+11 This sounds like a bad case of coping. Truth is market hasn't been easy for a long long time (if it ever was) and has always required PMs to constantly adjust and adapt. MMPM
+11 I'm RE guy who wanders into the HF forum sometimes, but you'll also certainly get good quantity and quality moving this to the RE forum. kylejackson
+11 Beyond a baseline of technical competence (which isn't that high; this isn't rocket science and you're expected to learn a lot on the job), so much of hiring is fit, not knowledge.  CRE
+11 Broad process, sponsors, strategics, SWFs, etc. Sarvey Hecter
+11 Not necessarily (I'm 12 years in). A bank with a brand name also carries a lot more pressure to win deals and your ability to be seen as a truly outstanding banker is much harder. Count WACCula
+11 Sir, we don’t do deal here Sincerely A UBS junior Prospect in IB - Gen
+11 In Asia, UBS is like JPM tier for M&A In the US, it’s like Tobin & Company tier  Intern in IB - Gen
+11 Literally nothing will change lol. Everyone’s freaking about how Zohran wants to raise taxes, when NYC income tax is set by Albany.   Analyst 2 in IB - Gen
+11 I highly doubt it. Most associates cannot spot a right from a wrong or a complete from an incomplete answer even if it’s in front of them. The partners need assuring that the model doesn’t hallucinate etc.  VP in PE - LBOs
+11 Try to get the answer right Analyst 1 in IB - Cov
+11 Few comments below thx. Tier 1: PJT, EVRTier 2(a): HL, MOE, LAZTier 2(b) PWP, CVP, GUGG Analyst 2 in IB - Restr
+11 VP1Big 5 Canadian in NYCProduct group$250k base + $250k bonusStrong group and firm performance VP in IB - Gen
+11 a lot of it is the expectation that the deal team turns over every single possible rock (or pebble) in diligence, which can require hours of analysis / reviews of materials for one little grain of info that may or may not Associate 3 in PE - LBOs
+11 I hope true Americas #6, buys UBS IB Americas and fires all their lazy asses Associate 2 in IB - Cov
+11 I think you need to shift your mindset. Maybe read some Buddhist texts (seriously). I recommend the Dhammapada to start. I've studied them and they will tell you that Life is suffering. Analyst 1 in HF - RelVal
+11 Thought I would give the semi target co-op perspective on this as someone who was fortunate enough to successfully recruit: Intern in IB - Cov
+11 Glad this forum realized that there is no such thing as Non-DEI women. Principal in IB-M&A
+11 Someone needs to audit the IBs books and look at who deciding on bonus structures MDs in the “in” crowd enriching themselves Associate 2 in IB - Cov
+11 Yes - margins will be tough for the next ten years. You won’t be able to make money investing without a good thesis or edge. I’m doubtful we will ever return to the glory days low interest rate years ever again. patrick_bateman_
+11 LARP Partners  Intern in IB - Cov
+11 I felt sicken reading some of the content of the emails. I hope everyone goes to jail even Trump if he's implicated. NewIndustryHorizon
+11 Threads like this always crack me up. Half the definitions of “cultured” in here just sound like code for “grew up rich.” TLBandChill
+11 Bump - turns out he’s just a degenerate rtard who never hedged. Has legit insider info alpha pool yet still couldn’t take advantage. Who would have thought.  youthBlaze
+11 People just love to find anything other than themselves to blame for their miseries and skill issues. skdkcnc198456
+11 Prestige doesn't pay the bills. A founder of a decent-sized random LMM PE firm makes multiples of most public MF PE partners because of higher ownership and upside. Associate 2 in PE - LBOs
+11 Go back to no VP promo with ur receding hairline from stress debating 2032 Capex only to lose every process you’re in and still make less cash than me (who used Claude to spread comps in 30 seconds) Associate 1 in IB-M&A
+11 Yes agree on that. Also way too sweaty for level of exits / pay, not worth it. Associate 1 in IB - Cov
+11 "Why are they not following the naming convention of my arbitrary tier list 😡" Gold-ManSacks
+11 "rogo this, rogo that" all i heard this summer - we are so cooked. postmba
+11 Because you need to have a 4.0 gpa and recruit three years in advance to even have a shot at landing these jobs.  Associate 1 in IB - CB
+11 I’m a guy and I cried at least 2 times a month when I was there. People at UBS aren’t treated like human beings and my life has improved so much after leaving. Analyst 2 in IB - Cov
+11 I am talking about M&A deals or maybe lead ECM roles where you contribute to the S-1. FIG just does the same internal credit memos as "deals" that they only win because of balance sheet and a strong LevFin franchise. Analyst 1 in IB - Gen
+11 You’re not wrong, there is definitely something changing, but it’s not as simple as “AI = less work.” Kevin W.
