This LMM that many of you have never heard of pays the most minuscule bonuses known to man and cultivates an extremely liberal and french culture that is beyond toxic.
| +171 | Why UBS Is the Worst Place to Start Your IB Career | 32 | 3m |
| +159 | ONLY THESE BANKS OR YOU STRUCK OUT | 39 | 7h |
| +115 | IB Energy Drink Tier List / Ranking | 74 | 6h |
| +65 | Firm Thinks I'm Lying About Offer | 20 | 6h |
| +54 | Indiana University Fraternity Pipelines | 34 | 5h |
| +42 | Rogo AI | 18 | 1h |
| +39 | Stay at Weak Dealflow Team or Lateral? | 12 | 1d |
| +37 | Elite Boutique interview questions | 8 | 1d |
| +33 | Suspended for a Year | 12 | 4h |
| +22 | 1st Half 2026 (1H26) RX IB & RX Co. Rankings | 14 | 2d |
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.
Based on previous WSO threads, here are some insights on toxic cultures in certain banks:
French Banks: Specifically, Societe Generale has been mentioned for its hierarchical and exclusionary culture, especially towards non-French employees. The work environment includes yelling and berating, with demanding hours that can exceed those of typical US banks.
LMM PE Firms: Some lower middle market private equity firms have been noted for worse work-life balance and lower pay compared to bulge bracket banks. The work can be less intellectually stimulating and more focused on nitty-gritty management tasks.
General Toxic Cultures: There are mentions of banks where management touts "culture" as a selling point without maintaining it, leading to poor work-life balance and dissatisfaction among employees.
If you have specific questions or need more details, feel free to ask!
Sources: Warning re: LMM PE, Investment Banking in Paris, Bad team culture: A vent, Most toxic banks and groups (2023 update)?, Banks with best cultures
What do you mean by liberal culture? Like poltics?
Soft, whiny and easily offended is prob what he means
ok - i don't take career advise from trumpers
please somebody find that guy who was blasting the forum with Natixis is Paradise a few months back
James, he changed his username. Had multiple alt accounts.
This Jeff Harvard guy (OP) was one of the accounts praising Natixis along with him.
if this is true, it would be the greatest character development in all of WSO history
Consequatur quas tempore consequatur est. Ullam voluptate et ut eos accusantium ipsum dolores. Enim voluptatem reprehenderit aut ea accusantium dolor.
Hic ea enim explicabo nulla fugiat aliquid et. Blanditiis odio ex velit blanditiis quia officiis aut. Et ea impedit sed dolores molestias. Sunt explicabo sit voluptatum aut. Maxime qui soluta commodi et molestiae sit.
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...