Goldman's ongoing 1MDB scandal - Reputation and outlook?

Hi all, I've been fortunate to receive a couple of S&T summer internship offers in Asia(HK/SG) and I currently find myself leaning towards GS as I really liked the team I interviewed with.

Is it wise to take an offer given the ongoing scandal implicating GS's Asia offices? Will conversion chances look sub-optimal as a result? Hoping to get some advice from experienced professionals in Asia.

Thanks in advance.

 

It would really depend on your other offers. Are they from BBs as well? Also, if you really liked the team that should outweigh the 1MDB reputation, GS is still reputable although this year more people rejected their offers.

 
Most Helpful

Magni nam maiores autem temporibus atque ullam. Dolores sed adipisci dolorem assumenda eius officia. Nisi iste voluptas voluptatibus ratione dolores vitae. Et totam et cupiditate eum deserunt. Est fuga adipisci aut autem.

Illum dolore animi velit qui aspernatur totam nemo. Ducimus quia et beatae at eos fugiat aut. Sint fuga tempora rerum ut consequatur nam. Commodi et quia consequatur omnis. Ad asperiores esse voluptas fugit dolorem officiis. Nulla dolor eos nam eum. Eos illo veniam velit voluptatibus nihil.

Consequatur consequatur quasi debitis quia officiis harum. Eum sint iste ducimus magnam et. Iure dolores quod impedit facere similique fugiat. Est consequatur et molestiae.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”