On October 6, JPMorgan named Rob Sweeney global chair of investment banking. Sweeney once ran Goldman Sachs’s global consumer and retail investment banking business and later became president of private equity firm Sycamore Partners. At JPMorgan he will advise...
Wall Street is having a big year, and busy desks need people. New York City securities employment reached 207,400 in 2025, the highest level since 2000, and preliminary data show about 5,300 more jobs added so far in 2026. JPMorgan alone has hired more than 1,000...
New York’s securities industry earned $45.9 billion in the first half of 2026, up 51.3% from a year earlier, and is on pace to top $90 billion for the year. State Comptroller Thomas DiNapoli expects Wall Street bonuses to rise from last year’s record. Here...
Citi is shortening its investment banking analyst program from three years to two. The stated goal is retention, and that is likely the main driver. But the change arrives as Citi streamlines its workforce, invests heavily in its investment bank and rolls out AI...
The Short Answer Headline EPS tells you how the bank did. It does not tell you whether your group is hiring. Five lines do: IB fees by product, the compensation line, headcount, pipeline commentary and AI or efficiency remarks. Read every number against the bar the...
The contract you sign on the way in decides how fast you can leave, and at the most aggressive funds that clock now runs as long as two years. For a lot of investment bankers, the dream exit is not private equity anymore. It is a seat on an investing team at a large...
