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  • CFA vs MBA

    An article on our US site has created a furore over the relative merits of a CFA over an MBA. Here's the potted version. According to the US commentators/ranters, here are the positives for both ...

    45 comments

  • So where are all the jobs?

    If there really are so many jobs to be had in Australia's finance sector, why is it so hard to land one?

    A few weeks ago we ran a story suggesting Australia's finance employers are struggling ...

    39 comments

  • Plenty of jobs, no candidates

    If you want a change of job, now would be a good time to go for it. Manpower’s Annual Talent Shortage Survey exposes the extent to which Australia’s finance firms are crying out for staff. It says 61% of Australian employers cannot find qualified staff to fill vacancies. And of the 10 most critical sectors, finance (at number 4) and engineering (at number 2) were the only professional sectors experiencing trouble:... Read more

  • Would you work 20-hour days for US$300m?

    This is what Greg Coffey, the Aussie hedge fund trader who’s now based in London, apparently does. Coffey was big news last month when he left hedge fund GLG – giving up $250m in GLG shares i ...

    15 comments

  • Time to get tough on short-sellers?

    Babcock & Brown, Macquarie Group, Allco Finance – they’ve all suffered at the hands of short-sellers. But now a Federal parliamentary committee is calling for a massive overhaul of the disclosure rule ...

    14 comments

  • Is Aussie banking still a man’s world?

    Are Aussie women failing to make their mark in banking because finance is still a man’s world? A “blokey” or “boys’ club” culture prevails in Australian firms, according to a study based on em ...

    14 comments

  • Would You Botox Your Resume?

    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

  • Has Macquarie lost its magic?

    Is the world’s love affair with Macquarie Group about to come to a bitter and twisted end? The pin-up boy of Aussie finance, which is currently on a hiring spree in the US and Europe, seems t ...

    12 comments

  • Should the world be in awe of our Big Four?

    If only Wall Street and London had nice, sensible banks like ANZ, CBA, NAB and Westpac – they might not be in such a mess. Australia’s four pillars are all in the elite group of only 20 banks ...

    11 comments

  • Fire Fuld? (Updated)

    Fuld has ditched his CFO and COO, but should he himself follow in the footsteps of Stan O’Neal, Chuck Prince, Marcel Ospel, Mark Litzler and Wachovia’s Ken Thompson? At the very least, Di ...

    11 comments

  • Does this = the end of capitalism as we know it?

    When a government has to step in to nationalise one ailing bank, it’s big news. When a government steps in to nationalise two ailing banks, it’s even bigger news. But when a government tries to splash ...

    10 comments

  • Does Melbourne have Australia’s best jobs market?

    With many global i-banks freezing their hiring or cutting staff, Sydney’s gateway-to-the-world status isn’t looking quite so appealing to job seekers. Is it time to move your career to Melbourne? ...

    10 comments

  • Can Pandit handle it (and should you steer clear of Citi if not)?

    If Meredith Whitney’s right, Citi’s going to the dogs no matter how hard Vikram Pandit tries to bed it down amongst the roses. Whitney says Pandit faces an “impossible feat” in turning Ci ...

    10 comments

  • Do careers die in Shanghai?

    Forget ‘Shanghai, Dubai, or goodbye’. Is a move to an emerging market really a one-way bet for your career? Banks are busy transferring as many staff as possible away from the stagnant centres ...

    10 comments

  • No let-up in demand for M&A juniors

    Forget the credit crunch, pitchbook jockeys are still hot. Steven Harker, CEO of Morgan Stanley Australia, says, “Junior M&A positions? Yes, we are still all hiring. The value of the market is down, but not the activity.” This time last year, hiring in M&A would hardly have been surprising. Rising M&A activity meant the analysts and associates who devote their time to assembling pitchbooks used to win deals were in big... Read more

  • Analysts vs. associates

    Are expanding workloads upsetting the delicate equilibrium of analyst/associate relations? Logan Naidu, a consultant at recruitment firm Cornell Partnership in London, says they are: "There's more stress, they get more tense, and it's easier to get ratty with each other." One associate (and former analyst) at a major European investment bank says associates who behave with Ted Bundy-like compassion are the main reason analysts quit: "The culture in investment banks is... Read more

  • Are sovereign wealth funds stupid?

    They’ve lost tens of billions of pounds pouring money into the likes of UBS, Citigroup and Merrill Lynch, and they’re still back for more. Barclays is said to be close to raising £4bn from un ...

    9 comments

  • Will Aussie banks always lose against the Chinese?

    Westpac/St George may be grabbing the parochial headlines, but will that so-called mega merger only create a big fish in a small financial pond? The failure of ANZ to get its hands on Hong Ko ...

    9 comments

  • Does the Old Lady need an economist or an ex-banker?

    The Financial Times says Alastair Darling and Mervyn King are at odds over who should be the next deputy governor of the Bank of England. Darling’s said to want someone with a Cit ...

    9 comments

  • Few women join the banking boys’ club

    When former St George Bank chief executive Gail Kelly moves across to become CEO of Westpac next February she will still be the only female in Australia to head a bank. While all the major and se ...

    9 comments

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