Corporate Culture and Your Investment Banking Job

June 14, 2010

Fitting into the corporate culture at a new firm can mean many different things at different places. It can mean hiring people with the same background as other team members. Or, idealistically, identifying the characteristics of a person who is most likely to help achieve the organization’s overall goals.
Yet all too often, “cultural fit” is [...]

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Challenging for the lead in Mergers & Acquisitions

June 7, 2010

Anyone looking to get an investment banking job advising on mergers and acquisitions might be well advised to check out Credit Suisse Group. The Wall Street Journal reports that firm has shot up the rankings and now sits at number two in the world, just behind M&A behemoth Goldman Sachs.
The Swiss bank has advised on [...]

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Commodities Experience Booming for Investment Banking Jobs

May 31, 2010

Wall Street firms are beefing up their commodity trading desks in an effort to diversify their revenues. This comes as their derivatives trading activities are facing increasing regulatory oversight.
According to a report by Reuters, firms are hiring specialists who can buy and sell physical commodities such as liquefied natural gas, crude oil, iron ore and [...]

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Talent Wars Heating Up for Investment Banking Jobs

May 24, 2010

Spring has traditionally been the time when bankers and traders think about switching firms, after pocketing their bonuses from the previous year. This spring appears to be a particularly busy one, as bankers take advantage of healthier bottom lines and a gradual thaw in investment banking job hiring.
CNN Money reports that senior bankers, especially those [...]

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MBA Prospects are Picking Up in Investment Banking

May 17, 2010

Although some sectors, notably private equity and venture capital, are still lagging, the pace of graduate hiring of newly minted MBAs is picking up, according to a Wall Street Journal article.
However, grads-to-be can’t simply rely on the traditional on-campus recruiting push by companies. They now have to step up their individual networking and job search [...]

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Fabulous Fab May Inspire Others to Chase Investment Banking Jobs

May 10, 2010

Newsweek looked at the puzzling reaction to Fabrice Tourre’s testimony in front of the Senate hearings recently. What they found was that, rather than being seen as a villain, Torre’s “street cred” has actually gone up.
They interviewed 15 Wall Streeters at a local watering hole and discovered Tourre has emerged as a kind of hero [...]

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What Goldman Teaches Us about Investment Banking Ethics

May 3, 2010

Steven Pearlstein is a Pulitzer Prize-winning columnist for the Washington Post. Recently, he answered a rather lengthy series of questions from online readers who were trying to figure out what the whole Goldman Sachs mess means. Some of the nuggets included:
Are collateralized debt obligations (CDOs) really just a form of gambling? Perhaps in some cases, [...]

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