by meridith dennes | Jul 5, 2024 | Interviewing, Lateral Recruiting, Layoffs
The financial sector is experiencing a wave of layoffs, affecting institutions from major banks to small boutiques. As a result, many bankers are weighing whether to quit or wait to be impacted by a RIF or a reduction in force. Industry experts advise against quitting... 
by meridith dennes | Jan 31, 2024 | Interviewing, Layoffs
The Job Market is Terrible: How to Deal with it With a significant number of people facing unemployment and underemployment, it’s not the time for harsh self-judgment. Concentrating on what you can control in a terrible job market and taking things step by step... 
by meridith dennes | Sep 29, 2023 | Layoffs
Investment banking is no stranger to changes in workforce dynamics, including Reductions in Force (RIF). With the financial turbulence of 2023, many investment bankers have been impacted by layoffs. Given this reality, many people have asked how/when to address their... 
by meridith dennes | Sep 27, 2023 | Layoffs
Decoding the Intricacies of the FINRA U5 Form Form U5 stands as a cornerstone in the securities industry, often mistaken as a mere administrative formality due to its seemingly straightforward description in FINRA’s guidelines. In essence, it’s a termination... 
by meridith dennes | Aug 13, 2023 | Layoffs
As many of you know, Linkedin now has an”Open to Work” feature, designed specifically for professionals to discreetly signal their availability for new opportunities. Whether you’re considering a shift to a different bank, a move to private equity,... 
by meridith dennes | Jul 23, 2023 | Layoffs
In the world of investment banking, the landscape can be incredibly dynamic and unpredictable. Economic downturns, such as recessions or market contractions, often lead to restructuring, downsizing, and reductions in force (RIF) across the industry. Unfortunately,...