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Junior Bankers

Junior bankers: FN wants your views on pay, job security and work-life balance

1 min read

Rebel junior dealmakers stick with banking despite burnout: ‘The job market is a shock to many’

By Paul Clarke

2022-10-24T04:01:45Z

6 min read

Citigroup Hedge Funds Investment Banking People JPMorgan Junior Bankers Goldman Sachs

A declining economic outlook has forced many juniors to rethink quitting banking

Inside Citigroup’s Málaga plan to battle banker burnout

By Paul Clarke

2022-10-23T23:01:29Z

8 min read

Citigroup Investment Banking People Junior Bankers

The Spanish city is about more than sun and sand, a new crop of bankers say

Nomura hikes junior pay for a second time, matching Wall Street rivals

By Paul Clarke

2022-06-24T07:22:15Z

2 min read

Nomura Investment Banking People Junior Bankers

Nomura increased entry-level salaries from $85,000 to $100,000 in July last year

Bankers quit to freelance in revolt against burnout: ‘I can go to dinner with my girlfriend on Saturday night’

By Paul Clarke

2021-12-17T00:01:14Z

8 min read

Investment Banking People JPMorgan Junior Bankers Goldman Sachs

Brutal hours during the past 18-months have prompted an exodus of juniors that banks have struggled to stem

RBC Capital Markets to hike associate bonuses as junior talent war continues

By Paul Clarke

2021-11-29T05:01:45Z

2 min read

Pay and Bonuses Investment Banking JPMorgan Junior Bankers Goldman Sachs

Canadian bank signals the path ahead as the race to keep hold of talent heats up

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FN100 Women in European Finance 2024

Bilal Jafar

Brevan Howard’s Claire McCathie: ‘Achieving results commands respect’

Crypto hedge funds continue to rally as bitcoin approaches all-time high

Citadel’s Drew Gillanders: ‘Our peers have a restrictive risk framework… we take a longer-term view’

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JPMorgan hikes junior sales, trading and research analyst pay

By Bérengère Sim

2021-08-10T07:58:33Z

1 min read

Investment Banking Covid-19 JPMorgan Junior Bankers

Houlihan Lokey raises junior salaries to $105,000 amid sector burnout crisis

By Paul Clarke

2021-08-06T13:41:21Z

2 min read

Investment Banking Junior Bankers

Houlihan Lokey has already made efforts to bolster junior pay and improve morale

80-hour weeks are a must to rise in banking, JPMorgan exec says

By Emily Nicolle

2021-07-21T07:36:06Z

3 min read

Investment Banking JPMorgan Junior Bankers

JPMorgan's Mary Erdoes, who became its wealth chief in 2009, said juniors should expect long hours to become the best

BlackRock boosts pay for juniors and middle managers

By Lucy McNulty

2021-07-14T14:39:19Z

2 min read

Pay and Bonuses Asset Management Junior Bankers BlackRock

Email from chief executive adds further fire to Wall Street pay wars

Why $100,000 a year still isn’t enough for 21-year-old bankers — ‘Banks need to worry’

By Paul Clarke

2021-07-13T04:01:09Z

7 min read

Citigroup Pay and Bonuses Coronavirus Credit Suisse Investment Banking Junior Bankers Goldman Sachs

Pay hikes have come with lifestyle changes that have inadvertently shone a light on banks' harsh working conditions

Citi has increased pay in line with its Wall Street rivals

Citigroup increases junior banker pay as talent war heats up

The bank is hiking pay to bring its juniors in line with Wall Street rivals

The workload issue has really come to a head this year

If City firms are serious about ESG, they must start with staff welfare

All the talk is of sustainability, but workloads for many have become unsustainable

Salary hikes, one-off bonuses of up to $40,000 and attempts to shake-up working hours have done little to stem the exodus of junior talent

Banks in staffing crisis as 70% of burned-out juniors flee: ‘This is ridiculous’

'Banks are haemorrhaging junior bankers,' says one headhunter

Jefferies' move follows earlier efforts to retain its junior bankers which included offering a selection of fitness products including a subscription to Peloton

Jefferies fast-tracks junior bankers amid burnout and battle for talent

The US investment bank previously made headlines by offering burned-out associates Pelotons and Apple products

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London lawyer dies after drinking toxic alcohol in Laos

The new boutique bank looking to grow to 130 dealmakers and take on the mid-market

