really this weird at SocGen in France?
As part of our iPad competition, we’ve received an email from someone who purports to have interviewed with SocGen in France. Needless to say, we’re unable to verify this, so what follows may have happened at JPMorgan, or could be a figment of a fertile imagination. However, given SocGen’s French reputation for challenging personality tests [...]
Lunchtime Links: 500 new jobs in Singapore; 6 new jobs in London
Australia and New Zealand Banking Group (ANZ) is preparing for big hiring in Singapore. According to Reuters, it intends to hire 500 people there in the next 12 months. Unfortunately, not many of the hires are likely to be in the sought after areas of investment banking: ANZ is focusing on private banking, retail banking, [...]
Lunchtime Links: RBS is hiring lots of equities analysts
No sooner had RBS promoted Chris Sloan as global head of cash equities, and no sooner had Sloan declared his intention of, building ‘an equity broking capability on the institutional investor side in… Australia, Asia and European product,’ than it appears that RBS is ramping up in equity research. According to Financial News, RBS has [...]
REVIEW MY CV: Should I take a more junior role to build my skillset?
“I am looking for an equity analyst role, preferably on the buy side. This includes hedge funds, private equity houses and long only fund managers. I am willing to take a more junior role in order to build up my skillset within fundamental equity research. So far the response to my CV has been slower [...]
A setback for Bar Cap?
Should Bar Cap bankers really be celebrating the bank’s failure to tie the knot with ABN? While chief exec John Varley may be disappointed at Barclays’ failure to woo ABN AMRO, others at Barclays Capital are said to be more jubilant than not now that they don’t have to climb into bed with the Dutch [...]
Will Goldman Sachs pay up this year?
Guess what? Goldman bankers could be on track to earn more than ever. When the bank announced its third quarter results yesterday, it revealed it had set aside an average of $542,000 in pay per employee so far this year according to Bloomberg, 19% more than it paid employees in the first three quarters of [...]
Analysts will wilt under bright lights of the trading floor
Led by Lehman Brothers, the role of the lowly equity analyst is transmogrifying into something rather more exciting. But are analysts up to the challenge? The Wall Street Journal last week reported that Lehman Brothers has asked some of its analysts to give up writing research reports in darkened rooms, and move onto the trading [...]
UK
