eFinancialCareers

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 ...

US banks aren't exactly known for a glasnost-style approach to employees who talk openly to the press. But when it comes to blogging they err even more on the side of despotism than usual. Back in ...

What’s worse for your career (and your ego) – being thrown on the redundancy scrapheap, or having your salary slashed by a quarter? That was the dilemma faced by CLSA staff who were told to ta ...

Greed is good, risk brings reward and more regulation is rubbish: is this music to your ears after weeks and weeks of being told you’re terrible to work in finance? Embattled bankers have rece ...

It looks like Allco Finance might be finally finished off. Now that it has called off asset sales designed to help keep its creditors at bay, the financial engineering group is in serious trouble. ...

Touted as possible sanctuaries from the problems crippling the Western financial system, do the Middle East or Asia really offer ample job opportunities or even any shelter from redundancies? ...

Are you feeling better about the safety of your investments, not to mention your job, following the Prime Minister’s recent pledges? The Rudd government has promised to guarantee all deposits ...

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 ...

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 ...

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 ...

As Wall Street takes a hammering, will Australian firms put up their own 'no vacancy' signs? The Australian franchises of US investment banks may be hurting the most, but will hiring also be h ...

Dick Fuld may be widely seen as an ogre guilty of hubris and ineptitude, but some people are coming out on his side. The argument in favour of Fuld goes a little like this….There was no need f ...

How will the Australian finance sector cope with the chaos as Lehman Brothers bites the dust and Merrill Lynch sells out to Bank of America? It seem likely that Lehman’s 130-odd Australian sta ...

Think that American investment banking is just one big bloodbath of job cuts, hiring freezes and plummeting bonuses? Barclays begs to disagree. Barclays Capital, the British firm’s i-banking a ...

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 ...

Is it time that Macquarie shifted its headquarters from Sydney and moved abroad? International income is outstripping domestic revenue at the firm’s three largest divisions: capital, equity ma ...

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 ...

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? ...

It may have achieved better than expected second quarter results (CNN), but they haven’t done much to dispel the crowd of caterwaulers baying for Citigroup to be broken into its constituent ...

As the global jobs bloodbath continues to claim more victims, how far would you go to get back into a bank? You could try taking tips from Joshua Persky, a recently redundant Wall Street banke ...