This article confirms that it’s easier to get a job at GS now, but that the positions are paying way less than before. Can ppl at GS confirm? Seems like this is a trend accross all retail and investment banks...very true at chase as well. Thoughts? https://news.efinancialcareers.com/us-en/3003034/jobs-at-goldman-sachs-2020
The 2004-2007 days of Goldman are long gone. 2008-2011 : GS tried to stand on it feet post financial crisis 2012 to 2018 : GS tried to cling on to it's FICC business in hopes some day it will go back to its Glory days 2019 onwards: New CEO, ditch FICC, boost other sources of revenue including commercial banking Pay is going down, there are more engineers (will continue to be the case) in the firm than traders. In short, yes Wall Street Glory days are long gone.
He is news these days for his spinning capability. at least that's what Bloomberg is reporting.. the DJ CEO
Yes pay is going down every year!
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GSucks and no longer relevant.