Goldman speeds up analyst hiring as banks get desperate for young talent

Goldman speeds up analyst hiring as banks get desperate for young talent

Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today:

If you’re not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals.

Like the newsletter? Hate the newsletter? Feel free to drop me a line at ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco


Goldman Sachs is fast-tracking analyst hiring and may cut down on interview rounds as Wall Street gets desperate for junior bankers

David Solomon goldman sachs



Michael Kovac/Getty Images


Investment banking is grappling with a shortage of available junior talent to fill open roles — and as a result, some banks are reconsidering how they recruit talent.

Read up on Goldman Sachs’ potential hiring changes.


A top KKR exec explains how giving stock to hourly workers at its portfolio companies has increased retention and productivity

KKR



Brendan McDermid/Reuters


KKR exec Pete Stavros started researching employee stock ownership after seeing his dad face challenges as a low-income hourly worker. See what else Stavros said about giving stock to his workers.


Bitcoin.

Bitcoin miners are seeing gold despite the cryptocurrency’s recent fall.


NurPhoto/Getty Images



FIS executives Sairam Rangachari and Rob Lee discuss why they are big believers in the power of crypto for community banks. Here’s what they said.


Odd lots:

‘Big 4’ salaries, revealed: How much Deloitte, KPMG, EY, and PwC accountants and consultants make, from entry level to executive roles (Insider)

Jane Street, DRW Traders Made Billions as Virus Hit Markets (Insider)

A Manhattan judge who has ruled on big Wall Street cases is tired of CEOs getting a pass from prosecutors. He says it’s time to start arresting executives. (Insider)

Homeowners are selling to ‘instant buyers’ that scoop up their houses for cash and resell them for tens of thousands more weeks later. But many have no regrets — and the companies are making bank. (Insider)

https://ragheadnews.com

Leave a Reply

Your email address will not be published. Required fields are marked *