Navigating Turbulent Waters: Leadership Changes and Junior Bankers' Anxiety in Private Equity Recruitment
Junior bankers on Wall Street are feeling the pressure as rumors circulate that private equity interviews could start at any moment, causing some first-year bankers to skip training sessions and study instead. The early start to private equity recruiting is disrupting the training of new analysts, who are still adjusting to their roles. The process can be intense, with junior bankers calling in sick or interviewing late at night to avoid losing their current jobs. The uncertainty and rumors surrounding the recruiting process are causing anxiety among junior bankers, who are concerned about making the right career choices.