The battle for talent between rival wealth managers is heating up, with some poaching from each other to bolster their own forces. Insider spoke with a handful of recruiters to get the lowdown on where advisors are heading.
Heading into the second year of pandemic internships, major banks and hedge funds are grappling with whether to once again go virtual or have some in-office work. Our running list details what Wall Street interns can expect this year.
We sat down with Michelle Gadsden-Williams, BlackRock’s head of diversity, equity, and inclusion, to discuss her new multi-year strategy in the wake of employees’ reports and a lawsuit over discrimination in recent months. She’s tasked with making the world’s largest asset manager a more inclusive place — and this is how she plans to do it.
A year of nonstop work from home has Wall Street’s junior bankers burnt out. Now, their bosses fear the young bankers have lost their desire to stick with the profession. Read our exclusive report.
A man walks near a Bank of America branch in New York’s Times Square Decemeber 11, 2008. REUTERS/Brendan McDermid
Speaking of interns, Bank of America told incoming summer analysts it will run its internship program virtually. Here’s what it told interns to expect.