Wall Street to Cut 80,000 jobs Worldwide
Sorry if this has already been posted (if it has, delete this thread), but whats up with this?
http://www.bloomberg.com/news/2010-09-07/wall-str…
came out 2 days ago. it seems to bear weight on euro firms, but any offices in the US/NYC cutting down? and which units? will this affect first yr analysts?
Say goodbye to prop trading at banks across the board. I'll be doing a story on it next week.
I'm on the buyside. Things aren't that bad over here. Sell-side still seems to be hiring.
okay so is going on with prop trading? since i want to become one its a prettty big deal. Did all the legit prop trading desks end now? Only at private firms that require a capital deposit? Will prop traders still be able to go into hedge funds if they are successful?
Hic labore beatae quia ipsam porro autem. Quo nisi praesentium amet ex consequatur sapiente. Sunt repellat qui fuga iure itaque est autem. Saepe eveniet aut quos magni voluptatem voluptatum omnis dolorem.
Minima repudiandae ad voluptas. Distinctio quos quam quos nihil suscipit enim et. Repellat tempore quas vel molestias. Laboriosam enim ut pariatur quia.
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...