Hedge fund managers will see a 34% pay cut

Top managers at hedge funds, following the exodus of investors disappointed with high fees, are about to feel the pain from an expected 34 percent reduction in their compensation. Recruiter Odyssey Search Partners stated in a report this week following a September survey of 500 hedge fund professionals that while fund managers might experience the biggest pay reduction in the industry, […]
Lloyds bank

Lloyds announced major workforce cuts

The latest round of job slashing, which is mainly aimed at personnel working in retail, marketing, finance and risk division and group operations, follows...

Tilney Bestinvest nurtures Liverpool’s future investment professionals

Leading investment management and financial planning group Tilney Bestinvest recently welcomed four students from schools across Liverpool into their office in the iconic Royal...

Tracey McDermott: FCA top job ‘not right for me’

Financial Conduct Authority acting chief executive Tracey McDermott is to leave the organisation on 1 July, the organisation announced today. McDermott became the acting CEO...

City of London more likely to send Brits to do low-end jobs

If you want to work in investment banking, most likely you want to work in the so-called ‘front office’ doing sales and trading, or...

Women don’t outperform men as investors

Women running hedge funds accomplish no more than men in similar positions, the study says. This challenges some of the previous research and an...

Are women better finance bosses than men?

There's a common notion among investors that companies with women in senior positions regularly outperform. The question is how are connected female CEO and market returns? On one...

Planning to work until you are 70? Your stress may not let this happen.

One in five (21 per cent) Brits don't expect to retire until after their 70th birthday, study by Willis Towers Watson has found. The study also discovered that...

Revealed: Top 5 cities for booming banking career

New York is the number one global destination for graduates who successfully complete the flagship graduate programme at one of the world’s largest independent...

Competition is tough at London’s financial job market

A survey by Morgan McKinley reports that this September, the number of currently available positions in the UK's financial hub dropped by 5% making...

Hermes Investment Management puts cap on salaries

Sky News has reported that Hermes investment management firm introduced the document to the chairs of FTSE 350 companies' remuneration committees. This is the first time...

Want to work 80+ hours a week? These banks make people work hardest

The life of a typical investment banker is like an endless vacation to Ibiza - you get very little sleep, become old and cynical...

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