recruiting

The private equity industry’s chaotic junior hiring process — infamous for midnight interviews and exploding offers — has long captivated Wall Street.This year, it’s under fresh scrutiny after JPMorgan Chase warned incoming investment bankers they’d be fired for skipping job training to interview with buyout firms for roles that wouldn’t…

A prestigious corner of Wall Street is having a bit of an identity crisis.The private-equity industry is on the cusp of some massive changes to how it recruits young talent. Big-name firms are putting their foot down about the early recruitment of junior bankers, leaving young Wall Streeters scrambling.There’s a…