What IBs are not laying off/freezing hires currently?

Several investment banks are currently either laying off people and/or freezing hires. From this point of view, what firm should I aim for when looking for an analyst position in corpfin?

 

Sounds logical, thank you for the advice. I feel like cuts in US banks have been pretty specific and more rare indeed yes (I only heard from MS laying off in its FX section).

 

Thank you for the advice. From what I got, I feel like boutiques are usually looking for more specific/experienced profiles compared to IBs - at least for analyst positions. What is your mind on this?

 

MonkeyF, can you elaborate on your comment "specific/experienced profiles"? Do you mean experience in particular sectors? Would be great to know any anecdotes on the point. Thanks!

 

Messagevik, my answer is going to be biased, as I am more familiar with the French industry, and the US one might be different. But from a French point of view, boutiques are usually looking for experienced profiles and recruit out of bulge-bracket IBs or other Corporate M&A sections. A simple example is that you can get an internship in an IB without previous experience, while it is way harder to get inside boutiques without experience in the field (still talking about internships). Boutiques also have needs in junior analysts though, but they target experienced profiles more than IBs to my mind. I have less information about senior positions, but I am assuming that, as in IB, network and experience are one's best tools.

 

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