by meridith dennes | Oct 21, 2025 | Compensation Trends, Interviewing, Lateral Recruiting, Summer Internships
What Happens When Banks Can License AI Instead of Hiring You? If you’re an investment banking analyst—or planning to become one—here’s what you need to know: OpenAI has assembled over 100 former bankers from JPMorgan, Goldman Sachs, Morgan Stanley,... 
by meridith dennes | Oct 15, 2025 | Interviewing, Lateral Recruiting, Layoffs, Summer Internships
Image Credit: NY Post The Paradox On Tuesday, Goldman Sachs posted results that most banks would celebrate without qualification: profit up 37% to $4.1 billion, revenue climbing 20% to $15.18 billion, investment banking fees surging 42%. The firm is on track for its... 
by meridith dennes | Oct 13, 2025 | Interviewing, Lateral Recruiting, Layoffs
Wall Street’s MD Hiring Spree May Freeze Promotion Pipelines Through 2027 A recent wave of lateral recruitment has expanded MD ranks across the industry—and two-year guarantees protecting new hires could constrain advancement at multiple levels Investment banks... 
by meridith dennes | Oct 5, 2025 | Campus Recruiting, Interviewing, Lateral Recruiting, Summer Internships
The Inconvenient Truth About How Investment Bankers Are Made Investment banking has long operated on a convenient fiction: that the skills required to be a good analyst have much to do with the skills required to be a good managing director. They don’t, really.... 
by meridith dennes | Oct 5, 2025 | Campus Recruiting, Interviewing, Lateral Recruiting, Layoffs, News, Summer Internships
The Transformation Underway JPMorgan Chase is exploring a dramatic restructuring of its investment banking workforce, with proposals under discussion to reduce the ratio of junior bankers to senior managers from 6-to-1 to 4-to-1, according to recent reports. However,... 
by meridith dennes | Oct 4, 2025 | Campus Recruiting, Interviewing, Lateral Recruiting, News
Junior Banker’s Lawsuit Questions Whether All-Night Availability Is Essential Function of Wall Street Analyst Role Legal Battle Puts Investment Banking’s Grueling Work Culture Under Federal Court Scrutiny A Manhattan federal court has dealt a significant...