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Also in 2006, it was much more prestigious to work for “Banc” of America over “Bank” of America… lolol
Banc of America Securities used to be out of the Solow building overlooking Central Park - I visited an alum there.
Wild. Had a neighbor on my block who got laid off by Bear Stearns during the tech bubble, a cousin who lost their job with Lehman Brothers going bankrupt, and a close family friend who was a recent banker at CS (not at UBS so I assume he also got laid off).
Was this all pre- EVR, CVP, LAZ, MOE, PJT?
Yup, in 2005 only Lazard existed of mentioned
and evercore
PJT technically used to be "Blackstone Group."
Know of an ex PE guy who used to be at Blackstone in the early 2010s. From my understanding, getting a job there was probably as hard as getting a GS IBD gig - maybe even harder. They didn't really do any headline 'deals' but had a lot of credibility in terms of buyside recruiting. All his coworkers who exited within high finance left to top PE / HF funds.
PJT is technically BX.
Was EVR a middle market bank at one point? How about Jefferies?
Jeffries was on the next page at 26. Evercore was 42.
How did CVP come up
Interesting, Piper was always a solid bank even back in 2006. Somehow from reading this forum, you’d think it was an up and coming mm that could be top 25 one day because of all the acquisitions they’ve made of other firms
CIBC is what is now Oppenheimer? I'm reading their history online and am a bit confused. It sounds like what is now CIBC spun off their advisory arm+other groups into what is now Oppenheimer?
Also, interesting to see names like BBH and BNY who retreated from the advisory space since '08.
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