The Harrison Rush Wrap Up

Buenos Dias El mercado Laboral apesta. Translated, this means “Good morning the job market sucks!”? There are hundreds of out of work investment bankers out there and just a few open positions. As a recruiter, now is the time to develop relationships and help people. It is not the time to make money off the unemployed. Sometimes we sacrifice short-term gain for long-term success. If you need recruiting assistance, please let me know?

Some news:?

Yes, it is true UBS has announced they will lay off more than half of the Credit Suisse workforce.?

It is rumored that some senior members of the Credit Suisse Sponsors team will be showing up at UBS?

Credit Suisse bankers I spoke with report retention offers were low?

More Credit Suisse bankers are going to show up at Deutsche Bank?

The SVB Securities Management buyout was approved. It would not be surprising if they started looking for Tech and ECM bankers in 2024?

Analyst comp 2022 v 2023 as of today?

1st Year Analysts?? -11%?

2nd Year Analysts –2.1%?

3rd Year Analysts –8.1%%?

More banks have announced they will push analyst bonus payouts back?

Open Jobs?

Corporate Development role digital infrastructure. Ideal for a current Investment Banking Vice President) NYC Based?

VP- Hardware & Comms- TMT- San Francisco?

Associate Tech M&A Boston, SF or NY?

Associate Consumer –NY?

Associate Healthcare-NY?

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