2024 UK Analyst Experience Bank Ratings

ASO1 at a European MF/UMM here. LAZ/ROTH  have not exited that well at all in the past 5 years. The quality of their analysts are diminishing and quite frankly they are losing the appeal of being the legacy European EB pair. Obviously its hard to assume the rational of my funds recruiting but it seems like either evercore analysts are getting stronger or the headhunters respect the fact that their global name value is superior. The latter seems a bit counterintuitive but while evercore is  making it into the top 10 of UK league tables nowadays they are still not performing as well as their exits would imply. So it is likely the case that the us name brand of the firm is what's carrying their exits. As that specific us brand continues to get stronger and their European franchise keeps growing, the gap between laz/roth will widen and they will be more behind than they already are. At this point the difference is marginal enough that there's no point of silo-ing out the top 5 EB's, in the future this won't be the case and honestly might collapse into an imitation of the us eb evr/pjt or bust scene. I myself am ex-PJT, and everything said for evercore can be said for us, but obviously most of our guys are more interested in distressed stuff so our pe pipeline will take a bit longer to solidify.