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Goldman Sachs Reportedly Requires Loyalty Oaths From Junior Bankers to Stop Private Equity Poaching

Sherin Shibu

created: July 9, 2025, 9:05 p.m. | updated: July 10, 2025, 5:30 p.m.

Goldman Sachs is planning to ask junior analysts to verify every three months that they don't have a job lined up elsewhere, in a periodic pledge of loyalty, Bloomberg reports. Related: Here Are the Odds of Landing a Summer Internship at Goldman Sachs or JPMorganGoldman Sachs isn't the only bank on Wall Street to crack down on poaching from private equity firms. Goldman Sachs CEO David Solomon. Apollo and Goldman Sachs offer comparable compensation packages. In comparison, Goldman Sachs pays first-year analysts $110,000 and first-year associates $150,000.

3 months, 4 weeks ago: Entrepreneur