Rothschild = Goldman Sachs of Europe
I would like to hear opinions on Rothschild in London/Europe. I heard in America they are not that good, but they are top notch in the City. From what I heard from bankers in the City, they are the most prestigious place (one of), and are basically Goldman of Europe. They rank no.1 in multiple EU countries, e.g. France. They are no.1 for a number of M&A deals in Europe and no. for their Equity Advisory in the world. Also heard about great PE placement - linkedin search will confirm.
Heard stories about the company's butlers and saw the ridiculously expensive paintings in their offices. They are also considered the 'poshest' name in the City.
What are your thoughts on Rothschild?
I can confirm that Rothschild and Lazard are the major players in Paris. They have the most deals. I know that in Paris Rothshild is divided into 3 main IB advisory teams: - GFA (global financial advisory) is for large caps - A very strong midcap team - A new and small real estate focused team.
They also have a merchant banking/PE growing activity (5 arrows capital and other funds).
French President Emmanuel Macron used to be an MD at Rothschild for a bit less than 2 years, he advised major deal and made close do 2mm euros. And yes he made it straight to MD without any previous IB experience lol.
I was deciding between Rothschild and Bank of America Merrill Lynch, spoke with a few City bankers who advised taking Rothschild. The way they are structured in London is:
M&A - #1 Europe Debt and Restructuring - ??? (less known) Equity Advisory - #1 worldwide
They work on many deals = great exposure for juniors.
Yes, their analysts place at mega funds and best PE shops.
Straight to MD is fucking legendary. I would absolutely vote for that man.
I also heard of great reputation in Europe. Heard of people choosing them over Goldman in London. The thing about the company's butlers is true, google it.
In Europe: Rothschild = Goldman > JPM, MS, Lazard > other BB
GS,MS,JPM>Roth, Lazard>BAML, Citi if anything
They are definitely the most prestigious bank in Europe, the company owns crazy shit through their subsidiaries. They are weaker in the US but expanding rapidly.
Can confirm as I worked there a few years ago. Their reputation in Europe is insane. Top place.
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No, Lazard is not more reputable in London. Lazard is stronger in the US, while Rothschild is stronger in Europe. I would even go as far as saying that Rothschild is the most reputable shop in Europe. I agree with the number of deals (smaller but many), Rothschild has the most M&A deals globally. At the same time it is important to mention that they worked on some landmark transactions and they often win huge deals against BB or Lazard.
Rothschild is undoubtedly top bank in Europe. Comparing with GS is difficult as it's like comparing GS with Lazard in NY. They are all extremely prestigious.
For what it's worth, Rothschild LDN also has a reputation for hiring attractive females into global advisory.
Are all the first posts written by the same person lol? Newly created accounts claiming Rothschild to be the absolute best and most prestigious.
I'm sure it is a great place to be, but the average deal size is quite a bit lower than GS/MS/JPM.
Lol looks like someone is joining Rothschild in London. For what is worth they are a very good MM shop with insane volume of deals. Not remotely close to GS and MS which are traditionally the strongest shops in Europe .
I don't think I would agree with most comments on here. Surely Rothschild is a prestigious institution but they are known to take on volume over quality of deals and do a lot more smaller deals than the BB's would normally touch.
They do have a top notch restructuring team and are certainly well placed for more aggressive actions in a restructuring.
Their Paris office has a massive wine cellar and MD's will sometimes open it for high value clients.
I also don't think they have good placement for large PE funds if that's your main focus but people that went there done usually ok. I think GS would be a better rounded experience in general. Lazard overall has better placement at high caliber buyside funds than Rothschild in London thats for sure.
Know some guys from the London and German office. They communicated quite open that they advise almost every deal possible as long as it pays fees. Deal size is about 1/3 of the average deal size of BBs. Certainly king of mid market but miles away from T1 BBs regarding prestige and exit ops. But a cool name when you try to explain your non-banking friends what you are doing