RX Deal - Work split between RX vs. industry team on a RX deal?

Say for example on an oil & gas restructuring. What does the RX group do and what does the Oil & Gas coverage group? Or does the RX group handle this entirely on their own without any input from the oil & gas team?

I would think that if you're advising the debtor then you will need deep business expertise to plan out a business plan, which would be difficult for a generalist RX banker to have deep knowledge on, given they are generalists (obvious for a vanilla industry like retail, then it's not needed)

If someone working in RX could chime in here that would be great

1 Comments
 
Most Helpful

Molestias similique et ut quibusdam provident quis aut quia. Id laboriosam voluptate quia aut excepturi tempore.

Necessitatibus aliquid et voluptatem. Rerum consequuntur repellat quidem assumenda. Sint distinctio voluptates sapiente quos est officiis aspernatur et.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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

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...”