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nah, it's impossible
I’ve seen people move from DB/Noruma/BNP/BMO type banks IB to GS, MS, JPM, Gugg, IB roles etc so it can be done.
Damn is DB really down that hard?
I only included DB because it’s European lol
Solid input from the incoming Guggenheim analyst.
I wish. I’m at one of the other low ranking banks. Would love to lateral to gugg
It is for sure possible if you are in IB at the tier-3 bank. I have seen that happen on two occasions, both leaving Nordic banks (which are arguably tier 4-5); one for GS London IB and one for JPM London IB. Both at A3 - Aso1 level.
I moved from a tier 3 IB coverage group to a lower/middle tier BB in NYC a few months ago. Definitely possible if you leverage your network and can speak about your experience to date.
Can you give a couple examples of what you consider tier 3? Don’t have to dox yourself but I don’t really know what that means
SMBC/TD/Nomura/BNP/Credit Agricole
Is it easier going to a Tier III bank to a Tier II vs a Tier I? No, it's harder. Everyone knows Tier II banks are the most selective.
These are the type of comments I come here for
I lateraled from PWM at a BB to a boutique (I hate the "EB")
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