DIRS.INFO The most relevant business & tech news

☆ 30-year-old supercommutes over 500 miles to work in New York: ‘I'm the happiest I've ever been’
▼ + stars: | 2024-04-26 | by ( Morgan Smith | ) www.cnbc.com time to read: +5 min

Some mornings, Kaitlin Jorgenson travels 544 miles to get to a job she'll be at for 72 hours. Although Jorgenson was ready to leave New York, she didn't want to give up the career she had built there. All in all, Jorgenson estimates she would spend a minimum of $4,000 each month to live and work in Manhattan. Moving to Charlotte, Jorgenson estimates, has saved her at least $2,000 each month — commuting expenses and all. During the weeks she's not in New York, Jorgenson works part-time at Superbloom Hair Studio in Charlotte, a job with flexible hours that change depending on Jorgenson's appointment schedule.

Persons: Kaitlin Jorgenson, she's, she'll, Jorgenson, Scott J, — Organizations: Charlotte Douglas International, CNBC, Companies, National Bureau of Economic Research, Corporate Locations: New York City, Charlotte , North Carolina, Brooklyn, Charlotte, New York, —, New Jersey, Manhattan, New, LaGuardia, Houston, Chicago, Queens

Simpson was behind the play with 14.7 seconds left Thursday night when Samford's A.J. Replays from a number of angles showed no contact on the play that sent Timberlake crashing to the floor. “We're talking about last plays that are deciding games, not an incorrect travel call or something like that,” Clougherty said. “The mindset is always, when I blow the whistle, I want to be able to justify the contact,” he said. “These NCAA games, as close as they are, you better not miss a critical play, or they'll find someone else to referee the games,” Clougherty said.

Persons: Lamar Simpson, Simpson, Samford's A.J . Staton, McCray, Nicolas Timberlake, Timberlake, John Clougherty, it's, ” Clougherty, “, Clougherty, ”, —, Greg McDermott, Brad Underwood, Tommy Lloyd, we’ve, Staton, Casper, lifer, Kenny Anderson's, Will Graves, Eric Olson Organizations: LAKE CITY, Samford, NCAA, KU, AP, NBA, ”, Georgia Tech, Michigan State, AP Sports Locations: Kansas, Salt Lake City, Atlantic, — Illinois

☆ I live off the grid in a yurt on land I inherited. There's nothing I miss — life is ridiculously peaceful.
▼ + stars: | 2024-02-07 | by ( Melissa Petro | ) www.businessinsider.com time to read: +6 min

Read previewThis as-told-to essay is based on a conversation with Cami Ostman, a 56-year-old writer and writing coach from Shoreline, Washington. She wasn't going to do anything with the land, so she said I could have it. I can think of seven friends in my age range who've bought off-grid land or purchased sprinter vans or RVs. In Seattle, I'm accountable to my students and employees, but when I'm on my land, I leave my work behind. There's nothing I miss when I'm in the yurt — it's so ridiculously peaceful.

Persons: —, Cami Ostman, I'd, she'd, I've, who's, Pam, who've Organizations: Service, Business, Edison Locations: Shoreline , Washington, Seattle, Washington, Bellingham , Washington, Mongolia, Siberia, Turkey, Pacific, Shoreline

☆ JPMorgan just shuffled its management. Here's what the new line-up says about Jamie Dimon's succession plans.
▼ + stars: | 2024-01-26 | by ( Michelle Abrego | ) www.businessinsider.com time to read: +5 min

Lake, who co-led the consumer and community bank with Piepszak since 2021, will now have sole oversight of that segment. Piepszak and Rohrbaugh will take on day-to-day control of the corporate and investment bank, which Daniel Pinto has led since 2014. Jennifer Piepszak, a JPMorgan lifer, will leave the consumer side of the organization for her new role atop the commercial and investment bank. BIIIn her new role, Piepszak will have a chance to gain more experience on the wholesale side of the business. She joined the bank following her college graduation and spent 17 years in various finance roles across the investment bank.

