Matt Levine, Columnist

Find Your Place in the World of JPMorgan

Also financial role-playing games and Bitcoin lending.

March 21, 2019 at 3:58 PM UTC

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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Uh:

Do they … want … altruism? That paragraph is from a blog post by Matt Mitro, JPMorgan Chase & Co.’s head of campus recruiting, about how the bank is changing its application process for college students. I suppose if you take the test and get a zero in altruism they make you a derivatives trader, while if you get a somewhat higher score then you are a good team player who puts clients’ interests first and they make you an investment banker. But is there some level of altruism that is too high? At some point, does the software gently take you aside and say “look, we want you to find your place in the world of work, and that place is not at an investment bank”?