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The Investment Banking Recruitment War Intensifies: Citi’s Latest Move Against Private Equity Poaching

The Investment Banking Recruitment War Intensifies: Citi’s Latest Move Against Private Equity Poaching

by meridith dennes | Jul 21, 2025 | Buy Side, News

The battle for top talent in finance has reached a new level of intensity, with Citigroup becoming the latest major investment bank to implement aggressive measures against private equity firms’ early recruitment tactics. The bank’s new...
Wall Street’s Surprising Comeback: How Investment Banking Defied All Expectations

Wall Street’s Surprising Comeback: How Investment Banking Defied All Expectations

by meridith dennes | Jul 17, 2025 | News

The Unexpected Turnaround Wall Street just delivered one of the most surprising quarters in recent memory. After months of doom and gloom predictions for investment banking, the major banks didn’t just beat analyst forecasts—they crushed them. Goldman Sachs,...
Florida’s CHOICE Act: How One State Could Reshape National Non-Compete Policy

Florida’s CHOICE Act: How One State Could Reshape National Non-Compete Policy

by meridith dennes | Jun 26, 2025 | News

The Bottom Line Florida is creating the most employer-friendly non-compete environment in U.S. history just as federal restrictions collapse and Wall Street South gains momentum. For financial services firms, this represents the biggest regulatory arbitrage...
Why Jefferies’ Q2 Earnings Miss May Signal Trouble Ahead for Wall Street

Why Jefferies’ Q2 Earnings Miss May Signal Trouble Ahead for Wall Street

by meridith dennes | Jun 26, 2025 | News

Bottom Line Up Front: Jefferies’ 40% profit decline and earnings miss serve as an early warning system for the broader investment banking sector, with major banks reporting Q2 results in mid-July facing similar headwinds from trade uncertainty and muted deal...
Barclays and the Terrible, Horrible, No Good, Very Bad Day: McKinsey Arrives to Find “Savings”

Barclays and the Terrible, Horrible, No Good, Very Bad Day: McKinsey Arrives to Find “Savings”

by meridith dennes | Jun 19, 2025 | News

Investment bank staff brace for deeper cuts as consultants hunt for hundreds of millions in cost reductions It’s shaping up to be a particularly grim period for Barclays investment bankers, who are now watching McKinsey consultants roam their halls like...

Moelis founder to step down as chief executive in October

by meridith dennes | Jun 9, 2025 | News

Ken Moelis, the dealmaker who founded his eponymous investment bank nearly two decades ago, is executing a carefully planned succession that underscores the maturation of elite boutique advisory firms on Wall Street. Planned succession reflects sector evolution The...
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