It seems like a lot of high performing analysts leave IB for PE after 2 or so years. Since PE is a lucrative business, why don't banks set up their own PE divisions to keep the talent internal and expand their revenue stream at the same time? Is it a conflict of interest between sell-side/buy-side, or is PE considered prop trading, which banks aren't allowed to do?
| +439 | Female bankers doing brand deals on TikTok | 116 | 13h |
| +143 | UBS rolling out Enhanced Clean Desk Policy, bans deal toys | 16 | 4d |
| +105 | Starting FT in a city 3 hours away, dad has progressing Parkinson's. Looking for advice. | 8 | 1d |
| +73 | JULY 2026 CHICAGO BANK RANKINGS | 29 | 12h |
| +67 | Restructuring is paradise (a completely unbiased account) | 6 | 4d |
| +37 | Not Treated Well by Other Interns | 20 | 2d |
| +36 | Handling frustration | 5 | 4d |
| +34 | Taking days off as an intern | 17 | 14h |
| +28 | Thoughts on Intrepid - Houlihan Merger | 10 | 3d |
| +27 | IB TikTok Influencers (wehave2wizards) | 9 | 3d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
some banks do but they are independent for all intents and purposes
i think you need to read FINRA and SEC regulations
Dodd Frank bro
Pretty sure GS and MS have a PE group
Most BBs do but they aren't even allowed to talk to one another.
because if you have a merchant banking division, you are seen as a competitor so PE funds won’t mandate you on their leveraged finance deals. That is part of the reason why GS/MS or Rothschild still have an MBD while JPM and co don’t
Quis incidunt dignissimos voluptas consequuntur. Ut facilis officia consequatur maiores qui sed. Odio nihil voluptatem eveniet voluptatibus eos temporibus.
Sunt iusto quos at adipisci. Sapiente molestiae sit est qui libero vel amet. Magni est quia doloremque reiciendis.
Beatae est doloremque nostrum. Est et necessitatibus asperiores nihil corporis eligendi vel. Soluta sed dolorum molestiae fugit saepe minima repellat.
Doloremque error vel voluptate at et debitis. Laboriosam odit eos voluptas pariatur amet. Molestiae a ut sed velit rerum qui et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...