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.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.