News
Citi banking MDs moving to the fertile plains of Deutsche Bank may be wary now
4+ hour, 4+ min ago (328+ words) If you're an investment banking managing director (MD) who's feeling unhappy with the new regime at Citi, you might feel like joining your old regime at Deutsche Bank. But the recent fate of one who made that journey four years ago…...
The Coffee Run: Hedge fund traders in Dubai are in a sticky situation
4+ hour, 28+ min ago (88+ words) The Coffee Run: Hedge fund traders in Dubai are in a sticky situation'eFinancialCareers We've launched a new weekly video series to accompany Morning Coffee, in which we look at one story in more depth to give you the full picture....
Top Abu Dhabi quant declares he feels "fortunate" to be there now
6+ hour, 26+ min ago (385+ words) For all the upheaval in the Middle East, one person there has no worries. Marcos Lopez de Prado, the head of quantitative R&D at the Abu Dhabi Investment Authority (ADIA), says he feels "fortunate" to be there now and…...
Anthropic suggests AI might be worse for hedge fund employees than bankers
6+ hour, 46+ min ago (167+ words) Anthropic suggests AI might be worse for hedge fund employees than bankers'eFinancialCareers Follow eFinancialCareers on Google News here. In a report on the labour market published by Anthropic this week, the AI lab looked at the theoretical exposure of various…...
Morning Coffee: Goldman Sachs' & Barclays' juniors desperate bid to impress women goes awry. BlackRock's bad loan
9+ hour, 10+ min ago (492+ words) Ladies, do you like a man who works for Goldman Sachs? How about a man who works for Goldman Sachs, works out five or six days a week, plays the piano and likes to dance? If so, we can recommend…...
As banking clamps down on influencers, consulting pays its interns to post on LinkedIn
1+ day, 6+ hour ago (174+ words) As banking clamps down on influencers, consulting pays its interns to post on LinkedIn'eFinancialCareers If you work in banking and have an active social media presence, you may have noticed a crackdown on 'finfluencers' in recent years. If you're still…...
Morning Coffee: Morgan Stanley is cutting jobs, Goldman Sachs will probably be next. The secret police at Citi
1+ day, 17+ hour ago (478+ words) It's always been the case that investment banks cut jobs in the final quarter of the year - maybe even directly before bonuses in the case of HSBC - but trimming in the opening quarters of the year is also a thing....
HSBC's MD promotions are no longer chaotic, but still not simple
2+ day, 6+ hour ago (343+ words) HSBC promoted some managing directors (MDs). Sadly, we do not have the full list of the 53 new MDs across the bank, but we do know the names of several in the debt capital markets (DCM business). HSBC isn't commenting but…...
Citadel Securities staff in London are appreciated by banks and trading firms
2+ day, 9+ hour ago (146+ words) Citadel Securities staff in London are appreciated by banks and trading firms'eFinancialCareers Staff at electronic market maker Citadel Securities aren't just appreciated by contemporaries in the algorithmic trading space. Hedge funds want a piece too. Follow eFinancialCareers on Google News…...
Morning Coffee: Goldman Sachs partner tells you the worst thing about making MD. The hero of UBS bankers gets another massive payday
2+ day, 10+ hour ago (420+ words) Of course, if your personal blind spots are in the general area of "bad at listening to other people" or "thin-skinned and massive ego" (two personality traits which are not entirely unknown at the highest ranks of investment banking), this…...