UK
Tag: Senior Financial
GUEST COMMENT: A bank failure does not stop the work for its bankers
As anyone with any understanding of financial reality knows, a Greek default is sadly inevitable. This week, that inevitability was underscored by Greece’s inability to maintain its budget deficit below the 7.6% it needs to keep receiving money from the Troika. When the Greek default occurs, the ‘beefed up’ €440bn European Financial Stability Fund will [...]
Where to spend your free time if you want to meet senior financial services professionals who might give you a job
We write a lot about the importance of networking. Networking will obviously work best if you adopt a systematic approach and contact people you already know. However, networking can also work if you place yourself in situations where you’re likely to come across senior financiers during their downtime. Witness our columnist who was offered a [...]
Banks would dearly love to hire female technologists, but they’re few and far between
Gender discrimination in banking has come under the spotlight again, largely thanks to Financial News’ series about just how thick the glass ceiling is for women. Within financial technology there’s a different issue – banks would like to hire more women, but there simply aren’t enough of them around. New research from recruiters Greythorn points [...]
Lunchtime Links: Inept graduate trainees flooding financial services with fraudulent quackery
Now that senior financial services professionals are getting an increasing proportion of their pay deferred and are therefore more expensive to poach, most banks are reaching the same conclusion: it makes sense to grow talent in-house. Or does it? According to Savvas Savouri, partner and chief economist at Toscafund, a glut of under-experienced trainees with [...]
Does financial technology still need more female geeks?
Nestled among this year’s FN 100 influential women is Veronique Arnoldi, chief technology officer at Aviva Investors. While her achievement is obviously laudable, the fact that she’s the sole representative from IT in finance is indicative of the relative dearth of women still entering the sector. Accusations of sex discrimination within investment banking and an [...]
Bye-bye London, hello Belfast, Dublin and Glasgow
Because it’s traditionally been where the jobs (and the money) are, technologists working within investment banks have obviously gravitated towards the City. But, with more development work being ‘nearshored’, is there an argument for moving to a more provincial location? Examples of relatively highly-skilled development work being carried out beyond the confines of the square [...]
Are these the real reasons why people are leaving Citi’s investment banking business?
As we noted last month, Citigroup has been suffering a fairly scary exodus of senior investment bankers. Things are not getting much better. Yesterday, it emerged that Citigroup has lost Reid Marsh. Like Ken McGrath, a senior Citi financial sponsors banker, and Richard Blackburn, Citi’s co-chief operating officer of banking in Europe, Marsh is off [...]
Lunchtime-ish Links: Festering resentment coming over pay at the FSA relative to pay at the BofE
At 7.2k, the FSA’s average bonus doesn’t look particularly jaw dropping, but it’s apparently the equivalent of a sky-diving hedgehog if you work at the Bank of England. According to the Times, any attempt to fuse elements of the FSA and the Bank of England under the new regulatory architecture, will end in tears because [...]
Of the clients you said you might be able to bring with you, how many of them would you, using your mobile, be able to phone now and speak to directly?
And the answer was: [According to the interviewer who asked the question.] Since it’s a very closed question the answers are very transparent and revealing. The best has been one candidate who took out her mobile and was able to contact three senior people in good companies – she was bright enough too to use [...]
What makes a great graduate CV?
With investment banks rethinking their graduate hiring numbers, it’s more critical than ever to have a CV that stands out. Employers only want to see the best candidates and your CV is crucial to securing the all-important interview. Presentation Visually, your CV needs to make an impact – for the right reasons! So select a [...]
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