15 Comments
 

Just from what I’ve read and heard, Lazard has been on the decline while Moelis has gained significant traction in the space. Both firms run solid RX platforms, but Moelis has historically had a better group in NY. Houston rx groups are mainly just NY groups relocated. Also, you should double check to see if either group runs the rx in house. I believe Lazard Houston historically has just used NY for the work as opposed to doing it in Houston.

 
Most Helpful

Have friends in both groups and if I were going through recruiting right now, I'd choose Moelis, hands down.

Both are solid shops, but as mentioned above, the momentum and overall outlook of the two groups couldn't be more different. Also, can confirm that Moelis runs their Energy restructurings out of Houston.

PM if you want to talk further.

 

Agree with Moelis. That deal would be a nice bullet point on the resume:

"$1T Initial Public Offering for Saudi Aramco (closed)"

Few players recall big pots they have won, strange as it seems, but every player can remember with remarkable accuracy the outstanding tough beats of his career.
 

That was the case back in August (Bloomberg had reported Moelis & Lazard were being selected) but per WSJ article from September they list the following:

JPMorgan Chase & Co. Morgan Stanley Goldman Sachs Group Inc. Bank of America Merrill Lynch Citigroup Inc., HSBC Holdings HSBC Credit Suisse Group AG And two "domestic investment banks"

https://www.wsj.com/articles/big-u-s-banks-crowd-into-aramco-ipo-115682…

Few players recall big pots they have won, strange as it seems, but every player can remember with remarkable accuracy the outstanding tough beats of his career.
 

Moelis is the lead financial advisor to Aramco for the IPO, but they not underwriting it (they're a pure advisory shop). So, they're sitting on the side of the table with Aramco and helped them choose the underwriting group (among many other things I'm sure).

 
"Intern in IB-M&A" Is Moelis still underwriting the Aramco IPO? Read a few articles saying Aramco selected their bankers but didn't see Moelis. I was under the impression they were the lead book runner, has that changed?

Theyre not underwriting it, they have some advisory role on it along with one of the other EBs. Doubt its being run out of the Houston office given every other bank is doing it from their London office.

 

Cupiditate quasi repellat autem quae error magnam numquam. Minus sit saepe suscipit. Qui autem qui magnam et et odit. Veniam vel sunt minima voluptatem deserunt aut quidem. Laudantium quisquam sit est et ad.

Et repellat dignissimos aut ut dolor. Voluptatem quod voluptas odit ad ipsum aut eum vitae. Molestias iusto nobis voluptatem eos maiores repellendus. Consequatur a dignissimos officiis qui fuga possimus reprehenderit. Minima sed consequatur quia odit eum.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”