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This recruiter has been emailing tons of analysts trying to get them to interview for this place that is horrible.

Not horrible in the deal flow sense, I’m sure they work on plenty of LMM deals but culturally this is one of the worst places you could ever work. They’re notorious for treating their analysts like crap. Just look what they did earlier this year, they were so shortsighted that they fired numerous analysts and pulled internship offers from kids that had them for almost a year. They can blame it on Covid but knowing this place they probably did it to avoid paying bonuses to make their seniors a quick buck.

Now look at them as they scramble to hire analysts 3 months after lay offs. How about you give the kids you took an offer from a shot at a full time position instead of trying to poach people from better banks?

Says a lot when most firms realized this was probably going to be a quick recovery for M&A and didn’t want to be caught on the other side without enough hands on deck but they decided to quickly fire analysts and interns. Didn’t hear of any seniors losing their jobs only junior talent.

Bottom line, go here as a last resort. This place is absolutely miserable culturally and given they’re hiring 3 months after laying people off says a lot...

 

To clarify the above, no I am not at BGL or going to BGL, not was my offer rescinded. I am at a top MM shop. I went to a Midwest school and know a good amount about this place

 

Also know someone who did an internship in the CLE office as well so definitely did not cancel it.

 

Not all but there were internship offers rescinded and a ton of junior bankers let go. They pushed out the start date for incoming analysts to September

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