First-year analysts at Goldman Sachs complain of ‘inhuman’ 100-hour work weeks

First-year analysts at Goldman Sachs complain they work ‘inhuman’ 100-hour weeks with regular 20-hour shifts, according to leaked presentation A group of first-year analysts at Goldman Sachs compiled a Powerpoint presentation about their experiences in the workplace   The group complained of grueling hours and unrealistic deadlines The young analysts have now proposed a maximum work … Read more

Hermes smashes analysts’ forecasts due to Asia and online

Hermes smashes analysts’ forecasts thanks to a sharp recovery in Asia and booming online sales By Daily Mail City & Finance Reporter Published: 21:58 GMT, 19 February 2021 | Updated: 21:58 GMT, 19 February 2021 In vogue: The French handbag and silk scarf maker said sales rose 16 per cent between October and December Hermes smashed … Read more

‘Delusional’ unions could destroy BA, analysts warn

City analysts say union leaders ‘delusional’ if they believe British Airways does not need to make deep cuts to survive By Harriet Dennys, Financial Mail On Sunday Published: 21:51 BST, 27 June 2020 | Updated: 21:51 BST, 27 June 2020 Union leaders are ‘delusional’ if they believe British Airways does not need to make deep … Read more

ALEX BRUMMER: Analysts in overdrive on pharma merger talk

ALEX BRUMMER: Pharmaceutical analysts in overdrive at prospect of mega-merger between Astrazeneca and Gilead By Alex Brummer for the Daily Mail Published: 22:00 BST, 8 June 2020 | Updated: 22:00 BST, 8 June 2020 Nothing gets the blood running in the investment community like the prospect of a mega-merger. So the possibility of Astrazeneca and … Read more

Disney’s theme parks are unlikely to open their gates again until 2021, according to analysts

Disney’s theme parks are unlikely to open their gates again until 2021, according to analysts Disney’s largest and best-known parks may have to wait for coronavirus vaccine  Social distancing, travel restrictions and recession make parks ‘less profitable’ Disney announced April it ceased paying 100,000 staff to save $500m a month  To make guests feel safer, Disney … Read more

World now in a ‘deep recession’, say Goldman Sachs analysts

World now in a ‘deep recession’ with global economy set to shrink by 1% this year, say Goldman Sachs analysts By Lucy White For The Daily Mail Published: 21:50 GMT, 23 March 2020 | Updated: 21:50 GMT, 23 March 2020 Coronavirus has already pushed the world economy into a ‘deep recession’, according to Goldman Sachs.  … Read more