Wall Street Bids Up Junior Banker Salaries in Battle for Talent - Bloomberg
Article mentions how banks are struggling to replace bodies at the analyst level and even loosening up their recruitment processes. Surprised given how many people in my semi target undergrad are still recruiting for 2022 FT and SA positions.
Is there really a struggle to find analysts to support dealflow in M&A?
| +255 | Why UBS Is the Worst Place to Start Your IB Career | 40 | 7h |
| +213 | UBS 2nd Year Analyst Q&A (2026) | 38 | 14h |
| +77 | What's your craziest "hardo" story? | 12 | 2h |
| +70 | Firm Thinks I'm Lying About Offer | 20 | 2d |
| +62 | Indiana University Fraternity Pipelines | 36 | 1d |
| +51 | Rogo AI | 21 | 15h |
| +49 | Elite Boutique interview questions | 17 | 10h |
| +48 | Suspended for a Year | 19 | 2d |
| +40 | Stay at Weak Dealflow Team or Lateral? | 12 | 3d |
| +27 | Wolf of Wall Street vs. Reality: Anyone else feel scammed by the movies? | 10 | 4h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Feel like the article speaks more towards mitigating the junior burnout and turnover rather than attracting new talent. Obviously, increasing pay and other forms of compensation help banks stay competitive from a hiring standpoint. But there are costs from training and ramping up a new analyst every 6 months. I’d rather keep first and second years satisfied than have to hold the hands of new hires until they are up to speed (which can potentially slow down a deal). That’s what the past year has been about, since Covid and especially since the GS survey. Retaining the analysts that are effective at their jobs now, but don’t know how much longer they can stand the stress of WFH + record deal flow.
Unfortunate how they are not matching London/Paris comp to New York. I will be at a bank whose US offices are weaker than their Euro ones (you can probably guess) yet the US offices have higher comp
Probably because we’ve managed to defend against socialism (for now).
All perks of living in a free USA where we can buy guns freely, have lower taxes, liberals and sjw are openly made fun of, and bernie sanders is only supported by losers that frequent reddit
Repellendus consequatur libero repudiandae distinctio. Corrupti quis molestiae neque voluptas voluptates. Odit exercitationem ut in rerum et sed quia rerum.
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...