Ivy league singles dating new york university
This is mostly because New York has had an established reputation as the leading financial centre for the last 70 years, the fact that the US still is synonym with the "American dream" for most people, and also because working in the US tends to be so much more intense.
Investment banking in the US tends to be a 24/7 job, literally.
You will only know about the US financial system and regulations, and you will only know about the "American way", which will be extremely different from what is done internationally.
Working in London, the majority of your deals will be cross border or outside the UK, you may work on IPOs in Russia, deals in Middle East, mergers with Chinese companies, etc.
Other cost are also about the same, except from transportation which is more expensive in London (but you'll use taxis to go back and forth to the office anyway). New York Salaries and bonuses at the junior level are pretty much in line between the two cities and this will remain the case so as not to have a massive exodus to one of the two cities.
On an after-tax basis, tax rates are roughly the same, except for very high salaries, where NY has an advantage given the new tax system in the UK (50% tax above £150,000 earnings).
Also, with the numerous scandals and high-profile bankruptcies in the US (Enron, World Com, Lehman Brothers, Bear Stearns - all US firms), investors started to think that the US environment might not be the best, after all. New York Overall, investment banking jobs are easier to find (and to keep) for international students in London than compared to the US.
However, New York is a big block of concrete, extra cold in winter, extra hot in summer, and if you are a nature-lover or a family-type person you will be very disappointed and it can be very exhausting.The immigration process in the US is lengthy, complicated, and very expensive.Therefore, most investment banks in the US will not bother to look at CVs of international applicants: the United States is a very big country, and the talent pool in the US is sufficiently large for their needs.But London eventually caught back in the last decade as the influx of so many sophisticated French, Italian, Spanish, German, Chinese and Indian immigrants started to dramatically improve the quality of London's workforce.While after September 11 businesses suddenly had to struggle to get visas for employees to work in New York, or even to visit on business trip, visas for Britain have always remained easily available.
Also, the domestic market is very active: M&A volumes in the US are always larger that what you can see in Europe.