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Posting as :
works at Bank of America Merrill Lynch
▸ Finance
You are currently posting as works at Bank of America Merrill Lynch

Is it just me or has there been a noticeable brain drain in banking in the past few years? Analysts are not what they used to be.

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Posting as :
works at
You are currently posting as works at
Posting as :
Goldman Sachs 2
You are currently posting as Goldman Sachs 2

What did you expect? The allure of tech and consulting far exceeds banking- and it's purely a preventable culture problem. Senior bankers are solely to blame. Why slave away for such a long time for assholes, when you can make pretty good money elsewhere and proudly declare "I work for McKinsey/Facebook/etc" Of course the smart people are going elsewhere. And contrary to popular belief, it isn't because the money is less nowadays.

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Posting as :
Goldman Sachs 1
You are currently posting as Goldman Sachs 1

^🤣🤣🤣

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Posting as :
JPMorgan Chase 1
You are currently posting as JPMorgan Chase 1

Moelis at it again

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Posting as :
Moelis 1
You are currently posting as Moelis 1

It's cause all the talent went to the boutiques

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Posting as :
an Investment Banking Analyst 1
You are currently posting as Investment Banking Analyst 1

Given I got a job... yeah.

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Posting as :
an Investment Analyst 1
You are currently posting as Investment Analyst 1

Looks like OP might have to do some more work

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Posting as :
an Analyst 1
You are currently posting as Analyst 1

It's solely driven by tech. Why work for a bank when you can get catered meals and go to work in jeans/hoodie everyday?

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Posting as :
Barclays 1
You are currently posting as Barclays 1

Yeah

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Posting as :
Goldman Sachs 2
You are currently posting as Goldman Sachs 2

^missing the point. There will always be a Facebook/Google

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Posting as :
Goldman Sachs 2
You are currently posting as Goldman Sachs 2

Treat analysts better or smart people leave.

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Posting as :
a Vice President 1
You are currently posting as Vice President 1

Catered meals and jeans 😂😂😂 you think the pay/bonus is better in tech? Fuck no. It goes towards 💰 for your superfood organic meals and fancy office massages. It's called overhead. Google/FB still own your ass. The grass isn't greener kidos

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Posting as :
an Associate 1
You are currently posting as Associate 1

Agree

Posting as :
a VP Investment Banking 1
You are currently posting as VP Investment Banking 1

Grass is greener on the other side eh? I've worked with McKinsey guys on multiple deals with clients. Horrible work as an engagement manager. Client treat EM as their analysts. My associate and I were laughing our heads off

Posting as :
a VP Investment Banking 1
You are currently posting as VP Investment Banking 1

Yeah. Sure corporate is always an option. Today is FB / Google. Yesterday was someone else and tomorrow there will be more. Analysts are treated way better today than when I was one. Yet attrition is same level. Attrition goes up and down with the economy, not with how analysts are treated. BB banks in 1999 instituted casual dressing to counter attrition. Everything went back in 2001. It's the economy stupid.

Posting as :
Goldman Sachs 2
You are currently posting as Goldman Sachs 2

There is something fundamentally different about this attrition cycle. Part of that is pay- its common knowledge that bonuses are lacklustre. Analysts are still treated like crap (I shudder to think how you were treated!) so for smart people, there really is no reason to join.

Posting as :
Morgan Stanley 1
You are currently posting as Morgan Stanley 1

More like a brain clog and redirect to the pipes with better flow

Related Posts

Posting as :
an Account Manager
▸ Sales
You are currently posting as works at Account ManagerBadge Image

Anyone can help me with getting a referral with Google,Microsoft or any other Saas company. I have over 2 YoE in Commercial Sales and currently at Dell. Any help is appreciative

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Posting as :
works at Deloitte
▸ Analytics
You are currently posting as works at Deloitte

Recommendations for where to get a haircut in Arlington?

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Posting as :
a Global Product Director
▸ Technology
You are currently posting as works at Global Product Director

Anyone out there exposed to SAP PaPM? I'm a product director and looking to see what the Bowl thinks of it..

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Posting as :
works at Tata Consultancy
▸ Strategy
You are currently posting as works at Tata Consultancy
Posting as :
works at Ennoble First
▸ Government
You are currently posting as works at Ennoble First

First time posting here! I have been tasked with creating a military leave differential pay policy and was curious if anyone would be willing to provide any resources. Thanks!

Posting as :
a Business and Integration Arch Specialist
▸ Project Management
You are currently posting as works at Business and Integration Arch SpecialistBadge Image

What is an average salary of senior BA?

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Posting as :
works at Deloitte
▸ Audit
You are currently posting as works at Deloitte

Does anyone have any fun online games to play with the team for well-being breaks?

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Posting as :
works at Deloitte
▸ Audit
You are currently posting as works at Deloitte

Taiwanese style clams with basil! Sometimes you just wake up missing your parents cooking 😩

Post Photo
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Posting as :
works at Accenture
▸ Strategy
You are currently posting as works at Accenture

Great discussion on how to take advantage of financial opportunities just now

Thanks EY for leading and look forward to next week

Interested? Join and learn more:

likesmart
Posting as :
an Audit Senior Associate
▸ Audit
You are currently posting as works at Audit Senior Associate

What’s happening with $GHIV today? Took someone’s recommendation to buy a couple options and I’m +50% out of nowhere. Wasn’t expecting this to kick in until closer to the January merger date. Keep holding?

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Posting as :
works at Deloitte
▸ Technology
You are currently posting as works at DeloitteBadge Image

Anyone bought some MAC? What is your reasoning and potential fair value?

