Moelis Reminds Staff to Treat Young Bankers Well

  • Reminder went out as firm embarks on another recruiting spree
  • It came after email encouraged junior staff stay at work late

Ken Moelis

Photographer: Michael Nagle/Bloomberg
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Moelis & Co. co-President Jeff Raich reminded top bankers in a meeting this week to treat young bankers well as the firm embarks on another hiring push, according to people familiar with the matter.

Raich, 51, addressed managing directors after industry forum Wall Street Oasis posted parts of an email that a “Moelis Staffer” sent to the firm’s analysts after discovering many of them weren’t in the office after midnight, according to a blog post on the website.