Johnson Associates expects Wall Street bonuses to rise for a third straight year, led by equity and deal bankers. Here is what the forecast, third-quarter pay accruals and the bonus calendar mean if you are thinking about a move. Wall Street bonuses are set to rise...
The election will not set your bank’s hiring plan. But it could change which groups are busy, which firms are hiring and how hard it is to move. Here is how to read it for your own seat. The midterm results landed this week, and Wall Street spent the following days...
“Partner” is the most prized word on the Street and one of the least consistent. Here is how to tell what a partner offer is actually worth before you take it. Every other autumn, Goldman Sachs calls a group of managing directors and tells them they have...
A reorg memo rarely tells you what it means for you. But it can change who staffs you, who credits your deals and who speaks for you when bonuses are set. Year-end is reorg season. The memos tend to land between October and January, after the budget is set and before...
Every coverage group has a cycle. The bankers who come out ahead in a sector downturn are the ones who read it early, stay useful while it turns and move for the right reasons, not out of panic. Six weeks ago, AI and tech infrastructure was the easiest story in...
Anyone planning to leave investment banking eventually considers going out in style. Wall Street has a long tradition of people who did. The ones who left quietly tend to have done better. The Op-Ed On March 14, 2012, Goldman Sachs employees opened the New York Times...
