eFinancialCareers Editorial Feed

If you're looking for a steady career with growing prospects adjacent to financial services, you might consider business development in hedge funds. It's all the rage.  In April we reported that Eleanor Sharkey, Citadel's London-based head of business development for international equities was moving on. Sharkey has yet to turn up elsewhere, but while she sits out the market another senior equ…

The first quarter was a mixed bag for the world’s biggest banks. Global investment banking revenue was well up, especially in the US, as was trading volume (mostly due to Iran-driven volatility). But not every bank benefited – and some of the most unfortunate were in France. Click here to join the bubble by eFinancialCareers, our new anonymous community.  ✍️ Even though global banking revenue d…

Where is Stuart Ord? Three days ago, Ord, who was co-head of M&A at Deutsche Bank, announced he was leaving and going on gardening leave.  Ord isn't commenting on his intentions. But when he returns from gardening leave in August, we understand that he is joining Citi. Citi declined to comment for this article. Sources at Citi say Ord's arrival has already been announced internally. It is u…

I am not working nor have I worked for the past two years. This situation is not my own doing. A managing director wilfully destroyed my 15 year banking career.  I spent over a decade working for the same leading US investment bank in the US. I was not in a front office role but the sort of support position that means you get moved around. I was moved often and I was ok with that. I am a very …

Amidst the furore over the alleged abusive relationship at JPMorgan, there are good news stories about financial services relations out there. One of them concerns Shane L. Campbell, a senior managing director who has found himself proclaimed as a fabulous find. Campbell is "romantic", "deliberate," and "chivalrous." He treats his girlfriend to extravagant, intentional and "planned out" dates. …

Hedge fund Brevan Howard's macro-focused Master Fund has had a tumultuous time. After it was reportedly up only 0.8% in 2025, it reportedly fell 6.6% in March amidst the chaos induced by war in the Middle East. It's not clear whether the Master Fund has since recovered, but there are signs that Brevan Howard as a whole is adding new macro talent. As we reported last week, Brevan is thought to…

If you’re in sales & trading , life is pretty good for you right now. The world is in a volatile place (which, of course, isn’t great for the world), and your entire career is built on making money – for yourself and for your employer – on that volatility. So, you’re beaming from ear to ear after last year’s bonus season, right? Right? Click here to join the bubble by eFinancialCareers, our new …

Citi's markets business is better than it used to be. Speaking at last week's investor day , Andy Morton , the US bank's popular head of markets, observed that in the dark days of 2023, the return on average tangible common equity in the business was only 8%. In the first quarter of 2021 it was 19%.  Times have changed. 💥Follow us on WhatsApp for news alerts. 💥 They have done so partly thanks…

Citi's markets business is better than it used to be. Speaking at last week's investor day , Andy Morton , the US bank's popular head of markets, observed that in the dark days of 2023, the return on average tangible common equity in the business was only 8%. In the first quarter of 2021 it was 19%.  Times have changed. 💥Follow us on WhatsApp for news alerts. 💥 They have done so partly thanks…

What do you do if you’re a young superstar trader at a huge, globally successful firm? Well, perhaps you leave it and join a rival. Click here to join the bubble by eFinancialCareers, our new anonymous community.  ✍️ Carlo Didonna joined Morgan Stanley earlier this month as a managing director (MD) and head of the firm’s US exotics trading team. He joined the firm from Goldman Sachs, where he s…

As we observed on Friday, French bank BNP Paribas appears to be ushering people out of its London office. BNP is not commenting, but we understand from insiders that at least 20 people have recently submitted to this process. 💥Follow us on WhatsApp for news alerts. 💥 They include Will Fairley and Dan Smith, the bank's head of hedge fund coordination and a senior equities trader, whose disappea…

When we said , courtesy of the Wall Street Journal , that Chirayu Rana - the former JPMorgan senior vice president (SVP) accusing a colleague of making him her sex slave - wanted $12m from JPMorgan , it turns out that we were wrong. We can now say, courtesy of the WSJ, that what Rana really wants may be more like $22m.  This has not been confirmed by Rana's attorney, who didn't respond to mult…

Last time we wrote about Miami hedge funds, it was November 2025 and New York hedge fund managers were saying things like: "When my kids grow up, I'm moving to Miami." Six months later, things have changed and they might be inclined to move sooner. Or not. 💥Follow us on WhatsApp for news alerts. 💥 The main change is that Zohran Mamdani, the New York Mayor, made a video of himself standing outs…

It's been five years since BNP Paribas full ingested Exane. Senior Exane people are still vanishing from the combined franchise in London. 💥Follow us on WhatsApp for news alerts. 💥 The latest two disappearances are understood to have worked for Exane for a combined 20 years. Will Fairley, the bank's head of hedge fund coordination is understood to be leaving. So too is Dan Smith, a senior equit…

Banks would have it that artificial intelligence is not coming for junior banking jobs. Anthropic has other ideas.  On Tuesday of this week, Anthropic announced the release of "ten ready-to-run agent templates" for financial services. The templates cover an array of tasks that were previously the domain of the weary junior investment banker. They include: pitchbooks, monitoring earnings reviews…

The hedge fund industry had a standout 2025. Goldman Sachs noted that the industry had “momentum” after a second consecutive year of “unprecedented success outperforming their benchmarks.” The industry also reached a record assets under management above $5tn for the first time in its history. But how well were the people who work in hedge funds paid for their work? Click here to join the bubbl…

I work for an asset management firm in London and I have recently become a father. The paternity leave I have been offered is pitiful.  💥Follow us on WhatsApp for news alerts. 💥 It's 2026 and my firm is offering new fathers two weeks' leave. It is an impossible situation and I am not alone in feeling it. There are a few of us and we have all asked for more time off when our children are born. …

If you thought that Nirubhan Pathmanabhan, Goldman Sachs' co-head of global rates trading and a partner at the firm since 2011, would be collecting stamps and wearing slip-ons when he retired in January 2025 , you were wrong. Maybe there was a bit of this, but 17 months later Pathmanabhan - seemingly aged in his late 40s - is back. Not at Goldman. 💥Follow us on WhatsApp for news alerts. 💥 Like …

Banking bonuses for 2026 are currently a topic of discussion. It’s all rather wild speculation at the moment, as bonuses are driven by bank more than anything, and there’s only a quarter of results to go by so far. However, there are some banks standing out already for their performances. Click here to join the bubble by eFinancialCareers, our new anonymous community.  ✍️ According to market i…

It's investor day at Citi. The live "business presentations" have only just begun, but if you can't wait to hear the speeches, you can peruse the PowerPoints. If you can't peruse the PowerPoints, we have done this and we bring you news of what they contain. Tales of talent and operators  Since March 2021, Citi has been run by Jane Fraser. Jane Fraser has hired people like Vis Raghavan and And…