Saw a similar post for industrials recently. Wondering what the landscape will look like for consumer retail bankers for the rest of the year going into next year. Obviously M&A has somewhat come to a halt and there is a lot of uncertainty and restructuring work on the retail side, but what kind of work are CRG bankers seeing most of today and what is the outlook for the rest of the year?
| +190 | UBS preparing for a October Layoff Massacre | 165 | 11m |
| +67 | Work and Suicide | 30 | 1m |
| +49 | Is 7 years in banking enough to retire, or am I delusional? | 30 | 1h |
| +46 | Do actual investment bankers despise IB TikTokers as much as I think they do? | 28 | 12h |
| +38 | A Message to Students Who Think this Job Will Fix Their Life | 8 | 18m |
| +34 | MM IB --> NYC IB? | 17 | 1d |
| +27 | Should I escape the matrix | 5 | 19h |
| +26 | UBS IB Balance Sheet Set to take a Hit | 7 | 3m |
| +24 | Negotiating VP Sign-On Bonus (NOT Tied to Deferred Comp)? | 22 | 1d |
| +23 | LevFin, First Interview (Ever) Help! | 5 | 1d |
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.
I'm in a consumer & retail group and honestly don't feel like M&A has ground to a halt at all. It's slowed down, sure, but we've closed two strategic acquisitions and an LBO since COVID began, with more in the pipeline. There is also a fair amount of restructuring going on with retailers that we're working on.
Anecdotally from meetings over the past couple months, a lot of our clients that are on solid financial footing (many on the consumer side) are looking at this opportunistically, as a chance to capitalize on the troubles that some others are facing and acquire them. We're also seeing a lot of consolidation in retail, new trends, etc. It's definitely an interesting time to be in the sector.
following
Maiores voluptates quisquam quo harum sed dolor possimus. Qui qui voluptatem consequatur nulla placeat. Velit aut necessitatibus voluptatem aut. Ut architecto non omnis maxime voluptas dolores corrupti.
Quam est commodi et fugit. Cumque quam sed modi et labore.
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...