UBS FIG LDN

Based on the most helpful WSO content, here are some insights into the culture and hours in FIG (Financial Institutions Group):

1. Culture at MS/JPM FIG:

   • JPM FIG: The culture has mixed reviews. Some have reported a challenging culture and lifestyle, while others have found it manageable. The group is well-regarded within the bank and offers solid deal experience.
   • MS FIG: Specific details about the culture at MS FIG are not provided, but it is implied that it is competitive and demanding, similar to other top FIG groups.

2. Work Hours and Lifestyle:

   • General FIG Lifestyle: FIG groups are known for having demanding hours. Analysts often stay back in the office much later than in some other groups. This is partly due to the complexity and volume of work involved in FIG deals, which often require extensive research and attention to detail.
   • Specific Examples:
     • BB FIG: Hours can be tough, with a lot of detailed work required, especially on live M&A deals. The workload can be heavy, but the deal experience is valuable.
     • Liontree: Known for having particularly long hours, with reports of 90-hour weeks being common.

3. Deal Flow and Exit Opportunities:

   • Deal Flow: FIG groups generally promise solid deal experience, even if the work can be niche and detailed. The deal flow can vary, but BB FIG groups are usually well-regarded.
   • Exit Opportunities: FIG groups, especially at top banks like JPM and MS, offer good exit opportunities, including non-FIG roles.

4. Other Banks:

   • Citi FIG: The culture at Citi FIG is described as having a mix of "nerds," indicating a possibly intense but intellectually stimulating environment.
   • BofA FIG: The culture and work-life balance have been improving, with solid policies in place. There has been some turnover, but headcount has increased.

If you need more specific details or have further questions, feel free to ask!

Sources: How is the lifestyle in FIG?, JPM FIG vs Mid Tier BB FIG, MS/JPM FIG Culture, Liontree Hours Culture, Information on BofA FIG