Wall Street banks and private equity’s tussle over junior talent

<p>The competition for junior talent between private equity and Wall Street banks reached a new peak this summer. That’s thanks to a controversial recruiting practice that is causing both industries to find talent earlier and earlier.</p><br><p>Now, powerful figures such as JP Morgan Chase CEO Jamie Dimon are publicly decrying the strategy. The FT’s Wall Street editor Sujeet Indap and banking editor Ortenca Aliaj explain the origins of this friction and what it says about the future of Wall Street and private equity’s top firms.&nbsp;&nbsp;</p><br><p>Clip from the Psaros Center for Financial Markets and Policy&nbsp;&nbsp;</p><br><p>- - - - - - - - - - - - - - - - - - - - - - - - - -&nbsp;</p><br><p><strong>For further reading:</strong></p><br><p><a href="https://www.ft.com/content/a3ed7111-ae82-433f-9c51-7a5d116b5d37" rel="noopener noreferrer" target="_blank">Wall Street vs private equity: can anyone stop the grad recruitment creep?</a></p><p><a href="https://www.ft.com/content/49773ff...