Thursday, June 14, 2012

Newsletter: Bosses care about their bonuses, not you

eFC.com
Hiring and pay trends in banking, finance and securities 14 June 2012
TOP STORIES
Life as a J.P. Morgan analyst: Be sure you really like financial markets, you don’t want to be waking up at 5.30am if you don’t enjoy it 
The hours in investment banking are intensive, and you'll receive responsibility right from the start, so you'll have to be open-minded and flexible
Read more...
Salary increases of 79 per cent sound super at Nomura. The reality is rather different  
On the surface, it's a story that could have easily riled up public sentiment against bankers. Nomura's top managers have been awarded pay rises of 79 per cent for the last fiscal year. But Japanese banking chiefs typically earn a lot less than their Western peers.
Read more...
Guest Comment: When making you redundant, bosses care more about their own bonuses than your feelings  
It's always tough when you are invited for a conversation with a senior manager who has never held a face-to-face conversation with you before. You are probably being fired, or to put it more politely, “let go”.
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Samsung Securities has been a good hunting ground for equity researchers, but it's still a downbeat employment market
Earlier this year, we wrote about the sorry plight of equity researchers in Asia. Redundancies were made in Samsung Securities, UBS and RBS. Things seem to be looking up slightly since.
Read more...
What it's really like to lead a team of private bankers in Asia 
Jackie Pang is an executive director and team leader at Coutts Hong Kong. She graduated with a degree in commercial economics in the Netherlands, followed by an MSc in financial management from the University of London. Pang has worked at Coutts for nearly seven years. She speaks to eFinancialcareers about her career
Read more...
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