What is the chillest/easiest group in NYC?
I want to lateral from my bank (BB), which used to have great culture, but took a nosedive this past year.
I don't care about huge bonuses. Only great culture, easiest hours, and generally best quality of life. If that means going to one of these groups in Citi or CS that got shafted on bonuses....great...I will backfill the exodus of bankers leaving.
Outside of ECM/DCM, is there a genuinely easy coverage/M&A/lev fin group at a reputable bank in NYC? No work hard play hard, I want work easy play hard.
Barclays natty resources? I heard they were generally easier (maybe I'm wrong)
No weird boutiques please.
Bank teller @ Capital One
I don’t really think there are many groups that are going to be significantly chiller than others. Marginally chiller yes, but even bad groups with low deal flow are going to be pitching crazy and then not only are you still doing work but the work you’re doing is less impactful (and probably useless).
best you’ll get is ECM or DCM in sleepy sectors (e.g. industrials and energy ECM is low deal flow at my bank great hours) but then your job security is lower.
Hands-down Solomon Partners is the chillest EB on the street
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Would think any not so strong coverage group in mid tier BB are like that? Talking about 10-12, not Saturday kinda schedule
Evercore ecm - speak from ecperience
Whats your experience with them? People seemed chill but do you have insight on hours/comp/general team dynamics?
What are the hours?
I can speak to Barclays. Barc has great culture if you stay away from industrials. Tech also works hard but culture is good
Citi loan syndications. Nice base, good bonus compared to 99% of people, and zero weekend work. Would recommend.
What are the hours like during the week?
You mention being willing to sacrifice on bonus, but understand that base alone is $100k+ for An1, well above what MO/BO is making all-in. As a result of the higher salary, longer hours are required or extremely technical aptitude (quant/tech). If you want WLB, MO/BO is the way to go.
Most sponsors groups are known as "lifestyle groups." Some exceptions I'm sure, but this seems to be generally true in my experience.
Second this. Find a Sponsors group, it’s the best seat in banking. Get to see all products and less pitching. CS, BAML, BMO all have good sponsors group.
Isn't sponsors crappy because your clients are PE firms that ride your ass all day and night and weekend?
what do sponsors teams even do? Don't you build their models for them and do the buyside diligence (that's a ton of work!).
I heard CS sponsors was a total sweatshop?! Is one of the BB sponsors groups more chill than the others?
Am in BB Sponsors. Can confirm. Been working 9-10 on average, going to an MF this summer.
Evercore generalist group - best pay to work ratio on the street
Hours?
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