Citi / BofA / UBS / LAZ ?
Currently tossing these up for FT - would want to internally move to the NY office after the first couple of years. Any advice on this is much appreciated!
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Lazard and Citi
BofA
UBS
That’s the tier order in almost all situations
Bro BofA clearly over Citi and, for US, also clearly over Laz and, for Europe, on par with Laz. Absolutely no doubt in this.
Congrats on BofA. No one is taking BofA over Lazard with a sane mind. Even PWP wins over BofA lmao.
Congrats on Citi!
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Be thoughtful when choosing your references!
Their role in your hiring process is to convey to your potential future employer why you’re the best candidate.
Those reference checks could be the ultimate deciding factor.
So make them count.
US: BofA > Laz/Citi >> UBS
Europe: Bofa/Laz > Citi >> UBS
Would add that UBS should not even be in the discussion it’s next level down bad.
Can make the case for BofA/Citi/Laz based on group and whether you want the boutique experience
You're getting MS for this which is INSANE. UBS legitimately should not be in the discussion.
Comments are full of BofA/Citi interns lmfao. Lazard is on a completely different level than all of these and is the very obvious choice.
Top groups at BofA/Citi are on par with any LAZ group. Agreed that there can be placement risk at BofA/Citi but if you go for eg their M&A team, you will have the same or even better exits than most LAZ groups. Pay wise LAZ might have a slight edge although it's commonly known as the worst paying EB
No they aren't.
I agree except for anything levfin or credit related. BofA is the best option there by quite a bit, they have a pretty elite LevFin franchise. Citi and UBS both also have good LevFin franchises, would choose any of those 3 over Lazard if credit work is the goal
what location is this ? assuming not ny but you didnt tell us what offices
For nyc?? Obviously Lazard…
Lazard - Citi/BoFA - UBS. Choose between Citi and BoFA based on the quality of calls and/or what group you think you can end up in, not a huge difference between the two. I would pick Lazard over the others, IMO stronger junior experience at the boutiques since leaner deal teams and more direct M&A work. Career's a marathon and not a sprint, and think Lazard is the best for the junior experience aspect in respect to responsibility and getting transcational experience.
Only exception I would say is that if you want to do solely credit work/PC work (in that case BoFa> Citi/UBS though all 3 have good LevFin franchises), then you would take one of the other 3, but I don't think that's a popular career path out of people who are on WSO as recruiting sophomores.
Lazard and it's not even close lol wtf are these comments.
For an analyst… Lazard > Citi / BofA > UBS.
Under no circumstances choose UBS
Lazard >> BofA, Citi >>> UBS
For exits, Lazard is miles ahead. For comp Laz pays the lowest out of the EBs, so Citi and BofA catch up. If you’re trying to do A2A, Citi and BofA are better. But if you’re trying to exit MFPE or get SM HF looks, Lazard wins. Within finance, prestige-wise too Lazard wins. BofA and Citi do have very good west coast groups that compete with Lazard, but overall Lazard sweeps, especially in NY.
UBS is a sinking ship. Compared to the rest of the 3 this isn’t a question.
Not really sure how this compares outside the US.
curious to know, how are you getting FT offers this late into the year? FT runs this late?
Deleted
LAZ > Citi > BofA > UBS
Obv
If you’re solely after prestige/average exit, Lazard is a better choice than the non-GS/MS/JPM BBs. The BofA M&A group in particular might have the same level of exits/prestige but everyone is going to put that as their top choice so I wouldn’t risk that unless you have it in writing you’re going to be in that group for sure.
For prestige and exits LAZ>MS/JPM if we’re talking prestige within finance circles. Sizable difference between GS and those 2 imo
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