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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...
When Private Equity Isn’t What You Thought It Would Be: Alternative Paths for Investment Banking Analysts

When Private Equity Isn’t What You Thought It Would Be: Alternative Paths for Investment Banking Analysts

by meridith dennes | Feb 1, 2026 | Buy Side, Exit Opportunities, Lateral Recruiting

You didn’t sacrifice two years in banking just to be disappointed. Here’s what nobody tells you about PE—and the alternative paths that might actually get you where you want to go. The Unspoken Truth About Private Equity You did everything right. You...
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...
2025 Investment Banking Bonus Calendar: Payout Dates and Lateral Recruiting Trends

2025 Investment Banking Bonus Calendar: Payout Dates and Lateral Recruiting Trends

by meridith dennes | Dec 27, 2025 | Compensation Trends, Lateral Recruiting

The investment banking lateral hiring market is entering its most consequential stretch of the year, with bonus season poised to reshape recruiting dynamics across Wall Street and beyond. Elite banks have accelerated their timelines, extending offers months earlier...
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

  • The Private Equity Door Is Narrowing
  • Apollo Delays On-Cycle Again. What It May Mean for the Class of 2028.
  • An Investment Banker’s Guide to Sending Emails by Level
  • Why Banks Are Still Gun-Shy on Clawbacks: Deferred Comp vs. Clawbacks in Lateral Hiring
  • Q3 Bank Earnings: Deal Fees Rose, Pay Outran Headcount, and the Pipeline Took a Breath

Latest Insights

  • The Private Equity Door Is Narrowing
  • Apollo Delays On-Cycle Again. What It May Mean for the Class of 2028.
  • An Investment Banker’s Guide to Sending Emails by Level
  • Why Banks Are Still Gun-Shy on Clawbacks: Deferred Comp vs. Clawbacks in Lateral Hiring
  • Q3 Bank Earnings: Deal Fees Rose, Pay Outran Headcount, and the Pipeline Took a Breath

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meridith@prospectrockpartners.com

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