There's been talk about how once the dust settles, big changes will be in store for how the remaing banks will operate in the future. Just what sort of changes are could we be facing as an industry? Are large bonuses a thing of the past? Will new risk management measures reduce the amount of trading and asset classes banks will be involved in? Any thoughts?
Trending Content - Investment Banking Forum
| +183 | Return Rates For Interns Are Falling? | 77 | 10m |
| +128 | UBS Americas IB: The Kids’ Table of Wall Street | 16 | 20h |
| +99 | I am a drunk MD AMA | 37 | 3h |
| +76 | London IB BB is a challenge | 41 | 16h |
| +63 | VP Lifestyle at Top BB Coverage Groups | 40 | 5h |
| +63 | KISSED MY VP… HELP!!! | 15 | 2h |
| +57 | An Outsider’s View of RX Banking Out of College | 7 | 6h |
| +49 | SharePoint makes IB hours HELL | 15 | 2d |
| +46 | UBS Offer Day | 18 | 4h |
| +43 | momentum of Rx groups | 16 | 10h |
Career Resources
I think it'll be a long time, if ever, before the swagger returns to Wall Street. The 'Masters of the Universe' image has been shattered. I think comp, as well as the number of people that are able to get into high finance, will be down for a while...
If it does come back, it will take time.
I think the number of people that will be interested in finance will also fall by a good deal. I'm honestly considering other opportunities right now. As for bonuses, I'm not sure what things are going to be like. They will definitely be a lot lower than usual. Also, I think senior management will start demanding for a larger chunk of their compensation to be in cash and not stock. I honestly think the large number of asset classes makes it far too complicated to bring under one particular firm. I think the system works better if you have many specialized firms instead of a big firm like lehman or Merrill, that way, if anything crashes, the ripple effect will be minimal. I don't think consolidation is the way to go. I also think banking should really be split away from trading and structuring. The bankers really didn't have much to do with the risky exposure to bad assets.
I think the number of people that will be interested in finance will also fall by a good deal. I'm honestly considering other opportunities right now. As for bonuses, I'm not sure what things are going to be like. They will definitely be a lot lower than usual. Also, I think senior management will start demanding for a larger chunk of their compensation to be in cash and not stock. I honestly think the large number of asset classes makes it far too complicated to bring under one particular firm. I think the system works better if you have many specialized firms instead of a big firm like lehman or Merrill, that way, if anything crashes, the ripple effect will be minimal. I don't think consolidation is the way to go. I also think banking should really be split away from trading and structuring. The bankers really didn't have much to do with the risky exposure to bad assets.
Vel ratione ut excepturi et repellendus labore. Fugiat cupiditate velit quo unde est dolore. Ratione omnis similique tempora. Similique beatae voluptatem illum veritatis. Blanditiis qui dolorum quia reprehenderit sunt. Odio facilis repellendus aspernatur ratione.
Aut aperiam natus eaque quia consequuntur aut. Illo et explicabo error qui optio perferendis aut sed. Soluta ex sint autem maxime. Vero rerum non quod quia velit. Sint est quia sed fugit consectetur omnis earum. Officiis id neque reiciendis molestias.
Rem neque rerum natus eius eum nostrum. Illo odit ut eum iste in itaque exercitationem. Dolores iusto sint temporibus dolor sint qui. Animi veniam adipisci eveniet non ipsum. Maxime quis est et earum ducimus at.
Et omnis atque eius ut et quia accusantium in. A veritatis voluptatum nihil id. Porro expedita molestiae quia aut tempore doloremque natus doloribus. Aliquam doloremque quisquam ut perferendis. Fugiat et voluptatem fugit accusamus accusamus assumenda. Sequi mollitia animi tempora natus rerum repudiandae sunt illum.
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...