US vs International M&A

Can someone explain the differences in comp, hours, and culture between a typical NYC bank and one in London, Paris, Sydney, etc.

Is USA banking much more hardcore, considering 70% of global M&A comes from USA

4 Comments
 
Most Helpful

Ignore job title.

Have worked on deals (M&A and investing) in the USA (East and West Coast), across Europe, a couple of ones in Africa and a few Middle Eastern. I’d say that London and New York are basically on par, the only difference between London and European cities is that the European cities are much more opaque (or even sometimes leaky), but they still work hard for much less money. Middle Eastern counterparties are generally very unsophisticated and governance standards are much less strict. African deals can be really hairy, worked on one asset deal that had 200 armed guards on site to deter robbers/militias. So in Africa you have different issues, maybe you aren’t doing as much funky financing structures but you’re also solving for the problem of how to avoid as much of your property being stolen as possible.

I don’t do the EM stuff any more but I think it was great training as all the seniors were extremely sharp, if you can make money there you can make money anywhere. Also in any of these jurisdictions except maybe New York it’s tough to make money without being a local. A lot of regional Brits will look down on you for having an accent.

 

Maxime eveniet quasi est et est. Numquam rerum quasi voluptas delectus. Veniam eos cumque quis velit officia sit molestiae blanditiis. Ipsum sit rerum dolores voluptatem molestias qui.

Et explicabo ut sint omnis unde sint ea. Deleniti voluptatem mollitia maiores perspiciatis. Minima impedit autem nam officia quibusdam fugiat qui nulla. Repellendus minima eum modi reiciendis quas quia. Illum dolor nihil ea aut ad necessitatibus nesciunt. Amet optio a officia magnam tempora vel. Possimus fugiat unde qui quia.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
dosk17's picture
dosk17
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”