Wall Street’s biggest banks reported third-quarter results on October 13 and 14. Investment banking fees rose at most of them, led by Goldman Sachs at 21%, while Bank of America’s fell 11%. Compensation grew faster than headcount, and pay per employee rose...
More banks are building real capacity outside Manhattan. Here is how to tell whether a regional offer is a true deal seat, what the pay looks like once you adjust for where you live, and how the move shapes your next one. For most of the last fifty years, the career...
Two hires in the last two weeks tell the story. On September 28, Centerview Partners brought in Bennett Schachter from Elliott Management as a partner to lead and expand its Capital Advisory business. Four days later, Piper Sandler lifted a three-person infrastructure...
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...
