Bitcoin and other virtual currencies are made possible by what’s known as blockchain technology. Blockchain is essentially a global public ledger capable of automatically recording and verifying a high volume of digital transactions, regardless of location.Bitcoin’s popularity is proving blockchain’s usefulness in finance, but entrepreneurs have come to believe blockchain could transform many…...
Lloyds Bank Invests in New Digital Banking Platform
Lloyds Banking Group has announced that it had invested in a FinTech company as a part of digital shake-up aimed at enhancing the bank’s digital presence.A £3bn transformation and technology investment programme includes the investment of £11m for a 10 % stake in cloud-based core banking start-up Thought Machine, which…...
Top majors for getting an investment banking job
Over the last few years, investment banks have made concerted efforts to recruit a more diverse pool of candidates. While most still covet target schools, almost every investment bank has said publicly that they’re interested in candidates that didn’t necessary major in finance or other traditional disciplines like economics,…...
Recruiting Trends that are Gripping the Financial Industry
As the year ends, many organizations are now speculating on recruitment trends that will potentially impact the Finance industry in 2019. According to Deloitte, the financial services industry can expect to see more issues pertaining to regulation, disruptive models and technologies, continued shifts in demographics, restructuring portfolios, as well…...
Firing in the Financial Services Industry: the 5 Most Common Reasons Finance Professionals are Laid Off
Being laid off or fired, though extremely unpleasant, is very much an aspect in every professional industry. This is especially so in today’s fiercely competitive Financial Services market, where for every one employee, you have numerous potential replacements and applicants for the same position. It stands to reason that…...
Tips To Master Recruitment In A Candidate-Driven Market
Recruiting is challenging enough when employers get to control most aspects of a hire. In a Candidate-Driven industry or geographic region, the task becomes several degrees more difficult, when the pool of talented individuals qualified for a role are in low supply, with a high demand for their services.…...
“Overqualified” Applicants Often Overachieve
While established firms typically will consider only experienced applicants in their search for Financial Services employees, they often consider too much experience a negative trait. “Overqualified” candidates, they assume, will consider the position beneath them, will quickly become disillusioned with their lower station in the corporate world, and will…...
To Maximize Success, Place Financial SuperStars in Key Roles
Every team in the National Football League and Major League Baseball all would love to field superstars at every position. The same is true for Financial Services firms and Banks. Chief Lending Officers, Managing Directors and CFO’s devote countless hours devising ways to lure, hire, and retain all-star talent.…...
Fundamental Differences in Managing Financial Millennial’s
Millennials working in the financial world of today and tomorrow are not motivated by the same things that inspired their parents, and most likely, their supervisors. Obviously, younger employees are accustomed to accessing information, whether personal, social, or professional, at the click of a few keys. They also seldom…...
#1 Key to Effective On-Boarding Finance Employees
Newly hired finance employees often feel overloaded with information about their new company, its policies and procedures. Rather than bombarding new hires with paperwork, policy books and forms to compete, the most critical thing that a company can do to increase the chances for a new hire to still…...
Man vs. Machine: Financial Analysts in an Age of Automation
The ‘Man vs. Machine’ debate is as old as the discovery of wheel. However today, with the advent of modern digital technology, the debate has become increasingly heated. Hollywood has also joined in. Movies, such as Avengers: Age of Ultron and Ex-Machina, show horrendous consequences of machines making use…...
Elevate Your Finance Team For Strategic Advantage
Most companies rely on their Finance Departments for dozens of daily duties: controlling expenses, keeping an eye on overhead, investing assets, etc. Industry innovators are smart to focus on attracting finance professionals who possess skills not only in these operational duties, but in strategic leadership abilities as well. Employers who…...
