Tag: switching sectors

makingtheswitch

Investment bankers hunting private equity roles in the Middle East

In the fallout from the financial crisis, private equity firms have had their pick of investment banking talent in their local markets. With job cuts more prevalent, bankers are now looking for work beyond their home markets and targeting the Middle East. And they may be successful. The Middle East private equity recruitment market is […]

China Hong Kong

Running bars or burning the midnight oil: stark choices for Asian hedge fund managers

Expat hedge fund managers in Asia are returning home and touting their wares to firms in the UK and the US as job opportunities dry up locally. The market is still tough, but hedge funds in the Western world are realising the value of Eastern experience. “Two years’ ago, there were no people coming to […]

small business

Is now the time for banking technologists to target a start-up?

IT professionals are by their nature passionate about technology, but the high-paying roles in investment banking, where it’s necessary to operate in a highly-corporate environment. Now, however, with more opportunities emerging in financial software start-ups, now might the time to switch to a more entrepreneurial environment. One catalyst for job creation among small financial software […]

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GUEST COMMENT: Working in banking made me mortally ill. Fortunately, that’s all in the past

Working in financial services involves long hours, a sedentary lifestyle and can often induce stress. However, to say that this automatically promotes ill health is not always accurate and, in my case, high blood pressure was in the family. However, quite how quickly it came about was a shock. I was in my late-20s and […]

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More finance professionals are taking MBAs for career progression, but over half want to leave the industry

MBAs are back en vogue in among financial professionals. After a period of unpopularity since 2009, more people are applying to advance their career in 2012 – unfortunately, the majority are doing so to exit the industry. Financial services is now the biggest source of MBA candidates of any industry in Western Europe, according to […]

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Technologists’ choice: move to a regulatory project or lose your job

Depending on your perspective, this is either a new career opportunity or an ultimatum: financial technologists are being told they can be redeployed across to regulatory projects or face redundancy. This is relatively blunt terminology, of course, but it’s reading between the lines. Some people working on front office or Greenfield tech projects have been […]

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Are all the best iPad developers and social media technologists being snapped up by the financial sector?

Now is not the best time to be working as an IT contractor in the financial sector. Rates have been more or less universally cut by at least 10% and new opportunities are thin on the ground. To those outside of the financial services industry, however, the rates on offer are still comparatively alluring. In […]