Post Tagged with: "Junior bankers"

Junior bankers caution against moving to private equity
by / on 07/12/2017 at 11:15 / in The Review

Junior bankers caution against moving to private equity

If you’re an analyst or an associate in an investment banking division (IBD), you almost certainly want to move into private equity. Given private equity funds’ notoriously long interview processes, you may even be interviewing already in preparation for a move in 2018. Be warned, however. Junior bankers who’ve already broken out into PE say the industry isn’t all that […]

Read more ›
This is why some junior bankers make MD and most don’t
by / on 30/10/2017 at 14:00 / in The Review

This is why some junior bankers make MD and most don’t

There are two types of juniors in banking: those who see the big picture and those who just grind it out with their noses to the screen. Guess which makes managing director (MD)? Not the second. When I was an MD at Goldman Sachs, I saw these two types of associate all the time. You had some who were sitting […]

Read more ›
The growing London buy-side firm targeting junior bankers
by / on 04/07/2017 at 14:00 / in The Review

The growing London buy-side firm targeting junior bankers

If you’re a junior investment banker looking for a move across to the buy-side, there’s a new player in town that continues to poach from bulge bracket firms in London. PSP Investments, the private debt fund of Canada’s Public Sector Pension Investment Board, is building out its London operation as it looks to grab a bigger slice of the European […]

Read more ›
12 ways junior bankers mess up their job search
by / on 28/06/2017 at 13:30 / in The Review

12 ways junior bankers mess up their job search

While investment banks start to welcome the new class of summer analysts, those with a few years’ experience under their belts may be looking for their first lateral move. So-called ‘first bouncers’ venturing into the job market – either by choice, or by force – still face intense competition for places. This is how they can slip up. 1. Being arrogant […]

Read more ›
“I worked for Moelis & Co. The hours there were brutal”
by / on 09/02/2017 at 13:00 / in The Review

“I worked for Moelis & Co. The hours there were brutal”

Moelis & Co. has hit the big time. The boutique M&A advisory firm, founded in 2007 by ex-UBS and DLJ rainmaker Ken Moelis, is a boutique no longer: it’s seen off far bigger banks to work on the world’s largest ever IPO – of Saudi Aramaco.  And it did so despite having only 650 employees in total.  Big banks don’t break […]

Read more ›
Junior bankers haven’t had a pay rise for a whole decade
by / on 27/09/2016 at 21:30 / in The Review

Junior bankers haven’t had a pay rise for a whole decade

Everyone knows that junior bankers – analysts in investment banking parlance – earn a lot. Where else will you get paid £66k in your first year out of university and six figures (sterling) two years later? However, what fewer people know is that investment banks haven’t hiked pay for their juniors for at least ten years. Over the past ten years, total compensation […]

Read more ›
Are J.P. Morgan’s junior bankers happier than Goldman Sachs’?
by / on 25/09/2016 at 13:00 / in The Review

Are J.P. Morgan’s junior bankers happier than Goldman Sachs’?

J.P. Morgan and Goldman Sachs have much in common. Both are indisputably tier one investment banks. Both attract interest from impressively credentialled students. Both have made efforts to improve the working lives of their analysts and associates. For the moment at least though, the J.P. Morgan juniors we talk to seem more content than the juniors at Goldman Sachs. “I have the […]

Read more ›
9 things every junior investment banker needs to know about working in private equity
by / on 09/02/2016 at 10:01 / in The Review

9 things every junior investment banker needs to know about working in private equity

Junior investment bankers don’t go into the industry for the glory. Those days are behind us and most are posing existential queries about life, career and purpose now more than ever. A typical investment banking analyst or associate has a few options: continue on as a career banker; join a private equity firm or a hedge fund; sign up to […]

Read more ›
The 10 worst career decisions that junior bankers make
by / on 25/01/2016 at 11:05 / in The Review

The 10 worst career decisions that junior bankers make

Everyone makes blunders early on in one’s career, even those professionals who eventually rise to the top. Here are the most common lapses in judgement and just plain-old poor decisions that junior bankers make. 1. Playing favourites with managing directors More specifically, focusing on one single MD – this causes you to limit your exposure and get pinned into a single […]

Read more ›
“Know what? Junior bankers today want more than the money”
by / on 10/11/2015 at 12:03 / in The Review

“Know what? Junior bankers today want more than the money”

So, Goldman Sachs is making analysts’ lives less boring, promoting them faster, and allowing them to rotate around different jobs in their third year.  About time. For all the talk about analysts in investment banks earning a lot of money, the money doesn’t compensate for the lifestyle. I originally wrote this as a response to Jenny Anderson, the Quartz reporter […]

Read more ›