Persons: Jamie Dimon, Jennifer Piepszak, Marianne Lake —, Dimon, Troy Rohrbaugh, Rohrbaugh, Daniel Pinto, Pinto, Dimon's, JPMorgan Pinto, Gordon Smith, Lake, Piepszak, JPMorgan.com Mary Callahan Erdoes, Erdoes, Morgan Stanley, James Gorman, Mike Mayo Organizations: JPMorgan Chase, Business, JPMorgan, Wall, First Locations: Piepszak, BII, Euromoney, Wells Fargo

☆ Opinion: Bill Belichick and Nick Saban were the kind of coaches I tell my therapist about
▼ + stars: | 2024-01-12 | by ( Opinion Jeff Pearlman | ) edition.cnn.com time to read: +11 min

Under his leadership, Belichick took an organization that never sniffed a Super Bowl title and made it a regular occurrence. Jeff Haynes/AFP/Getty Images Belichick, right, coaches alongside New York Giants head coach Bill Parcells during a playoff game in 1984. Jim Rogash/Getty Images Belichick watches from the sideline as his team plays the Seattle Seahawks in the 2015 Super Bowl. Tom Pennington/Getty Images Belichick presents President Donald Trump with an official Super Bowl helmet at the White House in 2017. Kevin C. Cox/Getty Images Belichick leaves the field after losing to the Kansas City Chiefs in December 2023.

Persons: Jeff Pearlman, Jim Fregosi, Paul Olkowski, Fregosi, “ Skip, “ John, ”, “, ” Fregosi, Bill Belichick, Nick Saban, Alabama’s, Belichick, Saban, Tom, Randy Moss, Bear Bryant, Vince Lombardi, Jeff Haynes, Bill Parcells, Parcells, Arthur Anderson, Ralph Waclawicz, George Gojkovich, Anthony Pleasant, Wayne Scarberry, Al Pereira, Robert Kraft, Kraft, Al Messerschmidt, Kevin Terrell, Tom Brady, Damian Strohmeyer, Karen Warren, Steve, David J, Phillip, Jay Leno, Paul Drinkwater, videotaping, Roger Goodell, Matthew West, Peyton Manning, Reed, Jim Rogash, Christian Petersen, Brady, Tom Pennington, Donald Trump, Samuel Corum, Kevin C, Cox, Maddie Meyer, Steven Senne, —, Deion Sanders, Dan Campbell, he’s, Mike Ditka, George Allen, Steve Rushin, Doug Rader, Lou Piniella, it’s Organizations: CNN, Sports, Toronto Blue Jays, Sports Illustrated, Super, New England Patriots, Tide, Bama, Super Bowl, Getty, New York Giants, Parcells, ESPN, Cleveland Browns, Denver Broncos, Buffalo Bills, New York Jets, Jets, NFL Hall of Fame, Patriots, St, Louis Rams, Jacksonville Jaguars, Houston Chronicle, Philadelphia Eagles, NBCU, Bank, NFL, MediaNews, Boston Herald, Indianapolis Colts, Reed Saxon, Giants, Belichick, AFC, Seattle Seahawks, White House, Atlanta Falcons, Anadolu Agency, Los Angeles Rams, Kansas City Chiefs, The Patriots, Twitter, University of Colorado, Detroit Lions, Schlitz, Chicago Bears, Washington Redskins, California Angels, Seattle Mariners Locations: Tuscaloosa , Alabama, AFP, Baltimore, Hawaii, Boulder, California, Swiss, ”

☆ Meet 4 newly promoted Goldman MDs, including a top advisor to Silicon Valley's VCs and the investment bank's talent whisperer for boards
▼ + stars: | 2023-11-06 | by ( Emmalyse Brownstein | Dakin Campbell | ) www.businessinsider.com time to read: +10 min

Last week, Goldman Sachs inducted 608 employees into its exclusive "MD" club. But the investment bank still made a strong showing. Close to half of the new MDs work for Goldman's all-important global banking and markets (GBM) division, which houses the investment bank. Plus, it's one step removed from partner, which is the highest title at the prestigious investment bank below the C-Suite. Last week, she was one of the 186 women to be promoted to managing director at Goldman Sachs.

