Seen on efinancialcareers that CS will be clawing back cash bonuses if people opt into them, along with the (probably true) claim that CS bonuses will definitely be bad this year due to “2021 events”. Clawbacks may not affect juniors though.
| +199 | Why UBS Is the Worst Place to Start Your IB Career | 34 | 2h |
| +160 | ONLY THESE BANKS OR YOU STRUCK OUT | 41 | 9m |
| +65 | Firm Thinks I'm Lying About Offer | 20 | 22h |
| +59 | Indiana University Fraternity Pipelines | 35 | 15h |
| +47 | Rogo AI | 20 | 10h |
| +42 | Suspended for a Year | 19 | 7h |
| +41 | Elite Boutique interview questions | 10 | 11h |
| +39 | Stay at Weak Dealflow Team or Lateral? | 12 | 1d |
| +23 | 1st Half 2026 (1H26) RX IB & RX Co. Rankings | 16 | 9h |
| +23 | UBS 2nd Year Analyst Q&A (2026) | 12 | 38m |
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.
The topic is interesting enough , I hope it will evolve.
Doubt bonuses will be bad due to the even bigger exodus they’ll go through if employees don’t get paid what they deserve
Love the optimism, but look at DB. They didn't have nearly as hard of a fall as CS and they still haven't recovered.
Honestly man, would recruit somewhere else full time
There are several Bloomberg articles on this, and those clawbacks will only effect Directors and above. AN, ASO and VPs should be not affected. At my alma matter (target for CS) this years Summer ASO class is a little bit of a bloodbath as a lot of MBAs are passing on CS to go to other BB banks. So, I would hope that CS doesn't screw themselves even more with Citi type of Bonuses...
Stern kid?
Nope, went to Wharton. Last year 11 folks signed up to Summer with CS (according to the careerpath portal). As of now, the number stands at 3 (might go up a little tho, as the final deadlines to accept are in Feb)
Oh wow. At CBS we are seeing the same. Many ppl indeed passed on the offer and turned to other banks/EB instead. Think the few offers being accepted are from FSG or Tech. The weaker coverage groups are being passed.
For those who received the offers however, they would still take CS over DB/UBS and maybe other lower tier middle market/EB.
This is what I saw my class is deciding the offer (not league table but just CBS MBA deciding the tiers).
Tier 1: Centerview (arguably haven’t seen anyone turned down the offer); Evercore (some int’l students would turn down Evercore for GS due to reputation in home country); GS (also group dependent but have seen ppl passed on the cross market group for lower tier EB/BB).
Tier 2: PJT, MS, JPM
Tier 3: Moelis, Lazard, PWP, BofA, Citi, Barclays, CS
Tier 4: Guggenheim, Houlihan, Greenhill, Rothschild, Jefferies, RBC, WF
Tier 5: William Blair, Baird, Lincoln, Harris, DB, UBS
Tier 6: FT Partners, Cain Brothers, Miller Buckfire, Stifel, TAP
Think tier 5/6 are very subjective as they are speciality shops or focus on middle market.
And again, this is purely a perception thing that I learned from talking to other MBA students - dealflow / culture / exits all blended.
Totam suscipit rem quia rerum quis voluptates voluptatem. Qui ipsa odio ad excepturi cum id. Et consequatur laboriosam repellendus distinctio autem reprehenderit. Ut consequatur quas dolores hic in. Dolores ullam maxime cupiditate amet omnis repellat. Tempore exercitationem hic est in quos at voluptas dicta. Ipsam veritatis atque est molestias assumenda quod voluptas.
Vel omnis rerum eligendi qui reprehenderit aliquam nihil. Ea asperiores repellat ut voluptatem sit et adipisci magnam. Ex quos neque blanditiis cumque rem. Optio tempora beatae excepturi magni nesciunt.
Facilis culpa est officia voluptas sed et. Sit aut sequi molestias totam sed hic praesentium. Quae nulla dignissimos ducimus aperiam sed. Architecto fugiat maxime quidem soluta placeat amet porro. Consequuntur eveniet cupiditate sunt dolores veniam voluptatem. Ea voluptates possimus fugiat debitis.
Dolor assumenda officia eaque sit facilis ea est. Ad facilis rem perspiciatis fugiat. Quia aut mollitia dolorum quasi vel. Omnis est quis et est. Similique odio molestiae quas voluptatem. Voluptate placeat nulla nam ut vero. Expedita molestias enim pariatur illo ullam.
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...