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HL several places above Rothschild in the UK!? Wow, I don't know nearly as much about banking in the UK as I thought I did.

Honestly not being sarcastic here, do you mind giving your rationale here? I was under the impression that Rothschild was comparatively much stronger outside of the US and HL a bit weaker.

(If you're giving greater weight to something like fit, that's totally fine too of course!)

“Millionaires don't use astrology, billionaires do”
 
Nouveau RichieHL several places above Rothschild in the UK!? Wow, I don't know nearly as much about banking in the UK as I thought I did.

Honestly not being sarcastic here, do you mind giving your rationale here? I was under the impression that Rothschild was comparatively much stronger outside of the US and HL a bit weaker.

(If you're giving greater weight to something like fit, that's totally fine too of course!)

Yeah, the ranking of my choice is mainly based on fit and how I felt after speaking with guys from the firm. That's why I posted to see if I can get some comments from a more unbiased point of view.

I put HL on top of Rothschild because I would like to move to the US sometime in my career or for FT and I heard Rothschild is not as strong in the US (correct me if I am wrong).

 
Achiever in college from freshman year: Rainmaker. Hustler in college from junior year: More than you initially hoped for. Dreamer in college from senior year: Top closer for 4 man boutique in Idaho in toilet lid M&A Everyone else: Dunkin Donuts.
 
LDNBNKREvercore has not given out offers for interns yet. Same for another firm on this list.... ignore

I networked quite a bit. And I was able to expedite the application processes for some firms when I received offers from other firms.

 

I work in PE at the moment, but I just did 2 years as analyst in London at a lower tier BB, and in my opinion:

1) Rothschild: They seem to be on EVERY deal apart from the £10bn+ deals (and they get a few of those too!). They have a seat at every table, and it would be impossible doing a few years there without getting fantastic M&A/Restructuring experience. That said, the London office is very British, the Paris office very French, etc, and you would need to fit the cultural mold in order to get a fair shake. As an American, although I'm certain nobody would ever say anything directly to you, you will feel that 2) Moelis: Not much known about these guys, but a less intense version of the above and run by some very good MDs, and pull from impeccable reputations in the US and Asia 3) Houlihan: An expanding team that seems to be on a lot of mid-market sponsor exits and general mid-market M&A assignments. Have taken a lot of MDs from other banks, pay very well, but known to work analysts extremely hard 4) Evercore: Obviously a fantastic bank, but there are still traces of Lexicon Partners (a London boutique they acquired a few years ago), which certainly doesn't stack up in quality to Evercore in the US 5) CS/Nomura: With the options above, these shouldn't even be on the radar, unless you have an angle at a particularly strong group at each of these, and I don't know which groups these would be

Your angle for moving back to the US really complicates things. That makes Moelis and Evercore more attractive than Rothschild for that reason and that reason only. But I can't stress how much more work Rothschild is involved with in London, and how they, probably even more so than Lazard, are considered the pre-eminent pure European M&A advisory firm.

Congrats on all of your successful interviews and offers

 

I don't know why this is a question of rank.. if you think Evercore is your best option (and I would happen to agree), then you should accept the shit out of that offer. It also has the added benefit of being a relatively small firm, which means your ability to transfer internally to the states may be better than at the other ones.

"There are three ways to make a living in this business: be first, be smarter, or cheat."
 

On Rothschild, the English and French branches merged a few years back. As this is in the UK, the London IB office is mostly the legacy of the "English" branch. I'll second what czhero said, the volume of deals at Rothschild is tremendous.

Nomura should be dead last on your list. They're a couple quarters short of packing it up and going back to Japan and they're conversion rate las Summer in London for IB was somewhere between 0 and 5%.

 

Rothschild in the UK. But seeing as you want to eventually move back to the US, a BB like CS has a more robust internal transfer program given that it is a big bank with positions opening up in groups across US markets.

 

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