Banking update? Forum
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Anonymous Posting
Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.
Failure to follow these rules will get you outed, warned, or banned.
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Anonymous User
- Posts: 432631
- Joined: Tue Aug 11, 2009 9:32 am
Banking update?
Curious about the amount of work coming into bank finance groups lately—how does it compare to the past couple of years, and how many hours are you on pace for?
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Wanderingdrock
- Posts: 210
- Joined: Wed Sep 16, 2020 5:49 pm
Re: Banking update?
They're all too busy to respond.
Question is, what are they busy WITH? Billing their butts off, or updating resumes?
Question is, what are they busy WITH? Billing their butts off, or updating resumes?
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Anonymous User
- Posts: 432631
- Joined: Tue Aug 11, 2009 9:32 am
Re: Banking update?
Securitization still dying at my firm but everyone else is dead. Company line is definitely still that work will pick up. Attitudes overall very positive still.Anonymous User wrote: ↑Wed Sep 14, 2022 4:11 pmCurious about the amount of work coming into bank finance groups lately—how does it compare to the past couple of years, and how many hours are you on pace for?
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Anonymous User
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- Joined: Tue Aug 11, 2009 9:32 am
Re: Banking update?
Senior associate here. Private credit is still very active and consistent with previous years, but the Term Loan B market is pretty dead (case in point, BofA is out in the market hawking the Citrix B-paper at 92 OID).
I’m on track for ~2300.
I’m on track for ~2300.
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Anonymous User
- Posts: 432631
- Joined: Tue Aug 11, 2009 9:32 am
Re: Banking update?
I’m in a lender side private credit practice and though it’s been bumpy, our group has continued to be quite busy with regular-way PE backed M&A regurgitated from the syndicated market. Special situations, restructurings, and other distressed work is also picking up.
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