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Previously on "Investment Banking Contracts"

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  • LondonManc
    replied
    Originally posted by cinawar View Post
    Yes, thank you for the answer. Everyone focused on the price situation but the market is sustainability most important. Some of them are skeptical of my English case. Whatever his thinking. I have enough market information about investment products, Asset Mng, FX, Spot/Forward, Repos,Securities etc. I am a Team leader in my department and My experience are covered both as know-how as the business software. I'm not the only one by writing code.


    I just wondered investment banking in UK becomes saturated or not ? or what awaits its in the future.

    I think this is very simple.

    P.S : I do not need to hire me Mr. Lit. Teacher
    When considering your English level, the role is key. If you cannot communicate effectively in the native language, you will struggle in that country as a team leader. I speak reasonable conversational level French and German but know that I wouldn't be able to inspire people to work for me if either was the primary language.

    If you were an experienced coder, for example, then the language proficiency would be less of an issue; I have regularly worked with developers whose second language is English but are thoroughly competent in what they do.

    I wouldn't be in London if it wasn't for the rate as it covers my costs of staying away and compensates for that time away too. In terms of longevity in IB in London, that is a personal thing and is down to how you perform your role.

    Leave a comment:


  • MrMarkyMark
    replied
    Originally posted by cinawar View Post
    P.S : I do not need to hire me Mr. Lit. Teacher
    I wouldn't hire you, in any case, under any circumstances.
    You can barely string a coherent sentence together.

    HTH.

    Leave a comment:


  • cinawar
    replied
    Originally posted by LondonManc View Post
    I gave as accurate an answer as I could, given the question asked.

    You've not said what level of role, what skillset you have and what relevant experience you have. I'd stay permanent for now if I were you and see how the job market pans out with the new regulations over the next couple of years.
    Yes, thank you for the answer. Everyone focused on the price situation but the market is sustainability most important. Some of them are skeptical of my English case. Whatever his thinking. I have enough market information about investment products, Asset Mng, FX, Spot/Forward, Repos,Securities etc. I am a Team leader in my department and My experience are covered both as know-how as the business software. I'm not the only one by writing code.


    I just wondered investment banking in UK becomes saturated or not ? or what awaits its in the future.

    I think this is very simple.

    P.S : I do not need to hire me Mr. Lit. Teacher

    Leave a comment:


  • LondonManc
    replied
    Originally posted by cinawar View Post
    Thank you Bluenose, You wrote really good things than the others. I am aware of the Chinese market (emerging markets) situations. If EMs are falling down rapidly, then IT and finance sector will never stand up. So I want to learn market trends and whats will be in the future period.I have a whealty and good position in my permanent job. I dont want to lose my honey&milk in my hand to move and stuck in a contractor markets.

    Maybe I am so curiou about the details but I have to be.

    if someone wants to add more thing I want to hear allofthem.
    I gave as accurate an answer as I could, given the question asked.

    You've not said what level of role, what skillset you have and what relevant experience you have. I'd stay permanent for now if I were you and see how the job market pans out with the new regulations over the next couple of years.

    Leave a comment:


  • MrMarkyMark
    replied
    Originally posted by cinawar View Post
    Thank you Mr. Literature teacher I will consider what you say.
    I was being very serious, actually.

    I have had to assist with hiring many times before, in IB, badly written communications, or, CV's go straight in the bin.

    I expect high standards when engaging contractors, not taking care with communications, makes me doubt their other skills, too.

    Leave a comment:


  • cinawar
    replied
    Originally posted by MrMarkyMark View Post
    Oh well, I thought my regulatory comment was valid, obviously not



    Yes, I suggest you concentrate on your English, your, written, communication is terrible.
    Thank you Mr. Literature teacher I will consider what you say.

    Leave a comment:


  • MrMarkyMark
    replied
    Originally posted by cinawar View Post
    You wrote really good things than the others.
    Oh well, I thought my regulatory comment was valid, obviously not

    Originally posted by cinawar View Post
    if someone wants to add more thing I want to hear allofthem.
    Yes, I suggest you concentrate on your English, your, written, communication is terrible.

