Banking's not for wimps, but neither should you tolerate being bullied, says Hugh Karseras, author and senior banker. Does bullying go on in the City? In my experience, yes, but don't expect to see trading floor managers hurling chairs at hapless underlings. Bullying in the City is often a lot more subtle, a lot harder to evidence and a lot more insidious. It's important to differentiate between someone who is normally... Read more
By Hugh Karseras 02 Aug 2007 - 3 comments
Complaining when work's dumped on you isn't a good idea, says Hugh Karseras, author and banker. That doesn't mean you can't get away with it. A few months ago there was an email exchange posted on eFinancialCareers between an analyst and an associate that stimulated substantial debate. The nub of the issue was that an analyst, tired of having work dumped on him, complained to an associate who responded aggressively and... Read more
By Hugh Karseras 16 Aug 2007 - 0 comments
Want to ensure you move on from analyst to associate? Hugh Karseras, our banker on the inside, advises how it's done. Being a great analyst is not complicated. You need to get your 'stuff' done and you need to get your 'stuff' done well from day one - no matter what. Even after the months of the training programme, you are, let's face it, pretty clueless and the first several months... Read more
By Hugh Karseras 10 Sep 2007 - 0 comments
Promoted from analyst to associate this year? Our resident banking insider, Hugh Karseras, offers pointers on how to get ahead in your new position. I'm in the fortunate (or not) position of having two director-level friends who manage the analyst and associate pools at different investment banks. I asked them what it takes to progress as a newly appointed associate – and guess what? They came up with identical answers. According... Read more
By Hugh Karseras 09 Oct 2007 - 0 comments
Times are tough, but they are going to get tougher, particularly for junior staff, says Hugh Karseras, author and senior banker. In case you hadn't noticed, there has been a torrent of bad news in recent months. Banks’ bonus pools are down and hiring plans for the next year across the Street are being reined in. One consolation is that it does not, for now, look like we are going... Read more
By Hugh Karseras 15 Jan 2008 - 0 comments