Tag: Research Analyst
Why don’t banks in London bother with applications from Indian candidates?
It’s not a particularly politically correct question, but it’s a reasonable one to ask – recruiters in London tell us they get thousands of applications from candidates on the subcontinent, but almost always disregard them. If you’re an Indian applicant, this is clearly annoying – especially as many banks have off-shored elements of research and [...]
REVIEW MY CV: Is the reason I can’t find a job that I’m in Portugal, out of work, or a returning mother?
I’ve spent several weeks of applying for jobs in London and contacting executive search agencies and having had hardly any replies. I’m currently in Lisbon, and am trying to work out whether the lack of response is because I’m not in the UK or because my skills and experience are considered irrelevant. Equally, I took [...]
Three leading investment banks have hired 6,400 people this year. Is this viable?
2007 was before the financial crisis hit. In 2007 Northern Rock was still offering 110% mortgages and it was fine to confess to being a banker in polite society. Bear Stearns was still around; Jimmy Cayne was blithely playing bridge. And Johnny Cameron and Fred Goodwin both thought they were Bob Diamond. In 2007, there [...]
INTERN DIARY: Close encounters of the nerd kind
If there was a world record for sleeping, I must have broken it over the course of the weekend. It was practically all I did and I’d definitely need if I was to finish the extra work I failed to complete last week (and what was no doubt coming again over the next five days). [...]
INTERN DIARY: In the third week, I have been trying hard to find something interesting to do
On Monday, the research analyst I mentioned last week came back from holiday. I’d been dreading this as I’d got nowhere with his task. Fortunately, he didn’t seem to care. Keen not to get another monotonous project from him, I decided to ask one of the sales guys for something to do, in the hope [...]
How to get into an investment bank from a non-target university (part II)
This is the follow-up to an article we ran a few weeks ago. It’s written by a UK student who’s had second round interviews at UBS, Barcap, Goldman Sachs, and JP Morgan, and who will be starting a job with one of them next year. The advice is entirely his own, but we’ve edited it [...]
Lack of tech innovation could mean muted recruitment in 2010
Bad news for IT in finance professionals hoping for a raft of new job opportunities from fresh projects in 2010 – banks’ technology budgets are likely to be taken up by regulatory pressures, and programme innovation could be muted. At least this is the projection from IT research firm Gartner, which is suggesting that half [...]
Lunchtime Links: Why Switzerland’s ok for UK boutiques, but not for UBS
Now that the UK has the toughest bonus regime in the entire world and a high and rising personal tax rate, Switzerland’s allure is understandably heightened. Today, Execution Limited became the latest London-based organization to announce an impending Swiss outpost. Perversely, however, UBS is threatening to uproot its head office from Switzerland and take itself [...]
The stupidity (or not) of Morgan Stanley
Is there something silly about piling into a market a) mid-way through a boom, when staff are acutely aware of their own value, and b) in the run-up to the end of the year when everyone will expect to be bought out? Dick Bove thinks so. In a note released yesterday, the Rochdale Research analyst [...]
Goldman may actually be a bit stingy this year
Goldman Sachs has received a lot of negative press over the fact that it’s likely to pay out record bonuses this year, a fact it seems relatively unconcerned by. A look at first half results shows that it has indeed accrued the biggest bonus pot among its US investment banking peers, but this might not [...]
UK
