Top Bulge Bracket TMT groups?

I am at a mid-tier BB looking to lateral to another BB with a very strong TMT group. Currently in a great retail group but am staying on A2A and looking to change sectors. From research i've done it seems like this is the consensus in terms of deal flow (M&A) and street reputation.


1.) GS

2.) JPM/MS 

-Know that the Media Com group is extremely strong at JPM, don't know a ton about MS 


4.) Citi/BAML 

5.) CS 

6.) DB/Barclays/UBS 


Appreciate any insight anyone has into top performing TMT groups (BB). 

 

Would say Barclays is up there with Citi/BAML if referring to NYC groups over the last couple of years. Are you interested in SF or NY?

 

Used to work in GS/MS/JP Tech until a few weeks ago (switched to capital markets), and would second that Barclays has done well recently. The compelling part about Barclays NY is that they're the only BB in the city with a pure tech group that has 100% internal execution. GS is mostly Media/Telecom, and MS/JPM both have M&A groups.

 

This...M&A exposure within the group, a dedicated tech group and I'd argue Barclays Tech > Citi/BAML not sure how OP "ranked" the groups.. in terms of M&A and IPO if you check all the tech deals for the year, you will see Barclays name the most except GS/MS... not just opining here.. just check all the biggest Tech M&A and IPO deals..  please note this is only for the Tech group.. it's MT group is separate as noted above

 

Obviously MS/GS/Q are dominant but JPM, Barclays, BAML seem to have the fastest growing tech franchises. 

 

Also worked at CS this summer. From my friends in the tech group I heard deal flow was pretty good. One of the better groups at CS, no?

 

This is pretty much echoing what's already been said if we're talking tech. GS/MS/Q are a step above everywhere else. For BB JPM (which is above BofA) and BofA are the fastest growing I've seen. Will probably get MS thrown at me for saying this, but don't think Citi and Barclays are on par with either of those two yet but Barclays is definitely a growing practice. CS Tech isn't what it used to be back in the days with Quattrone around. That being said, I'd say your ranking is generally quite accurate, although I'd put Barclays a slight step above DB/UBS. If you're really discussing tech/SF, GS/Q/MS is where you really want to be if you have the opportunity

 

I'd say it would be helpful to isolate for location. My opinions are below:

SF: JPM > BAML > CS > Citi / Barclays

NY: JPM > Barclays > BAML > Citi > CS 

 

Could someone clarify if MS has a Tech group in NY? Is it grouped together as M&T in NY, and if yes, how does their M&T group compare to MS Tech in Menlo Park?

 

BAML TMT (NY) is growing rapidly, culture is strong, exits are decent and are getting better. I interned with the group

 

I’d edit the list to put GS/MS on top. JPM has made big strides but still falls short compared to those two.

I would caveat this by mentioning that Citi has been making moves in the flashy new SPAC space. Not sure who’ll come out on top but as of now GS and Citi are the de facto leaders.

 

Can second this. The NY tech group also has solid exits.

 

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