Non target senior here- very strong resume and a strong network. I've had my resume passed on to HR by VPs and Associates of BBs and MMs but I haven't had much luck... my contacts (who aren't really involved with recruiting) are telling me that HR is giving them mixed signals.
Does anyone who are involved in recruiting and/or actually work at these firms know if companies are still looking to fill spots? I know (or pretty sure I know) that JPM, BAML, and DB are completely full; Houlihan Lokey, William Blair, Piper Jaffray, Oppenheimer, Raymond James, etc - pretty much all full.
I'm hoping I have some luck with say, a Credit Suisse or Barclays....anyone know?
BAML isn't completely full. Probably only a few groups within IB are looking to hire though. Jefferies is completely full unless someone reneged or something. Credit Suisse is definitely completely full. There might be a group or two at JPM that had 1-2 slots open but they recently filled the only opening in one of the groups that was looking.
DB is a no go. I think Barclays might be done but I'm not positive. Their offer rate was lower this year if I remember correctly. UBS is almost definitely full as their offer rate was obscenely low and they've been firing analysts.
Pretty bad year to be trying to break into IB.
Edit: this is all NYC
Do you know which groups are still open at BAML? Also, Lazard's site says the deadline has passed fr applications, should/could I still submit?
That would be the deadline for applications from candidates who are not applying through an on-campus resume drop. I can confirm that they are still interviewing. Your best shot is to find a VP or higher who can pass on your resume.
Similar situation here. HL is full.
I'm focusing mainly on MMs/boutiques - anybody know who's hiring?
Are you all only talking about NYC offices? I've definitely heard from several people who are currently interviewing and have superdays with Jefferies, Lazard, HLHZ, and Piper Jaffray, but not in NYC offices.
^ Yes I'm talking about all NYC offices. Are you sure your friends aren't interviewing slots that might not even exist? (Firms do this to maintain school relationship).
It's so tough...
It happens, sadly.
Lazard, Centerview, Evercore are hiring. Especially Centerview and Evercore. Get at it.
I gotta say - this is a pretty depressing thread. Keep hustling - if you're qualified you'll get your chance.
Sad to say but I don't think it's the case anymore. A lot of qualified candidates will be left with nothing... or no name boutiques out of undergrad
To the OP, while I can't comment on specific banks' hiring, it's a crappy market for M&A right now, deals are the lowest they've been since 2009, and things aren't going to be making a quick turnaround anytime soon. You just have to gird your loins and bite the pillow. But if you keep at it, something will happen for you.
I go to a semi-target, and I know that Nomura, among other foreign banks are hiring more. There are some banks in emerging markets such as Brazil, India, China that are hiring non-stop, so try to set your scopes internationally. You said you were from a non target, so it might be more difficult, but even if you have to take a MO job, it's better than nothing. (BTW, Risk is actually really great)
Pretty sure Nomura is getting out of i-banking in the US...
Nomura isn't hiring. My MD's good friend is head of America's IB. They're cutting everywhere.
DB's tech group in SF is hiring though.
Goldman Sachs is always hiring, if you are good that is.
I heard HL restructuring LA headquarter hasn't started recruiting yet last week....
Mizuho America's CEO was on bloomberg last week saying they are hiring..
so desperate. why don't you get off the computer and start cold calling and knocking on doors
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