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Lab49 - Featured Employer of the Month

Lab49 UK Limited is a rapidly growing technology consulting firm that builds advanced solutions for the financial services industry. Clients include many of the world’s largest investment banks, hedge funds and exchanges.

HOT LIST

Age 23 - Is This Banker The Youngest VP Ever ?

Each year thousands of graduates / MBAs find work in the financial markets. All start at (or near) the bottom of the ladder, and hope that one day they will make it big. Few do. And those who eventually achieve success usually face a relatively long wait. Not so one young man who, at 23, just might be the youngest VP ever to attain that position in a major investment bank.

The Lucy Gao E-Mail

Here the most famous e-mail ever sent out by a City intern. Lucy Gao is the 21-year-old Citigroup intern who had a placement in the company's Real Estate Equity Group in London, and whose birthday invite to her friends 13 months ago found it's way onto the internet and did the rounds at investment banks all around the world.

The World's Most Successful Traders In 2004 ?

We all know that whereas M&A was once King, the torch has now passed to the trading boys. Well, Trader Monthly magazine recently published its second annual list of the world's most successful traders (for 2004). The magazine has estimated what each trader makes by speaking to hundreds of industry sources, and sometimes the traders themselves. Because it is difficult to get a precise number, an earnings range has been applied against each trader's name. Here are the guys at the Top of that list:

Staff Said To Have Worked In Fear

Here's the testimony of Mark Froeba, who, before leaving in 2007, was jointly responsible for evaluating all Moody's new CLO rating guidelines, before the US Financial Crisis Inquiry Commission Wednesday.

Shock & Awe - The Greatest Fireworks Show on Earth

Very rarely has the description "Fireworks Spectacular" been so aptly used. Here's a video of the Oban Fireworks Display of 2011. A display which should have lasted 30 minutes ends up lasting just 50 seconds, and we're not treated to a single firework fizzling out, this is £6,000 worth of explosives being simultaneously deployed.

Who's Been Hired Or Is On The Up ?

Citigroup has hired Carl Scott to head up its European interest rates exotic trading division. Scott, previously at WestLB, will replace Marco Arosio, who is taking up a new role in Citigroup's interest rate structuring team.

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