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Business & Economics

Breaking down all the recruiting drama rocking the PE industry

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Nutrition label

75% Informative

Private-equity firms are putting their foot down about early recruitment of junior bankers.

JPMorgan warned incoming analysts last week that they would be fired if they accepted a PE job offer.

Apollo told junior bankers it would hold off on recruiting associates for its 2027 class this year .

JPMorgan CEO Jamie Dimon hasn't hidden his annoyance with the practice.