Robert Jenrick’s wife Michal Berkner leaves McDermott Will & Emery

Goldman Sachs names new ECM leadership in Europe after departures

UBS promotes Hannon to UK M&A head as shake-up continues

On the Move

Trading Places: Goldman’s ECM shake-up, Latham’s latest raid

Sidley Austin raids Latham & Watkins for 10-lawyer team in London

CDPQ hires Sharon White to lead push in Europe

‘I don’t miss a thing’: Burned-out junior bankers reflect on life after quitting

By Paul Clarke

2021-05-23T23:01:44Z

6 min read

Citigroup Pay and Bonuses Investment Banking Barclays UBS JPMorgan Junior Bankers Goldman Sachs

Liam White left JPMorgan in 2017 to launch Dr Will’s, a startup that makes healthy condiments

Goldman juniors’ 100-hour weeks and the plight of young bankers — Here’s what you need to know

By Paul Clarke

2021-05-10T13:06:00Z

3 min read

Investment Banking Junior Bankers Goldman Sachs

Banks are waking up to how hard it is for younger staff as the pandemic grates and as workloads soar

Junior bankers at Stifel to get a $10,000 bonus, even if they quit

By Paul Clarke

2021-05-10T10:42:37Z

2 min read

Investment Banking Junior Bankers

Stifel has unveiled a series of new benefits for its junior bankers

JPMorgan to hire 190 juniors as banks rush to ease stress and workload crisis

Paul Clarke

2021-04-21T13:38:04Z

3 min read

Investment Banking JPMorgan Junior Bankers M&A Goldman Sachs

JPMorgan is the top investment bank as deals have surged. Workloads have soared, too

Here’s what Goldman, JPMorgan and Citi pay juniors as workloads soar

Paul Clarke

2021-04-19T23:01:14Z

3 min read

Citigroup Pay and Bonuses Credit Suisse Investment Banking UBS Deutsche Bank JPMorgan Junior Bankers Goldman Sachs

Junior bankers in London have not enjoyed the bonus increases handed out to dealmakers in the upper ranks

Junior Bankers

Junior bankers: FN wants your views on pay, job security and work-life balance

Rebel junior dealmakers stick with banking despite burnout: ‘The job market is a shock to many’

Inside Citigroup’s Málaga plan to battle banker burnout

Nomura hikes junior pay for a second time, matching Wall Street rivals

Bankers quit to freelance in revolt against burnout: ‘I can go to dinner with my girlfriend on Saturday night’

RBC Capital Markets to hike associate bonuses as junior talent war continues

Bilal Jafar

Brevan Howard’s Claire McCathie: ‘Achieving results commands respect’

Crypto hedge funds continue to rally as bitcoin approaches all-time high

Citadel’s Drew Gillanders: ‘Our peers have a restrictive risk framework… we take a longer-term view’

JPMorgan hikes junior sales, trading and research analyst pay

Houlihan Lokey raises junior salaries to $105,000 amid sector burnout crisis

80-hour weeks are a must to rise in banking, JPMorgan exec says

BlackRock boosts pay for juniors and middle managers

Why $100,000 a year still isn’t enough for 21-year-old bankers — ‘Banks need to worry’

Citigroup increases junior banker pay as talent war heats up

If City firms are serious about ESG, they must start with staff welfare

Banks in staffing crisis as 70% of burned-out juniors flee: ‘This is ridiculous’

Jefferies fast-tracks junior bankers amid burnout and battle for talent

Most Read

London lawyer dies after drinking toxic alcohol in Laos

The new boutique bank looking to grow to 130 dealmakers and take on the mid-market

Robert Jenrick’s wife Michal Berkner leaves McDermott Will & Emery

Goldman Sachs names new ECM leadership in Europe after departures

UBS promotes Hannon to UK M&A head as shake-up continues

On the Move

Trading Places: Goldman’s ECM shake-up, Latham’s latest raid

Sidley Austin raids Latham & Watkins for 10-lawyer team in London

CDPQ hires Sharon White to lead push in Europe

‘I don’t miss a thing’: Burned-out junior bankers reflect on life after quitting

Goldman juniors’ 100-hour weeks and the plight of young bankers — Here’s what you need to know

Junior bankers at Stifel to get a $10,000 bonus, even if they quit

JPMorgan to hire 190 juniors as banks rush to ease stress and workload crisis

Here’s what Goldman, JPMorgan and Citi pay juniors as workloads soar

FN Law

Robert Jenrick’s wife Michal Berkner leaves McDermott Will & Emery

Tributes paid to ‘talented’ lawyer who died in Laos poisoning

London lawyer dies after drinking toxic alcohol in Laos