Truist W/L balance

Bally8

Corporate Monke

Truist exit opps are not great. Usually LMM PE funds in the south

That's what I hear. Also, makes sense given the merger. I wonder if Trust's reputation could lift in the next bull cycle. Seems like they're pouring money into the IB division and the bankers there are busy pitching, not necessarily closing but my thought is that could change when the water rises again. Thoughts from your end?

I live in the south and have plenty friends who work at Truist in Atlanta or Charlotte. They all really hate the new culture after the merger. Saw a lot of people leave to better shops such as Houlihan especially in Atlanta. If thats your only offer, any IB offer in this market is great so try and lateral elsewhere in my opinion if you want better exit opps.

Yeah that’s what management was hoping for and pitching internally but then they slashed a ton of ppl and had to smell the roses to the extent that the firm just isn’t a big IB player and most of the fees are from lending adjacent roles, M&A strategy is contingent on lendi g even 

They’re not bad for most ppl, idk maybe 60 a week