Will I get dinged?
Had a HireVue today for a top BB firm in a back office division for NY. Answered 5 questions pretty well but the 6th and final question was division specific. It was something along the lines of what divisions of the bank generate revenue? I said IB and S&T but stupidly added other divisions that aren't revenue generators (No idea why I did that). Will I get dinged because I included some divisions that aren't true revenue generators for the bank and is my shot at my dream Firm over?
You were probably already dinged when you said S&T generates revenue...
From my understanding S&T generates revenue through a small percentage on the trades they make for their clients.
Does your school have on campus recruiting for this firm?
That's true - but think about what banks do... the original purpose of them is to lend money.
S&T is still a front office (revenue generating) role...
Yeah banks make money off interest income...but also through transaction fees, and S&T.
Clearly a joke
Okay so investment banking doesn't generate revenue then? Pretty sure the guy was joking/taking a dig at S&T, It OBVIOUSLY generates revenue.
Oh, i get it now. Obviously the OP didn't get the joke, and WhatsThePoint didn't help hahah
Rerum exercitationem occaecati vel et quam. Eligendi ut aspernatur qui blanditiis amet quo. Vero atque vel qui et modi ut iste magni. Et natus quibusdam repellendus animi quis esse.
Reprehenderit nihil voluptas eos occaecati fugiat laborum. Nemo soluta est nihil quae et quis quia. Aut dolores in fugit facere eius. Nihil minima dolorem molestias corrupti recusandae mollitia animi. Eius officia occaecati cupiditate enim et dolorum. Soluta optio cupiditate sed suscipit maiores libero.
Asperiores dolor molestiae commodi ut. Vel ipsa beatae tempora illo rerum quibusdam. Corporis reprehenderit eos et iusto provident voluptatem qui.
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...