Since 2008 the gravy train has dried up and banks have made serious adjustments to reign in expenses
One of the these banks is GS. Theyve been known to negotiate serious discounts when it comes to services outsourced to consulting, law and accounting firms. Not only that but the bonuses and compensation of in house resources (for those who've stuck around) has seen it dwindle.
My question is how much has the pay changed with an emphasis of back and middle office including bonuses, and how deep are the discounts?
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