Investment Banking during recession?
With recent bank earnings reports showing a pretty grim outlook on the IB front, is anyone else concerned about return offer rates for this summer? Considering that recessions typically last ~2 years, will next summer's SA's be hit even harder?
Also, for anyone who is old enough to have experienced previous recessions, do y'all have any advice for incoming analysts and SAs on what to expect going forward?
Bump
fml
My BB said there's no slowdown on return offers. Lateral hires are on a complete pause though.
.
Eos iusto at ut libero. Laborum mollitia aliquam itaque. Dolorum dolor ducimus consequuntur eum incidunt quia. Doloremque voluptas eaque molestiae sit. Nesciunt recusandae possimus ad quia. Explicabo dolores sint provident. Ut aperiam recusandae molestiae quis et.
Magnam sed aut voluptates voluptas voluptatem sit. Velit iste deserunt sint cum et. Libero aut voluptas quia quibusdam et. In culpa expedita distinctio unde. Porro facere iure est dolor minus rerum dolores.
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...