M&As and underwriting/IPOs- usually separate in BBank? Best bonuses/exit opp?IB
Are the mergers and acquisitions divisions of a bulge bank usually separate from its underwriting/IPOs in the investment banking division??
which would be a better way to exit to private equity/hedge funds ? what are the bonus differences for these divisions (which usually brings in more revenue IPOs or M&As) do some banks keep the analysts doing both while some have it separate?
all information is appreciated. Thanks.