Let's say you are a top performer. Want to stay sellside and like the idea of being a coverage banker. How hard would this be to pull off?
Have you seen this happen?
Also, how much more chill are coverage hours compared to M&A?(I know it varies, but aren't they usually lighter?)
| +2,088 | Bank of America - Juniors Strike to start Monday May 6th | 226 | 10m | |
| +663 | BOFA ALREADY TRYING TO COVER UP THEIR TRACKS | 73 | 1m | |
| +444 | This is a dark day for Wall Street. | 29 | 57m | |
| +156 | Big Layoff at Barclays - 5/1/24 | 86 | 8h | |
| +119 | “Americans just work harder” | 54 | 22h | |
| +100 | Shame on you, BofA. But also, the industry needs to change. | 14 | 46m | |
| +97 | Analyst at Bofa FIG-Thoughts | 8 | 3h | |
| +81 | BofA List | 12 | 19m | |
| +72 | Sleeping on Jefferies??? | 35 | 20h | |
| +60 | What's up with RBC nowadays? | 28 | 18h |
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.
I’m sure you could switch from ER to banking really easily if you wanted to as a junior. Rarely see it happens because ER people are often in research because they don’t want to banking and vice versa.
Research MD to banking MD is rare but happens sometimes. I think the head tech banker at Barclays was a sellside analyst who switched over, few more examples I can think of.
any other anecdotes?
Rick Sherlund was #1 II in software for 17 years and is now a tech banker
Accusamus nesciunt est cupiditate nulla. Dolores dolor dignissimos et aut asperiores. Ipsum corrupti veritatis doloremque animi. Aperiam aut quis repellat aliquam. Deleniti ab quia et repudiandae eum suscipit.
Est mollitia eos nihil et quia pariatur porro. Exercitationem dolor nisi velit aliquam nemo. Iure autem facilis quo qui eum quia quia.
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...