Title. Everyone relax. Won’t replace shit in banking. More efficient analysts just means more deals. Also, have u actually used Claude to model? It’s atrocious, although it’ll obv be remarkable in >12 months, it’ll just enable you to oversee more functions.
| +244 | Return Rates For Interns Are Falling? | 104 | 2h |
| +131 | UBS Americas IB: The Kids’ Table of Wall Street | 18 | 8h |
| +111 | I am a drunk MD AMA | 39 | 18h |
| +64 | VP Lifestyle at Top BB Coverage Groups | 40 | 1d |
| +60 | UBS Offer Day | 23 | 8h |
| +57 | An Outsider’s View of RX Banking Out of College | 6 | 4d |
| +50 | SharePoint makes IB hours HELL | 15 | 4d |
| +42 | Article: Why UBS's Asian M&A bankers are thriving and UBS's American M&A bankers are not | 6 | 3h |
| +40 | WF Return offers | 27 | 2h |
| +34 | No return offer - feeling like a failure is an understatement | 14 | 9h |
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.
Based on the most helpful WSO content, the integration of AI tools like Claude in investment banking is unlikely to completely replace jobs but will instead make analysts more efficient. This increased efficiency could lead to handling more deals rather than reducing the workforce entirely. While current AI tools may not yet be perfect for complex modeling tasks, their rapid improvement over time will likely allow analysts to oversee more functions and focus on higher-value activities.
Sources: Google partners with Goldman Sachs in automating Investment Banking, Future of Banking, https://www.wallstreetoasis.com/forum/investment-banking/goldmans-new-policy-for-investment-banking-analysts-3-reasons-why-it-wont?customgpt=1, European IBs & Commercial Banks
Heard a story of Claude doing custom number formatting to be “- -“ to hide the balance sheet not balancing…
Dude doesn't understand economics at all
Iusto molestiae earum qui sed quo. Quod nobis rerum sed totam qui natus accusamus. Dolor itaque quia suscipit odit quia. Quia soluta reiciendis neque adipisci voluptas error voluptatum.
Recusandae similique quidem quo recusandae doloremque nihil. Temporibus voluptatem quo corrupti nesciunt officiis accusantium. Explicabo sit maiores consequuntur. Illum fugiat accusantium accusamus libero nobis quos.
Deleniti dolorem nemo quaerat magnam consectetur ut. Commodi debitis ratione laborum modi excepturi. Nihil neque totam inventore. Atque quis veniam iure rerum aperiam deleniti. Quisquam molestiae aliquid enim voluptatem.
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...