by meridith dennes | Mar 21, 2026 | Layoffs
Wall Street’s most storied investment bank is overhauling the way it manages its workforce — and the changes could ripple across the financial industry. Goldman Sachs, one of the most influential financial institutions on Wall Street, is preparing to launch a...
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, 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 | Sep 21, 2025 | Campus Recruiting, Lateral Recruiting, Layoffs, News
President Donald Trump has signed a proclamation requiring a $100,000 application fee for H-1B visas, representing what experts are calling one of the most dramatic changes to the skilled worker program in decades. The new policy, which took effect immediately on...
by meridith dennes | Jul 24, 2025 | Lateral Recruiting, Layoffs, Networking
The harsh reality: Investment banking is notoriously youth-obsessed, with most Managing Directors calling it quits before traditional retirement age. But for seasoned investment bankers over 55, the end of a traditional IB career doesn’t mean the end of a...