Houston Banks culture thread.

Based on the most helpful WSO content, here are some insights into the culture at various Houston banks:

1. Bank of America (BoA) Houston:

   • Work Culture: Mixed signals about the culture. Some describe it as "sweaty," indicating long hours and high pressure.
   • Deal Flow: The o&g (oil and gas) team has had a decent amount of deal flow recently, with a trend that seems sustainable or upwards.

2. JP Morgan Houston:

   • Work Culture: Described as toxic with horrific hours. The culture is broadly negative, with extreme levels of turnover. Both analysts and associates face significant challenges, and the environment is not respectful or dignified.

3. Goldman Sachs (GS) Houston:

   • Work Culture: Known to be "sweaty" with a strong focus on oilfield services (OFS). Seniors are often very demanding.

4. Morgan Stanley (MS) Houston:

   • Work Culture: Not much detailed information, but implied to be challenging.

5. Citi, Credit Suisse (CS), Barclays Houston:

   • Work Culture: Generally solid, though not necessarily at the top. These banks have made strides forward in terms of culture and deal flow.

6. Wells Fargo Houston:

   • Work Culture: Offers a significant number of slots for summer analysts, indicating a structured and possibly supportive environment.

7. RBC Houston:

   • Work Culture: Actively interviewing and extending offers, suggesting a dynamic and engaging environment.

8. Jefferies Houston:

   • Work Culture: Previously had a poor reputation but has improved. Known for filling their class early.

9. Evercore Houston:

   • Work Culture: Competitive, with recruiting starting back up in mid/late September.

10. Moelis Houston:

    • Work Culture: Competitive, with early superdays and offers extended to top candidates.

These insights should help you gauge the culture at various Houston banks as you consider your offers for this summer.

Sources: Houston 2018 Investment Banking Summer Analyst Recruiting, BofA Houston Work Culture/Deal Flow?, Houston 2018 Investment Banking Summer Analyst Recruiting, Alright, seriously now: Stop going to JP Morgan Houston, Houston BBs Culture and Dealflow