It seems a lot of recent threads are not considering PWP an EB. Is that true? They don’t seem to have many big M&A deals In this period nor have they been on the big RX deals. Also, in terms of exits seem to place in MM (similar to firms like RBC/DB/UBS). Thoughts?
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Yes, RBC replaced PWP
I have met multiple PWP analysts in MF during my sell-side deals so idk where people are getting this notion. Exits might not be as good as say PJT RX but I think at that level its more the individual than the firm.
The fact that you’re creating this post and your takeaway is this after reading forums makes me question your comprehension/analysis skills. PWP is absolutely an EB (and no I work at a different EB)
Jefferies is not an EB
who fucking cares? they still make over $175k first year???
HUR DUR NOT AN EB NOT AN EB
Hahahahahaha
This is asinine. No big RX deals? They were literally tapped by the treasury department as part of the Coronavirus bailout package to help with airline restructuring.
Are you an idiot? How can you compare PWP with RBC / DB / UBS... Prospect - most people at ANY bank exit to MM... Of course, you can't tell from reading these forums
guggenheim/pwp are stronger than ghl in general but weaker in exits
people who say pwp is on moelis/lazard level are crazy though
Moelis and Lazard aren't as untouchable as you think. They exit extremely well (especially Moelis) because they attract the most intense finance hardos who willingly choose the sweatiest bank. However, the choice between EBs is not as clear-cut as you think or how WSO portrays it (no set rule on choosing which EB). People do care about culture, although maybe not on this site And now people on WSO are saying Moelis and Lazard aren't sweatshops. Who tf told you that?
Well said. Those firms just have different business models. Take Moelis and PWP for example. Yes, Moelis will be higher on the league tables because of volume, but PWP on average will work on larger deals. Stupid to say one is better than the other based on business models. Can't say I'm knowledgeable enough on exits to comment on that.
I assume you are a guggenheim intern - you guys are always the one trying to group guggenheim in with pwp lmfao
Dude chill. You must not actually be an analyst or you wouldn't care so much. I never understand why "analysts" engage in petty arguments with interns instead of posting on important threads. Ranking bank threads have 10x the comments than "Internship Best Practices," etc...
Ridiculous posts like these only come from ppl who were dinged during their PWP interviews. Suppose this is natural when you interview 2000+ kids every cycle but only give out 25-30 offers
dont know why you guys keep falling for these troll posts
Check back here in a month, some freshman will ask: Will JPM still be a BB once Jamie Dimon retires?
out of bananas but lol'd
why are you posting as a second year analyst when post history indicates you're a sophomore that just signed a PWP offer?
if you were actually happy with the offer you wouldn't be posting on this site so much - you'll never see an EVR/GS intern defending their bank like you do.
edit: I think you go to UI Kelly so dm me, I'll put u in touch with HR at the aforementioned banks so you can try for FT. Not Harvard/Yale but you guys are the most comparable school to us, so willing to help you out so you aren't stuck at guggenheim
IK I’m a monkey but based on some threads it seems that PWP doesn’t have much MF exits and that the RX team is basically all O&G.
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