Peter MacDiarmid/Getty Images Wall Street investment banks are spending more on tech and eliminating rote tasks that used to go to junior staff. But the banks aren't cutting back on their crops of recent college grads — if anything, they're relying more on younger workers. Analysis of FINRA records by efinancialcareers shows that nearly one-fifth of Finra-licensed employees at the big New York banks are brand new to the business. Some banks, like Barclays and Goldman Sachs, rely more heavily o...
Wall Street firms are being taken over by 22-year-olds -- here are the big banks that rely on junior talent the most
Business Insider - 20 Apr 2019 00:37
Peter MacDiarmid/Getty Images Wall Street investment banks are spending more on tech and eliminating rote tasks that used to go to junior staff. But the banks aren't cutting back on their crops of recent college grads — if anything, they're relying more on younger workers. Analysis of FINRA records by efinancialcareers shows that nearly one-fifth of Finra-licensed employees at the big New York banks are brand new to the business. Some banks, like Barclays and Goldman Sachs, rely more heavily o...
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