Credit Suisse FIG recent exits.. WTF?
https://www.reuters.com/business/finance/credit-s…
credsuisse have lost their global head ofFIG, EMEA head as well as 7 other seniors in theFIGteam...
WTF ??
https://www.reuters.com/business/finance/credit-s…
credsuisse have lost their global head ofFIG, EMEA head as well as 7 other seniors in theFIGteam...
WTF ??
WSO Virtual BootcampsSee all
Popular ContentSee all
Career Advancement Opportunities
October 2022万博app网页版
Overall Employee Satisfaction
October 2022万博app网页版
Professional Growth Opportunities
October 2022万博app网页版
Total Avg Compensation
October 2022万博app网页版
Career Resources
LeaderboardSee all
1 |
|
99.2 |
2 |
|
99.1 |
3 |
|
99.1 |
4 |
|
99.0 |
5 |
|
99.0 |
6 |
|
99.0 |
7 |
|
99.0 |
8 |
|
99.0 |
9 |
|
99.0 |
10 |
|
98.9 |
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Comments (8)
Well CS's share price did dive so bankers are cheap to hire (their deferred comp is now lower than usual) from there and they all expect low bonuses this year giving them one more reason to leave. Jeffs pays mostly cash from what I hear which is great not to be tied up with stock (uncertain value) - sure their cash comes with clawbacks but effectively the same vesting as shares.
I mean we also don't know team dynamics. If junior are tied to a head and they like thier boss no reason to not continue your career with a person.
I don't think it's a surprise. They jumped from a bank that isn't doing too well recently to a bank that is upward trajectory. Also,Jefferiesusually has great packages for the senior bankers they hire and they also pay all cash versus a deferred component atCS. Like the other comment mentioned,CSstock performance is pretty bad rn.EvenDB'a Stock is doing better. Plus, I believeFIGseems to be worse hit because they deal with financial institutions and those were the ones that caused the problems (archegos, greensill etc) not saying it was IB's problem but still very bad optics and optics matter inIB.
Curious on Jefferies progression by title, actually. Does anyone know the typical title bands? For example, ANL 2 years, ASO 3 years, VP 3 years, DIR ~3+ years, MD, put out to pasture?
They don't have directors. They call them Senior Vice Presidents but yes that's correct.
I used to work at JEF - very "up and out" at the SVP level. Seen a ton of SVPs get pushed out if they don't make MD, not sure if that's consistent across the street. Not as many homegrown MDs as other banks.
bump
Laborum placeat est laborum minus quidem. Asperiores magni cum rerum nulla fugit laboriosam suscipit. At et non dolorem. Qui tempora error ipsam rerum.
查看所有评论- 100%免费的
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus:6 financial modeling lessons free($199 value)
orWant toUnlockby signing in with your social account?