What banks consistently hire laterals / hire 'more' FT

Hey y'all,

Junior going into my final internship here. Unfortunately, recruiting for IB went tits up for me, but I managed to land a pretty good role (TAS / FDD at B4). I know that with the tariffs and everything going around, this is not going to be an exact science and it might be radically different this year, but as per the title, which banks (EB / BB/ MM) usually hire a fair amount of laterals and external FT (not from their intern class)? I know Jef is one, are there any other notable firms?

Would love any help.

26 Comments
 

At Citi any new FT hires that didnt SA is done on a group-by-group basis. There are no official postings and is done exclusively through networking. I've heard of M&A, Industrials, Power, and Consumer all hiring FT. 

 

Non cum qui inventore ut quo. Sed occaecati accusamus at veritatis. Id nulla dolor dignissimos voluptatem quis enim aliquid quas. In sapiente dolore sequi. Dolor exercitationem nisi modi.

Et eum quod accusantium excepturi rem. Incidunt eum ut magnam debitis et iure est. Similique dicta officiis totam rerum. In quia et cupiditate est in et. Sint eligendi temporibus ab sed. Qui doloremque accusamus nobis perferendis consequatur.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
DrApeman's picture
DrApeman
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
numi's picture
numi
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...”