JPM Tightens Policy on Analyst Retention, Return Offers are Out, Early Bonus Intel

Weekly IB Recruiting Brief: Bonus Predictions and Career Advice In this week's IB recruiting brief, Meredith Dennis discusses the impact of the current economic climate on investment banking recruiting, including substantial bonus increases predicted by Johnson Associates for 2024 and the Fed's potential rate cuts. Additionally, the episode covers JP Morgan's steps to curb aggressive recruitment by private equity firms and provides valuable advice from Andrea Benson on handling a no-offer situation after an internship. Meredith also announces new courses at Prospect Rock Academy targeting undergrads, MBAs, recent grads, and laterals, offering insider networking tips and tricks with a special discount code.

00:00 Introduction and Economic Climate Impact

00:27 Exciting Bonus Predictions for 2024

01:07 FedWatch: Rate Cut Predictions

01:33 JP Morgan's Recruitment Strategy

02:00 Handling a No Offer Situation

02:32 Conclusion and Career Advice

03:01 Prospect Rock Academy Courses