Would you be a banker if most of your pay was at risk for three to five years rather than a maximum of one year? UBS just decided to make itself the test case for overhauling incentive pay. Its ne ...
0 comments
Added by buffting888, Accounting - 26 Oct 2008 - 6 comments
Posted in Switching Sectors and Sales & Marketing
Now that it's that time of year again when you used to salivate about getting paid… is your biggest year-end purchase going to be a tighter belt? Whether on Wall Street or the City, government honc ...
4 comments
Added by power2burn, Private Banking / Wealth Management - 11 Sep 2008 - 9 comments
Posted in Switching Sectors and Sales & Marketing
Credit Suisse has unveiled plans to double staff numbers in India and isn’t the only bank upping staff numbers in the region - Swiss rival UBS is also looking to double its Indian headcount and the li ...
3 comments
Are investment banks really wielding the knife in as measured a manner as official data indicates? We've often discussed the disconnect between numbers stated in Wall Street layoff announcements, a ...
1 comment
Added by woodie - 24 Jul 2008 - 2 comments
Posted in Qualifications and Sales & Marketing
Added by DavidDSD, Sales & Marketing - 22 Jul 2008 - 2 comments
Posted in Switching Sectors and Sales & Marketing
Added by DavidDSD, Sales & Marketing - 22 Jul 2008 - 2 comments
Posted in Qualifications and Sales & Marketing
Added by Mstalukdhar, Sales & Marketing - 02 Jul 2008 - 3 comments
Posted in CVs/Resumes and Sales & Marketing
Too much experience can be a career-killer, especially in today's hyper-competitive job market. So is it legitimate to delete your first job or three, in hopes of erasing some telltale age-lines from ...
12 comments
Added by woodie - 27 Jun 2008 - 3 comments
Posted in Switching Sectors and Sales & Marketing
Banks these days have got less to do, and so have bankers – unless they work in corporate finance. In corporate finance, the scarcity of deals doesn’t make much difference to the volume of work underlings have to perform – it merely changes the focus from execution to origination. No longer got three deals on the go? You’d better attach yourself to as many pitches as possible. But... Read more
By George Trower 20 Jun 2008 - 0 comments
Added by tjwalsh05, Private Banking / Wealth Management - 18 Jun 2008 - 1 comments
Posted in Switching Sectors and Sales & Marketing
Added by Sophia - 16 Jun 2008 - 6 comments
Posted in CVs/Resumes and Sales & Marketing
Many a pundit has ascribed the economy's erstwhile run-up to enthusiastic consumer spending - and the recent downturn to the U.S. consumer's over-reliance on debt, particularly creative sub-prime mort ...
1 comment
FSA chief Hector Sants has come out of the closet and said bonuses should be taken into account when assessing banks’ risk. But we'd like to point out that it wasn’t his idea. Sants seems to have latched onto a notion first aired by Alchemy Partners’ founder Jon Moulton last week. So how does Jon think the plan Sants has pilfered from him would work? “I presume you’d... Read more
By Sarah Butcher 22 May 2008 - 4 comments
Added by Riadhamada, Sales & Marketing - 20 May 2008 - 1 comments
Posted in Pay & Bonuses and Sales & Marketing
What with thousands of redundancies and disappearing revenues, you could be forgiven for thinking that bankers who lose their jobs in the current environment won’t work again for a very long time. This isn’t strictly true. First (as ever), the bad news: Lehman Brothers is the latest to rejoin the redundancy parade, with a round of further job cuts, said to be imminent. But now, the good news: banks may... Read more
By Sarah Butcher 19 May 2008 - 17 comments
Jamie Dimon is apparently going out of his way to find new jobs for the 5,000 bankers out on their ear following JPMorgan’s emergency resuscitation of Bear Stearns. According to the Financi ...
6 comments