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Investment Banking Lateral Market Update: Offer Terms, Compensation Structures, and What It Actually Takes to Get Hired Right Now.

Investment Banking Lateral Market Update: Offer Terms, Compensation Structures, and What It Actually Takes to Get Hired Right Now.

by meridith dennes | May 14, 2026 | Interviewing, Lateral Recruiting, Networking

The following reflects current conditions in the investment banking lateral market as observed through active search mandates, candidate conversations, and offer negotiations across bulge bracket, elite boutique, and middle market platforms. This update covers the AS1...
How Investment Banking Lost Its Perks — and Why the Next Recovery May Not Bring Them Back

How Investment Banking Lost Its Perks — and Why the Next Recovery May Not Bring Them Back

by meridith dennes | May 5, 2026 | Interviewing, Lateral Recruiting, Summer Internships

Investment banks are having a good run. Revenues are strong, bonuses are up, and deal flow is recovering. Junior bankers’ benefits have been stripped back anyway — and the conditions that might once have forced their return look structurally weaker than before....
Pigeonholed, Pivoting, or Stuck? A Banker’s Playbook for Switching Groups Inside Investment Banking

Pigeonholed, Pivoting, or Stuck? A Banker’s Playbook for Switching Groups Inside Investment Banking

by meridith dennes | Apr 24, 2026 | Interviewing, Lateral Recruiting

A VP2 in FIG at a bulge bracket calls me. Forty billion in deal volume on his sheet. Stacked resume. Top school, top group, top bank. He wants to move to generalist M&A at a peer shop. He can’t get a callback. Not from the banks. Not from the headhunters who...
What a Below-Market Bonus Does to Your Next Move in Investment Banking

What a Below-Market Bonus Does to Your Next Move in Investment Banking

by meridith dennes | Apr 21, 2026 | Compensation Trends, Interviewing, Lateral Recruiting

Every year, M&A bankers at every level — analysts, associates, VPs, Directors, MDs — find out their number, see it is smaller than they expected, and spend the next forty-eight hours refreshing the anonymous banking forums, texting a peer at a competitor for...
15 Students Just Sent Me The Exact Same “Cutting Your Teeth in Finance” Cold Email. Let’s Talk About AI and Networking.

15 Students Just Sent Me The Exact Same “Cutting Your Teeth in Finance” Cold Email. Let’s Talk About AI and Networking.

by meridith dennes | Apr 12, 2026 | Campus Recruiting, Interviewing, Summer Internships

It’s 7:50 AM on a Tuesday. Coffee hasn’t kicked in. Inbox open. And there it is — email number twelve this week from a student who wants to “cut their teeth” in markets and wants me to know, with full confidence, that I “probably...
If, When, and How to Negotiate an Offer in Investment Banking

If, When, and How to Negotiate an Offer in Investment Banking

by meridith dennes | Apr 11, 2026 | Interviewing, Lateral Recruiting

This guide covers the full landscape of investment banking offer negotiation — when to engage, what can actually move, how to read your leverage, and what the realistic risks look like.  The Single Most Important Principle Negotiation is not automatic or universal....
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Recent Posts

  • Why Wall Street’s Summer Recruiting Slowdown May Take This Summer Off
  • JPMorgan First to Deploy AI Bank-Wide as Wall Street Braces for Biggest Workforce Shift
  • The End of the Suffering Premium: AI, Hours, and the Future of the Banking Bonus
  • Investment Banking Lateral Market Update: Offer Terms, Compensation Structures, and What It Actually Takes to Get Hired Right Now.
  • How Investment Banking Lost Its Perks — and Why the Next Recovery May Not Bring Them Back
  • Why Wall Street’s Summer Recruiting Slowdown May Take This Summer Off
  • JPMorgan First to Deploy AI Bank-Wide as Wall Street Braces for Biggest Workforce Shift
  • The End of the Suffering Premium: AI, Hours, and the Future of the Banking Bonus
  • Investment Banking Lateral Market Update: Offer Terms, Compensation Structures, and What It Actually Takes to Get Hired Right Now.
  • How Investment Banking Lost Its Perks — and Why the Next Recovery May Not Bring Them Back

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