+2 Always enjoy reading these massive BofA bonus threads at the end of each year where everybody gets pwned.  SonicBoom12
+2 WLB is absolutely crap. Partnered with them on something and they really go overboard on details and forget to actually spend time on what actually matters. Assist. VP in PE - Other
+2 If you read what I said it says "what" and "why" re exit opps. nutmegger189
+2 So true. 99% of education and corporate jobs are truly bullshit in the age of AI. ojapar20
+2 Why do people keep saying the same shit about MF being commoditized and MM not being so? Is it just cope?It doesn't make any sense. Intern in IB - Gen
+2 It makes you really wonder if bro got suspended for ai why were whatever assignments he had to do not already set up in a way so that regardless if you use ai or not you have to critical think Intern in ER
+2 This is pretty accurate I’m just not sure how short term of a toy it will be. guyfromct
+2 Interesting - you sound very offended yet your rankings aren't far off from mine. Wonder if its your particular fund that I didn't rank highly enough? Not a good look on "VCs" to get so worked up. Investment Analyst in PE - LBOs
+2 Speaking from experience here - I made the move to Dubai in 2018 and honestly never looked back, there is of course higher expenses attached to this such as extorionate school fees, high rent, countless deposits and hidden harry.786
+2 Congrats on UBS! Analyst 1 in IB - Gen
+2 Always has been larry david
+2 Yeah those requirements seem pretty tight. Taxidermy Bird
+2 Hey I have recently graduated with very strong buy-side internships (Private Credit, MM PE, Tier 1 active asset manager) and have consistently been asked in later IB OC interview rounds (2/3) about my pivot to/interest in Intern in Private Credit
+2 You should just have a rough framework in mind. If you’re a sector banker interviewing for a sector PE (same sector) you should definetely have a view. Associate 1 in PE - LBOs
+2 What does quite bad from undergrad mean? C? Banking in the Nordics is also competitive. If you can't get IB, try big 4 TAS or similar group - do 2 yrs, then apply again to a bank.    QuiltEmerson
+2 London with a London target school is already insanely difficult. Like the other guy said, if you go assessment centres you'll find hec bocconi escp kids with internships stacked. Goj5979
+2 Inde Navarrette (chick from Obsession) Singlebysunday
+2 Straightest wso user Singlebysunday
+2 Brunner example is a classic example of the current BoA strategy. Works at Goldman Sachs
+2 hell Throwaway_v.28
+2 2030E PF EBITDA, adjusted for optimism Analyst 1 in IB - Cov
+2 From a VC perspective, early AI governance and compliance readiness signal strong operational maturity. Hanlon
+2 unbelievably insufferable and the worst part is you probably arent even that smart lmao Prospect in HF - Other
+2 Agreed that MO is a real career and is discounted, but this forum exists because FO jobs are so difficult to get and people want a competitive edge. acardboardmonkey
+2 In terms of what I do (again I’m in a IB/CIB group) we are heavily focused on cash flow repayment, collateral coverages (if secured), and covenant metrics.  Analyst 1 in IB - Gen
+2 how are you in year 5 and still sr asc? B School? Associate 3 in PE - LBOs
+2 terra879 odog @digitalimmortality.com
+2 Heard Santander paid ~100% can anyone confirm this? Analyst 2 in IB - Restr
+2 All downhill after gfc Prospect in IB-M&A
+2 How about loving and respectful? lol you must always be the smartest in the room.  VP in PE - LBOs
+2 Thanks so much for the detailed reply – really appreciate you taking the time, especially on mobile. Super helpful reality check and gives me a much clearer picture. Analyst 2 in IB-M&A
+2 i’m guessing the only place where this exists are the small boutiques that don’t have hr departments. i hear the craziest stories from like 50 person firms which are all men Analyst 1 in IB - Cov
+2 Retail/memes has definitely changed shorting in the US. Asia markets always had a bit of that dynamic, but had to pay attention to it a lot. hfanalyst__
+2 Mining is shit Analyst 1 in IB-M&A
+2 My wife (simp alert) larry david
+2 euwdiamond Works at JPMorgan
+2 I work in a solo GP that does pre-seed/angel. So I have no reasons to be offended, this is neither my category nor my stage. I just said I heavily disagree verbatim and this felt like an AI generated comment. Analyst 1 in VC
+2 Seem more like a you issue AK6969
+2 haha buddy "5284" was a joke. Like how one says "Reason #237 Europe VCs suck". It's an arbitrary number to show there's too many funds to differentiate. Can't believe a missed joke is half the reason for your rant. Investment Analyst in PE - LBOs
