Here are the latest Thomson Reuters league tables:
Question: What internal factors determine how good each bank is in each of, , and M&A? For example, if Bank A is ranked #1 in ECM, is it because the heads at the bank are the most effective at networking and raising equity for their clients? If Bank B is #1 for M & A, is it because they have a history of advising successful transactions? Or is it just the luck of the draw when banks are fighting for deals?
Alternatively: Does how good a team is at each of DCM, ECM, and M&A work say anything about the general skill set the team members have? How different are the skill sets required for each of these fields of work?
Lots of questions. Pick your favorite(s).