2025 Expected Deal Recovery Sparks Rush to Hire Junior Bankers
It looks like 2025 is going to be a big year for investment bankers! They are gearing up for a busy year by hiring new talent in preparation for an expected increase in deals.
Most of the hiring is happening at the junior level – think analysts and associates. This totally makes sense because as the potential for revenue grows, so does the need for more people to handle all those deals.
Take Goldman Sachs, for example. They’re on the lookout for more than a dozen junior bankers to join their teams globally, with a focus on technology, media, and telecoms, as well as their Financial Institutions Group.
JPMorgan is even more bullish, looking to hire over 60 analysts, senior analysts, and associates for various teams worldwide, including healthcare, consumer & retail, and private equity.
Citi may not be hiring as many people as JPMorgan, but they still have around 20 openings for experienced junior bankers. The roles are predominantly in London and New York, covering both M&A and capital markets.
Morgan Stanley is also in the game, with opportunities in Japan and Germany across different coverage teams. While Bank of America isn’t actively looking for junior bankers, they’ve managed to avoid making cuts during the slower dealmaking period post-pandemic.
And it’s not just the American banks getting in on the action. Barclays is seeking healthcare juniors, UBS has a variety of associate roles in the UK, and Deutsche Bank is eyeing additions to their Financial Institutions Group team.
The stage is set for 2025 to be a solid year for investment banking, driven by factors like the US elections being behind us and interest rates gradually declining. One recruiter even mentioned that this year could be a record year for hiring in the industry.
Exciting times ahead for junior bankers looking to jump into the finance world!
