After a difficult 2020, it’s starting to look times are changing for students in search of investment banking jobs. As deal volumes go through the roof and current juniors complain of intolerable workloads, most banks are desperate to hire new junior staff as soon as […]
Working long hours as an analyst or associate in an investment bank has long been seen as a rite of passage: today’s senior staff did it when they were juniors, today’s juniors do it now, and when today’s junior staff are senior they’ll expect the same of […]
Who are the key employees at top U.S. investment banks? – The relationship managers who bring in business from corporates? – The fixed income traders, who drove last year’s huge increase in revenues and profits? – The risk managers who prevent everything from […]
I began my career at Goldman Sachs. Like most people who get hired there, I was pretty excited and when I got the job offer I went shopping for a new suit. That was unfortunate: I was a young man with little taste. […]
As Goldman Sachs grows its businesses in the European Union, the number of juniors it employs in Frankfurt and Paris is rising, and the firm appears to be running into some problems retaining them. Sources at Goldman Sachs in Frankfurt […]
Could bitcoin replace gold as a store of value? According to long-time cryptocurrency enthusiast Mike Novogratz, founder of Galaxy Digital, bitcoin, blockchain and decentralized finance are poised to disrupt the payment and financial services ecosystem. Goldman Sachs Asset Management’s Katie Koch, co-head […]
Thursday is the day that Goldman Sachs announces its bonuses for 2020. If it gets them right, people will stay in situ throughout 2021. If it gets them wrong, there will be exits to rival banks and hedge funds. Most […]
As we noted last week, the imminent announcement of bonuses for 2020 doesn’t seem to be dissuading some Goldman Sachs managing directors from leaving for Citadel before those bonuses have even been paid. Edward Eisler may not be quite as aggressive as […]
Not everyone starts a career at Goldman Sachs in Hong Kong because of its reputation for paying good salaries and bonuses – there’s the kudos of having the GS logo on your business card to impress clients, friends and family. And there’s […]
Quand j’ai appris que je ne serais pas promu managing director (MD), je suis rentré à la maison et j’ai pleuré. Pas pendant trois ou quatre minutes, mais pendant plus d’une heure avec ma femme à côté de moi. J’avais 33 ans. […]
