Wanted to make a thread to see what some of the most draconian policies are on the street for topics ranging from clawbacks, protected weekends, pe recruiting, lateralling, hours, food ordering, etc.
| +260 | Earliest you can get fired | 56 | 4h |
| +247 | UBS’s M&A BANKERS ARE DOING TERRIBLY. $200M EXTRA IS BEING CUT | 44 | 3h |
| +223 | Career Crossroads | 31 | 12h |
| +223 | Investment Banking is Divine | 38 | 7h |
| +214 | US 2027 SA IB worried about background check | 52 | 18h |
| +206 | Analyst: Why is UBS IB doing worse than peers?, UBS CFO: No Comment | 41 | 5h |
| +203 | Another $115bn Mega deal for these banks. Congrats! | 43 | 12h |
| +50 | Is UBS really that bad? | 20 | 3h |
| +37 | Is Houston SA 28 recruiting already over? | 32 | 7h |
| +22 | Sweat Group 2026 Discussion | 24 | 7h |
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.
IMO I think the most draconian policy on the street is FT Partners clawing back ANALYST performance/year-end bonus and signing bonus if they leave/lateral... even worst is that they claw back gross performance bonus on analysts...
The only other bank that does anything close to this on junior bankers is Jefferies but at least its for Associates and above, not analysts...
Okay, okay, sure they do have some “strange” policies. BUT - and that’s a big butt - you get to say you work at FT Partners 😤
Jefferies and CS both have clawbacks for prior year bonuses up to three years after payout…
Who else has clawbacks so I don’t lateral there lol
Im an incoming FT Analyst at CS and nowhere in my offer letter does it mention a performance bonus clawback. I think that was a recently implemented policy on senior bankers. Also Jeff doesnt clawback analyst performance bonuses, only performance bonuses for Associates and higher get clawed back if they leave before 4 years.
Cs clawbacks on director and above
jefferies on associates and above
BMO makes you pledge your allegiance to Canada in the case that a military conflict starts.
It’s probably worse at Macquarie imagine getting drafted for the next Emu War
What’s the legality behind these clawbacks? They have to be mentioned in the offer letter right?
Perferendis et aliquid et natus. Distinctio ipsa occaecati et aliquam. Est sunt quibusdam quis id nostrum accusantium officia. Et excepturi qui ut nemo dignissimos expedita quidem corrupti. Omnis ullam at omnis.
Laudantium modi expedita error cumque numquam recusandae omnis. Autem et laudantium quod voluptate nobis et. Ratione porro aut reprehenderit mollitia. Alias mollitia temporibus est omnis.
Ut laudantium eum esse voluptatem. Expedita consequatur doloribus reprehenderit ullam. Dolore tempore et doloribus delectus explicabo. Et perspiciatis ut ea in rem sint ducimus. Maxime quibusdam iure laboriosam nesciunt et ullam.
Fuga accusantium amet non dolores voluptas aut et. Architecto assumenda sed ut aut dolores.
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...