Share a day that looked like a Suits/Billions episode
Not much to add. Let's share some excitement and cool moments in the job for the rest of the community!!
Trending Content - Investment Banking Forum
| +418 | Evercore Intern Seizure | 63 | 7h |
| +128 | UBS IB Americas has failed, now behind Santander and Stiffel | 34 | 12h |
| +108 | Sent my Claude prompt to 200+ Teams chat. MD wants to see me Monday. | 37 | 46m |
| +79 | deleted deleted deleted deleted deleted | 44 | 16h |
| +65 | How do I understand vs. just memorizing? | 11 | 1d |
| +58 | Some banks are overrated as fuck | 19 | 42s |
| +48 | Associate & Above IB exits | 18 | 1d |
| +47 | The good and bad with Wells Fargo | 18 | 1h |
| +42 | Tech to IB Pivot | 22 | 6h |
| +36 | Incoming IB Analyst: Best Ways to Prepare? | 13 | 1d |
Career Resources
I have not had a single day that was anything close to a suits/billions episode, and probably never will. Those shows are heavily dramatized to the point of being cheesy and somewhat cringeworthy. Banking/investing is mostly slow, tedious, and downright boring. That’s the problems with these types of shows; they make kids think that finance is this exciting utopia where you will be come an alpha male Machiavellian wealth god while in reality you will be staying up till 2 am every night rearranging logos in ppt and doing basic admin work. Do not go in with the expectation of doing anything close to what these floofed up TV series show. Sorry to burst your bubble
Does this apply to corporate law as well
No corporate law is exactly like Suits. Pre-COVID a lawyers entire day was eating hot dogs on street corners and running around town to talk to a key witness to “close” the “deal”.
COVID ruined that though. Now it’s just lining up credit docs and diligence calls.
Literally paperwork
That day when Mike first starts and Harvey gives him a bunch of admin bitch work to do. That’s what you’ll be doing. Every single day for two years. None of the fun stuff.
IB is way more boring than most people seem to think
Those interns are in for a big surprise...
mate you're actually retarded hahaha. This post won't age well once this Intern hits his virtual desk this summer..
We were working on the ipo for WeWork and shit was hitting the fan. Investors were reading the provisional prospectus and seeing all the shady stuff that was going on in the company. As you can imagine we were getting calls left and right from investors that were initially really interested in the company and were baffled by new facts brought to light. Don't let that take away from the fact that in 1998, The Undertaker threw Mankind off Hell In A Cell, and plummeted 16 ft through an announcer's table.
“MY GOODDD!!!” - ( JR voice)
GOOD GOD ALMIGHTY
June 2016, being a SA on a sell side rates trading desk through Brexit.
I worked with an Asian guy named Ben. Also saw the guy who plays Ben Kim in Billions in Greenwich Village walking his dog.
I saw him walking his Golden Lab close to St Marks! lol
MD wore a vest and polo one time. I ejaculated cuz Billions
OMG updoots!
Obviously am taking the piss out of OP’s sad fantasy...
The show most akin is Black Mirror - most specifically USS Callister - ultimately you have no control over your environment and there is no ending.
Can confirm.
Had a buddy that had to go to HEB to get Whataburger condiments for a pitch
“If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.”
~ George Soros
"Everyone gets out of the stock market exactly what they want - it´s just that most people are not really there for the money" - Anonymous
"If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring. This is why I choose to sponsor chaos and influence election cycles on the weekend, work and play must be kept separate."
~ George Soros
My MD took us out on his 7 seater boat once to celebrate a 9 figure announcement. Went for a quick spin around the harbor, then went back to the office and stayed until midnight turning comments.
One more: I left after 2 years and they clawed back the remaining $6k balance on my signing bonus - gave them 3 months notice... I was dramatic/angry there. That’s about it.
thx
god damn that clawback
Can confirm that the scene in Suits where Louis faces off against the investment banker, Jonathan Sidwell, is a dead-on accurate depiction of a day's work as an investment banker/corporate lawyer.
Triumphantly slapping files on tables and comparing alma maters with the counterparty's legal counsel are all part of the job.
My MD once climbed on the desk and did a little dance because our fund was high in some ranking. Cringiest moment of my life tbh.
No updoots ? 🥺
Saw Wags in the lobby of my building when grabbing UberEats order...
Don't you mean Hardman?
The Office episode where Wags makes an apperance as the Investmet Banker is the most accurate.
I can think of one exhilarating episode, 14 hours of plugging numbers in to excel. god what a rush
I tend to agree with the above but I had a fleeting suits moment once when I was a first year. Was in final negotiations for an SPA and for some reason buyer and seller wanted counsel to be in the same room while doing it instead of having it over email and phone like the rest of the world (hint client was notorious large private company in the US which many people hate). At one point our client's in-house counsel got up as the negotiations boiled past the point of contention and said "go fuck yourselves" to the good men of Davis Polk who were representing the buyers. The deal then fell through.
No one here seems to be talking about the fact that these shows are not centred around the lives of analysts.... Analysts are probably slaving away in the background while the partners get to live like superstars. It is clearly exaggerated, but I know for sure my bosses have had some Suits/Billions-esque days.
good point, thanks
Well Suits does show associates getting fucked with never ending work a lot.
Since no one here has any exciting stories of investment banking -- I'll start us out:
Saw Spyros once on the subway lol
Dude I love that character hahaha
One day I attended a meeting at Blackstone’s offices with some of the biggest hedge fund managers in the world and representatives of some of the biggest hedge funds in the world. If someone counted the total AUM represented at that meeting it may have reasonably rounded up to one trillion usd. The meeting may have had about 50 people in it. I think that meeting and day overall was pretty cool. I hope this helps
Some guy i know got charged with Insider Trading which is basically Axecap if that means anything
Quam cumque dolorum hic quos autem. Deserunt nesciunt non expedita. Quis rem dolores iusto.
Dicta nihil provident rem consectetur sit. Atque ut nihil et sit. Eum quia ut tempore sunt beatae. Dolorem inventore quaerat facere magnam iure.
Recusandae quo hic quia alias. Harum vero voluptatibus nesciunt eos consequatur.
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...
Aut ut voluptates natus. Dolores quisquam nesciunt cum sint sed. Qui doloribus quae optio distinctio iure labore. Quaerat consectetur est ea autem.
Eius eaque omnis blanditiis numquam. Consequuntur aut rerum non iusto ut at et. Nihil architecto repellendus ratione.
Nesciunt vitae quisquam ratione porro ad autem. Nisi corporis molestias aut facere. Debitis inventore veniam corrupti accusamus natus occaecati.
Delectus magni odio et odio odit totam adipisci. Qui repellat voluptatem quo quis cupiditate. Corporis quo accusamus aut quia architecto et.
Dolores commodi et pariatur et asperiores laboriosam incidunt sed. Et excepturi ex quibusdam quos. Asperiores dolorum in odit ut vero qui. Et ad magnam eligendi ut rerum inventore dignissimos.
Est impedit consequatur incidunt ut deleniti molestias aut. Non odio qui perspiciatis aperiam vel perspiciatis. Deleniti quia possimus assumenda nobis laboriosam.