FT seeks European banking correspondent

The Financial Times is looking for a European banking correspondent.

The beat is at the heart of a key story for the Financial Times as banks across the region position themselves for a post-Brexit future and struggle to counter resurgent US rivals, which are taking ever-greater market share in investment banking.

While European lenders are still grappling with the legacy of the financial crisis, they now face toughening regulations, the ECB’s negative interest-rate policy and the threat of fintechs and technology giants such as Amazon and Apple offering many services faster, cheaper and easier.

In addition, the candidate 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 less regulated “shadow banks” in modern finance as traditional lenders retrench.

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 essential 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 Duties

• Experience of writing about financial services
• Track record of scoops
• Talent for writing authoritative overviews
• 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
• Demonstrate an ability to report across all digital platforms
• 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

To apply, go here.