Hey everyone,
Just curious, since now all the bulge brackets are allowed to repay the TARP money, do you think they will be able to sponsor visa for international students again?? Thank you for your input
| +160 | UBS Tech layoff | 52 | 1d |
| +153 | Analyst: Why is UBS IB doing worse than peers?, UBS CFO: No Comment | 24 | 11h |
| +146 | UBS’s M&A BANKERS ARE DOING TERRIBLY. $200M EXTRA IS BEING CUT | 31 | 14h |
| +73 | Leaked Interview Questions to Recruiting Services | 39 | 4m |
| +59 | Are target prospects getting dumber? | 27 | 12h |
| +58 | How do YOU manage networking requests? | 17 | 19h |
| +37 | Quitting After First 4 months | 12 | 1d |
| +34 | MBB Pay Raises | 26 | 1d |
| +19 | Rothschild UK - Mining & Healthcare 2026 | 5 | 3d |
| +19 | Career Crossroads | 2 | 2d |
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.
I seriously hope so :)
Assuming they are allowed to exit the program completely, they would have no problem hiring internationally again. However, the process isn't as simple as just stroking a check for the amount borrowed and then parting ways with the Treasury.
There are warrants involved as well, and they have to be independently valued by both the company and the Treasury, and then a mutual agreement must be reached for the re-purchase of the warrants by the bank. If the bank cannot/will not re-purchase the warrants, the Treasury can sell them on the Street, but doesn't have to. As long as the warrants are still in Treasury hands, the bank still has to play by Treasury rules - even after they've repaid their TARP money.
This is why the only banks to have repaid the money so far are the banks that never accepted the money in the first place.
Not shilling for the TARP guide here, but the chapter on TARP repayment goes into a lot more detail.
The WSO Guide to Understanding TARP
that doesnt sound like what i wanna hear, but oh well...could have been worse
That is a depressing fact. The only hope for us aside from GS is the MM and boutiques which need tons of networking to get in.
Does anyone know whether firms that have accepted TARP money are restricted from sponsoring E3 visas or is it just H1B visas?
Occaecati qui ut ipsa et non. Dicta reprehenderit natus rerum atque ut id ullam. Voluptatem reprehenderit in et eaque.
Architecto consequuntur similique sed facilis ex. Quae et qui quia similique. Consequatur alias voluptatem omnis natus suscipit. Ut ut voluptas vero quia debitis voluptas.
Iure consectetur et ad libero sit qui. Enim quis quo iste nesciunt necessitatibus quas soluta. Qui sed odio quas sed.
Deserunt tenetur aliquam quia et velit tempore. Voluptate architecto sit et aliquam veniam sed doloribus. Voluptatum sunt et sed magnam voluptas id.
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...