+2 World is changing faster than ever, sometimes being a generalist helps you approach a sector without the baggage of being a specialist. hfanalyst__
+2 I stated facts: he didn't bring a condom, he circled for $10, he lectured her for 30 minutes, and she kept showing up. You called me insecure and jealous. That's not a rebuttal  that's a deflection. nachocheese
+2 Currently at a London based shop doing acquisitions and understand the feeling - very hard to make deals work at the moment. It’s also a really tough fundraising environment. Works at Prestige Worldwide
+2 I would probably advise myself to do banking, but I probably would have been an arrogant little POS and ignored myself. All worked out well for me, but seen it really not work out for others.  hfanalyst__
+2 interviewed with them FT 26 and it was technical straight off Intern in Private Credit
+2 $2500-2700 a month will get you a good apt in a good neighborhood (assuming roommates). That should be slightly more than 50% of your base paycheck assuming a maxed out 401k as an analyst. trillywonka
+2 For all of you interested, a third write up is live covering latest market dynamics.  LevFin Lab Newsletter
+2 I’m a pretty heavy user of AI to aid research. It’s not quite there on modeling yet, but writing is clearly on the wall. But also, canalyst has existed for a number of years, so not sure it matters all that much. hfanalyst__
+2 Hey not sure if this directed at me, but i'll answer nonetheless. I would say the intellectual challenge and constant desire to learn. med2ib
+2 Tough but not unusual setup. There's a reason why distressed is unpopular amongst allocators. Investment Analyst in HF - Other
+2 Odds of rate hike now are now 55% this year. Market is not moving in the right direction, and assets are still not priced in alignment with where debt rates are. VP in RE - Other
+2 "Can't believe a missed joke is half the reason for your rant. I would say I'm worried about your ability to diligence, but then again you're a pre-seed investor" - so now you resort to insults :) Analyst 1 in VC
+2 Personal reasons lol. I've already lived in both cities and found London to be much more catering to what I need. brtfedd1312
+2 know a banker that volunteers on the board for a children's hospital that deals with serious illness (think Leukemia/ Congenital Disease/ Cancer) Analyst 1 in IB-M&A
+2 Last year, there were waves for R1s. Then, probably 40 - 50 invited to the Superday in June. Could be different this year tho. From what I heard, interviews vary based on the interviewer.  xkz123
+2 If you say you seem mad, do you work at them and you cant DD because you are a pre-seed investor they are jokes, but when I point these comments out and say the list and the justifications for it is inconsistent and poor i Analyst 1 in VC
+2 Unless you're joining a first time fund and/or sole associate at the firm, pretty much no. SaaSChimp
+2 I can't talk to all of the options you're pursuing, but I would suggest looking into the independent sponsor space. StrategyJunkie
+2 Can't forget the Pre-Seed / Seed Founders who think their company has the greatest mission. NewIndustryHorizon
+2 chin up little buddy. moynihan is going to gift you a few more dollars in bofa RSUs because you fall below their threshold of rtotal comp. Then you will have even more RSUs! Associate 2 in CorpDev
+2 You will find a sporadic number of Buffalo Bills fans around here. Giants reign supreme. NewIndustryHorizon
+2 American here so take my opinion on Europe stuff with a grain of salt, but if you want to be in Copenhagen, take the job in Copenhagen, especially since it pays more and will give you more disposable income. Associate 1 in IB - Cov
+2 There are a wide range of seed funds. Many are anchored around a single founding partner, but some have broadened and become more institutional. Primary would be one that's broadened, also Uncork. VC_since13
+2 ASO 1 EM 100k 70/30 Analyst 1 in IB-M&A
+2 Would caution that while Yorkville is now served by the Q you’re at its mercy and many affordable buildings are 10+ minutes from 86th st or 79th. It was a brutal walk to the subway the two winters I lived over there. johnny-mnemonic
+2 I've honestly rarely heard anyone been succesful at (at least in my inner circle) negotiating anything meanginful at the associate (or even VP) level given how much competition there is. VP in PE - LBOs
+2 Worth flagging I'm in later-stage growth, not PE. But on differentiation, for us (and most GE/VC shops) it's access, network, and sector depth. Associate 2 in PE - LBOs
+2 I think you have to first know: which strategy you’d like to be in (if hybrid, it’s like 30% of them go on cycle while the rest off cycle); then which firm, I suggest going firm by firm and list them all out by preference eatbanana1234
