Investment Banking

Goldman Sachs to ask analysts to pledge loyalty as private equity firms circle

The US bank is looking to stave of interest in its young recruits from private equity firms

Goldman Sachs is set to ask juniors to confirm they are not accepting offers from other firms every three months
Goldman Sachs is set to ask juniors to confirm they are not accepting offers from other firms every three months Photo: Michael Nagle/Getty Images

Goldman Sachs is set to ask its junior bankers to declare their loyalty to the company every three months, as investment banks look to fend off poaching from private equity firms.

The US investment bank will ask its new analyst hires to certify that they have not accepted jobs elsewhere every quarter, Bloomberg reported citing people familiar with the matter.

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