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I think you all agree with me when I say: it’s REALLY hard to learn how to become an investment banker.
Financial analysts in the investment banking departments of securities or banking firms often work in teams, analyzing the future prospects of companies, and selling shares to the public for the first time via an initial public offering (IPO), or issuing bonds; this task is often identical to that of a securities analyst.
The investment banking industry, including boutique investment banks, have come under criticism for a variety of reasons, including perceived conflicts of interest, overly large pay packages, cartel-like or oligopolistic behavior, taking both sides in transactions, and more. [50] Investment banking has also been criticized for its opacity. [51]
University graduates Harper Stern, Yasmin Kara-Hanani, Gus Sackey, Hari Dhar and Robert Spearing interview for entry-level jobs on the trading floor of Pierpoint & Co, a prestigious investment bank. The grads are told that on Reduction in Force (RIF) day in six months, they will be given full-time jobs or let go. Harper is driven, which appeals ...
Today's young adults have money on their minds. A new report from the CFA Institute, a nonprofit that certifies investment professionals, revealed that young grads in 2023 worry about low pay above...
In 1986, Goldman Sachs investment banker David Brown pleaded guilty to charges of passing inside information on a takeover deal that eventually was provided to Ivan Boesky. [212] In 1989, Robert M. Freeman , who was a senior Partner, who was the Head of Risk Arbitrage, and who was a protégé of Robert Rubin , pleaded guilty to insider trading ...
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