This might be one of the worst times to be a junior banker ever
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Region
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| +137 | UBS Catastrophic Q1-Q3 26, M&A -17%, Outside Top 10 in Americas, EMEA & APAC | 37 | 1d |
| +59 | PWP acquisition by Piper cancelled | 22 | 2h |
| +29 | Evercore poaches Baird DC Defense Team | 18 | 6h |
| +28 | Houston banking Gods ? | 16 | 2d |
| +21 | Normal for lateral process to go +2 months? | 4 | 1d |
| +21 | Best Houston Banks for Culture in 2026 | 14 | 11h |
| +17 | Lack of talent in IB! | 19 | 2h |
| +17 | Internal lateral from coverage to M&A (focused on coverage) | 4 | 16h |
| +15 | How standard is weekend work in IBD? | 6 | 2d |
| +15 | Discussion Transaction Experience in Lateral Interviews | 3 | 3d |
Career Resources
Too long didnt read
So far can recall seeing lower bonuses at some places (Citi, BofA, MS, Wells, Blair, Baird)
Other places seem to have gotten normal / decent bonuses (PWP, GUGG, PJT, CVP)
Wow comp is variable in a cyclical industry, who knew!
Wdym theres no work lol
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