Frattiest Banks on the Street

Analyst 1 in Acct - Audit

Interested in learning about what banks have the best bro culture and have studs who were in Greek life during college

Comments (105)

  • Business School in IB - Gen
May 19, 2020

Heard second-hand that PJT M&A can be pretty fratty/chill, as well as certain groups at BarCap (TMT comes to mind). Feel free to correct me if I'm wrong. Note that these were said as positive factors, not negative

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  • Analyst 1 in IB - Gen
May 19, 2020

PJT is not WASPy at all... pretty diverse.

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  • Business School in IB - Gen
May 19, 2020

Respectfully, I never said that they were WASPy. As someone accurately points out below, there is a difference between fratty and WASPy :)

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  • Prospect in IB - Gen
May 19, 2020

Citi

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May 20, 2020

yes

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  • Analyst 1 in IB - Ind
May 22, 2020

was asked "how many times a week you go out" in my superday

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May 24, 2020

True. I was asked in the interview by the head trader:

  1. "How often do you have sex?"
  2. "Do you do drugs?" I replied no. He told me that I should.
May 24, 2020

Did he actually say that you should?

  • Prospect in IB-M&A
May 19, 2020

MS

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Controversial
  • VP in PE - LBOs
May 19, 2020

There's a difference between dignified, Ivy League fratty and boorish, racist, antebellum non-target fratty.

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Funniest
May 19, 2020

dIgNiFieD IVy LeAgUe FrAtTy

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  • Intern in IB - Ind
May 19, 2020

lmao my nigga go to a third world country or something, I'm sure in your head what constitutes a 'dangerous neighborhood' is one where there's only used BMWs instead of new ones. I can't imagine being this separated from reality.

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May 19, 2020

yeah I rushed a frat for the "dignified" memories

May 20, 2020

I'm sure all those dignified Ivy League frat guys hang out with black people all the time....

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  • Intern in IB - Ind
May 19, 2020

MS is not fratty at all lmao

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  • Intern in IB-M&A
May 19, 2020

del

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Most Helpful
May 20, 2020

Ehh, there's a line somewhere between wanting to work in a WASPy group and getting melodramatically "sick to stomach" from not seeing white dudes on the stage at an event. Reel it in a bit intern.

"Millionaires don't use astrology, billionaires do"

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May 19, 2020

Have often heard this comment about certain groups at CS. Hard to say that an entire bank is the "frattiest" considering the frequent cultural differences between groups.

Array

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  • Intern in IB - Gen
May 19, 2020

Big UVA presence may be why

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  • Intern in IB - Ind
May 19, 2020

Barclays 100%, also tons of MM

  • Associate 3 in IB - Gen
May 19, 2020

Jefferies

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May 19, 2020

A little removed from "the street" but probably Stephens.

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  • Intern in IB - Ind
May 19, 2020

also suntrust

  • VP in PE - LBOs
May 19, 2020

Daddy Morgan

  • Prospect in Other
May 19, 2020

Barclays Houston

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  • Intern in IB - Ind
May 19, 2020

NYC too honestly

  • VP in PE - LBOs
May 19, 2020

Number 1 employer of UT SAEs

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May 20, 2020

Hard disagree...
met the whole BarCap team during recruiting...did not get that impression at all; just super chill, easy to chat with fellas (and a couple nice ladies).
While I admit the group is WASPy, one of their incoming summers is Indian American.

  • Prospect in IB-M&A
May 19, 2020

also nomura

  • Intern in IB - Ind
May 19, 2020

multicultural fratty?

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  • Prospect in IB - Gen
May 19, 2020

DB levfin, regl, sponsors

  • Intern in IB - Ind
May 19, 2020

fratty as in we partied too hard, got fined/probation and had to sell a satellite house to stay afloat but can't get kids to rush anymore?

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  • Prospect in IB - Gen
May 19, 2020

Shouldve seen this one coming

May 19, 2020

In my experience being in a fraternity has helped minimally in my career as far as networking. Less of an old boys club than you think. Can barely name any who even went into IB but plenty who studied finance. And I went to a semi-target

  • Intern in IB-M&A
May 19, 2020

Does fratty mean all white?

  • PM in CB
May 19, 2020

Hey! we had a black guy in our frat, super diverse

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  • Prospect in IB - Gen
May 20, 2020

I think there is one Indian guy in mine

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  • Analyst 2 in IB-M&A
May 19, 2020

Moelis and HL

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  • Analyst 1 in IB - Ind
May 24, 2020

deleted

  • Intern in IB-M&A
May 19, 2020

What's the most diverse bank?

  • Intern in IB - Ind
May 19, 2020

JPM

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May 19, 2020

Any BB will have diversity in representation I feel they all stress it

  • Analyst 1 in IB - Gen
May 19, 2020

GS, JPM and Barclays. Citi in S&T.

