Very interested in energy and aware that M&A was great last year and earlier this year. Any insights into these banks would be greatly appreciated: JPM/GS/MS/EVR/LAZ/GUGG/BOFA/JEFF/CITI/RBC/TPH (ranking, culture, hours, comp, exit)
Based on the most helpful WSO content, here's a detailed breakdown of the banks you're interested in within the energy sector, focusing on aspects like ranking, culture, hours, compensation, and exit opportunities:
JPMorgan (JPM):
Ranking: Strong in energy M&A, particularly in large corporate deals.
Culture: Known for a somewhat toxic environment.
Hours: Standard for IB, expect 70-100 hours.
Compensation: Competitive, aligns with industry standards.
Exit Opportunities: Good for PE due to the brand name and high-profile deals.
Goldman Sachs (GS):
Ranking: Active in large corporate M&A.
Culture: Can be seen as elitist, especially in locations like Houston.
Hours: Typically intense, around 70-100 hours.
Compensation: At the top end of the market.
Exit Opportunities: Excellent, particularly in PE.
Morgan Stanley (MS):
Culture: Generally positive, though some find it a bit stuffy.
Hours and Compensation: Comparable to other major banks.
Evercore (EVR):
Ranking: Strong in M&A, known for placing into megafunds.
Culture: Less elitist, more hyper type-A.
Compensation: Known to pay above the street average.
Lazard (LAZ):
Culture: Known for having really nice people, though can be a bit stuffy.
Exit Opportunities: Strong in restructuring and advisory roles.
Guggenheim Partners (GUGG):
Note: Not much specific detail on culture or compensation, but generally considered a strong player in investment banking.
Bank of America (BofA):
Culture: Generally positive, aligns with major banking standards.
Hours and Compensation: Standard for the industry.
Jefferies (JEFF):
Ranking: Particularly strong in energy, especially in upstream and midstream sell-sides.
Culture: Positive reviews, less toxic compared to some peers.
Compensation: Known for very competitive compensation packages.
Citigroup (CITI):
Ranking: Strong in energy, though currently dealing with some transitional challenges.
Culture: Comparable to other major banks.
Exit Opportunities: Good, especially in energy-focused PE.
Royal Bank of Canada (RBC):
Culture: Solid, though bonuses might not be as high due to its Canadian roots.
Compensation: Generally aligns with industry standards but may not offer outsized bonuses.
Tudor, Pickering, Holt & Co. (TPH):
Culture: Described as very chill and passionate about energy.
Compensation: Known to pay above the street average.
This overview should give you a comprehensive insight into these banks' standings in the energy sector, focusing on the key aspects you're interested in.
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Based on the most helpful WSO content, here's a detailed breakdown of the banks you're interested in within the energy sector, focusing on aspects like ranking, culture, hours, compensation, and exit opportunities:
JPMorgan (JPM):
Goldman Sachs (GS):
Morgan Stanley (MS):
Evercore (EVR):
Lazard (LAZ):
Guggenheim Partners (GUGG):
Bank of America (BofA):
Jefferies (JEFF):
Citigroup (CITI):
Royal Bank of Canada (RBC):
Tudor, Pickering, Holt & Co. (TPH):
This overview should give you a comprehensive insight into these banks' standings in the energy sector, focusing on the key aspects you're interested in.
Sources: Houston Energy IB Rankings?, Is Prestige Really All That Important?, https://www.wallstreetoasis.com/forum/investment-banking/best-energy-investment-banking-groups?customgpt=1, Banks with best cultures, Top Investment Banks in each industry 2018
Where are my Houston bankers?!
Bump
bump
Are you asking for a league table pull or are you asking people to take the time to rank 11 banks across 5 different criteria?
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Voluptatibus dicta placeat iusto velit suscipit ratione et consequuntur. Esse neque sit sit. Rerum asperiores porro rerum est tempore incidunt aliquam.
Nam quos voluptatum temporibus architecto eum. Minus iure quos est minus velit corporis quo saepe. Ratione sint est qui excepturi.
Neque maxime odio praesentium voluptatum consequatur libero. Dolorem et quis minima et atque quo expedita aperiam.
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