Updated Information on Jefferies, BB(ish) soon?
Hey monkeys,
I've done a lot of digging on JEF on this forum since I've accepted an offer as an SA for 2020 and have noticed that the vast majority of information on the firm is highly dated being that it is a quickly growing bank. What is the state of JEF like today? I have spoken to senior individuals at the bank who now see themselves as more of a full-service lower BB (kind-of) that still focuses on primarily the UMM as opposed to a pure MM firm like Houlihan. Jefferies came in at no 9 in revenue league tables for 2018.
How do the exit opps compare to other BBs? I know that HC, Energy, M&A, and Levfin seem to be the strongest overall groups and a quick linkedin search will find quite a few analysts that made it to MFs more so in recent years but if anyone could chime in on culture/hours/exits on any of the groups it would be great. I
NOTE: Yes I am aware about the bonus clawbacks, this is only for AS and above doesn't effect analysts. Thank you!
I would just add that they'd both say they're pitching against EBs frequently (obviously moreso for BBs, but the EBs are increasingly coming down market in certain - particularly high-growth - verticals)
I would agree with your analysis as well. Jefferies beats out DB and UBS any day and definitely does not get the rep it deserves on this site. The only other bank that I would consider in the same position as Jefferies is RBC.
DB over RBC all the way
Their technology team out of the San Francisco office punches above their weight. Strong buyside placement with seniors going out of their way to vouch for juniors. Don't know how the HC team has fared since the Sage Kelly days but anicdotally i've met alot of ex jeffries bankers in hc groups across the street.
Can you shed some light on recent buyside placements from that group?
Lots of West coast mm (Marlin equity, shamrock and others). Saw a guy go to a NY HF as well
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