Which banks would you take over Lazard in London?
Hello guys- currently holding an offer from Lazard for a summer internship in London.
I've got the opportunity to apply elsewhere for the year after. Out of all the EBs, Laz/Evercore are my favourite so I'm happy with Laz in this regard.
But in terms of BBs, I was wondering how people thought Lazard stacked up against GS/MS/JPM/BAML in London in terms of PE recruiting, and potential for a long-term career in banking? I perceive Lazard as being on par with JPM but GS and MS potentially giving more options?
Cheers.
None, they have a fantastic culture in London and fantastic exits.
GS/MS/JPM are roughly on par, only difference is more exits gross rather than per capita.
Biggest sweatshop in London and not better exits... Misguided boutique circle jerk on here!
Talking about the people more than the hours.
And absolutely the exits, just check LinkedIn.
Out of the BBs: GS, MS and JP but considering the sweatshop reputation they have I would also consider applying to Centerview. I think Centerview's reputation is almost the same as Lazard but heard the culture is much better.
Consider applying to GS / MS / JPM
If you receive offers from one of these in addition to Lazard I would choose on the basis of culture / fit rather than exits.
It's not just Lazard that has a sweatshop reputation. Certain teams in MS and JPM are just the same.
I would also consider conversion rates. Historically, MS London converts a higher % of its SA class than Lazard.
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