+2 So in your view being a judge at the UK Soupreme Court wouldn't be prestigious because he doesn't own a 18th century mansion? lmao  GS under Blankfein
+2 When you’re surrounded with people that make money vs when you’re surrounded with people that lose money. That’s when you’ll realise whether tradings for you. go_ok
+2 Based on what I hear through the grapevine is below: VP in Consulting
+2 Would love to hear your thoughts on the future of global macro and commodities HFs (discretionary, semi-systematic, or anywhere on the spectrum excluding pure quant).  Prospect in HF - Macro
+2 I’ll take it for you. I want the cash up-front and there’s no guarantee I/you pass. Edit: didn’t mean to reply in chain dantheman_1_01_01
+2 Carlyle secondaries is not a competitive process Analyst 1 in IB - Cov
+2 Lol, if this is true, this is very much in line (if not higher if closer to mid bucket) vs. other bulge brackets.  Associate 1 in IB - Cov
+2 No user is wildly misinformed. Have worked at a reputable MM M&A group (WB/HL/Piper) as well as a top BB Levfin group. Nobody cares about this. rolo25
+2 From what I know about Tech, it's closer to 60-70 in normal weeks and closer to 90 on bad weeks. Other mid-tier groups like HC are closer to 80 in normal weeks and closer to 100 on bad weeks. Analyst 2 in IB - Gen
+2 Group and people dependent. Mentorship is really something that ends up happening informally when you work with the same few people commonly on deals. Analyst 2 in IB - Gen
+2 The thing about this development cycle that is fundamentally different than the 90s is the utilization.  There is essentially zero dark comptue nodes anywhere right now. ioncewenttoschool
+2 thank you. In this scenario the draw would replace the discretionary bonus but be "guaranteed" in the sense that I would get the same fixed amount per year, subject to specific clawback schedule if I leave voluntarily. Developer in RE - Comm
+2 If you could tell MV or IB leadership one thing, what would it be? Associate 1 in IB - Cov
+2 I said coverage group not fake group. Sponsors does not do anything and keeps firing juniors. Good luck trying to find another job from a group that does nothing but sponsor books. Analyst 2 in IB - Gen
+2 The biggest question isn't UBS's brand it's whether analysts are getting enough live deal reps during the integration. catherine2
+2 The quality of the PM and senior analyst matters more than whether it's MM or LO. A great mentor can accelerate your learning far more than the platform itself. catherine2
+2 The problem is that Republicans don't tax, they just spend. Ozymandia
+2 xxx N/A in Other
+2 Ask your friends at wells how many got on-cycle offers a few weeks ago, you can also look at exits from last year for both banks and you can see who clearly placed better (even from some groups that would be considered wea Incoming Analyst in IB - Cov
+2 I was in this situation once. It did not turn out well. Get out as soon as possible. Investment Analyst in HF - EquityHedge
+2 You should only mention if they ask. It becomes more important when you’re starting a new process / in the middle of a process and you need to start pushing the pace. Amazon Prime
+2 would highly recommend that everyone recruit out of bofa sooner than later if you plan to work in ib through your VP years. Analyst 3+ in Private Credit
+2 Look at their Q4 release - IB fees were roughly flat YoY. Assuming a slightly smaller headcount from the RIFs… expect maybe a 5% increase from levels last year.  RBOB_squarepants
+2 If you have been working for a while you genuinely should have been learning stuff on the fly through practice and observation Analyst 1 in IB - Cov
+2 Devils AdvocateOr they’ll hide behind throwing monkey shit because they’re too chicken shit to engage.PS: oh look it’s already started CRE
+2 Thank you man. These last few months since August have felt like a living nightmare, I don't sleep anymore because I'm so stressed about the future. Intern in IB - Cov
+2 Cool? So I pay rent in dollars per hour worked then? The restaurant on the corner I can pay based on my per-hour income? My mortgage gets paid in dollars per hour worked?  jl12
+2 GS under Blankfein
+2 Yes and no. In my experience, you can teach analytical fundamental skills to almost anyone. MMPM
+2 this might be a hot take, but it seems like you enjoyed the stability and certainty of banking. Associate 1 in IB-M&A
+2 I think you know the answer to your question lol. Get em next time. Analyst 1 in IB - Gen
+2 I’ve looked at a few of these (e.g., medical bill printing). SaaSChimp
+2 I highly, highly doubt this Works at Morgan Stanley