Jefferies vs Greenhill London

Hello - have received 2023 SA offers from both firms in their London office. Jefferies is considerably larger and on a growth trajectory, but probably cannot shake off the reputation of being an MM (although the average EMEA deal-size appears to be in line with Roths/Laz). Also hear comp is very good, and their office is in a nice part of the City (albeit they share their building with RBC).

Greenhill is arguably the "least" of the EBs - but is a generalist internship. However, probably patchier dealflow - not to mention the firm is lossmaking with no intentions for expansion.

 

Greenhill converted very few of their summer analysts last year, their deal flow is weak and they have a declining reputation (check their share price). Jefferies, on the other hand, as you mention, has strong deal flow/size. As far as EB vs. MM goes - I wouldn't class Greenhill as an "EB" anymore - especially when comparing it to the likes of Lazard/PJT/Rothschild; it simply does not compare. Sure, Jefferies is a "MM" bank... but it has stronger deal flow and a strong reputation.

Personally, I think that Jefferies is a much better shop, and I would take this over Greenhill. Hope this helps!

 

Think it’s hard to go too wrong with either here 

GHL has struggled with recent results but London has some top MDs across Digital infra (as other poster noted), Consumer (strong ex UBS MDs), HC (ex Head of BAML HC) and UK plc in particular (ex Chairman of Barclays). It’s much smaller so even with a few deals in the UK office it is strong on a per head basis  

I’ve friends at both places who’ve had a good amount of deal flow, important to consider culture and the team you’ll be working with as ultimately that would be the biggest deciding factor. GHL clearly a much smaller place than JEF and so less well known in the UK. Both would have good exit opps if that’s what you ended up looking for. 

 
Most Helpful

Went against the grain and decided to choose Greenhill - thought I'd outline my reasoning:

  • Only a 6-week program, so can do 2x Summers in '23.
  • M&A and RX generalist.
  • Liked their "old school" banking vibe and their offices on Berkeley Sq

I can't really see myself joining them for FT - but I think the first two points offer the greatest optionality in applying for FT and Off-Cycles.

 

Hey can you PM me pls- I would like to ask a few questions and would appreciate your help. 

 

Friend has an AC coming up, did you have one already? Thought they hadn't started yet

 

Ipsa et exercitationem nostrum explicabo et. Illo iste quisquam adipisci ex est iure. Culpa ea placeat nesciunt autem vel. Sunt optio voluptatem qui consequatur nam illum.

Qui numquam cum aliquam eos est exercitationem. Debitis vitae et nihil facere. Asperiores vel alias voluptas. Et a voluptatem tenetur eum ab dolorum adipisci. Dolores veniam dolorem quo explicabo et amet sunt ducimus. Et distinctio exercitationem laudantium dolor ut. Perferendis quo dignissimos aut dolor sit autem beatae.

Laudantium rerum est molestiae labore velit. Quibusdam quasi doloremque voluptatem exercitationem et voluptatem. Vero quo consequatur praesentium. Molestias ratione commodi reiciendis tempora rerum in. Et tenetur quidem amet. Et quaerat suscipit doloremque incidunt earum sed ut aut.

Non sed repudiandae atque vel. Aliquam molestiae earum cumque.

Career Advancement Opportunities

May 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 04 97.1%

Overall Employee Satisfaction

May 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

May 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

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (89) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
kanon's picture
kanon
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
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...”