Hard times make for strange bedfellows. It isn't gospel yet, but you heard it here first...
Trending Content - Investment Banking Forum
| +436 | Evercore Intern Seizure | 70 | 1h |
| +147 | Sent my Claude prompt to 200+ Teams chat. MD wants to see me Monday. | 48 | 9h |
| +139 | UBS IB Americas has failed, now behind Santander and Stiffel | 35 | 1d |
| +137 | Some banks are overrated as fuck | 50 | 3h |
| +118 | Beware all those preparing to recruit for '28 | 26 | 4h |
| Current and Former UBS Bankers: Do You Regret Joining? Was It Worth It? | 15 | 5h | |
| +68 | How do I understand vs. just memorizing? | 12 | 2d |
| +53 | IB is the new EY/Deloitte | 26 | 1h |
| +48 | The good and bad with Wells Fargo | 19 | 15h |
| +42 | Tech to IB Pivot | 22 | 2d |
Career Resources
Can anyone tell me why this move would make sense for Goldman Sachs?
are you kidding? they'd get access to its huge retail business and deposit base. however, they'd also drop a neutron bomb on the investment banking segment.
Yeah, as if Goldman has the money to do this...unless government gives goldman 50B to buy Citi
w/o an incentive the move is simply retarted for Goldman. Their stock woud take a major hit, they get giant debt, by god they get the 2nd largest bank by deposits but it will royally fuck them up. <abbr title="investment banking
">IB would get raped.So what do you do? -I work for an investment banking firm. Oh okay; you are like my brother, he works for Edward Jones. -No, a college degree is required in my profession
...quite eloquent.
I want to hear a single reason why a move such as this will negatively impact Goldman's pure IB business...more out of curiosity than anything...
culture clash... try merging those two very different cultures. people are bound to not be happy
I bet we end up with a government rescue. Although I am not totally sure what that would mean for the company. You guys think they'd just buy up all the "bad" assets? What would that mean for the company in the long run? Last thing I would want is Barney Frank determining bonuses (joking).
Omnis dolor voluptas voluptatibus et est officia inventore. Possimus omnis itaque in alias. Vitae ut quod eaque. Doloremque nemo quis quo et adipisci quia deleniti esse.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...