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  • What's in Your Malus Envelope?

    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 ...

    2 comments

  • Still Buying That Villa / Opus 8 / Tesla Roadster?

    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

  • Would you take a passage to India?

    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

  • Where's the Carnage?

    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

  • Are Aussie brokers becoming corporate drones?

    Working for a niche brokerage firm in Australia? Your days of independence look numbered as the chimes of consolidation ring round the brokerage industry. Southern Cross Equities’ recent sell-ou ...

    9 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

  • Will U.S. Consumers Spend Again?

    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

  • 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

  • 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

  • Best jobs still in Sydney?

    Melbourne might be Australia’s top city for sports and the arts, but arch rival Sydney has a clear lead when it comes to providing jobs for bankers. If you want to make a real impact in the finance in ...

    5 comments

  • False sense of security?

    The US financial services industry is burning, but who’s to say Sydney’s so safe? Bear Stearns doesn’t have an Australian office and Macquarie and Babcock made healthy profits in 2007, but that doe ...

    3 comments

  • Working hours – do China’s bankers have the right idea?

    Forget slogging your guts out for an investment bank, you’re much better off working for the public sector. This, at least, seems to be the conclusion reached by a senior banker in China. ...

    3 comments

  • Guest comment: Is a banking career worth the sacrifice?

    Are long hours, high pressure and bonus obsession worth it? The premature death of a close relative has helped one ex-banker put things into perspective. Over the past couple of weeks, I’ve been ...

    4 comments

  • Getting out of Goldman Sachs JB Were

    The local branch of the world’s most successful investment bank is bleeding staff. What’s going on? In the past month, 11 members of Goldman Sachs JB Were’s Perth team have defected to Citigroup, ...

    3 comments

  • Facing up to Facebook

    Social networking is all the rage, but will it really help you land a job in investment banking? A quick look on the ever-growing Linked In and Facebook websites shows listings of managing direct ...

    6 comments

  • Bigger bonuses on the way?

    Forget the credit crunch. With profits booming, Australia’s big banks are on track to pay out bumper bonuses. ANZ, Westpac, and NAB all reported healthy profit increases for the year to 30 Septem ...

    3 comments

  • Expat packages old hat

    It’s hot, summer’s come early and more people want to work in Australia than ever. Can they negotiate an expat payout? Probably not. The glory days of houses, cars, maids, gardeners and school fe ...

    5 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

  • Analysts: unfulfilled, unappreciated, unrecognised and unpaid?

    An analyst at UBS in New York appears to have resigned in style. The analyst, apparently part of UBS’s US global healthcare group, sent an email to his bosses at 7am last Sunday, informing them h ...

    9 comments

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