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Florida’s CHOICE Act: How One State Could Reshape National Non-Compete Policy

Florida’s CHOICE Act: How One State Could Reshape National Non-Compete Policy

by meridith dennes | Jun 26, 2025 | News

The Bottom Line Florida is creating the most employer-friendly non-compete environment in U.S. history just as federal restrictions collapse and Wall Street South gains momentum. For financial services firms, this represents the biggest regulatory arbitrage...
Why Jefferies’ Q2 Earnings Miss May Signal Trouble Ahead for Wall Street

Why Jefferies’ Q2 Earnings Miss May Signal Trouble Ahead for Wall Street

by meridith dennes | Jun 26, 2025 | News

Bottom Line Up Front: Jefferies’ 40% profit decline and earnings miss serve as an early warning system for the broader investment banking sector, with major banks reporting Q2 results in mid-July facing similar headwinds from trade uncertainty and muted deal...
Barclays and the Terrible, Horrible, No Good, Very Bad Day: McKinsey Arrives to Find “Savings”

Barclays and the Terrible, Horrible, No Good, Very Bad Day: McKinsey Arrives to Find “Savings”

by meridith dennes | Jun 19, 2025 | News

Investment bank staff brace for deeper cuts as consultants hunt for hundreds of millions in cost reductions It’s shaping up to be a particularly grim period for Barclays investment bankers, who are now watching McKinsey consultants roam their halls like...

Moelis founder to step down as chief executive in October

by meridith dennes | Jun 9, 2025 | News

Ken Moelis, the dealmaker who founded his eponymous investment bank nearly two decades ago, is executing a carefully planned succession that underscores the maturation of elite boutique advisory firms on Wall Street. Planned succession reflects sector evolution The...
The Great Pipeline Deflation: How Senior Execs Called Out the Deal Charade

The Great Pipeline Deflation: How Senior Execs Called Out the Deal Charade

by meridith dennes | Jun 3, 2025 | News

Investment banking has long suffered from a peculiar form of creative accounting that has nothing to do with balance sheets and everything to do with self-preservation. For years, bankers have mastered the art of pipeline inflation—stuffing their deal forecasts with...
The Death of Garden Leave? How the Slow M&A Market is Reshaping Talent Norms

The Death of Garden Leave? How the Slow M&A Market is Reshaping Talent Norms

by meridith dennes | May 31, 2025 | Lateral Recruiting, News

Bottom Line Up Front: Garden leave, long a fixture of investment banking, is facing its most serious existential threat yet. With two major banks reportedly eliminating the practice for directors and above amid the slowest M&A market in years, we may be witnessing...
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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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