Dilemma, should I lateral to investment banking this year or are there hiring freezes / layoffs coming up given the market volatility. I work as a financial analyst in fund advisory (think big four / duff & phelps). I like my job and was a top bucket analyst this year but just always wanted to switch to IB after a year. Is this bad timing?

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Nah BB’s are always hiring. Natural attrition from people leaving to buy side. Besides, just keep recruiting and applying and cross the bridge when the time comes. No need to think about a hypothetical situation that hasn’t happened her.

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VP1. Hiring and hiring are not mutually exclusive. My team hired and continues to hire I’ve seen the articles online but haven’t actually encountered large masses of people getting let go. My understanding was that it was a very senior banker at BMO who got let go. Anyway, we’re still hiring (JPM) so feel free to apply

It’s going to be much harder than you think to switch to IB- do it as soon as you can

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You work in Fund Advisory- it’s already going to be next to impossible before you become established in Fund Advisory

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