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Brussels agrees to banker bonus caps[quote=bengigi]All this will do is make the banks increase the base salaries, which means they will be in even more sh*t when things go bad...[/quote] Really though? From the bank's perspective, a comp scheme emphasizing bonus over base salary has a number of advantages. Most obvious is (i)... 2 years 2 months
anyone else catch this?It's the little things in life that keep you going, right? 3 years 4 months
Target Ivy, Junior SA; tear me a new asshole!****Update - 21 Sept: Got the full time offer. Thanks guys. **New draft: **See reply no. 11 for updated notes Thanks for the help, I appreciate it. A few notes detailing my perspective: I'm a junior applying... 2 years 8 months


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Wall Street Relationships & You[quote=mikesswimn]Worry not @Sandhurst I can take constructive criticism. I don't expect everyone to like my style of writing. That being said, while your thoughts are appreciated (I'm always interested in improving as a writer), based on what you've said, I think your expectations of the piece... 1 year 5 months
Wall Street Relationships & YouNote: this isn't personal. I don't know you. But I do know fluff when I see it. I'm sort of at a loss here. What is this? You're all over the place. You echo the sentiment: "don't date other bankers, and definitely don't date bankers you work with." You continue, "in general, this is... 1 year 5 months
background check - potential issueThis isn't China. You aren't guilty until proven innocent. I would be fairly confident that you will be fine. At most you will be asked to explain, and you will repeat what you just typed (although in more detail). 1 year 5 months
Asset management divisions of investment banks[quote=happyivey]Hi Sandhurst, What is the reputation of Allianz on the street? I know it is one of the largest asset managers in the world because of their great insurance business, but I am wondering how having a summer internship there compares with BB or other American AM firms such as... 1 year 5 months
Best Pranks on the Summer Students[quote=NYKnicks92]these stories are hilarious, cant wait to screw with the interns[/quote] I mean yes, it's a time-honored tradition. But there is a line. Obviously. 1 year 7 months
David and Goliath: The Boutique and The Bulge...[quote=Nouveau Richie]Fake Banks/Valuation Shops: Duff & Phelps, KPMG Advisory, PwC M&A, etc.[/quote] I just.. thank you. I fucking snorted out loud. This point needed to be made. 1 year 7 months
Baird vs. Blair vs. Lincoln vs. Houlihan (CorpFin)Echoing the post above, William Blair is a helluva company. It's one of the largest old-school partnerships remaining in investment banking, they do great work, they value their people.. I don't mean to speak negatively of the other firms you've mentioned, but in my understanding, William Blair is... 1 year 8 months
Moelis LA vs. Centerview NYIf you are leaning in any meaningful way towards going to the buy-side, then I would avoid Centerview. They are very up-front about their expectations regarding a commitment to the firm -- and honestly, this is a strength in my opinion for a number of reasons. But, if they do take these... 1 year 9 months
MS/JPM FIGSo what's been said is generally speaking pretty good. JPM is strong in FIG, and they tend to do well with placing their Analysts. MS is also a great platform. If you are leaning more towards PE, I would suggest you consider JPM, but this is honestly a fairly good dilemma to have. 1 year 9 months
How to update the phone number after submitting...Call them and tell them what's up. These kind of nuanced what-if scenarios are always more headache than they're worth figuring out. 1 year 9 months