When Captain Marshall Carter returned home after two tours in Vietnam, over 80 companies rejected him before he settled for a job on Wall Street.
Nearly forty years later, the Deputy Chairman of the New York Stock Exchange Euronext confesses, “I was never interested in finance. Chase Manhattan was the only company that offered me a job. I had a wife and two kids and needed to put food on the table.” Mr. Carter recalls that Wall Street was a place where “few veterans worked” and even fewer identified themselves as such.
Now he’s helping to change that.
Although there are no shortages of veteran hiring initiatives on Wall Street, very few banks have hiring programs specifically for combat veterans. Despite all the hype, vets still have to apply online like everyone else and compete against other civilian job seekers, who typically have more relevant industry experience than they do.
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