Trending Content - Investment Banking Forum
| +69 | Wealthy Parents / Jaded | 23 | 7h |
| +49 | How are hours rn for SA (interns) | 29 | 16h |
| +46 | Venezuela Debt Restructuring - LAZ vs CVP | 22 | 4h |
| +36 | A COMPLETE GUIDE TO SUMMER INTERNSHIP RECRUITING | 9 | 17m |
| +33 | Boutique firm wants access to my LinkedIn? | 19 | 2h |
| +27 | Investment Banking in Mexico | 7 | 1d |
| +25 | MM bottom bucket bonus | 9 | 2d |
| +24 | UBS GIG, LevFin, FSG Interns working Sundays and 85 hour weeks their first week? | 12 | 1d |
| +21 | Excel macros for QOL formatting | 0 | 3d |
| +20 | Freshman at Rutgers Newark — Best Way to Get an IB Internship? | 10 | 2d |
Career Resources
Not all mandates are public. Lot of out of court and etc distressed exchanges etc. Would move MB down a tier and JEFF up a tier especially with derrough. Also is this tier in terms of exits, prestige, something else? PJT still in a league of its own.
Obligatory congrats on jeff
Congrats on UCC king!
Least obvious Jeff RX people. Congrats on RX bottom tier!
Really should be 1. PJT 2a. EVR 2b. HL etc.
Agree with other commenters, PJT on its own, then EVR/HL, then move down Gugg and MB respectively. HL is good but at the size they are they frankly should be on more mandates. Can’t have 2-3x more people than everyone else and be on less.
I would put CVP up too given the size of their rx group
Think gugg has definitely been on that tier the past 2 years, but agree on MB on second thought
As someone on the EB industry side, HL always ranks too high in these IMO. They do a fine job on volume, T2 is fine, (but not differentiated vs. others on that level) but they have a higher proportion of creditor-side mandates and often win on cost (creditors are cheap and they will take sub $2M fees that PJT, EVR, MOE, CVP won't do).
Never really see GUGG on stuff, certainly not same tier as those other banks. After T2 there's a big drop-off IMO (at least from a US perspective)
HL has still been on some of the most topical LMEs + Ch.11 of the past few years but at the end of the day all of these t2 places are great places to work with similar buyside opportunities for analysts
gugg had a breakout 23-4 in terms of mandates, rite aid/lumen/first republic/svb/MLB and multiple (other) bn+ dollar debtor sides. they def had a slower 25 besides the continued rite aid debacle and an interesting california pensions fund advisory but putting them lower feels wrong
Few comments below thx.
Tier 2(b) PWP, CVP, GUGG
Pretty accurate
Anything beside these banks (excluding top RX consulting like A&M,FTI) don’t to RX lol. no need to be a nerd and at a shit bank.
How is Ducera?
Tier 4
Can’t comment on the above, as not in the US.
Biased, but my impression is that HL does very well internationally. Huge mandates in Europe and Asia eg Chinese RE, Ardagh, Altice (France and International).
Would rank them higher at Tier 1 on an international level, alongside PJT, in a league of their own vs the rest I.e. EVR doesn’t have a great RX team outside of the US
if you're at EVR RX in the UK are you poorly setup for learning/comp/exits to distressed later? Is it a big leap vs. HL? Can you share anything in terms of expectations on hours/comp/exits at these for EU?
Congrats on PWP RX!
Fair
LAZ and PWP are objectively a different tier than “Gugg” buddy lol go look at the transactions, congrats on fake EB Gugg.
Ratione rerum culpa facilis. Excepturi et laudantium ullam quia quasi. Eaque perferendis et ipsum iusto aliquam.
Magni suscipit corrupti optio illo atque magni. Aspernatur dignissimos dolore aperiam dicta eum rem. Qui quas magni et ut itaque praesentium.
Enim explicabo laborum sint maiores porro eius. Tenetur qui temporibus voluptates et temporibus. Quae cum illum pariatur rerum nemo magnam blanditiis. Reprehenderit amet voluptas eveniet consequatur corrupti. Rerum libero delectus eligendi eligendi odio voluptatem. Aut eos natus in vel nesciunt sequi.
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...
Quod officia suscipit et non nam vero similique. Impedit est sed saepe dolorem qui hic. Suscipit distinctio voluptas culpa quia dignissimos nisi voluptatibus aut. Doloribus est excepturi reiciendis minus cum eum doloremque.
Rerum delectus consectetur deserunt. Enim molestiae ut optio sed optio. Cum reiciendis earum temporibus magni. Sunt saepe dicta optio et et. Eius ipsa neque quos sequi. Eum et delectus consectetur quasi unde quod impedit est. Rerum sint et veritatis consequuntur.
Ut voluptatum odit assumenda eos et nam laudantium. Minima est dolor ipsum vitae doloremque commodi ut. Deleniti voluptatem aliquam minima dolorem dignissimos. Quo enim et nesciunt sequi omnis officiis et quam. Beatae quia quam ullam nesciunt rerum mollitia. Dolorem natus et sed voluptatem et.