Rothschild Family Plans To Take Rothschild & Co. Private - How will this affect the bank?

https://www.ft.com/content/62d9a1cc-d822-4093-80d2-d8b184d62880


Hi All - 


Anyone have any insight as to how taking the bank private could affect the business/future prospects? Any employee insights?


I read that perhaps this will allow senior bankers to collect more cash bonus vs. stock, but I am more focused on a junior/mid-level perspective. 


Generally, it seems like the trend has been for banks to go public and not the reverse. 

 

Essentially, business will become more long term focused rather than short term profit targets - this is v good in long run for comp at all levels (especially senior bankers). This is because the family can afford to pay people more and make less money in order to retain the best talent. Also reduces chances of any headcount reduction (altho this is already rare at Rothschild). Profit incentive for the Rothschild family is lower than a public market or typical private investor so they'll be using the firm to exert their influence and power rather than maximising profits only and so will try and win influential deals and high profile deals rather than purely maximising fees only.

 

Inventore non deleniti nisi laboriosam odit. Officiis pariatur dolorem in aperiam sunt soluta. Commodi quis eaque adipisci tempore aliquam.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Jamoldo's picture
Jamoldo
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...”