With the recent job cuts announced at the above mentioned banks, is anyone on WSO over here aware whether these job cuts are affecting junior bankers too (analysts or associates) for instance, or are they being targeted at the big dogs?
Thanks ladies & gents.
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Across the board. DB are making a big deal about cost cutting. Barcap have their bulls**t 5 values
Don't bad mouth Respect, Integrity, Service, Excellence, and Stewardship.
LOL at BarCap pitching this BS to college students.
lol @ stewardship
they'd probably do a better job by offering blue vests to new recruits
and it's almost impossible to get necessary work equip at DB with them trying to save every damn nickel. Tech was heavily under-invested and will probably just continue to get worse as they get closer to their 2015+ anorexic budget goal. Lot of european banks are just spread too thin, wouldn't be surprised to hear even more cuts later this year
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