Chennai formerly Madras, is the capital city of the Indian state of Tamil Nadu. As of the 2011 census, the city had 4.68 million residents making it the sixth most populous city in India. Chennai s economy has a broad industrial base in the automobile, computer, technology, hardware manufacturing and healthcare industries. The city is India s second largest exporter…
JPMorgan gives you a place in history â and a fat wallet. Neil Hall/Reuters All together, JPMorgan Chase has an over 200-year history. As we ve reported before, it played an indirect role in killing America s first Secretary of the Treasury, winning World War I, contributing to the 2008 financial crisis, and helping avert a more catastrophic financial disaster…
While Iâve written lots of summer internship tutorials, most of them focus on what to do once youâre actually working, or how to prepare for the internship. Even back in the dark ages (in Internet time, 2-3 years ago) one of the most asked questions here was âOK, but how do I get a summer internship in the first place?â Who? Summer internships are only available…
March 16, 2016 The Clintonsâ $93 Million Romance with Wall Street: a Catastrophe for Working Families, African-Americans, and Latinos by Richard W. Behan For 24 years Bill and Hillary Clinton have courted Wall Street money with notable success. During that time the New York banks contributed: * $11.17 million to Bill Clintonâs presidential campaign in 1992. *$28.37…
Spain said to be among several Brexit options explored by UBS âWe will definitely have to moveâ some people, Orcel said UBS Group AG is considering moving investment bankers from London to Madrid as the U.K. prepares for a clean break with the European Union, according to a person with knowledge of the matter. The bank is among a growing number of companies looking…
Philippe Henry to run new corporate and FIG banking division Revamp comes four months after Westerman joined from Goldman HSBC Holdings Plc detailed a new structure for its investment-banking unit to enlarge the scope of the business to encompass its largest corporate clients, four months after it hired Matthew Westerman from Goldman Sachs Group Inc. to help…
One moment that captures how much Britain has changed in the past 50 years was the death on Sunday, January 24, 1965, of perhaps the finest leader in our history. âTonight, our nation mourns the loss of the greatest man any of us have ever known,â the then Prime Minister, Harold Wilson, told the British people that evening. He was referring, of course, to Sir…
Marie Tran (left) and Margaret Delesalle (right) both returned to investment banking after a career break.JPMorganLONDON â The course of a career in investment banking never runs smooth. At the start, it might look like a series of structured transitions from the excel-filled days of the analyst all the way up to the client-heavy dinners of managing directors…
Georgetown University McDonough School of Business hosts the Beta Gamma Sigma Honor Society induction ceremony on Friday, April 23, 2010, in Washington, DC. (Photo by Leslie E. Kossoff)..Prof. Douglas McCabe.Rev. Bryant Oskvig.Dean George Daly.Peter Crnkovich, Morgan Stanley Investment Banking Division Managing Director.Dean Norean Sharpe.Dean Jett Pihakis.Dean…
The Wells Fargo (NYSE:WFC) cross-selling fiasco has seen its reputation for conservative banking take a severe blow. The revelation that sham bank accounts and credit cards were created by employees trying to hit sales targets has also hit the share price: Is Wells Fargo a disaster to invest in now? Of course not. The bank remains, in spite of this debacle, one…
Wells Fargoâs foray into oil shows how Wall Street misjudged the risks hidden in an esoteric type of energy financing long thought to be bulletproof. To fuel the growth of its energy desk, the bank targeted some of the least creditworthy borrowers in the shale patch, offsetting the risk by demanding oil and gas as collateral. This type of financing, known as…
Citi s Institutional Clients Group (ICG) enables progress by providing large multinational corporations, public sector entities, ultra-high-net-worth households and investment managers with wholesale banking products and services via an unmatched geographic breadth and product depth. We are a trusted partner, supporting innovation and growth globally for corporate…
We have a number of exciting internship opportunities across Investment Banking, Global Markets and Corporate Infrastructure. *Fluency in the European language of the regional office is a pre-requisite. The Global Markets internship program in London take place each summer for Analyst interns. The process: Your internship program will consist of two or three…
