Can anyone explain to me why a bank would pay its incoming analysts a relocation bonus after their scheduled relocation?
Does it not make more sense to give an incoming analyst -- a broke, recent college graduate, perhaps not from a wealthy family, who is moving to arguably the most expensive city in the country -- the $10,000 needed to pay for wardrobe, a 2-month security deposit,and another essentials PRIOR to the start date?
Ugh...
| +46 | Interviews Are So Fake | 28 | 9h | |
| +33 | 2024 UK Election - Tories finished? | 21 | 11h | |
| +29 | Being Christian in investment banking | 14 | 1d | |
| +26 | Non-Competes Banned | 26 | 1h | |
| How do I become Sigma | 15 | 3h | ||
| +19 | Moelis has the cutest Analysts? | 4 | 1d | |
| +19 | ADHD ! | 4 | 10h | |
| +18 | Best NYC neighborhood for single 30M | 12 | 3d | |
| +16 | Underage intern, drinking? | 7 | 1d | |
| +13 | Secretive vs Universal Prestige? | 7 | 1d |
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.
Go to a citibank and ask for a personal loan; if you have a credit score of over 600 and are starting a new job they will give it to you. Your problem is now solved. There rate is 10.4% right now, HOWEVER if you pay it off within the first you don't pay anything.(Obv I have a friend who's a personal banker there) Goodluck
Thanks bro...I'll look into that
Edit: Ugh...I read about the loan online...apparently you need to have an account with Citi for at least 2 months...I don't...awesome.
Then go to the bank which you do have an account...
Yeah I'm going to..the Citi deal just looked attractive
I just asked him this morning and he said the way he gets around that is he just opens up a checking account for you and all is well. If you're near long island I can give you his info and he'd be more then happy to help.
Est mollitia ea perferendis quidem id et. Nobis voluptates quo vitae omnis quis quia facilis. Accusantium libero quo excepturi expedita rerum. Aliquam repudiandae nostrum tempora quia architecto doloremque in. Itaque minus qui sed quae voluptas.
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...