Alex Nicoll

2 days ago | businessinsider.com | Kaja Whitehouse |Reed Alexander |Alex Nicoll |Emmalyse Brownstein

JPMorgan is warning junior bankers against taking future-dated jobs with buyout firms — or even sneaking out of job training to take interviews. On Wednesday, JPMorgan Chase's top investment banking brass sent a memo to incoming first-year IB analysts warning them against participating in the private equity industry's annual recruiting ritual.

2 days ago | businessinsider.com | Kaja Whitehouse |Alex Nicoll |Henry Blodget

BlackRock CEO Larry Fink has some words of wisdom for leaders navigating the age of populism and social media: Watch what you say. "You have to be a lot more guarded," Fink said on Thursday. "I can't say everything I really want to say to all of you right now," he joked to the audience attending Forbes's Iconoclast Summit. "The reality is you have to be a lot more systematic in what you say and how you say it internally or externally," he said, adding, "I mean, we live in a terrarium today.

3 days ago | businessinsider.com | Kaja Whitehouse |Alex Nicoll |Henry Blodget

The CEO of America's largest bank has long been skeptical of the rise of private credit, even as JPMorgan Chase jumps on the nonbank lending bandwagon in an effort to compete. "I think that people who haven't been through major downturns are missing the point about what can happen in credit," Jamie Dimon said at the bank's investor day in May.

3 days ago | businessinsider.com | Kaja Whitehouse |Alex Nicoll |Henry Blodget

Gombault cofounded Ardian's secondary team in 1998, back when the firm was still part of the French insurance giant Axa. "At the time we raised a fund of $300 million," he said. "By the time I left the company, it was a $33 billion platform."As Ardian expanded, so did Gombault's travel schedule — managing operations across 18 offices. Eventually, he retired and sold his shares. But retirement didn't suit him. "I'm not passionate about golf," he joked.

2 weeks ago | businessinsider.com | Kaja Whitehouse |Emmalyse Brownstein |Reed Alexander |Alex Nicoll

Graduation season is supposed to be filled with commencement speeches, family dinners, and tearful goodbyes. Newly minted graduates headed to Wall Street, however, are finding themselves trading libations for leveraged buyout models. Soon-to-be junior bankers told Business Insider that they have been summoned in recent weeks to introductory meetings with buyout firms and headhunters for associate jobs that won't start for two years — when their investment banking analyst programs end.