Apollo Delays Hiring Junior Bankers After Pressure From Jamie Dimon

Apollo Delays Young Banker Offers as Rowan Agrees With Dimon

Apollo Global Management told prospective investment-banking candidates that it won’t interview or extend offers to the class of 2027 this year, following a backlash from banks over young recruits accepting future-dated offers.

Apollo pulls back on recruiting juniors for 2027 associate jobs. See the full memo.

Marc Rowan is cofounder of Apollo Global Management.Kevork Djansezian/ReutersApollo halted 2027 associate class recruiting, disrupting private equity norms.Jamie Dimon has criticized the practice, and JPMorgan cracked down on it last week.Apollo CEO cites rushed decisions and turnover as reasons for the policy change.One of the most prominent private equity firms is pulling back on a controversial recruiting practice that has drawn criticism fro…

Apollo delays hiring junior bankers after pressure from Jamie Dimon

Private equity group’s boss Marc Rowan said he felt ‘compelled to agree’ with recent criticism

Apollo Delays Recruiting of Junior Staff After Bank Complaints

Apollo Global Management told prospective investment-banking candidates that it won’t interview or extend offers to the class of 2027 this year, following backlash among Wall Street firms over young recruits accepting future-dated offers.

Apollo pulls the plug on a recruiting practice that led to JPMorgan crackdown: See the memo

Marc Rowan is cofounder of Apollo Global Management. Kevork Djansezian/ReutersApollo halted 2027 associate class recruiting, disrupting private equity norms.Jamie Dimon has criticized the practice, and JPMorgan cracked down on it last week.Apollo CEO cites rushed decisions and turnover as reasons for the policy change. One of the most prominent private equity firms is pulling back on a controversial recruiting practice that has drawn criticism f…

General Atlantic, a $108 billion buyout shop, just pulled the plug on the private equity recruiting practice slammed by Jamie Dimon

The Charging Bull, or Wall Street Bull, is an icon of the stock market in Manhattan. Carlo Allegri/Reuters General Atlantic halts 2027 associate recruiting, a day after Apollo also pulled the plug. On-cycle recruiting has shifted earlier, leading to criticisms from across Wall Street. JPMorgan CEO…