+11 Man you really are trolling. You know that if I search up your webpage I see it mentioned 3 times in the last 2 days and no where else right? VP in IB-M&A
+11 ban this kid Associate 2 in IB-M&A
+11 Congrats on UBS Sharky286
+11 We yes WE are all reneging our EB offers to join UBS TMT wuandale33
+11 If you give up and start moping about how sorry you feel for yourself, then you’re totally fucked and no one can help you. Partner in RE - Comm
+11 pretty sure if you can rub alexia and stefhaniye feet you get an interview for this sorry ass bank hahahaha ravinder1
+11 He doesn’t give two effs about gender quotas and straight up told Citi management that he won’t enforce them. Pick either performance or virtue signalling. No more handouts Executive Director in IB - Cov
+11 How none of you have clocked the obvious fact that this is AI generated is beyond. No normal person talks or types in such a refined yet deeply uncanny and meandering manner titoofosu
+11 Do you guys have any clue how PE fundraising and LP bureaucrats work? Principal in PE - LBOs
+11 Will address your points and add some additional color commentary here, as there appears to be a lack of actually helpful information. Finance Bueller
+11 Ngl gang this is the gayest post ive ever seen thegreatspoofing
+11 Analyst 1 in IB - Gen
+11 Say my name slowly and see if you notice anything. Dr. Rahma Dikhinmahas
+11 As someone who left IB/PE after 4 years for corporate making peanuts and seeing all your numbers, it makes me fucking depressed tbh. You all are insane Associate 2 in IB-M&A
+11 Just some temporary cyclicality. It'll sort itself out over the next 10-20 years. Quant in HF - Other
+11 Yeah it's great someone can be roofied, raped, racially attacked and have their family threatened to be deported by ICE!  Don't expect anyone to believe you when the same happens to you. Prospect in IB - Gen
+11 They do fine, and if your friend was able to get the offer from Moelis, he should be well aware of what's up with the firm and should also have one of the best opportunities that could be provided to an analyst. Analyst 1 in IB - Cov
+11 elliot cadih
+11 To add some of my own thoughts to start it off:  CRE Mamba
+11 Same here. Can you refer me? Analyst 2 in IB - Gen
+11 I've been saying this for years on WSO, and usually get monkey poop for it, because PE is supposed to be some promised land, and no one wants their bubbles burst. earthwalker7
+11 Birkin bag ($150K total comp btw) basednontarget
+11 has anyone actually confirmed that meal stipends are going away? seems like misinformation Analyst 1 in IB - Cov
+11 I had multiple offers and choose UBS. I regret that decision every day and it haunts me Analyst 2 in IB - Gen
+11 The  pros for UBS are slightly better exit opps and slightly better brand (they’re known as a BB, wells is not), but the gap is narrowing for both. RBOB_squarepants
+11 Very accurate write up, especially the split of responsibilities between the consultants (who run / create all the cash flow stuff (13 week etc) among other things), counsel and opportunistic investors. Great read. Managing Director in IB - Restr
+11 Malcolm Gladwell writes about this outliers I think. Analyst 1 in IB-M&A
+11 I typically let him have a go on my wife. Associate 2 in S&T - Comm
+11 📉📉📉📉 Associate 1 in IB - Gen
+11 GS having almost 2x lead over JPM and MS is just nuts. Best IB platform and it is not even close Analyst 1 in IB - Cov
+11 I read this as Why do Jefferies bankers give STDs? That is also a question rooted in fact  Managing Director in IB-M&A
+11 Northwestern by far. You’re gonna get a lot of Michigan students glazing in this thread but a private t10 school is always better than a top state school Analyst 1 in IB - Gen
+11 I developed luxury MF on the West Coast / Silicon Valley from 2010 - 2016. odog @digitalimmortality.com
+11 Analyst 2 in IB - Cov
+11 Software investor (actively fleeing after spending too much time on AI not to). I disagree with 2/3 of your position.  VP in PE - LBOs
+11 The banker in you wants to find the one quarter that could reverse that narrative. Good luck! Analyst 1 in IB - Cov
