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TOP STORIESGoldman v Citi: where would you rather work?15 July 2009COMMENTSIf you're a front-line investment banker, GS is still the top bank to be in. Read all comments »Goldman Sachs is starting to shower staff with more money, while Citi is supposedly Asia’s best bank. But which firm would you rather work for? Can struggling Citi really cut it against the might of Goldman? Despite its well-documented woes in the US, Citi has been given the “Best Bank in Asia” title by financial magazine Euromoney. It got the award due to its strong franchise value and leadership in the corporate and investment banking sectors. Anyone care to disagree? Meanwhile, the average Goldman Sachs employee is within striking distance of taking home close to US$1m in compensation and benefits this year. Releasing its corporate earnings results recently, the firm said money allocated for pay surged 75 per cent in the second quarter. Which bank is the best place to grow your career and earn the big bucks? Are you less secure at credit-crunched Citi? Has the financial crisis only served to cement Goldman Sachs as the elite employer-of-choice for every banker? Let us know below.
COMMENTSfeet, HR & Recruitment, Wed 15 Jul 09Citi has probably made most of its cutbacks and it starting to get back on its feet. Don't forget the GS cut about 15% of its headcount...but it's results are undoubtedly impressive. If you're a front-line investment banker, GS is still the top bank to be in...with JP Morgan a close second. Add your comment »GS, Hedge Funds, Wed 15 Jul 09Anyone know whether the increases in GS pay actually applies to asia? or is it only US??? Add your comment »frankly, Information Technology, Wed 15 Jul 09Citi could complete for talent with Goldman...it's still the same today, or perhaps GS is even more dominant. Add your comment »danny, Research, Wed 15 Jul 09depends on which job is better, pay is higher, teammates are better... u cannot compare Citi IBD vs. GS Ops, right? Add your comment »xyx, Industry & Commerce, Thu 16 Jul 09Citi is worst place to work if you are in IT Add your comment »joe, Risk Management, Thu 16 Jul 09if you like very long hours to 1am, political battles, etc. then citi is the place to be! Add your comment »No contest, HR & Recruitment, Thu 16 Jul 09I've worked at one of them, while my best mate worked for the other. And we both agree that we'd both rather work at GS. Add your comment »ExGSExCiti, Capital Markets, Thu 16 Jul 09I'd work for neither. GS has no ethics. Citi is jus too political, and cat fighting. Plus Citi is nothing but a slowly dying soldier. Add your comment »Ken, Information Technology, Thu 16 Jul 09I had worked at both before. Definitely GS - no doubt! Add your comment »christianjia, Fri 17 Jul 09With regards to Asia equity research, Citi's no match against GS...
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