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...
For investment banking professionals exploring a lateral move, one of the biggest mistakes we see in the market is applying directly to every interesting opening that appears online. It may seem like the obvious approach: it’s 3 a.m., you’re miserable, and you’re...
2026’s record M&A totals are coming from a few dozen giant deals. The middle market runs on a different engine: sponsor-backed processes with repeat professional buyers, lenders and add-ons. Deal counts there are down, deal sizes are shrinking and fees per...
For most of the past decade, leaving banking was treated less as a decision than as a milestone. Most bankers exited after two years for private equity, growth equity, private credit, hedge funds, corporate development or other roles on the buy side. The appeal was...
