Wall Street's Arbitration Problem

Thought it was interesting that alot of the big players on Wall Street like Goldman still force arbitration on harassment, race & age discrimination cases, etc, while shutting down any attempts at class action lawsuits. Some other banks likeWells Fargo have doneaway with forced arbitration for harassment cases. Seems like something that should be a bigger deal but I don't hear it being talked about.

Wall Street wins big on arbitration, and consumers are mad

https://www.cbsnews.com/news/wall-street-wins-big-on-arbitration-and-consumers-are-mad/

To SueGoldman Sachs, You Have to Be Willing to Hang On-For a Long, Long Time

https://www.bloomberg.com/news/features/2018-05-03/wall-street-s-biggest-gender-lawsuit-is-13-years-in-the-making

This Is What Happens When You Try to Sue Your Boss

https://www.bloomberg.com/features/2019-arbitration-hell/

Comments (1)

1y
financeabc, what's your opinion? Comment below:

Et dolor tempore voluptate dicta. Ut fugiat incidunt officiis et pariatur est incidunt et.

Autem maxime aut id rem dignissimos alias consequatur. Voluptas dolore maiores dolore vitae deserunt blanditiis. Eos modi ea ut.

Deserunt并选萃dolorem, ratione velit. Odio aut sed rerum rerum facere ratione. Vel cumque nisi laborum dolore molestiae nostrum dignissimos. Accusamus est tempora omnis culpa. Incidunt autem sed qui ut dolores. Minus dolorem qui et et nemo.

Start Discussion

Career Advancement Opportunities

February 2023万博app网页版

  • Lazard Freres(+ +) 99.5%
  • Jefferies & Company(▽01) 99.1%
  • Lincoln International(▽01) 98.6%
  • Financial Technology Partners(▽01) 98.1%
  • William Blair(▲08) 97.7%

Overall Employee Satisfaction

February 2023万博app网页版

  • Canaccord Genuity(▲04) 99.5%
  • William Blair(▲04) 99.1%
  • Lincoln International(▲10) 98.6%
  • Stephens Inc(▲11) 98.1%
  • Jefferies & Company(▲06) 97.6%

Professional Growth Opportunities

February 2023万博app网页版

  • Lazard Freres(▲15) 99.5%
  • Financial Technology Partners(▲09) 99.1%
  • Lincoln International(= =) 98.6%
  • Jefferies & Company(▽03) 98.1%
  • William Blair(▲01) 97.7%

Total Avg Compensation

February 2023万博app网页版

  • Director/MD (6) $592
  • Vice President (25) $422
  • Associates (138) $262
  • 3rd+ Year Analyst (9) $194
  • 2nd Year Analyst (81) $171
  • 1st Year Analyst (260) $171
  • Intern/Summer Associate (42) $166
  • Intern/Summer Analyst (186) $91

LeaderboardSee all

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
pudding's picture
pudding
99.0
6
GameTheory's picture
GameTheory
98.9
7
Jamoldo's picture
Jamoldo
98.9
8
dosk17's picture
dosk17
98.9
9
Secyh62's picture
Secyh62
98.9
10
CompBanker's picture
CompBanker
98.9