News
BNP Paribas lost another ex-Exane MD in New York. Deutsche Bank hired him
51+ min ago (194+ words) As we have reported, people who once worked for Exane but who have worked for BNP Paribas ever since BNP fully ingested Exane in 2021, keep leaving." The latest to do so is an ex-Exane partner in New York." Christopher Krieg…...
Staff in Goldman Sachs' low-cost office are working 90-hour weeks too
4+ hour, 53+ min ago (189+ words) e Financial Careers The highest paying jobs in banking are in cities like New York and London. As banks like Goldman Sachs continue to scale, not everyone can be paid New York wages. A popular alternative is the global capability…...
Morgan Stanley analysts think European banks had a fine quarter, but that US banks' was finer
3+ hour, 41+ min ago (231+ words) Morgan Stanley analysts may have indirectly cast aspersions on Deutsche Bank's ability to meet the cost of capital in its investment bank, but they are all for DB all the same. In a note out today, Morgan Stanley's financial researchers…...
HSBC employees in Germany are leaving for a small new "Hanseatic" bank
3+ hour, 18+ min ago (213+ words) Last year, HSBC started cutting back on some of its European teams to focus on the Asian and Middle Eastern markets. A lot of people were cut. But even those who were spared started finding new homes. And one of…...
Citadel Securities hired Polymarket's CTO, formerly of Citadel
4+ hour, 11+ min ago (112+ words) e Financial Careers The prediction markets space is one of the most exciting, fast-growing areas of financial technology, but opportunities to join the major firms are sparse. One senior engineer from hedge fund Citadel took an executive role at Polymarket,…...
JPMorgan hired one of BNP Paribas' top quants in Paris
5+ hour, 2+ min ago (238+ words) Working as a top French quant with top French credentials at a top French bank in France is the pinnacle of the French financial services existence. But now that US banks are also big in Paris, and are competing for…...
Morning Coffee: Bank of America's troublesome dinner guest. Morgan Stanley bankers turn into influencers
7+ hour, 9+ min ago (526+ words) But it was only a few hours after a Federal Open Markets Committee meeting, and Fed officials usually observe a "post-meeting blackout period, refraining from public comment on the economy so as not to muddy the official message." That doesn't…...
Citadel, HRT & Two Sigma people are joining this chip manufacturer with 100+ jobs open
22+ hour, 6+ min ago (159+ words) e Financial Careers If you haven't been paying attention, it's no longer about the Magnificent 7 tech stocks, it's about chip manufacturers. Micron, Intel and AMD added a combined two trillion to their market cap in the second quarter. The action…...
What is your Ideal Employer in financial services?
1+ day, 35+ min ago (100+ words) e Financial Careers It's that time again " for the fourth year in a row, we are running our annual Ideal Employer survey to inform our Ideal Employer report. The premise is simple " the financial services industry has a lot of…...
What it was like at Blue Crest, according to the UK Supreme Court
1+ day, 1+ hour ago (420+ words) What's life like at Blue Crest, the hedge fund which in 2015 became the family office of veteran macro trader Mike Platt? Today's ruling from the UK Supreme Court offers some incontrovertible insights that are unusual for a secretive family entity....