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Posting as :
a Manager
▸ Advisory
You are currently posting as works at Manager

What are your thoughts on buying a house now and refinancing later? (Hopefully when interest rates are lower)

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Posting as :
a Senior Associate
▸ strategy
You are currently posting as works at Senior AssociateBadge Image

31 F based in Chicago. Does anyone want to talk?

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Posting as :
an Associate
▸ Law
You are currently posting as works at AssociateBadge Image

With every day that passes by, I become ever more certain that a more fitting name for an attorney is "psychopath for hire"

likefunny
Posting as :
a Senior Copywriter
▸ Creative
You are currently posting as works at Senior Copywriter

ATTN: Motorcycle people in LA. Selling my ‘79 Yamaha xs650. New hydraulic clutch. Just got back from the shop and have receipts. Pickup only.

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Posting as :
a Technical Consultant
▸ Strategy
You are currently posting as works at Technical ConsultantBadge Image

CGI folks. Please help! What's the salary bracket for 5 years experience. Tech stack Java +ReactJS Full Stack.
Current company Deloitte. Current CTC: 14.38 fix + 10% variable.
Let me know what hike shud I ask !!

Posting as :
works at Deloitte
▸ Strategy
You are currently posting as works at DeloitteBadge Image

Hey folks, Whats the salary slab for Senior Analytics Consultant in Wells Fargo? Location: Bangalore, India. YOE: 8 years Wells Fargo

likesmart
Posting as :
works at Deloitte
▸ Strategy
You are currently posting as works at Deloitte

How competitive is my profile? 3.5/750, ORM, will have 4 years B4 strategy consulting experience upon matriculation, ECs are okay, no special story. Looking for chances at non-HSW M7s.

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Posting as :
a Senior Strategy Associate
▸ Advisory
You are currently posting as works at Senior Strategy AssociateBadge Image

Enthusiast

Does anyone else find it absolutely hysterical that people group MBB/FAANG/PE/VC for the prestige-oriented folks and they never include BB IB 🤣

likehelpful
Posting as :
an Associate Attorney
▸ law
You are currently posting as works at Associate Attorney

Does anyone have any insight as to the salary for PWC Office of General Counsel attorneys?

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Additional Posts in Finance

Posting as :
an Analyst
You are currently posting as works at Analyst

Working at a private equity firm as an associate/analyst is similar to that of investment banking.

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Posting as :
works at Credit Suisse
▸ Investment Banking & PE
You are currently posting as works at Credit Suisse

Any former consultants on here? If so, why did you switch over to banking?

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Posting as :
works at JPMorgan Chase
You are currently posting as works at JPMorgan Chase

Need help: Semi-healthy lunch ideas besides salads or sushi?

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Posting as :
a Financial Analyst II
▸ operations
You are currently posting as works at Financial Analyst II

Business casual or full suit for an interview with a tech company?

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Posting as :
works at JPMorgan Chase
▸ Other (non-Software)
You are currently posting as works at JPMorgan Chase

Good companies that offer fully remote jobs or flexible to when you do and don’t want to go in?

My company wants us back this summer. I just don’t feel comfortable yet. Time to start searching.

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Posting as :
an Analyst
▸ Investment & Asset Management
You are currently posting as works at Analyst

Does anyone here work in residential mortgage trading capital markets desk at one of the big banks in Toronto and would be open to chatting?

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Posting as :
an Administrative Assistant
▸ Investment & Asset Management
You are currently posting as works at Administrative Assistant
like
Posting as :
works at BMO
▸ Other
You are currently posting as works at BMO

Working in Risk Management, looking into the FRM exams. Does anyone have any insight or advice?

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Posting as :
an Investment Banking Analyst
▸ Investment Banking
You are currently posting as works at Investment Banking Analyst

Has anyone taken a more junior role in investment banking to prove themselves to a higher caliber firm with the intent on them hiring you and promote you once they see your capabilities? Currently have a 1 YOE experience at a boutique investment bank and just did 3 interviews at a bulge bracket but failed to make it pass the last one due to the firm going with another Candidate

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Posting as :
an Associate
▸ advisors and asset managers
You are currently posting as works at Associate

Any CAIA holders out there? How have you generally been viewed?

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Posting as :
works at JPMorgan Chase
▸ Investment Banking & PE
You are currently posting as works at JPMorgan Chase

Khaleesi is coming to Westeros!!!

like
Anonymous User
You are currently posting as works at

How long do Citi background checks take? Do they send you an application once you sign the offer?

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Posting as :
an Execution Trader
▸ sales & trading
You are currently posting as works at Execution Trader

Trap, trap money Jamie
JP got me in my feelings
Gotta close deals wit it

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Posting as :
an Associate
You are currently posting as works at Associate

Compared to FRM, CFA is tough because it requires an enormous commitment to complete all three levels

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Posting as :
an Analyst
▸ advisors and asset managers
You are currently posting as works at Analyst

What is comp like at a pension fund?

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Posting as :
works at RBC
▸ Investment Banking & PE
You are currently posting as works at RBC

That Friday feeling...

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Posting as :
an Analyst
▸ Private Equity
You are currently posting as works at Analyst

What are some questions for the first interview for a venture capital / technology investment firm? Technical questions would be great. Coming more from PE background.

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Posting as :
works at JPMorgan Chase
▸ Investment Banking & PE
You are currently posting as works at JPMorgan Chase

Who is your role model?

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Posting as :
an Associate
▸ Other
You are currently posting as works at Associate

GS 2023 New Analyst Program. Is this a good program to apply for someone looking to start as an analyst? How easy is to get into this program or even GS overall? I have 1-2 years of experience and some Finra licenses if that can help me somehow. Looking for some opinions about the program. Thanks

like
Posting as :
an Analyst
▸ Investment Banking & PE
You are currently posting as works at Analyst

What the hell does GS Special Situations do? Anyone heard anything on comp?

like

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