DC Advisory Paris offices closing (search it up - I think only french articles for now). anyone on the inside knows more ? Is it a budget problem ? Not enough deals ? Couldn’t they wait 2025 uptick (if any) ?
| +365 | Evercore Intern Seizure | 54 | 12h |
| +70 | JPM M&A is Gone??? Purely Coverage Banking??? | 31 | 11h |
| +62 | Is DCM actually underrated ? | 24 | 22h |
| +51 | How do I understand vs. just memorizing? | 8 | 2h |
| +48 | Losing my personality in Banking | 9 | 22h |
| +47 | Are all Tech / TMT groups sweaty? | 38 | 23h |
| +42 | Associate & Above IB exits | 16 | 4d |
| +33 | Incoming IB Analyst: Best Ways to Prepare? | 11 | 2h |
| +27 | Which groups are ideal for laterals? | 12 | 22h |
| +24 | Thoughts on PEI Global Partners? | 4 | 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.
Haha you retard baguette Frenchmen, ig M&A is tough for everyone eh
Crazy
According to articles it came straight from Daiwa, the parent company, and was done to improve bottom line and over some disputes about fees
If fees were in the range of €200k/FTE (partners included) as suggested in the article, it really makes sense but bold move when all the big names have been opening in Paris in the last years and DC was one of the key players of MM here
Honestly a silly decision. DC's whole USP was international reach + localised knowledge (not that unique, but hey), now they're losing it
French clients are really mean on fees lol. Sure the boutiques are opening French offices, but it was more of a decision back in 2022/23 when the deal flow was good. Now the French market is more than dead. Have seen people with three M&A internships (boutique + MM + large-cap) from Top 5 GE ended up in big 4.
+1. I work at a French PE fund (in US office) and we are unbelievably stingy on literally everything (comp, vendor fees, travel budget, etc.)
Eurazeo stinker
who asked?
Does anybody work there and can share 2024 bonus data by different groups? A buddy is considering going there more at the senior associate / VP level but there’s nothing online about them lol. This is for London office
Wouldn't recommend, pretty slow deal flow (except infra)
France is the most overrated country of all time.
Smells, terrible comp, expensive, poorly run, the people are arrogant, everyone likes cheese, and they're not that smart.
Who cares? DC Advisory should focus on the US, UK, UAE, Singapore and Japan.
Europe outside of London is 3rd world. Fight me.
French M&A is getting rekt
- DC Advisory Cuts
- HSBC Cuts
- Rumours of UBS cuts
Culpa non ut blanditiis voluptatem id ea eius sit. Quisquam placeat qui doloribus excepturi eos qui. Ut aperiam enim temporibus.
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...