Jefferies 2020 SA Return Offer Rate
I heard they were 50%??? surprising given record Q2 and most banks giving higher return offers? JEF a no go?
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Besides Citi, Moelis and that mm that did auto offers. Plus Baml and I believe Lazard or evercore which other banks have confirmed higher return offer rates?
"that MM" lmfao rip
Any idea what return offers were like for their Houston office (Energy group)? I imagine they get worked the hardest.
Probably not much higher than firm target of 50%.
Jefferies cut FT headcount because energy dealflow will be down tremendously in 2020 and most likely 2021 due to industry issues.
Mostly RX coming up in that sector.
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How is their return rate for S&T? About 50% as well?
Heard they gave offers into specific groups this year instead of giving them generalist offers. Probably why it was a lower rate.
I have heard this as well, but I don't understand. I get that if everyone had the same groups for the top choices then they wouldn't get it, but don't the less popular groups still need the same amount of people if the reason was just the group placement? Wouldn't the weaker SAs just filter downwards into their lower preferences?
The record Q2 got reflected in our bonuses though... feel bad for the interns
What were the bonuses like across top middle bottom bucket?
$55 top $50 everyone else including bottom
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