JPMorgan wants agile VPs on $190k to turn bankers into devs

JPMorgan wants agile VPs on $190k to turn bankers into devs

JPMorgan has been on the low-code/no-code train for some time now, professing its support for citizen development more than most companies in financial services. It's continuing to do so in its risk and compliance teams by hiring a number of...
Junior bankers wake up to new reality of minuscule bonuses. How to spot a jerk boss at interview

Junior bankers wake up to new reality of minuscule bonuses. How to spot a jerk boss at interview

How a lot you earn in banking has all the time been past your management. Yes, there's pay for particular person efficiency, however extra vital is the broader financial local weather and the quantity of offers getting accomplished.   Today's junior...
Why Goldman Sachs bankers need new jobs fast: “February will be brutal”

Why Goldman Sachs bankers need new jobs fast: “February will be brutal”

If you have been let go from Goldman Sachs yesterday, you in all probability should not spend an excessive amount of time licking your wounds. As one ex-GS MD pointed out yesterday, that is sadly not the time to be...
Falling pound means some London bankers’ bonuses could rise

Falling pound means some London bankers’ bonuses could rise

The pound is up this morning, apparently by advantage of incoming prime minister Liz Truss's determination to spray money in capping British power costs. However, it is nonetheless buying and selling at ranges last seen in the 1980s and there is the...
24-year-old M&A bankers still horribly demanding

24-year-old M&A bankers still horribly demanding

When UBS let go of some equity capital markets (ECM) bankers final month, it wasn't simply senior workers who have been solid adrift. The Swiss financial institution is not commenting, however sources say there at the moment are clusters of former...
Goldman Sachs is also hiring bankers with no prior experience

Goldman Sachs is also hiring bankers with no prior experience

It's not simply Morgan Stanley. Goldman Sachs has also launched a program to rent funding bankers who do not have prior experience.  Known because the 'Bridge to Banking' program, it was launched late final month and functions are open till...
Young bankers on $300k given extra $3k for holidays

Young bankers on $300k given extra $3k for holidays

If you are already incomes $300k+ as a 24-year-old associate at PJT Partners, will an extra $3k in vacation allowance actually make a lot distinction to your motivation to work?  Apparently, sure. Financial News has famous that boutique agency PJT...

Bankers’ dismay as higher bonuses consumed by inflation

Only a couple of large banks have now introduced their bonuses, however the extra that the numbers come out, the extra plainly the excessive hopes for the 2021-2022 bonus spherical are as a result of be disillusioned - until you...

Jefferies increases salaries for mid-ranking bankers

As we reported earlier this month, there's been some grumbling amongst mid-ranking bankers at banks that increased salaries for their junior bankers however not for vice presidents and above.  At least one financial institution is now attempting to go this off...

Why bankers aged 21-35 want to work from home, and why it doesn’t work out

Christopher O'Dea, a Morgan Stanley managing director primarily based in San Francisco, apparently thinks that his youthful colleagues needs to be again within the workplace. The New York Post experiences that in a name final week, O'Dea stated: “If you’re 21...
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