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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...
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....
How to Turn Down a Job Offer in Investment Banking Without Burning Bridges

How to Turn Down a Job Offer in Investment Banking Without Burning Bridges

by meridith dennes | Apr 9, 2026 | Interviewing, Lateral Recruiting

Every banker, at some point in their career, will need to exit a process or decline an offer. It is one of the most routine yet most poorly handled moments in professional life. Done well, it preserves a relationship that may matter significantly later in your career....
The VP3 Wall: Why the Level Before Director Has Become a Tough Lateral Hire

The VP3 Wall: Why the Level Before Director Has Become a Tough Lateral Hire

by meridith dennes | Mar 21, 2026 | Interviewing, Lateral Recruiting

Let's be clear about something upfront: VPs are among the most desirable lateral hires in investment banking. VP1s and VP2s move constantly and with relative ease. They're senior enough to hit the ground running, junior enough to develop, and priced at a level where...
Show Me the Money (That You Can’t Touch): How Deferred Comp Separates Real Performers from Posers

Show Me the Money (That You Can’t Touch): How Deferred Comp Separates Real Performers from Posers

by meridith dennes | Feb 28, 2026 | Interviewing, Lateral Recruiting

Part 2 of “Calling Your Bluff” Series In our last post, we talked about the art of the humble flex—those subtle signals that separate actual top performers from people who just claim to be in the “top bucket.” But here’s the thing: even...
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Recent Posts

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  • What’s the Big Deal About Having Closed M&A Deals?
  • Record Profits, Deeper Cuts: Where Wall Street Is Actually Shrinking in 2026
  • Lazard’s Not So Quiet Signal: Why Senior Bankers Everywhere Should Be Paying Attention
  • Every Exit Has a Story: Navigating RIFs, Voluntary Departures, and Terminations in Investment Banking
  • The Class of 2029 Investment Banking Recruiting Guide: Bank-by-Bank Timelines, Deadlines, and Strategy for Summer 2028 Internships
  • What’s the Big Deal About Having Closed M&A Deals?

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