25 Comments
 

Does industrial have good exits as a result of deal flow and is there any other good deal flow teams? Also are RX exits exclusively distressed/credit related roles, and are exits still strong as RX has supposedly gone downhill in the last 1-2 years? Thanks for the insight

 
Most Helpful

L5Y industrials exits a mix of PE/infra/SWF/public(ls/lo/credit) and laterals (internal and external). Some good exits although not sure much better than other teams in that regard. Consistent flow because of senior MDs (incl. a lot of non-UK/US/Paris/FFM deals which get run out of there), total churn and burn though... Re. Rx they lost their head to Jefferies, would avoid. Re. OP I'd say FIG flies under the radar but is probably best bang for buck in Ldn (WLB/retention + flow), or failing that DCM/ECM. Avoid RCL. Nat res is basically 3 diff teams so hard to generalise, but is a good franchise regardless. 

 

I think Spiro is still leading NatRes and is a bit of an industry legend, so dealflow and exits from his team are very good (WLB though is another story). RX and the capital markets teams (DCM / ECM) generally have better culture / WLB (and as far as exits go, I'd lean towards a sector team but Lazard is top tier EB so most teams will position you well, with the usual caveats around capital markets teams).

 

Their HC team in London had been hiring like crazy last couple of years, so not sure what you mean here. But candidly, they fired 3/4 junior laterals after not more than 1 year with the team. Why on earth would you want to approach them? Also heard they wanted to recruit a mid level from another bank (which everyone thinks as miles inferior to Lazard) and got laughed at.

 

Consequatur dolorem quia qui ad. Eaque officiis aliquam vitae quisquam. Quia natus quia consequatur ad nemo doloribus officia. Velit incidunt vel ea at.

Nisi nihil quod aperiam aut fugit. Quod consequatur corrupti et autem. Veniam voluptatem enim culpa temporibus omnis. Reprehenderit consequatur dolorem repudiandae at ab eaque.

Totam ut delectus nostrum nulla voluptas officia ratione. Rerum ut molestiae temporibus rem atque debitis nisi.

Ipsam ut esse vel veritatis. Incidunt commodi at corporis consequatur quisquam. Et sunt maxime suscipit voluptatibus.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (72) $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
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
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...”