Do not bother, says a retired hedge fund manager

Raoul Pal, who comanaged the GLG Global Macro Fund in London for GLG Partners and retired at 36 in 2004 commented: “It’s a pretty miserable industry.” Pal said he is getting mails on a daily basis asking how to get into the industry. His answer is “Don’t bother.” He said that managers “don’t get paid anymore. […]
David Kamo Goldman Sachs

Investment banker David Kamo leaves Credit Suisse for Goldman Sachs

Goldman Sachs Group hired investment banker David Kamo from Credit Suisse Group AG as it seeks to grow its business working with private equity...

Friendly workplaces promote herd mentality – study

Work friendships can contribute to a lack of creative diversity in the office, according to new research from Rotterdam School of Management, Erasmus University. Relational...

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...
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...

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...

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...

EY promotes 714 new partners worldwide

EY announces that 714 people globally have been promoted to partner. This year's new partner class includes a record percentage of partners from the...

Finance is the main route to the corporate top

The majority (86%) of UK Chief Financial Officers (CFOs) are driven to reach the top role of Chief Executive Officer (CEO) in their current...

Reuters publishes Top 100: Europe’s Most Innovative Universities ranking

KU Leuven, Imperial College London and the University of Cambridge top the inaugural Reuters Top 100: Europe’s Most Innovative Universities ranking. KU Leuven, Imperial College...

MBA Employment Survey: Record level of MBAs looking for jobs beyond Wall St.

New hiring trends are emerging for MBA graduates as job candidates increasingly look for diverse career opportunities and job offers become less abundant, according...

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...

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