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Category: Workplace Issues

1,825 Days Later: Wall Street After the Crisis

Five years ago this week, Lehman Brothers infamously filed for bankruptcy, Merrill Lynch was force-fed to Bank of America, and 80 percent of AIG was purchased by the Federal Reserve Bank of New York in exchange for $85 billion in debt in what was the largest government bailout in U.S. history. In other words, this week marks the fifth anniversary of the financial crisis of 2008. Read More >

Why We Should Probably Give Gen Y a Break

So yet another article/listicle/infographic has come out railing against the collective naivete and entitlement of Generation Y. But Wait Why, via Huffington Post, illustrates in a comic why Generation Y is unhappy (hint: it's because of all the naivete and entitlement). Read More >

The 16 Most Disgruntled Analysts on Wall Street

Last week, Vault released its latest Vault Banking 50, a ranking of the best investment banks to work for in North America. And for the first time, a non-bulge-bracket bank ranked No. 1 in the rankings: The Blackstone Group. Read More >

How to Use Twitter Without Getting Fired

I know what you're thinking. Do we really need another article on social media tips for professionals? Is it really possible that, in 2013-the year of the failed resurgence of Anthony Weiner, and the revelation of the extent of the spying capabilities of the NSA-we still need to go over how you can use Twitter without getting fired/destroying your career prospects for the foreseeable future? Really?  Isn't the concept of losing your job because of social media all a bit 2008? Read More >

50 Best Investment Banks to Work For

Earlier this year, Vault surveyed nearly 3,500 banking professionals, asking them to rate their peer firms in terms of prestige, as well as their own firms in several quality of life categories, including compensation, hours, culture, business outlook, training, and overall satisfaction. A weighted formula* was then applied to these ratings to create the 2014 Vault Banking 50-a ranking of the best firms to work for in investment banking. Read More >

Don't Fear the Phone: 7 Strategies to Conquer Calling

Have exceptionally good chatting skills? You might have a bright future as a "phone-use consultant." Believe it or not, that's an actual job title now, thanks to the rise of emailing, g-chatting, and totally phone-phobic Millennials in the workplace. To older generations' chagrin, Gen Y's reluctance to get on the horn  has been translating into slumping business, according to the Wall Street Journal. Read More >

The Top Consulting Firm in Asia-Pacific Is...

We are delighted to announce that the Vault 2014 Asia Pacific Consulting Rankings are here! As a region that is home to around two-thirds of the world's population, and a number of rapidly developing economies, Asia-Pacific is key to the future of the global economy. Read More >

Death of BofA Intern Shines Brighter Light on Killer Workweeks

Last week, a 21-year-old Bank of America intern in London died after reportedly working three all-nighters in a row. Read More >

Vault's 2014 Consulting Rankings are Here!

Having spent much of the past few years under the same kind of financial stresses as its clients, there are signs that the consulting industry is getting back to being a growth industry. Read More >

Will the London Whale Swallow Jamie Dimon’s Swagger?

Yesterday it was just a rumor but today it became official: the U.S. has filed criminal charges against two ex-JPMorgan traders in connection with a controversial trading position/scandal commonly referred to, for its largesse, as the London Whale. The position (a trade in credit derivatives) went extremely south last year and so far has cost JPMorgan more than $6 billion. What the U.S. Read More >

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