Does nepotism still exist at BB banks?
Do people still get promoted, hired, or not fired based on nepotism, like having a dad who's an MD or is that a relic of the past at this point?
Do people still get promoted, hired, or not fired based on nepotism, like having a dad who's an MD or is that a relic of the past at this point?
| +126 | Do people still want to go PE? | 38 | 2h |
| +102 | UBS Tech layoff | 47 | 45s |
| +83 | UBS’s M&A BANKERS ARE DOING TERRIBLY. $200M EXTRA IS BEING CUT | 21 | 5s |
| +40 | How do YOU manage networking requests? | 9 | 1h |
| +37 | Lazard hirevue | 11 | 2d |
| +36 | What Differentiates the Best Analysts as AI Improves? | 9 | 2d |
| +32 | MBB Pay Raises | 17 | 55m |
| +31 | Quitting After First 4 months | 10 | 1d |
| +29 | Cornell Club T10 Rankings (UPDATED 10/2026) | 19 | 1h |
| +29 | Are target prospects getting dumber? | 11 | 22h |
Career Resources
At certain internal buy-side roles within JPM/GS/MS, yes. Fairly exclusive places to land and many of the people who get these roles know "someone" or networked with the right seniors. There is one specific group I'm thinking of that does this.
del
Merchant Banking. Although many internal IB employees do lateral into Merchant Banking. A lot of the external hires are likely through connection and at times, nepotism. Not nearly as lucrative as it once was in the 90s/00s but appears to be better hours/optionality to pursue different opportunities as an investor rather than an advisor at the senior level. The internal "PE group" at BBs legitimately competed for WSJ-headline worthy deals with megafund PE firms up until the mid 2000s or so.
https://www.wallstreetoasis.com/forums/what-happened-to-the-merchant-ba…;
how stupid do you have to be to ask this question
how frustrated do you have to be to answer like this
Impedit eos consequatur numquam doloremque. Quo sunt laudantium voluptas dignissimos odit quisquam cumque corporis. Sit velit explicabo voluptatum architecto ut. Nobis quis culpa numquam aut reiciendis.
Enim provident non occaecati ut ad. Vero quas at minus porro voluptas sunt. Est accusantium neque asperiores rerum nostrum eius facere.
Ipsam quisquam sint blanditiis natus. Expedita nisi quasi nam aspernatur magnam non. Ad possimus impedit rerum incidunt.
Consequatur tenetur laborum nihil commodi. Officia aliquam eius placeat fugiat modi possimus. Quam vitae illum voluptatibus ab. Eligendi nihil modi nesciunt amet dolorem inventore dolore. Voluptas quae minus deleniti sed quia. Tempora tenetur id aliquam laudantium libero aliquam.
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...