Financial institutions are facing competition from private equity firms as they lose recruits to the sector, specifically for junior analyst talent.
2 reports, 1 independent
Updated Jul 11
Gone quiet
- Reports
- 2
- Developments
- 2
- Repetition
- 50%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Financial institutions are facing competition from private equity firms as they lose recruits to the sector, specifically for junior analyst talent.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Talent movement between financial institutions involving Apollo and Bank of America.Sub-event
Morgan Stanley, TPG, and Apollo Global Management are competing with private equity firms for junior analyst talent.1 source
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The entities involved
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Morgan Stanley
U.S. investment bank
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TPG
American investment company
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Apollo Global Management
American private equity firm
Nothing else this week.
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General Atlantic
US venture capital firm
Related events
Coverage
Newest first; wire copies grouped- BloombergBig Banks Are Tired of Losing Recruits to Private Equity (Bloomberg) — JPMorgan Chase & Co. bosses grew curious last summer as they clocked an unusual number of absences at the training sessions that
- BloombergGoldman Asks Analysts to Swear They Haven’t Lined Up Private Equity Jobs (Bloomberg) -- Goldman Sachs Group Inc. plans to ask junior bankers to confirm their loyalty on a regular basis in a bid to li