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 ...
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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 ...
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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
Anonymous 10 Apr 2007 - 23 comments
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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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Becoming a serious regional player has long been a key aim for ANZ, but is the bank’s Asian expansion about to come to an abrupt end? ANZ already has a presence in Vietnam, Indonesia and Malay ...
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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 ...
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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
Anonymous 14 Jun 2007 - 10 comments
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
Anonymous 03 Mar 2008 - 10 comments
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 ...
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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 ...
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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? ...
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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 ...
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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 ...
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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 ...
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They’ve “pissed off” ANZ boss Mike Smith, and chances are they’ll be top of your hate-list too. Are blood-sucking day traders the trailer-park trash of the finance world? Never one to mince hi ...
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