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Redeployment: The Brutal Truth Behind Wall Street’s New Favorite Cost-Cutting Tactic

Redeployment: The Brutal Truth Behind Wall Street’s New Favorite Cost-Cutting Tactic

by meridith dennes | Apr 11, 2025 | Interviewing, Lateral Recruiting, Layoffs, Summer Internships

Deferred Comp and Visa Games: The Ruthless Math Behind Wall Street’s Redeployment Strategy In the glass towers of Manhattan, a quiet revolution in talent management has taken hold. As markets gyrate and deal flow stalls, investment banks are increasingly turning...
Quitting vs. Being RIF’d: Which is Better?

Quitting vs. Being RIF’d: Which is Better?

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...
How to Stay Positive in a Terrible Job Market

How to Stay Positive in a Terrible Job Market

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...
How to Address Being RIF’d During an Investment Banking Interview

How to Address Being RIF’d During an Investment Banking Interview

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...
What is a U5 Form and Why Should I Care : A Primer for Investment Bankers Who Have Been RIF’d

What is a U5 Form and Why Should I Care : A Primer for Investment Bankers Who Have Been RIF’d

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...
How to Use LinkedIn’s “Open to Work” Feature

How to Use LinkedIn’s “Open to Work” Feature

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,...
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Recent Posts

  • Record Profits, Deeper Cuts: Where Wall Street Is Actually Shrinking in 2026
  • Lazard’s Not So Quiet Signal: Why Senior Bankers Everywhere Should Be Paying Attention
  • Every Exit Has a Story: Navigating RIFs, Voluntary Departures, and Terminations in Investment Banking
  • The Class of 2029 Investment Banking Recruiting Guide: Bank-by-Bank Timelines, Deadlines, and Strategy for Summer 2028 Internships
  • What’s the Big Deal About Having Closed M&A Deals?
  • Record Profits, Deeper Cuts: Where Wall Street Is Actually Shrinking in 2026
  • Lazard’s Not So Quiet Signal: Why Senior Bankers Everywhere Should Be Paying Attention
  • Every Exit Has a Story: Navigating RIFs, Voluntary Departures, and Terminations in Investment Banking
  • The Class of 2029 Investment Banking Recruiting Guide: Bank-by-Bank Timelines, Deadlines, and Strategy for Summer 2028 Internships
  • What’s the Big Deal About Having Closed M&A Deals?

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