Last year was apparently a very rough year for them speaking strictly on deal flow. Their bonus is now structured as a forgivable loan so if you leave or get fired you have to pay some of it back. They’re one of the worst (noticeable) MM in the US well below Jeffries, BMO and here they are no better. By no means is it a terrible place but from what I’ve heard things are looking really rough for them right now, and that’s probably why someone left for there.

 

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