Goldman Sachs

Hey, new guy on here (in college with both PE and PC internship experience - one more year after this since I am getting an MS in Finance) who is interested in working in opportunistic/distressed debt. preface: ignoring the feasibility of entering the space or my stats, not looking at if I can get...

23 Jan 2023

https://www.cnbc.com/2023/01/17/goldman-sachs-fou… Goldman Sachs on Tuesday posted its largest earnings miss in a decade as revenue fell and expenses and loan loss provisions came in higher than expected. Here's what the investment bank reported: Earnings: $3.32 per share vs. $5.48 estimate of...

17 Jan 2023

I work in a coverage group @ GS in Europe and had several colleagues laid off over two rounds in the last three months. During this latest round of layoffs a few associates were let go and they were told that i) the layoffs were not performance related (several of these associates worked hard and...

14 Jan 2023

Hey fellow Monkeys, I have an initial interview to join WB for IB coming from Risk GS. What are some things WB has that GS couldn't give me working in IBD? How should I prepare my responses for motivational questions to ditch GS and join WB? I survived the GS layoffs btw.

14 Jan 2023

Serious question… is Goldman Sachs still considered a bulge bracket? Obviously firms have to lay some people off, but I'm not even sure that Deutsche Bank has seen things this bad. Also, they have this weird bald guy running the firm who's a DJ and more focused on being "cool" to teenagers at...

11 Jan 2023

I signed my return offer to work as a full-time analyst in Private Wealth about three months ago, with the intention of starting in June. With the recent layoff announcement, should I begin making contingency plans in case my offer is rescinded before I begin? I sent an email to my recruiter over a...

10 Jan 2023

I'm weighing two summer associate offers, one from Evercore (generalist M&A) and one from GS/JPM (industry coverage). I have seen this question debated at nauseam on this forum, but mostly from an Analyst gig / strength of PE exits perspective. Wondering if people can weigh in with advice geared...

08 Jan 2023

Heard GS did a sizable cut in research last week. Can anyone confirm? Any other depts with above normal reductions so far (minus the obvious CS/DB)?

08 Jan 2023

Obviously there's been much chatter lately about layoffs at GS, rumors of it starting next week - much of the cuts will be in IBD & Consumer divisions. I interned with the Wealth Management division this past summer and was also one of the first few interns to hear back about a FT offer. I can also...

06 Jan 2023

I know this question is asked a lot on here and it varies from year to year, firm to firm, etc. However, I am trying to find out more information about the different volatility trading desks as most people that trade options tend to come from similar-ish backgrounds and, from my experience, just end...

28 Dec 2022

I go to a target and was recently (Dec 2022) admitted to an early admission masters program (healthcare-related field) that offers dual enrollment for final semester of undergrad and graduation with masters after additional fall semester. Now extremely late to the game, but saw GS 2023 IBD SA link...

24 Dec 2022

Hey WSO, I'm now networking with IBD analysts and associates with the aim of moving to IBD internally from Credit Risk. It's going well so far having talked to many analysts and associates, learning about their team and keeping an eye out for churn and open roles. How would the interview questions...

22 Dec 2022

Hello Everyone! Now that there has been a return to in-person events, I'd love to hear some advice from senior professionals on how potential interns can best stand out when it comes to super days and early insights programs from an etiquette stand-point. I have a 2-day (one-night) early insight...

09 Dec 2022

Ignore my title - worked in IB as an analyst before lateralling out to CRE. Hear me out first. Why do investment banks emphasize recruiting 21 year olds right out of college for analyst roles instead of sourcing talent from big 4/other financial firms that have talent trying to break in? When I was...

07 Dec 2022

The demise of FTX increased the desire for reputable and safe companies to enter the cryptocurrency industry. As a result, we are watching as banks and financial firms swoop into the crypto market. Goldman Sachs is the most recent bank to join the fray. Goldman Sachs plans to invest hundreds of...

06 Dec 2022

Hi All, I am currently head of the co-investment and fund of fund strat at a family office, overseeing DD and deal closing process. I am looking to join a more institutional environment. I have the opportunity to interview for a GS AIMS Platform Management position, VP+. Looking for insight into day...

