Seen Greenhill’s entire London TMT team has moved to Guggenheim. Seems as though Greenhill is left without any TMT staff at all levels.
does anyone have any insights? Asking having recently been interviewed and keen to understand what i’d be walking into… doesn’t look great.
| +128 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 59 | 1d | |
| +49 | Intern Ettiquette | 14 | 5h | |
| +46 | Ranking banks that went under | 34 | 4h | |
| +39 | Burnt Out M&A ASO | 22 | 1d | |
| +38 | Relevance of A-Levels for U.K. London recruiting | 27 | 24s | |
| +26 | What are hours like at BBs in London? | 48 | 10h | |
| +26 | 2024 new grads who didnt get return offers update | 12 | 10h | |
| +19 | 3.7 at semi target, how can I prep for recrutiing | 5 | 4d | |
| +19 | Lateral from BB M&A to MM A&D - Tips for Interviewing for A&D? | 7 | 5d | |
| +19 | PSA to gymcels: focus on the summer internship | 9 | 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.
How reliant were they on TMT deal flow?
.
Whoever MSed my comment - feel sorry for you mate.
Enjoy Grant Thornton
Only groups at Greenhill still top of street are NYC RX (All UMM / MF exits this class), Houston Energy (For Energy Buyside), and CHI office (Small class, but have Berkshire, GTCR, and MDP this class)
Anywhere else: Lateral imo
Found the Greenhill houston guy / alum.
they have been irrelevant in houston for at least 8 years. Guys that opened the office were good (Mize / Hoover) but it has struggled since - small analyst class anyway (used to be literally 1 a year)
From a deal flow and career banker perspective, it could be much much better. Purely exits wise, it has sent analysts to the best energy shops in the country lol
Idk about Greenhill Rx only going to MF lol. They only work on 100mm deals in the space.
Never said all MF lol. Linkedin exits show Oaktree, Centerbridge, and Searchlight and that’s just from 3 minutes of searching.
Are Greenhill still an EB?
This is why you shouldn't work at these shitty ass (L)MM banks. Oh oh but the lean deal teams! Kiss my purposefully unwashed ass.
The prestige whores went to these banks because some loser American said so, now they're paying the price. Should've just taken that BB job!
if you work at a non-American BB you don't get to shit on EBs. Someone at JPM gets to defend BBs vs EBs; someone at Deutsche doesn't.
No 100% in London would rather be at DB than Greenhill. Definitely also Barclays and even CS historically. Greenhill I have never even seen on a deal let alone let anyone on the buyside from there.
Our firm does not really compete with them for deals, so I have not noticed any shift in the market, but it did shock me when I looked at their performance the last decade, given they are public. They are down ~10% in revenue and 80%+ share price since 2013.
If things continue downwards and they shut down, you would be much less affected as a junior, but definitely something to keep in mind, so good for you for thinking about it.
Following
Et dolores mollitia maiores quaerat. Aut optio inventore ducimus dicta qui in ut. Aut laudantium neque minus eligendi. Facere est dolor excepturi voluptatem quia.
Perspiciatis voluptatem enim id nostrum aut beatae magnam. Ea et corrupti illo voluptatum voluptatem molestias. Vel consectetur minima id ut. Voluptates voluptatem et dolorum minima porro modi veritatis nulla. Non iure dolorum ut ut. Ullam ipsa voluptates dolorum cumque at.
Quo rem rerum perferendis hic qui non. Ipsa blanditiis possimus eius expedita est. Maiores optio ab quam veniam ut rem ut ea. Sunt quis debitis est repudiandae quo sit. Ipsum beatae sapiente optio tempora quo id.
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...