Bankers Wanted: Why Wall Street’s Job Market Is Red Hot

WSJ What’s News

The Wall Street Journal

News, Daily News

4 • 4K Ratings

🗓️ 24 September 2025

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for Sept. 24. Hiring may be slowing for many industries, but the biggest banks on Wall Street have been adding headcount. We hear from WSJ reporter AnnaMaria Andriotis about what’s behind the hot job market, and whether it’s sustainable. Plus, a rule change at the Internal Revenue Service could have a big impact on a tax break for high-earning workers 50 and over. WSJ personal finance reporter Ashlea Ebeling breaks down what the rule means. And a shooting at an immigration facility in Dallas has left one detainee dead and two injured. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by American National Insurance. Explore annuities at
0:03.8	Americannational.com slash annuities.
0:09.4	A shooting at an immigration facility in Dallas leaves one detainee dead and two injured.
0:15.7	Plus, as dealmaking picks up on Wall Street, big banks are on the hunt for talent.
0:20.5	This is about banks seeking to take more market share from each Street, big banks are on the hunt for talent.
0:25.0	This is about banks seeking to take more market share from each other, and we are talking about pretty much the biggest banks in the investment banking space.
0:29.2	And why high earners 50 and over are about to lose a major tax break for their 401ks.
0:35.5	It's Wednesday, September 24th. I'm Alex O'Sullough for the Wall Street
0:39.6	Journal. This is the PM edition of What's News, the top headlines and business stories that
0:45.1	move the world today. We begin this evening with the latest on the shooting at a Texas immigration facility.
0:57.1	The Homeland Security Department said that one detainee was killed and two more were critically
1:01.3	injured when a shooter opened fire at an Immigration and Customs Enforcement Field Office in Dallas.
1:07.6	The Dallas Police Department said a preliminary investigation determined that a suspect shot at the office from an adjacent building.
1:14.3	Homeland Security Secretary Christy Noam said in a post on X that the suspected shooter was dead from a self-inflicted gunshot wound.
1:22.0	No other information about the suspected shooter was provided.
1:25.8	Joseph Rothrock, special agent in charge of the Federal Bureau of Investigation's Dallas Field
1:30.5	Office, said early evidence showed rounds found near the suspected shooter, quote, contained
1:35.4	messages that are anti-ice in nature.
1:38.3	We'll have more on this developing story on WSJ.com.
1:41.7	We'll leave a link in the show notes.
1:54.6	The U.S. is set to lower European car tariffs to 15%. That's according to a government filing today, and it follows through on a pledge that stems from the broader U.S. EU trade deal
1:59.8	announced in July. U.S. EU trade deal announced in July.
	...

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