+11 All depends on who you work for and the sector you cover. I've been doing equity research for over 5 years since I graduated from undergrad in a good sector for a reputable firm. research_guy
+11 Prospect in IB - Cov
+11 The Jews are the only socioeconomically privileged group that acts with group solidarity to promote their interests. It is unacceptable to even point out that you are not allowed to point out this privilege. Works at Citadel Investment Group
+11 As a macro investor, I developed market wisdom through study and practice. Burke
+11 Nobody has done this after the age of like, 14. Putting it in WRITING in the big year of 2026 is extremely low iq behavior don’t tell on yourself bro lmao Analyst 2 in IB-M&A
+11 Hey man, that genuinely sucks and I’ve had similar experiences. I don’t have a cheat code, but I will say fuck them. tfgf
+11 derivatives trading keeping global banking afloat  Analyst 2 in IB - Gen
+11 I've always found it impressive, without exception, when someone rises to the top after starting from some of the toughest places imaginable. GS under Blankfein
+11 Because this industry is an endless dick measuring contest and you will find yourself extremely unhappy if you compare yourself to others instead of where you were 5 years ago SheRideOnMyPIK
+11 So many things are wrong with this. Dyal in S+? Deutsche in A tier? Also why is UBS getting compared to a human turd, they are don't deserve that much praise unknown4234
+11 Jesus this is sad to read but know so many losers in the industry that fit this mold to a T. UBSRising789
+11 I mean honestly the UBS Americas is failing but PWM and bank as a whole is doing fine  Associate 1 in IB - Cov
+11 Literally everyone should be documenting via emails to themselves/others on the network and printing them out. Always be covering your ass. Analyst 1 in IB - Cov
+11 Feels a lot of ppl on this forum are a bit too idealistic and somehow a bit irresponsible when trying to persuade 1st year to unionize. eatbanana1234
+11 The risk of slacking and doing minimal work is much lower than publicly unionize. Only risk is 0 bonus, but so what. Why care abt 30K post tax bonus when you are making 350K in 2 years? eatbanana1234
+11 It’s illegal to retaliate   Associate 1 in IB - Gen
+11 Lmao did this really happen? Have heard nightmares of M&Ts culture which I thought used to be good but apparently not the last year or two? What changed? Analyst 1 in IB - Gen
+11 I believe this former television personality and modest business owner/operator has mentioned it a few times recently - Analyst 3+ in HF - EquityHedge
+11 You don't know what slavery is. This is just exploitation.  DTOWN34
+11 Why do people write in this retarded pseudo profound linkedin staccato now? It’s like reading a thriller novel for people with the attention span of a goldfish. Analyst 2 in IB - Cov
+11 Rothschild has a lot of potential in the US but has done almost nothing to improve over the past few years.  Associate 1 in IB-M&A
+11 Personally really enjoyed the analogy here Analyst 1 in IB - Cov
+11 Here's a thought experiment: Has anyone in the industry seen lifestyle get "easy" over the past 3-6 months as AI tools have ramped? I sure haven't.  Principal in PE - LBOs
+11 Went to a target and got a bullshit degree. At the last minute I realized it would not land me a good job, so I started applying via OCR on my campus. Smoke Frog
+11 I'm really glad there are 4 ranking threads on the front page of the IB forum today - I almost fell out of the loop on this week's standings Manager in CorpStrat
+11 Congrats on UBS! Associate 1 in IB - Gen
+11 Can't answer 2 as not in L/S equities so have never thought of the words gross or net. PM in HF - Macro
+11 I actually lateralled after half a year of my analyst stint, rather than during my SA. I'm assuming you're asking about how to FT recruit during your SA experience. johnb2001
+11 I have no excel and I must LBO sasha_j24
+11 I’ve been in several corporate environments and UBS is by far the worst managed of them all Director in IB - ECM
+11 Grass is always greener... sounds great until you work 80 hours a week in residency making 60k a year Associate 2 in IB - Cov