So you thought your banking job was safe? Think again. As Deutsche Bank explained in its giant report on the future of European banking earlier this week, banks' revenues might be improving but banks aren't hiring. Worse, they still have plenty of cost cuts still to make.
Which European banks are hiring and which banks are firing? And what are their stated strategies for the rest of this year and early 2015? Based upon Deutsche's report, this is the digested version of what you need to know.
Deutsche's European banking analysts also provide a short overview of prospects at big U.S. investment banks. In brief:
The boutique investment bank everyone should want to work for
Goldman Sachs hiring associates without MBAs, losing to PE, hedge funds
Where the investment banking jobs are being annihilated. Where they aren’t