UK
Tag: Investment Banking
GUEST COMMENT: Are you a mother looking to return to work? Apply quickly to Bank of America Merrill Lynch’s Returning Talent programme
Women are a valuable part of the workforce at Bank of America Merrill Lynch and we want to ensure they’re supported throughout their careers – including when they become mothers or take time out to look after children. All Bank of America Merrill Lynch employees who take maternity leave are given the option to have [...]
Lunchtime Links: Actually, investment banks’ FICC revenues may deteriorate badly in the second half
Fixed income hiring hasn’t really been too bad in the first half of the year. While equities headhunters say there’s really not much going on, fixed income headhunters have been slightly more positive. FX in particular seems to have been at the centre of quite a bit of hiring. Kian Abouhossein, JPMorgan’s prescient banking analyst, foresaw [...]
Is an accounting qualification genuinely still a route into front office investment banking?
Back in the day, if you failed to get into a front office investment banking job (in this case corporate finance or equity research) as a fresh graduate, you still had options. The best one was to join a Big Four Accounting firm and to gain an ACA qualification. Thereafter, as long as you had [...]
GUEST COMMENT: Here’s how product controllers can escape investment banking
In the mid- late 2000’s product control was typically seen as the entry point into investment banking for most qualified accountants. It was usually viewed as a springboard for a career in finance or sometimes, more optimistically, as a stepping stone to a trading position. Those that stuck with it could eventually make VP or [...]
Late Lunchtime Links: Three places that are hiring now. Three areas where hiring is hot
Financial News thinks there will be more redundancies later this year. Editor Ben Wright says the lack of staff attrition is to blame. Wright has spoken to the head of European capital markets at: “one large bank”, who says his firm budgeted for an attrition rate of 8% but the actual attrition rate is 0%. [...]
Day in the Life: Investment banking analyst
Name: Carmen Chan Firm: UBS Title: Analyst Dept: Investment banking 7.30am – 9.00am It is always hard to describe a typical day at work because you never know when the markets or a transaction will take a sudden turn. That being said, I usually start my day around 7.30-8.00am from home. One of the first things I do is [...]
GUEST COMMENT: As a junior corporate financier I am spending my life tweaking PowerPoint presentations
Many young undergraduates harbour dreams of becoming an investment banker when they finish university, but few know what the job entails. Those who know the reality have probably done an internship in the sector, be it in ECM, DCM or M&A. Some of these people have continued to bite the bullet and become full-fledged analysts, [...]
GUEST COMMENT: What happens when your investment banking CV sends the wrong message
Mixed messages in CVs usually derive from the writer’s own mind set and that rule applies to investment bankers, fund managers, private bankers, traders of any age or nationality. From my City experience I find there are usually two mind sets which create mixed messages: Superhero and scarecrow. What are these and how can they be [...]
Fewer people must get promoted and other things Boston Consulting is saying about the future of investment banking
Management consultants make a lot of money out of banks. McKinsey & Co are said to have been all over RBS and responsible for the closure of its equities and investment banking businesses. Boston Consulting, on the other hand, is said to be favoured by HSBC, and was behind the bank’s plan to remove all [...]
GUEST COMMENT: 73% of analyst hires have quit banking within six years. This is when YOU should get out
A career in banking is by definition brief. In fact, the phrase, “burning the candle at both ends,” must have been thought up by an M&A analyst. This is what the job involves – working extremely hard, because, as a junior grunt you are a small cog in a huge machine and all you have [...]
Follow eFinancialCareers
What is RSS?
Advice