Persons: Goldman Sachs, David Solomon, Goldman, There's, Chuck Schumer, Michael Bloomberg, Ilana Wolfe, Goldman Sachs Ilana Wolfe, Goldman who's, Wolfe, Stephanie Cohen, what's, She's, Fereshteh Abbasi, wasn't, Fereshteh Abbabi, Abbabi, Abbasi, I've, Matt Margolin Goldman Sachs Matt Margolin, Matt Margolin, Charles Schumer, — Margolin, Mangolin, Bank of America Merrill Lynch, VCs, Margolin, Jane Mandel Goldman Sachs Jade Mandel, Jade Mandel Organizations: Global Banking, Markets, CDC, Wealth Management, University of Pennsylvania, Stanford, Bloomberg, Bank of America, Barclays, Goldman, Goldman ' San, Asset Management Venture Capital, Growth, Equity Fund, Equity Locations: Solomon, Silicon Valley, Iran, New York, New York City, Goldman ', Goldman ' San Francisco, China, Hong Kong, Asia, America

☆ Morgan Stanley CEO shift pleases all, thrills none
▼ + stars: | 2023-10-26 | by ( John Foley | ) www.reuters.com time to read: +4 min

People take photos by the Morgan Stanley building in Times Square in New York City, New York U.S., February 20, 2020. So the crushing conventionality of Morgan Stanley’s (MS.N)new chief executive selection, announced late on Wednesday, is almost certainly the point. The handover should be fairly civil, since the two CEO also-rans, wealth chief Andy Saperstein and investment management head Dan Simkowitz, both get promotions too. Andy Saperstein, previously seen as a contender for the CEO spot, will retain his leadership of Morgan Stanley’s wealth management business. He will also take on its investment management division, which manages and supervises $1.4 trillion of funds.

Persons: Morgan Stanley, Brendan McDermid, Morgan Stanley’s, Ted Pick, James Gorman, He’s, Morgan Stanley lifer, Morgan, Elon Musk, Gorman, Andy Saperstein, Dan Simkowitz, Goldman Sachs, David Solomon, culls, Wells, Jamie Dimon, aren’t, Goldman, Pick, Antony Currie, Thomas Shum Organizations: New York City , New York U.S, REUTERS, Reuters, Twitter, JPMorgan, Reuters Graphics Reuters, Wall, Thomson Locations: New York City , New York

Wall Street’s real-life “Succession” has endedOne of Wall Street’s most closely watched succession races is over as Ted Pick prepares to become Morgan Stanley’s next chief executive. The path laid out by Gorman has made Morgan Stanley the envy of the financial world and helped it outpace its longtime rival, Goldman Sachs. Morgan Stanley’s board selected him over Andy Saperstein, who leads wealth management, and Dan Simkowitz, who oversees asset management. But Pick, a Morgan Stanley lifer who oversees investment banking and trading, is familiar with the most complex parts of the firm, making him in some ways the safest option. (Morgan Stanley is seeking to keep Saperstein and Simkowitz, making both co-presidents and giving them expanded portfolios.)

Persons: ”, Ted Pick, Morgan Stanley’s, James Gorman, Gorman, Morgan Stanley, Goldman Sachs, Pick, Andy Saperstein, Dan Simkowitz, Morgan Stanley lifer Organizations: HBO

CLEVELAND (AP) — Terry Francona is down to one home game, a final bow. The 2023 home finale will be a bittersweet celebration as the Guardians will honor the popular Francona, who hasn't officially announced his retirement but is expected to do so formally early next week. "I don’t think that’s fair,” he said. I don’t think that’s fair to them or to the next person to try to put my stamp on it. That’s the beauty of our game.”It won't be easy to replace Francona, who played 10 seasons before beginning his managerial career with Philadelphia in 1997.

Persons: — Terry Francona, hasn't, ” Francona, Francona, “, ”, it’s, Tito ”, Chris Antonetti, Mike Chernoff, I’ve, ___ Organizations: CLEVELAND, Progressive, Cincinnati Reds, Chicago Cubs, Philadelphia Locations: Boston, Cleveland, Detroit

☆ ‘Run With Joy and Love’
▼ + stars: | 2023-09-17 | by ( Patricia Leigh Brown | Marlena Sloss | ) www.nytimes.com time to read: +2 min

At “Ready … set … exercise!” Taylor started pacing his fellow runners around the track, the trickiest stretch being a right angle that funnels into a gap between chain link fences. When Taylor started running, “everything connected mentally and spiritually,” he said. Taylor’s return to San Quentin is part of an extraordinary year in his life. He’s one of the subjects of “26.2 to Life: Inside The San Quentin Prison Marathon,” a documentary film by Christine Yoo. “Him getting out shows that just because you’re a lifer doesn’t mean you’re going to be in here forever.”

