Harder Lateral: EB to BB or BB to EB

I have heard opposing views on this, but I am genuinely curious. Would it be easier to lateral from a BB IB to an EB or from an EB to a BB? I would think it depends bank by bank, being easier with the reputation of Goldman compared to "lower" BBs. Since most of the EBs are pretty comparable, I don't think the specific firm would matter that much (assuming no Rx or Centerview). 

Also, how would the feasibility/difficulty change at different levels ie.) analyst, associate, VP, and MD?

8 Comments
 

Well, I know someone who lateraled from Lazard to Goldman after at least being an analyst at Lazard, maybe even an associate. I also know someone who went to Evercore for their junior summer internship after interning at Goldman the summer before. So I really don't think it matters all that much which you start out in.

Array
 

from the last few full time analyst recruiting cycles, it definitely seems like there have been more spots available at boutiques than BBs. That could have just been that those firms were growing faster though. I don’t think it’s really a generalizable thing - it’s all going to be pretty group dependent for lateral hires. That probably applies for the higher levels too.

 

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