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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...

Anna Strohsahl, CFA, CFP Joins Prospect Rock Partners as Strategic Advisor with Focus on Family Offices & Capital Formation

by meridith dennes | May 21, 2025 | News, Press Releases

West Palm Beach, FL – May 21, 2025 Prospect Rock Partners is pleased to announce that Anna Strohsahl, CFA, CFP has joined the firm as a Strategic Advisor, specializing in family office relationships and capital formation for high-growth companies. Anna brings over a...
The Baird Scandal and the Future of Banking Work-Life Reform

The Baird Scandal and the Future of Banking Work-Life Reform

by meridith dennes | May 1, 2025 | News

A recent Wall Street Journal article has exposed the troubling work conditions at Robert W. Baird’s industrials team, where junior bankers have reportedly been working more than 110-hour weeks regularly. The situation gained public attention after a Wall Street...
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  • Rogo Was Supposed to Shrink the Junior Class. Instead It’s Creating More Work for Associates and VPs.
  • What Investment Bankers Can Actually Expect to Earn in 2026
  • Why Recruiter Outreach Misses the Mark — And What We’re Doing About It
  • Record Profits, Deeper Cuts: Where Wall Street Is Actually Shrinking in 2026

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