    Leave a comment:


  • cinawar
    replied
    Originally posted by Bluenose View Post
    1. Investment Banks will keep losing money as their business model is in structural decline

    2. They will keep trying to cut IT budgets in order to maintain their lifestyle

    3. They will move jobs to India and 'some ex-mining/ship building town in Scotland'

    4. The IT systems will be worse than smaller shops who employ higher quality resources

    5. They will eventually go out of business.

    or.

    They will reverse the decline and go back to the heady days of 2006.

    Keep an eye on Thursdays results for an indicator, China has been keeping them afloat for a while, will be interesting to see what happens now China is in slow-motion-car-crash mode.
    Thank you Bluenose, You wrote really good things than the others. I am aware of the Chinese market (emerging markets) situations. If EMs are falling down rapidly, then IT and finance sector will never stand up. So I want to learn market trends and whats will be in the future period.I have a whealty and good position in my permanent job. I dont want to lose my honey&milk in my hand to move and stuck in a contractor markets.

    Maybe I am so curiou about the details but I have to be.

    if someone wants to add more thing I want to hear allofthem.

    Leave a comment:


  • nomadd
    replied
    Originally posted by cinawar View Post
    Hi All,
    I am newbie. I have lots of questions in my mind. But One is bigger than the others. Whats the future of Investment Banking development in London. it keeps growing up or is there any clue to rapidly slowing down in 2016?

    And whats the daily rate and price fluctuation.
    All of the above.

    Leave a comment:


  • Bluenose
    replied
    Originally posted by cinawar View Post
    Hi All,
    I am newbie. I have lots of questions in my mind. But One is bigger than the others. Whats the future of Investment Banking development in London. it keeps growing up or is there any clue to rapidly slowing down in 2016?

    And whats the daily rate and price fluctuation.
    1. Investment Banks will keep losing money as their business model is in structural decline

    2. They will keep trying to cut IT budgets in order to maintain their lifestyle

    3. They will move jobs to India and 'some ex-mining/ship building town in Scotland'

    4. The IT systems will be worse than smaller shops who employ higher quality resources

    5. They will eventually go out of business.

    or.

    They will reverse the decline and go back to the heady days of 2006.

    Keep an eye on Thursdays results for an indicator, China has been keeping them afloat for a while, will be interesting to see what happens now China is in slow-motion-car-crash mode.

    Leave a comment:


  • LondonManc
    replied
    Originally posted by cinawar View Post
    Hi All,
    I am newbie. I have lots of questions in my mind. But One is bigger than the others. Whats the future of Investment Banking development in London. it keeps growing up or is there any clue to rapidly slowing down in 2016?

    And whats the daily rate and price fluctuation.
    The future of investment banking in London will be driven by lots of different factors. If I knew the answer to this, I'd be able to add a 0 to the end of my day rate.

    Daily rate? Depends on your skills, experience and role. Cleaners generally get paid the worst, front office analysts with in depth SME skills the best.

    Leave a comment:


  • northernladuk
    replied
    I think you are asking the wrong question. I think you should be asking what you can bring to IBs. If it isn't much them you've a problem whatever the market. If it's a lot you'll be fine whatever happens.

    Leave a comment:


  • MrMarkyMark
    replied
    Who knows how it will grow, certain areas are constricting, rather than growing at the moment?
    Regulatory reporting and stabilisation of systems will continue to grow, especially as new regulations come into force.

    Rates are dependent on what you do and experience you can offer, can be low as £350, can be as high £800 for a dev. The higher end will require specialist knowledge, however.

    As for price fluctuation, negotiation is key.

    Fill your boots

    Leave a comment:


  • cinawar
    started a topic Investment Banking Contracts

    Investment Banking Contracts

    Hi All,
    I am newbie. I have lots of questions in my mind. But One is bigger than the others. Whats the future of Investment Banking development in London. it keeps growing up or is there any clue to rapidly slowing down in 2016?

    And whats the daily rate and price fluctuation.

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