From BusinessInsider: According to a tip sent to Dealbreaker's Bess Levin, Goldman
Sachs is firing its first-year analysts who already have offers at buy-side
firms after their two-year investment banking gig is up. Apparently some
executives at the bank are calling up the firms to ask, and analysts who have
been revealed are being axed.
About 4 analysts have been fired so far, according to the
tip.
Most banks have policies in place that prohibit analysts
from looking for new gigs until after their contract is up, but we know many
analysts who've managed to sidestep those rules and landed offers. (Now use
those those skills to hide the offer!)
It's not clear what Goldman's policies may be and if
executives are allowed to just call up companies to ask about job offers for
Goldman analysts.....
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