Kristin Addis, in Namibia.Kristin Addis / Be My Travel MuseIn March 2012, Kristin Addis quit her job as an investment banker in Southern California. Before she left, she d been earning six figures a year, including her commission. However, she remembers, she wasn t happy with her lifestyle. It was hard for me when our paid time off was only 14 days per year,she…
Do you really need to work in the front office of an investment bank? What if youâreâŚ.in the back? Are some jobs in banks really much better than others? If youâre thinking of applying for a graduate job in an investment bank, youâve probably come across the terms, âfront officeâ, âmiddle officeâ and âback officeâ as descriptors for the kinds of jobs banks have…
Scott Schaevitz is co-head of Americas real estate investment banking with Barclays. Prior to joining Barclays in 2008, he served as a Managing Director in the real estate investment banking groups at Lehman Brothers, Wachovia Securities and Prudential Securities. He began his career at E.F. Hutton & Co. Schaevitz received a B.A. from Tufts University…
Poisoned City: Flint and the Specter of Domestic Terrorism Posted on Mar 4, 2016 By Henry A. Giroux / Truthout Nicholas Smale / CC-BY-2.0 This piece first appeared at Truthout. In the current age of free-market frenzy, privatization, commodification and deregulation, Americans are no longer bound by or interested in historical memory, connecting narratives or…
Investment banks are designed to finance or facilitate trade and investment on a large scale. But that s a simplistic view of how investment banks make money. There s a lot more to what they really do. When they work properly, these services make markets more liquid, reduce uncertainty and get rid of inefficiencies by smoothing out spreads. Brokerage and Underwriting…
MUMBAI: An entrepreneur who almost a decade ago ran the popular ambulance service in Mumbai under the â1298â moniker and then launched a start up billed as the Uber of emergency response with pilot projects in Punjab and Dubai has caught the fancy of some of our biggest tech titans and savviest angel investors. After Ratan Tata and Infosys cofounders Kris Gopalakrishnan…
Of the six banks, Citigroup has been most active â primarily through its strategic venture arm Citi Ventures â which has invested in fintech startups ranging from Betterment to Jumio to Square. Goldman Sachs, as weâve previously detailed, has increasingly ventured into fintech startup investing, with thematic investments across payments tech and big data finance…
Capital One Securities, Inc. is a broker dealer providing investment banking, equity research, institutional sales, and equity trading. Founded in 1990 as the energy boutique Southcoast Capital, bought by Hibernia National Bank and finally acquired by Capital One in 2005, we have serviced more than $100B in capital markets transactions, with typical transactions…
If youâre a first year considering a career in investment banking youâre probably aware that employers in this sector offer most of their internships to students in the penultimate year of their degree. However, that doesnât mean that there are no opportunities for you to engage with prospective employers â quite the reverse. Most investment banks hold insight…
Plenty of undergraduate finance majors and Master of Business Administration (MBA) students consider pursuing a career in investment banking or investment management, two intensely competitive fields in the finance industry, after receiving their degrees. According to projections from the University of St. Andrews, investment banks are expected to recruit an…
No, I have not gone crazy and written an article on womenâs fashion. Instead, this is a guest post by . A former bulge bracket investment banking analyst, she has now entered the world of private equity and writes about finance, fashion, and even appropriate at . While thereâs plenty of information on how to dress for success in investment banking, a womenâs…
FILE - In this Oct. 10, 2011 file photo, a magnifying glass is posed over a monitor displaying a Facebook page in Munich. Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analysts negative report about the company before the…
Are you underpaid or overpaid in Singapore investment banking? Our compensation table reveals how your salary and bonus stack up. Does your salary stack up? Do you work in M&A or capital markets in Singapore? Are you looking to see how your investment banking salary and bonus stack up to help you decide whether you might be better off at another firm?…
Would you be interested in working for a multi-award winning recruitment firm? Do you want to be trained in all aspects of Finance and Banking? Would you be excited to be based in Farringdon â one of Londonâs coolest areas? Does a starting basic salary of ÂŁ24k and a genuine ÂŁ50k year 1 OTE interest you? How about working with some of the worldâs leading investment…
