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The Clawback Crackdown: What California and New York’s New Laws Mean for Investment Bankers

The Clawback Crackdown: What California and New York’s New Laws Mean for Investment Bankers

by meridith dennes | Feb 10, 2026 | Compensation Trends, Interviewing, Lateral Recruiting

Sign-on bonuses, guaranteed compensation packages, relocation stipends, deferred payouts — these are the building blocks of investment banking recruitment and retention. They’re also squarely in the crosshairs of new legislation in California and New York...
The Investment Banking Pre-Flight Checklist: What to Prepare Before Your First Recruiter Conversation

The Investment Banking Pre-Flight Checklist: What to Prepare Before Your First Recruiter Conversation

by meridith dennes | Feb 7, 2026 | Interviewing, Lateral Recruiting, Networking

The phone rings. A recruiter has a “compelling opportunity” they’d love to discuss. Before you take that meeting, it’s worth doing some groundwork. The lateral process in investment banking tends to move quickly, and a little preparation up...
The 2025 IB Comp Headlines Are Misleading — Here’s What the Data Actually Shows

The 2025 IB Comp Headlines Are Misleading — Here’s What the Data Actually Shows

by meridith dennes | Feb 6, 2026 | Compensation Reports, Compensation Trends, Interviewing

Follow Prospect Rock Partners for more detailed intel on hot jobs and compensation. If you’ve already been told your year end bonus, we’d appreciate your participation in this year’s compensation study so we can start releasing early market data. This year’s survey...
Reading the Earnings Tea Leaves : The Deals Got Pushed, Not Pulled

Reading the Earnings Tea Leaves : The Deals Got Pushed, Not Pulled

by meridith dennes | Jan 14, 2026 | Interviewing, News

Bank earnings show a Q4 timing shift, not a confidence problem JPMorgan’s 5% year-over-year decline in fourth-quarter investment banking fees was the number that caught everyone’s attention. The stock dropped nearly 3% despite an overall earnings...
Why This Investment Banking Recruiting Cycle Feels Different—And Why Uptiering May Be Harder Than Ever

Why This Investment Banking Recruiting Cycle Feels Different—And Why Uptiering May Be Harder Than Ever

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

The 2025-2026 lateral market is active, but the rules have changed. Here’s what candidates should understand. If you’ve been following the investment banking lateral market lately, you’ve probably noticed something interesting: deal activity is...
Do Tiers Really Matter in Investment Banking? It Depends.

Do Tiers Really Matter in Investment Banking? It Depends.

by meridith dennes | Dec 27, 2025 | Exit Opportunities, Interviewing, Lateral Recruiting, Summer Internships

The tier obsession is one of the most pervasive—and least examined—features of investment banking culture. Walk into any campus recruiting event, scroll any finance forum, or listen to any group of analysts grabbing drinks after a pitch, and you’ll hear the same...
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Recent Posts

  • How Investment Banking Lost Its Perks — and Why the Next Recovery May Not Bring Them Back
  • Why the Lateral MD Hiring Spree Is Your Promotion Problem
  • Pigeonholed, Pivoting, or Stuck? A Banker’s Playbook for Switching Groups Inside Investment Banking
  • What a Below-Market Bonus Does to Your Next Move in Investment Banking
  • The GPA Problem in Finance: Where the Door Is Open and How to Walk Through It
  • How Investment Banking Lost Its Perks — and Why the Next Recovery May Not Bring Them Back
  • Why the Lateral MD Hiring Spree Is Your Promotion Problem
  • Pigeonholed, Pivoting, or Stuck? A Banker’s Playbook for Switching Groups Inside Investment Banking
  • What a Below-Market Bonus Does to Your Next Move in Investment Banking
  • The GPA Problem in Finance: Where the Door Is Open and How to Walk Through It

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