India’s private sector is going through a wave of consolidation as companies look to keep pace with sweeping technological, regulatory and governmental changes. We sat down with Sonjoy Chatterjee, chairman and co-CEO of Goldman Sachs’ business in India, who shared his thoughts on the evolving landscape. Last year was a record year for M&A across India. What’s driving that activity? Sonjoy Chatterjee: There […]

Any interview at a bank or other financial services firm will include technical questions to assess whether you have the skills necessary to do the job. However, recruiters and career experts are always telling us how candidates tend to fall short because they fail to respond well to behavioral questions. While these inquiries are simple on the surface, there is still plenty […]

It’s not just JPMorgan. Goldman Sachs is also offering its juniors the opportunity to learn how to code, but only if they’re women. As part of its partnership with charitable organisation Code First Girls, Goldman Sachs is rolling out evening coding courses for young female staff who are interested in learning how to program. In a memo sent last week to Goldman analysts, […]

The realities of growth deceleration, higher rates, and significantly tighter financial conditions have markets on heightened recession watch. But recession risks look modest according to GS Research economists Jan Hatzius and David Mericle, whose study of 100 years of US recessions suggests the prospects for a “soft landing” are better than widely thought. Jan, your read on recession risk remains more positive than markets. […]

A London-based private equity firm that made headlines last year by partnering with Virgin billionaire Richard Branson on a co-managed fund is growing its business in continental Europe and is looking to add analysts and associates across its existing European offices. Metric Capital Partners is actively hiring junior talent in Paris, Munich, Madrid and Holland, according to a source close to the firm. The […]

Everyone knows it’s no bed of roses to date a banker. Nor is it the easiest thing in the world to be a banker looking for love.  But one way or another, it does seem to happen; singleton analysts who’ve been complaining about their slave-driver bosses grow up into married vice presidents VPs complaining about their lazy entitled juniors.  And it’s when you’re a married […]

While investment banks are generally prestigiously places to work, there are reasons that many bankers look to jump to the buy-side after they gain a few years of experience. The opportunity to make more money while enjoying a better work-life balance tends to fall first on most people’s list. As we reported earlier in the week, work hours at investment […]

There has been a lot of hype about blockchain technology – in particular, its potential to transform how humans transact, which could fundamentally redefine how business, governments and society operate. Despite this hype, it is still a nascent technology with considerable challenges that need to be overcome. As the technology matures and is applied across a wider set of sectors […]

As Goldman Sachs’ Lloyd C. Blankfein prepares to step down as chairman at the end of this month, he shared his thoughts on his legacy, leadership and lessons learned. Lloyd, you were CEO of Goldman Sachs for more than 12 years — one of the firm’s longest-serving CEOs. What did you come to learn and appreciate about what it takes to be […]

If you’re a man who works in a bank and you’re attending a company Christmas party, be careful. This is the most dangerous event in your whole calendar. In the past, banks’ Christmas parties were sometimes wild. I know, I was there. In recent years, though, things have changed. I can’t speak for global markets, but if you work in an investment […]