by meridith dennes | Dec 27, 2025 | Exit Opportunities, Interviewing, Lateral Recruiting, Summer Internships
The tier obsession is one of the most pervasive—and least examined—features of investment banking culture. Walk into any campus recruiting event, scroll any finance forum, or listen to any group of analysts grabbing drinks after a pitch, and you’ll hear the same... 
by meridith dennes | Oct 21, 2025 | Compensation Trends, Interviewing, Lateral Recruiting, Summer Internships
What Happens When Banks Can License AI Instead of Hiring You? If you’re an investment banking analyst—or planning to become one—here’s what you need to know: OpenAI has assembled over 100 former bankers from JPMorgan, Goldman Sachs, Morgan Stanley,... 
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 5, 2025 | Campus Recruiting, Interviewing, Lateral Recruiting, Summer Internships
The Inconvenient Truth About How Investment Bankers Are Made Investment banking has long operated on a convenient fiction: that the skills required to be a good analyst have much to do with the skills required to be a good managing director. They don’t, really.... 
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 19, 2025 | Interviewing, Lateral Recruiting, Summer Internships
The investment banking recruiting landscape has reached an unprecedented inflection point where traditional power dynamics have been completely upended. While deal flow is rebounding and banks contemplate potential staffing shortages, this isn’t creating the...