Background: Looking to enter investment banking post b-school in Los Angeles (strong ties to the city). I'm a 1st year getting my MBA at a school outside Los Angeles but with a strong finance program, slightly outside M7.
Question: Which banks/groups in LA are best in terms of reputation but also culture? Ideally looking for somewhere with less of a focus on facetime and more on being efficient with time in the office. Associate recruiting, as stated above.
I've found some dated info on the forums and I know the basic info (HL RX, Moelis, GS WRA) but looking for a bit more info about the following banks in regarding to reputation/culture:
GS, MS, Moelis, HL, JPM, CS, Citi, BAML, Barclays, Lazard, WF...any others?
(Created a throwaway as my regular user name would give away too much identifiable info.)
Los Angeles: Investment banking on the west coast
The major differences between LA and other regions are probably exaggerated. Pay is usually standard for all geographies, especially for bulge brackets. Culture is largely dependent on the firm and group. However, industries covered will likely be gaming, lodging technology, and healthcare, As far as disposable income, Los Angeles is only slightly cheaper than new york (besides SF which may be more expensive). Another difference is the is the ability to own a car. You'll probably need to own a car if you live in the city of angles or a surrounding suburb.
Working in high finance won't necessarily give you any clout. The big industry out there is, of course, the entertainment industry. Going out will probably be the same as going out NY cost wise.
from certified user @Cruncharoo
I saw an analyst from LA sign their email with "ciao," so that is acceptable out there to give you an idea of the culture