Resource Center
Resource CenterRecruiting news and insights on the current job market.
The Private Equity Door Is Narrowing
U.S. PE deal value fell 13.6% and exits fell 14.1% in Q3, and fundraising is on pace for its weakest year since 2020. Here is what slower fundraising and stuck exits mean for bankers planning a move to private equity, by level, and the new exits the logjam is creating.
Apollo Delays On-Cycle Again. What It May Mean for the Class of 2028.
Apollo is delaying recruiting for its 2028 associate class for a second year, just as Citi moves to a two-year analyst program. Here’s what it could mean for analysts, PE firms and the class of 2028.
An Investment Banker’s Guide to Sending Emails by Level
In banking, the more senior you are, the shorter your emails get. It is a running joke on every deal team, and it is also a fairly precise description of how the job changes, and of what juniors get wrong when they try to skip ahead.
Why Banks Are Still Gun-Shy on Clawbacks: Deferred Comp vs. Clawbacks in Lateral Hiring
When California and New York passed their stay-or-pay laws, it looked like clawbacks were on their way out. They aren’t. Here is what actually changed, how clawbacks are taxed, and why banks that are recruiting would still much rather deal with deferred comp.
Q3 Bank Earnings: Deal Fees Rose, Pay Outran Headcount, and the Pipeline Took a Breath
Goldman led Q3 with investment banking fees up 21%, while BofA’s fell 11%. Pay per employee rose at every bank we measured, and banks described a late-September pause in dealmaking but still called their pipelines robust. Here is what it means for bankers and hiring.
Y’all Street or Wall Street: How to Weigh a Banking Seat Outside New York
More banks are building real capacity outside Manhattan. Here is how to tell whether a regional offer is a true deal seat, what the pay looks like once you adjust for where you live, and how the move shapes your next one.
Judging Judgment: How Junior Bankers Learn, and Get Evaluated, When AI Drafts the Work
When the model builds the first version of the deck, the analyst’s job shifts from making it to knowing whether it is right. That shift changes how juniors learn, how they get reviewed and how they get hired.
The Financing Side of Advisory: Why Banks Are Building Capital and Debt Advisory Teams, and Who They Hire
When a client can raise money from a bank syndicate, a private credit fund or both, someone has to tell them which deal is better. That advice has become a business, and a career path, of its own.
Chairs, Vice Chairs and Rainmakers: How Banks Use Senior Titles, and What It Means for the MDs Below Them
Banks are hiring chairs and vice chairs again. Here is what those titles actually mean, why banks pay for them, and how a new name at the top changes life for the managing directors and directors underneath.
Before You Sign: How to Judge a Bank’s Real Workload, and the Hours Policies Behind It
Every major bank now has a written hours policy. The hours you will actually work depend on things the policy doesn’t cover, and you can find most of them out before you accept.