Persons: ” Taylor, Darren Settlemyer, Taylor, ”, “, Christine Yoo, “ Markelle, Him Organizations: San Quentin Prison Locations: San Quentin, Santa Barbara

“His response to me was, ‘I’ve given you leverage now to make a better deal,’” recalled DeMastus, who supports some form of a federal ban but isn't ruling out backing Trump even if he doesn't. 2 in part because of his credibility with social conservatives, has declared that every Republican running for president should endorse, at a minimum, a federal abortion ban 15 weeks into pregnancy. Ron DeSantis, who often answers questions about a federal ban by saying his state recently passed a ban on abortion after six weeks of pregnancy. Trump maintains that even some anti-abortion activists believe the six-week ban — before many women even know they’re pregnant — is too harsh. The country’s leading anti-abortion group, Susan B. Anthony Pro-Life America, wants GOP presidential candidates to advocate for a 15-week federal ban.

Persons: — Donald Trump, he's, Roe, Wade, Trump, Mike Pence, He's, ”, Steve Scheffler, “, Joe Biden, Donald Trump, who’s, MAGA, Ammar Moussa, Tudor Dixon, Dixon, Gretchen Whitmer, Mike DeMastus, ‘, ’ ”, DeMastus, Pence, Carolina Sen, Tim Scott, Nikki Haley, Vivek Ramaswamy, Ron DeSantis, —, Susan B, Anthony Pro, Marjorie Dannenfelser, ” Trump, Steven Cheung, Trump's, aren't, Kim Lehman, Lehman, Timmaraju, they’ll, ” Timmaraju, Marlys, Jill Colvin, Sara Burnett Organizations: DES, Republican, White, GOP, Iowa Faith, Freedom Coalition, Republican National Committee, Family Research Council, America's Leadership, Coalition, Voters, MAGA Republicans, Michigan, Michigan Democratic Gov, Trump, Florida Gov, America, RNC, NARAL, Associated Press Locations: DES MOINES, Iowa, U.S, lockstep, Washington, Des Moines, South Dakota, Kansas, Ohio, York, Carolina, New York, Chicago

☆ CEOs are having their worst year in decades
▼ + stars: | 2023-09-13 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Oil prices hit 10-month highGlobal oil prices climbed above $92 a barrel on Tuesday for the first time in nearly 10 months, reports my colleague Matt Egan. Takeaways from Apple’s iPhone 15 eventTuesday was a big day for Apple as the tech titan unveiled its iPhone 15 lineup along with other major updates during its September keynote event. Among the highlights: The iPhone 15 Pro and iPhone 15 Pro Max now feature a titanium casing, allowing the design to be slimmer and thinner than before. The iPhone 15 comes in 5 colors (white, black, pink, green and yellow) and in two sizes: A 6.1-inch screen for the iPhone 15 and 6.7 inches for iPhone 15 Pro. The iPhone 15 will start at $799, and iPhone 15 Pro will start at $999.

Persons: New York CNN — It’s, ”, Bernard Looney, Looney, Stewart Glendinning, Timothy Baxter, Baxter’s, Baxter, Macy’s, Rosalind Brewer, Neil Saunders, hasn’t, Matt Egan, Brent, Matt Smith, “, Clare Duffy, Samantha Murphy Kelly, Max Organizations: CNN Business, Bell, New York CNN, Ferguson Partners, BP, Express, Tyson Foods, Walgreens Boots Alliance, Walgreens, “, Americas, AAA, Apple Locations: New York, —, Libya, “ Libya, Kpler, Russia, Saudi Arabia

NatWest lifer Rose climbed up the ranks over more than three decades from graduate trainee to boardroom, becoming the first woman to run one of Britain's major banks. "You can be a hero one day, a zero the next, as Alison Rose has found out." Davies lamented the "sad moment" while Rose paid tribute to colleagues who had helped her build solid foundations for the bank, in a statement accompanying the news. RBS TO NATWESTRose succeeded Ross McEwan as CEO of NatWest in 2019, becoming the lender's first female boss. But under Rose's supervision, the bank became one of Britain's biggest participants in government-designed loan schemes to keep ailing businesses afloat.

