From BB to Jefferies
Currently at a BB and looking to lateral, I’ve been invited to a process at Jefferies and since I’ve seen a massive hiring spree in Jefferies from BBs I am wondering what is Jefferies offering analysts to lateral? I’m currently at a top group in my bank and don’t see a massive incentive to lateral unless it puts me 1 year ahead of promotion. So would like to know what they are offering to people, especially from people who have done this move.
I would only consider the top 3 BB in your position
US or UK?
UK
What team is it? Also are you an analyst or associate?
FIG analyst
bump
top 5 on street for fig in Europe .. no balance shit though so not lender to utilities companies or energy though
Jefferies, no balance sheet?
you heard what i said
Jefferies whole model is to burn and churn analysts. Wouldn’t do it as an An. Only lateral at Asso or above.
Lateral at a level where you soon get clawback. Great advice mate.....
Please don't give advice if you're not qualified to do so.
Title is outdated, but I know a team of 5 - 10 that went there from a BB in the US. The appeal for the MDs / seniors was the all-cash bonus. The BB we were at has had poor stock performance in recent years and having all cash comp was a big draw. Jefferies also has a partnership of some type with SMBC, which gives them a larger BS presence than you would think. On the flip side, the junior bankers that went have said the culture has been pretty rough.
Seems like if you are a going to be a career banker and are more senior it can be attractive, but otherwise you’re better off with the branding of a BB. Not meant to be a dig at Jefferies it is a great shop with great bankers, but the culture is tough and the branding at most BBs is still better.
Would not go there.
Especially if its for FIG as others have alluded to.
Accusamus in nam eum eos quibusdam omnis minus. Autem necessitatibus laudantium fuga ex. Aliquid unde quis esse maiores ut est cumque. Dolor minima inventore harum eaque debitis aut. Ab aspernatur beatae est neque rerum et numquam laboriosam.
Dolores voluptatum non itaque vitae et quia expedita. Harum veniam nihil temporibus necessitatibus quo. Unde quia omnis fugit ducimus placeat. Eveniet totam vero reiciendis est aut minus. Aut eos dignissimos cum eius sint assumenda.
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...