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Comments (38)

  • Analyst 1 in IB - Ind
Nov 19, 2020 - 12:44pm

Not sure the background behind the exodus but they've had multiple analyst positions posted and HR reached out to me via linkedin about applying, sounds like they need bodies though. 

  • Analyst 2 in IB - Ind
Nov 19, 2020 - 1:13pm

Not the poster above but will confirm I've heard culture has fallen apart over at MoCo. Used to be pretty solid but they lost a lot of junior talent between normal attrition to PE by the second year class and an abnormally high proportion of their first year class leaving early for other shops.

  • Intern in IB-M&A
Nov 19, 2020 - 8:58am

Jefferies is probably the single biggest sweatshop for Houston, but it's also one of the top banks for Houston. 

TPH isn't known as a sweatshop and I am pretty sure they have a big emphasis on time outside office or something too so probably really good WLB.

Greenhill apparently saw its seniors be poached by another bank so its deal flow isn't the best right now. So either they are pitching like crazy and that's why it gets sweaty or they aren't working as much.

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  • Intern in S&T - Comm
Nov 19, 2020 - 12:51pm

TPH seems to be long hours but a good culture. Associate and analyst that I spoke with there were some of the most upbeat people I've ever spoken to over the phone fwiw

  • Intern in IB-M&A
Nov 21, 2020 - 5:22pm

This year they gave returns to 3/5 people. Curious as to how it's been in previous years. Have heard rumors that they have cut the SA 2021 class to about 3 interns. Wondering if they'll give everyone returns then.

  • Intern in IB-M&A
Jun 10, 2021 - 5:54pm

They actually gave 4/5 return offers and then went out and hired 4 more Folks for the summer 21 start (for a total FT 21 class size of 8). Heard business is really booming for Jefferies. They were on the Contango 5+ billion dollar deal this week.

  • Intern in IB-M&A
Nov 19, 2020 - 9:52pm

Interesting. I am surprised they give interns so much work. Do you have any idea about how many hours he worked on average every week?

  • Intern in IB-M&A
Nov 20, 2020 - 12:03am

Growing platform and are definitely expanding their market share during the downturn. I know they've brought a few of their RX guys down from NYC and were able to get an MD from Scotia a couple years ago. Seem like a solid shop with a really good culture but there are probably other threads out there that can give you better insight

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  • Analyst 1 in IB - Ind
Nov 20, 2020 - 2:23am

EVR kids in Houston I know are getting crushed, not sure where this data point is coming from

  • Intern in IB-M&A
Nov 20, 2020 - 6:39pm

don't know about CS but Citi has a big work hard - play hard culture. It used to be a sweatshop (might still be one), but the juniors seem really close, and some might call them fratty. They also have one of the biggest classes (around 10) in Houston which I know for SA 2021 didn't see any cuts, so IMO that's a benefit specially compared to other banks which take 3-4 people.

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