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Inside the hard-partying, big-spending world of Wall Street’s summer interns
It’s been a wildly volatile week on Wall Street — and a wild summer for the finance industry’s interns. Pay has never been higher for those lucky enough to score a summer position, with some firms taking less than 1% of applicants. Prestigious banks such as Goldman Sachs or high-octane hedge funds such as Citadel typically pay from $50 to $150 per hour, so some of the summer hires are raking in north of $20,000 per month — often more than first-year analysts make. And, working conditions have never been so reasonable. After 35-year-old Bank of America trader Leo Lukenas III died in May following 100-hour ... (full story)
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- Posted: Aug 7, 2024 11:59pm
- Submitted by:Category: Entertainment NewsComments: 0 / Views: 7,786
