Trying to advise a friend looking to lateral up in HK / SG. They were previously at a local bank.
If you had the option of a Laz/Moelis/Evercore vs HSBC/Nomura/BNP, which would be better in this environment? Note Asia is very different and I have not seen those EBs on any deals ever.
| +190 | Just One More Year | 15 | 1h |
| +171 | Piper Sandler in talks to acquire PWP | 74 | 4d |
| +123 | UBS Appears to be Exploring Sale | 19 | 2d |
| +86 | Paradise Is Paradise | 7 | 6h |
| +77 | Drunk VP. How to manage? | 27 | 17h |
| +38 | How do I take my foot off the gas? (AN1) | 4 | 1d |
| +38 | Lazard US Views 2026/2027 | 13 | 21h |
| +32 | M&A is Paradise | 1 | 5d |
| +25 | Why did EVR succeed vs GHL or PWP that ended up getting acquired? | 7 | 2d |
| +23 | HR is starting to worry me, do I throw a hail mary during an upcoming chat with an MD? | 2 | 7h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Hi Associate 2 in IB - Cov, hope I can help. Do any of these links cover what you're looking for:
More suggestions...
I hope those threads give you a bit more insight.
Evercore is very strong in Asia relative to its size (SG regional HQ, very small satellite office in HK), and has advised quite a few significant regional deals recently (e.g. Grab's SPAC acquisition), but the office is largely carried by one rainmaker. Heard Moelis does fairly well in HK, not sure about SG. Both are fairly sweaty though. As for Lazard, not sure what they actually do in Asia. If it's Evercore / Moelis, would be worth considering and I think it there would be fairly good exposure and experience, though hours are very long.
As for HSBC / Nomura / BNP, all 3 aren't great in SG, but in HK HSBC does fairly well. Very strong DCM / levfin teams, though market is fairly weak now, and FIG / TMT / consumer teams are also competitive. Hours are very good, but pay has not caught up to street after recent increases.
Purely from a business perspective, probably Evercore > HSBC / Moelis > Nomura / BNP > Lazard. Open to hearing thoughts from others on this as well.
Qui nostrum enim vel officiis et aspernatur. Aliquam provident reiciendis quasi libero nesciunt laborum quis laboriosam. At laborum quibusdam non quae consequatur. Deleniti optio dolorem asperiores similique qui facilis.
Id incidunt dolore neque asperiores aut. Nesciunt commodi repellat aut dolorem illum et rerum. Incidunt in voluptatem alias commodi ut molestias non.
Quisquam eaque voluptatem hic placeat consectetur quidem. Assumenda ut voluptatem maxime officiis aut consectetur odit. Facere neque animi quidem sit. Rerum id optio cumque dolorem voluptatum.
Similique iste aperiam provident qui saepe. Incidunt reiciendis in culpa aliquam accusamus quam. Eum enim non quidem fuga hic aspernatur quia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...