Persons: Alison Rose, Nigel Farage, NatWest lifer Rose, Coutts, Rishi Sunak, Rupert Younger, Rose, Howard Davies, Rose's, Davies, Charlie Nunn, Farage, impinging, NATWEST Rose, Ross McEwan, McEwan, Stephen Hester, Fred Goodwin, Lawrence White, Conor Humphries Organizations: NatWest's, Brexit Party, NatWest, Oxford University's, Lloyds Banking Group, Britain's, RBS, NATWEST, Royal Bank of Scotland, Thomson Locations: Europe, Westminster, Britain

☆ One More Chorus of ‘Humm Baby’ for a Baseball Lifer
▼ + stars: | 2023-06-20 | by ( Scott Miller | ) www.nytimes.com time to read: 1 min

On the fringe of a quiet golf course in the foothills outside San Diego, music from the Highwaymen galloped from the sound system. Family and baseball, inextricably intertwined, had gathered to say one final goodbye to Roger Craig. Horses and golf, two other staples in this North Carolina country boy’s life, gracefully filled the green pastures and dusty trails of the imagination as the songs rang out. I was a highwaymanAlong the coach roads, I did rideCraig was 93 when he died this month. He was married to his beloved Carolyn for 71 of those years.

Persons: Roger Craig ., Craig, Carolyn, gleamed Organizations: Major League Baseball Locations: San Diego, North Carolina

☆ BlackRock is wrestling with who could succeed Larry Fink. Here's who's now in the running.
▼ + stars: | 2023-05-12 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +8 min

Investment giant BlackRock has been planning for CEO Larry Fink's succession for years. Leadership has discussed BlackRock cofounder Susan Wagner as someone who could succeed Fink if the board does not have a clear candidate. For years, BlackRock has been planning for Chief Executive Larry Fink's succession, a torch-passing the industry has long speculated over. BlackRock has become shorthand for the intense backlash from primarily Republican lawmakers over sustainable investment strategies that Fink has championed as CEO. Goldstein, 49, is a BlackRock lifer and has been chief operating officer for nearly a decade.

☆ William Leslie Arnold: Loving father exposed as a convicted killer who lived life on the run
▼ + stars: | 2023-05-09 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +12 min

He had killed his parents … and he’s at the drive-in seeing “The Undead” Geoff Britton, US investigator“He had killed his parents. By the time Britton started on the case, Arnold had been on the run for more than three decades. In prison, Arnold followed the rules and could have qualified for early release, Cordes wrote. Westover said the son didn’t know he’d emailed a US Marshal who’d been tasked with tracking down his father. Now that they know his alias, US officials are piecing together Arnold’s life from his last known location in Chicago.

☆ I left a high-rise apartment to live in a van. It's not that much cheaper, but I've saved $70,000 over 3 years and won't ever go back to a traditional home.
▼ + stars: | 2023-04-23 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +6 min

She described the joys of living in a van — and its less romantic sides, like showering at the gym. This as-told-to essay is based on a conversation with a 38-year-old personal assistant about going from a traditional apartment to living in a van. For the first couple of weeks of living in my van, I would park in front of the high-rise apartment complex that I used to live in. I also learned that van life is very popular in the West. I'm never going back to traditional housingWhen I first got into van life, I didn't research how to make it work.

☆ Texas GOP Rep. Tony Gonzales dodges questions on mifepristone ruling: 'Women have a whole lot of other issues than just abortion'
▼ + stars: | 2023-04-09 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

Tony Gonzales said women face "other issues" than abortion when asked about the fate of mifepristone. Gonzales argued that the Biden administration was stepping on states' rights by appealing the mifepristone ruling. A federal judge in Texas ordered a hold on the drug's decades-old federal approval on Friday. Gonzales replied that the "states started this" with the Texas ruling, but "now the federal government is coming in and dictating theirs." "No, I think it's important that we take care of women," Gonzales said.

☆ Amazon's post-Bezos experiment hasn't gone exactly as planned
▼ + stars: | 2023-03-20 | by ( Annie Palmer | ) www.cnbc.com time to read: +3 min

Amazon CEO Jeff Bezos speaks during an Action on Forests and Land Use event on day three of COP26 at SECC on November 2, 2021 in Glasgow, United Kingdom. Since Jassy officially succeeded Bezos in July 2021, Amazon has experienced its most turbulent period since the dot-com crash. But whether it's bad luck, his own missteps or some combination of the two, Jassy is an unenviable position as only the second CEO in Amazon's history. So far, the Jassy era has been all about belt tightening and retrenchment from some of Amazon's more experimental pursuits. He made the decision to shutter all of its 4-star, Pop Up and Books stores and, earlier this year, announced Amazon would close some Fresh supermarkets and Go cashierless convenience marts.