21 Nov 2022

Let's start with the fact that I am a citizen of Russia but have a residence in Italy, which gives me the opportunity to travel freely. I had to go to a bad university (sapienza) and in a year I get my diploma in economics (I think the average will be GPA 3.7-3.8) Since my admission, I have given...

20 Nov 2022

Hey, Does anyone have insight into GS PC in London? What is the culture like at the junior level, and what are the typical exit opps? Also, if someone starts as an intern in private credit, how difficult is it to switch to traditional PE/IB at the junior level (i.e. applying for a IB/PE AN1 position...

18 Nov 2022

I am a VP in middle market Credit Risk (portfolio management and underwriting) at one of the top 3 banks in the nation. Comp has stagnated and does not seem as it will ever go beyond $400K all in at my manager (or his manager) level. Am I delusional to consider an analyst role in IB at this age or...

11 Nov 2022

In collaboration with MSCI and Coin Metrics, the leading global investment bank Goldman Sachs has unveiled a new cryptocurrency classification scheme. The market will be more transparent thanks to this classification system, which will also aid in market analysis for investors. Essentially, it is a...

08 Nov 2022

So this might not be the best place to ask about software engineering but couldn't find much information elsewhere. So I'm choosing between a GSAM and Capital One internship and I'm wondering how the engineering department is at Goldman Sachs. My recruiter said I would most likely be put on a team...

25 Oct 2022

There's not much information about LACs on WSO. Ranking top LACs in the country based on pure placement to help those trying to decide on college choices. Feel free to drop your own thoughts and please let me know if I've messed anything up! Targets: -Amherst -Williams -Middlebury(just slightly...

15 Oct 2022

There's not much information about LACs on WSO. Ranking top LACs in the country based on pure placement to help those trying to decide on college choices. Feel free to drop your own thoughts and please let me know if I've messed anything up! Targets: -Amherst -Williams -Middlebury(just slightly...

15 Oct 2022

There's not much information about LACs on WSO. Ranking top LACs in the country based on pure placement to help those trying to decide on college choices. Feel free to drop your own thoughts and please let me know if I've messed anything up! Targets: -Amherst -Williams -Middlebury(just slightly...

15 Oct 2022

Hi - am currently looking if there's any info regarding GS hybrid capital investing (especially for London office)? Understanding that they recently merged SSG and Merchant Banking into Hybrid capital, am currently wondering 1) deal sizes (generally mid cap investing?); 2) sector focus; 3) market...

05 Oct 2022

Hey GS WSOers, I recently came across a very suspect profile from a girl claiming to be from my alma mater (Harvard) who also claims to currently be at GS (from July 2019 to present). First red flag, her undergrad degree is listed as "BBA, Finace (sic)" Notwithstanding the typo, Harvard does not...

22 Sep 2022

Is anyone able to share any insight on the programme in the title? Its for those from 'low socio-economic backgrounds' for which I meet all three criteria. The application deadline is November 20, it doesn't state whether recruitment is on a rolling basis or not, I'm hoping it isn't as I need more...

21 Sep 2022

Hi all, I am a senior about to graduate college and I have two job offers. I am unsure where each role could get me as I am new to finance (I studied math my entire undergrad). I don't know what exactly I want to do in finance, but I want to make sure I choose the right offer for my first job. I...

19 Sep 2022

Wanted to hear your thoughts on GS Hybrid Capital Investing - how's the work flow, culture like?

15 Sep 2022

Hello, I applied for the GS Soph SA program quite some time ago and have never heard back. I reached out to people and they say the timeline is set to begin mid-august to September. Is that right or has the timeline already started ? Thanks

05 Aug 2022

I cannot see any current vacancies for off cycle internships in GS London for 2022. Will there be vacancies in the near future this year? or Nah?

30 Jul 2022

I cannot see any current vacancies for off cycle internships in GS London for 2022. Will there be vacancies in the near future this year? or Nah?

