What's the big obsession with PWP here? Seems like there's a huge push to shit on mid-tier BB/EB to hype up this firm? Not even a giant headcount here so is it just a couple of interns or what?
PWP shilling is more annoying than RBC shilling.
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Insecure interns
Exactly. You don't see GS or EVR people constantly defending themselves and shitting on others. The PWPs showing their insecurities is counterintuitive to their constant efforts of upping their "prestige".
Just a passerby (PJT/EVR) with no skin in the game with PWP. You don't see posts like "Is GS no longer a BB", or "Is EVR no longer an EB", which is why their incoming interns/analysts aren't "shitting on others". The amount of misconception about EB's on this site in general is absurd. UG's love to shit post. Also curious what the obsession with PWP is on this forum, what did they do to hurt you?
Hopefully I can squash this once and for all. PWP is an amazing shop per my buddies which yields analyst who want it, PE looks, without all the sweat a Lazard or Moelis requires. Honestly, it's a good place to be and they are mandated on some sick stuff in both M&A and Rx. Sure they're not legacy "elite boutiques", but who gives a fuck. I'd rather work at a good culture spot and still have the same opportunities (even if it requires more effort) than my miserable colleagues at other spots.
Yes, it lacks the old school prestige of lazard or whatever but who gives a fuck? Think about your happiness when considering where to summer / sign full time. I'm not rubbing off to them becuase I literally have no skin in the game here, but the candidates I've seen have been bright and sharp and my fund respects a lot of their seniors quite a bit. PWP is quite active in providing sponser ideas etc which yes, is actually appreciated
Because PWP is right on the verge of EB just like RBC is right on the verge of BB plus both are fairly new to the IB scene. This naturally causes disputes between the people at the bank who want to hype them up and those who think they don't deserve to be there.
Please stop pretending to be an analyst. Your post is embarrassing. I think everyone on this thread, whether they agree PWP is on Lazard's level, can 100% agree that PWP is on another level than RBC. PWP >>>>>> RBC PWP is not new to the IB scene... are you serious? No one is hyping them up but I do see a lot of people bringing them down
Not defending the content of analyst 1's post but are you illiterate?? He's not saying PWP=RBC, he's just drawing similarities between their positions in their respective categories... "Analyst 2"
I don't think there's any similarity at all. The top 6 EBs are all preferable to the mid tier BBs in prestige and exit opps. The only bulge brackets that I would take over PWP are GS, MS, JPM, and that sentiment is shared amongst almost all my peers coming from a target school.
Hahahah this is exactly what I notice around the discussion of PWP - people saying its a top EB and much better than mid-tier BB. PWP isn't even a top 40 bank for M&A on the 2020 worldwide league tables - every EB/BB and many MM are ahead
I've seen people choose Barcap/Baml/Citi over PWP many times at my target. The only hands down better EBs are CVP/PJT/EVR. Moelis/Lazard are the reasonable choice over mid-tier BB but there really is an argument to go either way depending on group.
You sound pretty defensive. I assume you're an intern at Citi or something commenting anonymously. I don't work at any of these places (as you can tell from my username), just relaying the sentiment on campus.
damn. nonchalant/dismissive replies hurt the most and you are bringing out the worst of that anonymous intern's insecurities.
The PWP 50-cent army is coming out in full force on this one.