☆ Walmart CEO Plans to Stay in Role at Least Three More Years
▼ + stars: | 2023-03-03 | by ( Sarah Nassauer | ) www.wsj.com time to read: 1 min

With Doug McMillon, Walmart’s 56-year-old CEO, planning to stay in the role, the company has more time to name a successor. Walmart Inc. Chief Executive Doug McMillon plans to helm the country’s largest retailer for at least three more years as the company continues work to identify a successor, according to people familiar with the matter. Mr. McMillon, 56, a Walmart lifer who has held the job since 2014, is the company’s fourth CEO since founder Sam Walton . His plans to stay in the role for more than a decade will extend the company’s timeline for finding its next leader, the people said.

☆ Some FedEx employees say layoffs are wrecking morale and chipping away at the famous loyalty that Fred Smith built
▼ + stars: | 2023-02-15 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +7 min

Some insiders see the layoffs as a failure of leadership and fear a lasting shift in FedEx culture. But now, some also question if the company Smith built is changing for good. "The erosion just kept happening," said one former FedEx who left the company in the last year. Inside the company, employees are doing the back-of-the-envelope calculations on the cuts still to come — Subramaniam promised $4 billion and cuts this fiscal year. "There is still that emphasis that people are first at FedEx," said a 15-year FedEx veteran who left last year.

☆ Kazuo Ueda, Tapped as Bank of Japan Chief, Is Seen as Pragmatic Insider
▼ + stars: | 2023-02-14 | by ( Megumi Fujikawa | ) www.wsj.com time to read: 1 min

Kazuo Ueda isn’t a Bank of Japan lifer, but people who know him say he is the next closest thing to one. TOKYO— Kazuo Ueda , who was picked Tuesday to lead Japan’s central bank, is a pragmatist steeped in the institution’s culture who is likely to seek balance among competing camps, say people who know him. In his writings, Mr. Ueda, 71, tends to discuss scenarios and risks without advocating any position, sometimes irking those who want more aggressive action.

☆ Changes hit The Wall Street Journal during new EIC Emma Tucker's first week, as she installs a chief of staff and the paper's veteran managing editor departs
▼ + stars: | 2023-02-10 | by ( Steven Perlberg | ) www.businessinsider.com time to read: +3 min

Taneth Evans, who previously ran audience development at The Times of London, will be Tucker's chief of staff, three Journal sources said. The top editorial ranks at The Wall Street Journal are already changing under new Editor-in-Chief Emma Tucker. Tucker has tapped Taneth Evans as her chief of staff, according to three Journal sources. On Monday, the British-born Tucker addressed Journal staff for the first time from the paper's New York headquarters. Pensiero held a variety of roles during her tenure, including editor for newsroom standards and managing editor for international.

☆ Does anyone want to stay in investment banking these days?
▼ + stars: | 2023-02-10 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

Banker salaries will get you in first class, but the potential total comp at PE firms and hedge funds will get you flying private. PE firms have been known to grind through people, but nothing quite compares to life at an investment bank. An investment bank's analyst program remains the go-to route to get your foot in the door on the Street. Click here to read more about salaries being offered by top PE firms to 2024 associates. All kidding aside, this deep dive by ProPublica is a fascinating look into how investment firms are helping the ultrarich save on taxes.

☆ PE firms' eagerness to recruit junior bankers is blowing up in their faces. Here's why they need to change.
▼ + stars: | 2023-01-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

As Insider's Emmalyse Brownstein reports, some PE firms are scrambling to fill positions that, in years past, would have been locked up for months. Some context on PE recruiting: Firms recruit, interview, and make offers to junior bankers well ahead of their actual start dates. Some junior bankers didn't feel comfortable interviewing for a new role when they had barely settled into their current ones. The fact PE firms need to go back to the well to fill open seats should be a wake-up call. Click here to read more about how PE firms' early recruitment of junior bankers backfired.

Search resuls for: "lifer"

25 mentions found