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Queue line of posts from high school/freshman saying to avoid DB SA opportunities...
junior staff will still have cash bonuses unless management is insane
"We have taken down cash bonuses that we planned for this year," Schneck said, adding that tying the compensation of senior employees to share price made sense, but no decision had yet been taken"
Yeup, senior employees only. Juniors are fine (given the DB situation at least).
I had an interview with DB about three weeks ago and I asked the interviewer about DB's outlook in the future. He said that they work so hard that they barely even pay attention to whats going on in the news and not to panic. He also said that its not as bad as it seems. He was obviously lying. I bet he's trying to jump ship as I type this.
Wtf, that's an awful question to ask in an interview. You shouldn't remind the poor guy that his job is in jeopardy
There was a thread started earlier this week that asked if it would be good to bring up WF's scandal during the interview. A lot of people need to work on their common sense.
I didnt see it as an awful question to ask. He mentioned that several candidates asked him that question prior to my interview.
It's more insulting that you think he has a gold fish memory and mentioning it equates to reminding him.
Interviews aren't always meant to be a one-directional interrogation, you are there to also ensure you are happy with what they are offering.
Different bank, but had an interviewer respond to my leading question of "what do you like about XYZ bank".... "I'm actively trying to get out of here". That was fun. Straight to the point.
Dear Deutsche Analysts,
1.) It could be worse.
2.) Things will work out in the long run.
-A Lehman Analyst (Credit Analytics), Class of '07.
I'm stealing this....
Might as well work until the ship burns right?
IT could be worse.
Currently student at top-tier target school (HYPW) with a 3.8-4.0 GPA, triple major in Econ/Finance/Math.
Given the current climate at BD and the fact that i'm trying to make fucking bank, do you advise against not accept a FT offer for this summer?
For that matter, I advise that you save the $160K you're paying to HYPW (having also been a student there), become a construction contractor instead, and make bank that way. Seriously my condo building just spent $300,000 to have a dude go around and install caulk on all of the wall baseboards in our building during a recent renovation. This took one guy pulling a 37.5 hour workweek ~15 weeks.
Finance is an industry where supply is on a secular increase. Construction is an industry where supply is in secular, terminal decline. (Who wants to do carpentry when you can go to Yale)? The only problem is that construction contractors do better than bankers.
People who own construction businesses make bank. Bankers earn $30/hour but make it up on volume.
I had some guy install some caulk in my condo just the other day, if you know what I mean
yeah, if you are either Italian or Portuguese and can stand the dumbasses and union politics in this industry, by all means go for it.
Well if they wanted to cut costs they certainly will after everyone leaves!
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