30 Jul 2022

Hello All Title says it all. I have a superday with rbc next week. I am wondering how technical it will be. OR how should I prepare for it. Please someone look out and bless me.

13 Jul 2022

Hi, I"m a rising soph at a super target-diverse candiate looking to break into gs for soph. Recently was not able to get hirevue for bofa. However, I was wondering since I spoke to 2 analyst will I be okay. I also am going to meet me with my campus recruiter next week. Will this help me at all? I am...

02 Jul 2022

Any current guidance on typical base salary and TC? I can see IB salaries but not sure if that's the right scale to benchmark against

24 Jun 2022

Hey Guys, Does anyone have any information on Goldman Sachs Toronto Office, IBD? The last post I saw was from 2008. Looking to get a gauge on: Culture Average working Hours Comp: AN1, AN2 and Assoc 1 - (What is the CAD equivalent ? [USD110K, USD125K, USD 175K] x 1.3] ) ? Update for Global BB...

12 Jun 2022

Hi folks. I am starting my summer internship in IBD in London soon and just wanted to get a better view on rotations. GS have two teams: advisory and financing. Always thought we were rotating between the two groups but seems like i will only be doing the financing one. Does this happen often and is...

07 Jun 2022

currently have experience in securitisation, but have an opportunity to join M&A. Was wondering which division is best paying in IBD in Analyst/Associate level roles? Fixed Income, DCM, M&A, ECM? would also be great to get an insight into the differences in pay gaps

06 Jun 2022

Feel free to ms this post as I know these types of posts are inane to some degree, but any insight is appreciated. How would a Barclays/CS FSG compare to a GS Classic group, purely from an exit opps. perspective? It seems like GS TMT/FIG would place better into MF PE compared to Barclays/CS FSG, but...

01 Jun 2022

Hi everyone. Please excuse my ignorance but I was unable to find any threads on this. Is Goldman Sachs Global Markets division considered front office? How is this different from other traditionally FO roles like IBD/wealth mgmt/equity research in terms of what they're looking for in candidates?...

22 May 2022

I finished a Hirevue interview today with GS for the IBD (specifically the Toronto office). I wanted to send a thank you email to the recruiters. However, since the interview was done through hire view, I technically have no email address or recruiter's name. I did find some recruiters specifically...

20 May 2022

Does anyone know anything about the Goldman Sachs M&A group? Different than financing or classic, seems like they're smaller and do some activist defense. Exit ops, size etc, any insights would be helpful. How well known are they, because Goldman is kind of known for having M&A all done by coverage...

18 May 2022

I got offers from J.P. Morgan where I place in a group later and Goldman CMG. Liked people at both. Could potentially place into JPM healthcare or sponsors or M&A…Which should I take / will have better exit oops?

18 May 2022

I am trying to decide between two offers for my junior summer internship – GS Real Estate Financing and Citi IBD (not sure which group yet). Would appreciate any input. Thanks in advance!

06 May 2022

Working in Credit Risk at a top BB ( GS, JPM, MS) in their Warsaw Office. Thoughts on moving to the London office in credit risk? How difficult would it be? Hows best to do it?

05 May 2022

Hey everyone, thank you for the quality posts on the forum I was wondering whether GS has OC positions for its IB division in London, as I've heard they might not but here it seems they have (google Student Programs - 2022 Off-Cycle Internships - Goldman Sachs) Thank youuu!!

28 Apr 2022

I must have applied for this a long time ago and just got an invitation for it. They said they reviewed over 10k applicants so I wonder if this is in any way selective and what exactly do people do here. Also I already have offers for summer 2023--would it still be worth it to attend?

27 Apr 2022

What did you guys think about the GS SA 2023 HireVue? Also, does anyone know when we will hear back?

22 Apr 2022

For those who know Jim Donovan (Goldman Sachs), could you provide some insight on what it's like to work for/with him. Also, just how he is personally? This guy seems about as legit as it gets, but there's not a lot of info on him online. He also recommends that students pick up a JD/MBA going into...

07 Apr 2022

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01 Apr 2022