JPM $78k 14k bonus Citi ?? GS ?? Barclays $68k $3k bonus Morgan ?? DB ?? Tech $80k $5k bonus SocGen ??
Western Alliance Bancorp (NYSE:WAL): -82% First Republic Bank (NYSE:FRC): -70% Customers Bancorp (NYSE:CUBI): -56% PacWest Bancorp (NASDAQ:PACW): -53% Metropolitan Bank Holding (NYSE:MCB): -49% Comerica Inc (NYSE:CMA): -46% East West Bancorp (NASDAQ:EWBC): -41% KeyCorp (NYSE:KEY): -34% Zions Bancorp...Read more
First Republic Bank offers attractive rates in the Bay area and some of their programs offer even lower rates for certain qualifying neighborhoods. Anyone ever wonder what makes this bank so special that they offer lower mortgage rates than any other financial institution in the Bay area. One of t...Read more
Yes everyone knows the banks and stocks are absolutely shitting the bed. But does anyone remember the movie Margin Call from 2011, where the entire plot of the movie was about one of the first finance companies to see the impending crash in 2008? Spoilers: they sold all of their assets at a major ...Read more
First Silvergate Bank, Silicon Valley Bank, Signature Bank and Credit Suisse went belly up. Now Deutsche Bank’s stock has lost 26% in the past month and it is starting to crumble. Why is it a worrying sign ? Deutsche Bank is Germany’s biggest bank with around $1.4 trillion in assets. If it goes dow...Read more
“Make sure your wife and kids are able to access all family funds” A friend told me this when I first got married and it stuck with me. In the event that I’m no longer here, best to be prepared. - Online accounts use an email account that we both have access to - 2FA with Google Authenticator a...Read more
The leaders of JP Morgan Chase have bailed out the US Financial system countless times in the last 100 years. This week Jamie Dimon did it again with rallying the big bank CEOs to put $30B into First Republic (14th largest bank) days after SVB (16th largest bank) failed. Of course in many ways this ...Read more
Corporate socialism that is: -Drug development funded by the government (taxpayers), profits are privatized -Socializing the mess of banks/hedge funds while trashing the common man in personal bankrupcy -Massive high fructose subsidies for big businesses while denying 60% of first time request for c...Read more
I’ll be moving careers soon and was wondering what the consensus is on pay for Microsoft vs Financial Institutions for a SWE? In Charlotte and don’t really want to move just yet, will probably save that for my first career hop as a SWE. Do banks usually compensate as well as Microsoft? What about WL...Read more
Hi there! First time poster and completely new to considering any job even adjacent to financial sector. I’m going into a second interview for an associate level position within the JPMorgan Private Bank. It is part of a team that provides clients with support on administering their philanthropy. G...Read more
Hey everyone, happy Sunday. Looking to make my first job hop in my career (2 YOE) and may have two potential offers coming my way soon (knock on wood — nothing official yet). Just wanted to get a gauge of which may be the better option for WLB, career growth and exit ops in a few years. Did some es...Read more
🎙️The Blind Ambition Podcast with Jack Kelly Our super star special guest is Maximilian Tagher, Co-Founder and Chief Technology Officer at Mercury Rick Chen and i discuss how Max entered a highly competitive field without any on-target experience. Max had never worked at a bank, financial servic...Read more
Sir Douglas Flint has first-hand experience of meltdowns in the #mortgage market. The former chairman of HSBC steered the British lender back on track after the global #financial crisis left it reeling in 2008. The crash in US sub-prime mortgages hit HSBC particularly hard as it owned a $118 billio...Read more
Hi there, I have a Bloomberg offer for their financial dev team (after doing an internship, not going to be too specific) lined up for me when I graduate. I am currently in my final year (undergrad) studying financial quant data science with a double in computer science. I am meant to graduate with ...Read more
For all those of you out there looking for the next big thing, you must check out SoFi. We have been flying under the radar but have been growing like crazy and the company is about to take off like a rocketship once we IPO. We've had many ex-FAANG people join SoFi because they know it's going to be...Read more
Hi! I'm graduating in the spring with a masters in finance and currently looking for jobs. I would appreciate it so much if anyone can give a referral to the following companies (or anyone who would be willing, even if not listed!). My goal is to work in tech, consulting, or banking. Thank you so mu...Read more
🎙️The Blind Ambition Podcast with Jack Kelly Our super star special guest is Maximilian Tagher, Co-Founder and Chief Technology Officer at Mercury Rick Chen and i discuss how Max entered a highly competitive field without any on-target experience. Max had never worked at a bank, financial servi...Read more
I couldn’t see anyone telling a complete story about BTC: 1- Governance by governments and the consequences of having something out of the government control (definitely there should be consequential cons). Ex. How a governments gonna be able to stimulate a dead economy in a BTC era? .. handling f...Read more
Just a trip down memory lane. Lehman Brothers was the first financial institution that went out of business in late 2008. Every major bank was saddled with worthless mortgage backed securities and on the verge of going out of business. Even Goldman Sachs was tethering on the edge of bankruptcy. ...Read more
Hi folks, As I build my wealth, I want to see if there invested avenues I haven’t explored yet. I have investments in ETFs, stocks, crypto, 401k (traditional and Roth), and currently paying a 400k mortgage. I am always open to find better ways to invest my money and I feel I am open to talk to a f...Read more