European Banking Correspondent – Financial Times (London)
The role
The Financial Times is looking for a European banking correspondent to cover one of the busiest and most exciting beats in the newsroom.
European banks are grappling with better capitalised and US rivals, a tougher regulatory environment and lower interest rates that will have a big impact on their bottom line. At the same time, the battle for talent is only set to intensify after the UK lifted the bonus cap making it a more competitive market.
You should be prepared to break news on a potential wave of consolidation across the continent as executives seek to boost scale and cut costs through M&A. The team will also be taking a closer look at the growing role of non bank financial institutions and how they compete with traditional banks.
The job requires a combination of financial knowledge and analytical skills to weigh the different strategies being pursued and to spot the winners and losers as they emerge a decade on from the crisis.
Dogged reporting is critical to unearth fresh details of banks’ evolving business models, root out scandals, identify the incoming class of new top executives, as well as initiatives to tackle deep seated cultural issues like sexism and market abuse.
Key responsibilities:
- Collaboration within the tight-knit financial services team in London
- Liaising with colleagues in the US and across the European financial centres of Frankfurt, Zurich, Paris, Madrid and Milan
- Engage with our audience through social media, interactive content and events
- Produce charts and identify opportunities to collaborate with the Visual and Data Journalism team
- Weekend shifts are required as part of the team rota
Your skills:
- Experience of writing about financial services
- Track record of scoops
- Talent for writing authoritative overviews
- Demonstrate an ability to report across all digital platforms
Please submit your application by the end of the day, Wednesday 21st August 2024.
Benefits
Our benefits vary depending on location, but we are committed to providing best in class perks across all our offices as well as an inclusive environment to develop your career. Examples of our benefits include; generous annual leave allowances, flexible working (including working from home), medical cover, enhanced parental leave packages, subsidised gym memberships and Giving Back opportunities. Full details of our benefits can be found here.
How we work
Our hybrid setup means staff are encouraged to come into the office 3 days a week.
Our office is located across the street from St. Paul’s Cathedral and is easily accessible from all corners of London. There are the main train terminals such as Liverpool Street, Moorgate, Blackfriars, City Thameslink or Waterloo all situated within walking distance or there are several tube stations within a few mins walk such as Mansion House, St. Paul’s, Bank or Barbican.
Our commitment to diversity and inclusion in the workplace
The FT is committed to providing an inclusive working environment for all. We are an equal opportunities employer who seeks to recruit and appoint the best talent regardless of age, gender, ethnicity, disability, sexual orientation, gender identity, socio-economic background, religion and/or belief. We believe that a supportive workplace is one where employees feel they can be themselves at work and have the flexibility they need to meet their personal needs.
Please let us know if you require any adjustments as part of the application process or to enable you to attend an interview. If you would like to discuss your requirements, or have any questions, please contact talent@ft.com and a member of our team will be happy to help.
About the Financial Times
The FT has an uncompromising mission: delivering independent, quality information, news and services to individuals and companies around the globe. It’s the cornerstone of our reputation and the heart of our ambitions for the future. But for our people, the FT offers so much more than what we do. FT people come from all kinds of backgrounds and work across a huge range of disciplines and locations, and find an empowering, warm and welcoming culture that values curiosity and rewards smart, ambitious thinking. Those who are willing to unite around our mission and live our values will find plenty to challenge, inspire and interest them. Like the audiences we serve, no two FT people are the same; but together we help our audience be better informed and understand the world around them. It’s a job that’s never mattered more, and a career that can take you anywhere you want to go.
