Has Brexit caused significant move to the continent? Will it?

I was curious as to if London would truly cease to be the financial capital of EMEA or not. Have the big banks made significant moves of their staff to European office like FFM and Paris, or not as much? Since Brexit is only like 2 years old (properly leaving), is there more pain to come? Will there be further relocations of staff abroad - and if so, who is it that would be moved?

 

Wouldn’t call it a big move, but you do see firms that slowly but surely are hiring more across the continent. For example summer analyst positions in S&T at BAML and JPM are almost 50% / 50% split between London and Paris. Lots of IB and Cap Mkts internships in Paris as well which follow the EMEA recruiting process (you don’t need to speak French to get one). None of this existed before Brexit

 

Quibusdam maiores repellendus unde perspiciatis eum. Adipisci voluptatum exercitationem et sequi ut quam ad. Ipsum aut voluptate suscipit ipsam quasi beatae. Atque omnis voluptatum rerum quasi magni qui.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”