JP Morgan vs. Morgan Stanley M&A
(Monkey, 47
Points)
on 9/14/12 at 10:43am
Looking at these two groups today and going forward, would you say they are marginally different in terms of deal flow, experience gained, and exit opportunities?
It seems that JP's M&A group has a more solid foundation while MS's is going through some turbulence affected by the turmoil MS has gone through in the past year or two.





Not sure what you mean by
Not sure what you mean by "success." Care to elaborate?
In terms of exit opportunities, yes they are different. MS M&A has always (for as long as I know) been widely regarded as one of the top banking groups on Wall Street and will continue to be for the foreseeable future. While JPM M&A is a good group, it simply doesn't attract the same caliber of analyst talent or buyside/recruiter attention.
Thanks for the reply
Thanks for the reply seamlessftw. I've updated my post to hopefully be clearer.
I know MS M&A has been a top group on the street for many years, but do you not see that number 1 spot a little wobbly?
There's also the issue that
There's also the issue that JP Morgan has more survivability than Morgan Stanley if we have continued tough times , since its a much larger institution.
That's true^ But in the short
That's true^
But in the short term (2-3 years), do you think that will be an issue?
Maybe not - but once an
Maybe not - but once an institution seriously at the verge of bankruptcy , can it seriously ever claim prestige? JP Morgan is currently in much better shape than MS so the group will have more room to grow by making stronger offers to people.
But , MS M&A has great exit points unless the group prestige also drops in KKR and Blackstone's eyes
No, I don't think it will be
No, I don't think it will be an issue in the short-term. People don't check Morgan Stanley's CDS spreads when evaluating a candidate from MS M&A. Even if MS goes under (let's not be dramatic here -- MS stock is up 21% YTD), analysts from MS M&A will still be highly regarded by recruiters and buy-side firms.
MS M&A, no question
MS M&A, no question