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  • Prospect in 
May 22, 2020

Evercore seems p diverse from what I've seen

May 19, 2020

Any comment for London? @Pan European Monkey

Array

May 20, 2020

Depends on the group/bank + being fratty here doesn't really exist per say, people tend to hang out based on where they are from. UK teams are usually a group of quite fun people.

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  • Intern in IB-M&A
May 21, 2020

The London equivalent of what OP is getting at is your kind of St Pauls/ Harrow -> Oxford, plays rugby, summers in the Cote d'Azur type

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May 23, 2020

Bump

  • Associate 1 in IB-M&A
May 19, 2020

Moelis if you're an associate. The analysts get crushed, and so do the associates, but the stories I've heard are fucking nuts - just off the wall nights out, great bullpen, Vegas trips and a fratty atmosphere. Even during recruiting, they were one of the only firms to bring a full bar to their firmwide, and they held an invite only at the R&T.

Honestly a bit jealous - headed to another EB and very happy, but the Moke bros can't be beat.

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  • Incoming Analyst in IB-M&A
May 19, 2020

AFAIK, the analysts are like that too, minus the traveling because no free time like you mentioned.

  • Business School in IB - Gen
May 19, 2020

Is this for LA or NYC? I would imagine the Vegas trips are for the LA guys, although R&T is literally right in front of their NYC office. Either way, sounds litty though

  • Analyst 1 in IB-M&A
May 20, 2020

what's the R&T?

  • Business School in IB - Gen
May 20, 2020

Racquet & Tennis Club of NYC

May 19, 2020

William Blair

What's the point of having fuck you money, if you never say fuck you

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  • Intern in IB - Gen
May 19, 2020

+1 here. One of the frattiest of the banks I recruited at.

  • Intern in IB-M&A
May 19, 2020

What makes a bank fratty? Are the guys who work there former D1 and frat guys or do they party hard and expect the work hard play hard mentality ?

  • Business School in PE - LBOs
May 19, 2020

Im not sure any bank is fratty anymore. In my first year as an analyst MDs used to ask on monday mornings who got laid the weekend prior and you shared your war stories in detail. All that has ended. The kids coming in from frats today don't really go that hard. Playing an hour of beer pong in the office on a friday before leaving doesn't make you fratty lmao

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  • Intern in IB-M&A
May 19, 2020

Is it weird if an analyst doesn't drink at all?

  • Business School in PE - LBOs
May 19, 2020

If you're a girl you can do whatever you want anywhere incl. not drink. If you're a guy BBs are super professional environments so you don't have to. I cannot opine on EBs/MMs

  • Prospect in Other
May 19, 2020

bro just ask which banks have the most white people, no need to hide the fact that u don't wanna be surrounded by minorities

  • Prospect in IB - Gen
May 19, 2020

The minorities are quaking rn

  • Intern in IB - Ind
May 20, 2020

maybe land a job before you start speaking :)

May 19, 2020

Fratty not always white. In fact the simplest example of fratty is Ed Chen from Silicon Valley

May 20, 2020

Don't forget about Ed Chambers

Array

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May 20, 2020

jared silicon valley

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  • Associate 2 in CorpDev
May 21, 2020

Lol go on trying to fit in mate

May 21, 2020

?

  • Intern in Other
May 20, 2020

I heard Lehman can be pretty cool. Don't @ me though

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May 20, 2020

Tobin & Co - welcome, dont @ me

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May 20, 2020

FT Partners is pretty fartty. I love it though. Always great to hang out with the bros and girls at work and afterwards at the parks and clubs (including London, SF and NY).

Most analysts go as a group to all of the events in the town that would be exciting. Office also gets pretty crazy at times with everyone from the analyst to the Ds playing loud music at times.

I think you know what I am doing.

May 20, 2020

Based on all of the other posts, I'm assuming I will get Morgan Stanley, right?

I think you know what I am doing.

  • Analyst 1 in IB - Ind
May 20, 2020
richard_3:

FT Partners is pretty fartty. I love it though.

I'm sure you do love how farty FTP is

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May 20, 2020

No comment on that. Depends on who you are around. My gym clothes can get pretty stinky and stink up my office so some people might think I have a problem.

Good attention to detail, friend.

I think you know what I am doing.

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May 20, 2020

Moelis, Citi, and Barclays come to mind. Would also say that most middle markets are very fratty.

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  • Intern in IB - Ind
May 20, 2020

Citi/Barclays are the frattiest BB, some groups at BAML and 1 in particular at JPM are also relatively fratty

  • Intern in IB - Ind
May 20, 2020

Headed to Citi/Barclays. I found BAML and GS to be the frattiest, but maybe that was just because of my school.

  • Associate 2 in CorpDev
May 21, 2020
Comment
May 21, 2020
Comment

Finance Data Science

  • Intern in IB-M&A
May 22, 2020
May 22, 2020
May 24, 2020
Comment

I think you know what I am doing.