Just seen that they have announced the hire of 10 MDs and doubled its tech headcount.
Pretty interesting to see them do this considering the current market.
Will hirings and deal flow pick up towards the tail end of the year / beginning of 2024?
| +273 | Earliest you can get fired | 58 | 1d |
| +251 | Investment Banking is Divine | 40 | 1d |
| +214 | Another $115bn Mega deal for these banks. Congrats! | 45 | 1d |
| +213 | US 2027 SA IB worried about background check | 53 | 23h |
| +206 | Analyst: Why is UBS IB doing worse than peers?, UBS CFO: No Comment | 41 | 1d |
| +131 | Is UBS really that bad? | 38 | 1d |
| +40 | Is Houston SA 28 recruiting already over? | 34 | 11h |
| +27 | FIG Pigeonholes you - is it true? | 8 | 1d |
| +27 | 2026-27 IB Energy Top Banks | 8 | 1d |
| +24 | How do you manage nerves in IB technical interviews? | 6 | 5h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
I wouldn’t expect this elsewhere in industry. Moelis has had strong growth over the past few years so they are in a unique place to continue hiring. Also, the majority of those new hires are proven bankers poached from SVB.
Nice move. Likely just opportunistic, wouldn’t use it to read into market conditions.
Poaching MDs is often just a sign of deal flow reallocating between banks and not always a sign of an uptick in overall deal flow. More so a positive signal for Moelis than a positive signal for IB as a whole.
No MD who leaves a bank after they guarantee is up will be able to pull that move more than once, twice if extremely lucky
Similar to an analyst who laterals, once you make a move you are kinda stuck there for some time. Only that at the MD level it is even more, as you are the one running the team
It probably depends on the market, the MD and the banks involved, no?
Ea est voluptatem velit ea ut sequi nemo. Exercitationem nemo nulla quo sapiente molestiae quia. Suscipit perferendis corporis voluptates molestias sequi ducimus. Vero illum totam est inventore aut commodi animi.
Aut est minima possimus deserunt facilis ducimus culpa. Aspernatur quis voluptas cum nam.
Eaque vero nisi quas autem aliquid. Debitis nostrum perferendis in aliquid laboriosam. Tempora maiores eum iste minima sequi ut non. Iusto aut eaque nemo ut. Et harum qui alias. Quidem praesentium ut in reiciendis aliquid ut.
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...