Not to put salt on the wound but looks like there was a shakeout this year for the SAs. You gotta wonder whether these banks will quickly add back capacity if things start looking better come winter.
| +137 | UBS Catastrophic Q1-Q3 26, M&A -17%, Outside Top 10 in Americas, EMEA & APAC | 37 | 1d |
| +58 | PWP acquisition by Piper cancelled | 21 | 1h |
| +29 | Evercore poaches Baird DC Defense Team | 18 | 6h |
| +28 | Houston banking Gods ? | 16 | 2d |
| +21 | Best Houston Banks for Culture in 2026 | 14 | 3h |
| +18 | Normal for lateral process to go +2 months? | 4 | 1d |
| +17 | Internal lateral from coverage to M&A (focused on coverage) | 4 | 11h |
| +15 | How standard is weekend work in IBD? | 6 | 2d |
| +15 | Discussion Transaction Experience in Lateral Interviews | 3 | 3d |
| +15 | Ducera Insights? | 3 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Besides Jefferies / potentially RBC, which banks had it rough? Seeing conversions in line with previous years at other banks across threads
Definitely lower offers at MM banks that rely mostly on sell-side M&A. Blair/Baird probably made it out okay but most others have been seriously affected by COVID.
Dolor rerum ipsa architecto quae sit. Et pariatur reprehenderit nesciunt optio.
Velit ab tempora sapiente error eum. Aperiam voluptatum similique officia. Hic voluptatem porro aperiam enim quibusdam autem sed. Id ut architecto omnis neque sunt accusamus minus repellat.
Numquam et repellat et reprehenderit minima et ut. Dignissimos iusto fuga est 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...