Is the lateral market for IB Associates completely dead?

I was laid off Q4 last year from a BB as a second year associate. I decided to take December off and started looking / reaching out using headhunters at the end of January. The market seems pretty dead. Are people experiencing the same thing: hiring freezes and only very selective opportunities at smaller / niche firms? If you know of any banking opportunities can you post firm / group / level?

4 Comments
 

Literally nothing out there unless it’s a specific team that is probably lean and is backfilling backfilling. and you happen to know someone in the group

Here to conduct pig business.
 

Saepe ex non dolore necessitatibus. Numquam non velit voluptas reprehenderit qui. Consequuntur nam mollitia dolores laborum consequatur. Rem earum a quibusdam odit.

Et laudantium nihil nihil dolores. Sit adipisci rerum accusantium et ut. Enim a sequi dolorem nulla autem numquam quia. Optio repellat ipsum aspernatur quaerat repudiandae.

Sponsors M&A (London)

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.8%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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

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...”