Post Tagged with: "Goldman Sachs"

The big question for Goldman Sachs: did it over-fire?
by / on 20/12/2017 at 00:15 / in The Review

The big question for Goldman Sachs: did it over-fire?

Goldman Sachs has had a bad run. In the first nine months of the year, its fixed income sales and trading revenues fell 23%, more than at any other investment bank. There are moves afoot to remedy this, but former Goldmanites can be forgiven a twinge of schadenfreude. Between 2012 and the second quarter of 2017, Goldman cut fixed income headcount […]

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Why VP is the possible worst job at Goldman Sachs (or anywhere)
by / on 13/12/2017 at 16:00 / in The Review

Why VP is the possible worst job at Goldman Sachs (or anywhere)

If you’re a Goldman Sachs associate and you didn’t get promoted to vice president this year, I’d like to commiserate with you. Failing to make VP is hard; it might not be your fault  – it could be there’s simply no headcount or budget for your role, but it doesn’t look great. And if you did get promoted? I’d like […]

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Goldman Sachs analysts jumping to the buy-side just before Christmas
by / on 13/12/2017 at 10:00 / in The Review

Goldman Sachs analysts jumping to the buy-side just before Christmas

Private equity firms don’t follow the same recruitment schedules as investment banks, and as 2017 draws to a close, Goldman Sachs analysts have been making the jump. Summit Partners, the Boston Massachusetts-based fund focused on technology, healthcare and “growth products”, has raided Goldman’s junior ranks for the third time this year. Niclas Dæhli Priess, who has spent the past year […]

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The crucial difference between making MD at Barclays and Goldman Sachs
by / on 11/12/2017 at 22:30 / in The Review

The crucial difference between making MD at Barclays and Goldman Sachs

If you want to make MD in an investment bank, should you work for Barclays or for Goldman Sachs? Statistics released by each bank on this year’s MD promotions suggest it depends upon your career path. Surprisingly, it looks a lot easier overall to make MD at Goldman than at Barclays. The U.S. bank promoted 509 people this year out […]

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How to spot the top technologists at Goldman Sachs and J.P. Morgan
by / on 07/12/2017 at 21:00 / in The Review

How to spot the top technologists at Goldman Sachs and J.P. Morgan

When Goldman Sachs announced its new managing directors last month, there were plenty of technologists on the list. However, the Goldman technology staff who didn’t make the MD cut won’t be that cut up: they have other things to aspire to. While most people in banks can simply climb the established analyst-associate-VP-director-managing director hierarchy, technologists in investment banks can aspire […]

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Comment intégrer les banques les plus prestigieuses ?
by / on 06/12/2017 at 11:15 / in Management

Comment intégrer les banques les plus prestigieuses ?

« Analyste M&A at Goldman Sachs », « Equity Derivative Sales at Morgan Stanley ». Quel étudiant désirant travailler en finance n’a pas rêvé un jour d’ajouter ces lignes sur son CV et son LinkedIn ? Si ces banques sont sources d’autant de fantasmes, c’est aussi du fait de leur inaccessibilité. Les processus de recrutement de ces institutions financières sont en effet longs et la […]

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Témoignage : « J’ai fait passer des entretiens à des candidats en banque qui avaient des problèmes d’hygiène… »
by / on 06/12/2017 at 11:00 / in Management

Témoignage : « J’ai fait passer des entretiens à des candidats en banque qui avaient des problèmes d’hygiène… »

J’ai longtemps travaillé dans la finance et je ne compte plus les mauvais candidats que j’ai vu défiler en entretien. En fait, je dirais que cela concerne 40% du lot, mais certains s’illustrent plus que d’autres encore dans la médiocrité. Je pense à ceux qui ne sentent pas bons. Leur puanteur est généralement le résultat d’une mauvaise hygiène corporelle…. ou […]

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Goldman London bankers queuing up for new jobs in Milan
by / on 04/12/2017 at 13:00 / in The Review

Goldman London bankers queuing up for new jobs in Milan

Do continental European bankers in London really want to work in the “City,” or were they only ever in London for lack of alternatives? As the opportunity to work back home becomes available, London’s appeal is fast diminishing. Goldman Sachs said last week that it plans to increase the number of investment bankers in its Milan office by 400% – […]

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The failed quest to become Goldman Sachs 2.0. Secrets of a hedge fund genius
by / on 24/11/2017 at 13:00 / in The Review

The failed quest to become Goldman Sachs 2.0. Secrets of a hedge fund genius

It’s hard to believe that Matthew Westerman only spent 19 months at HSBC. The former Goldman Sachs banker, parachuted in to thrust a U.S. investment bank culture on to an unsuspecting crew of London-based HSBC bankers used to a more gentile working environment, has unleashed so many changes that his influence is likely to be felt long after his unexpected departure yesterday. […]

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Frat boys vs. strivers at Goldman Sachs. Trader destroys career for nothing
by / on 23/11/2017 at 15:00 / in The Review

Frat boys vs. strivers at Goldman Sachs. Trader destroys career for nothing

Goldman Sachs is a paradox. On one hand, it says it doesn’t like to hire wealthy, “entitled” graduates, but people who’ve risen out of adversity. On the other, it frequently seems to hire students from elite schoolswhose parents have often seemingly paid for them to study overseas. Lloyd Blankfein, current CEO and son of a mail sorter and a receptionist, […]

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