2023 UK Investment Banking Tier List

Tier 1: GS, JPM, MS, Lazard Rothschild, BAML, Citi, PJT, Evercore
Tier 2: Barclays, DB, UBS, PWP, CVP
Tier 3: BNPP, Jefferies, Moelis, Greenhill, RBC, HSBC, HL, Nomura, Macquarie
Tier 4: SocGen, Blair, Guggenheim, DC Advisory, Santander, Mizuho, MUFG
Tier 5: UniCredit, ING, Natixis, Mediobanca, Numis, Berenberg 
Tier 6: Cantor, Piper Sandler, RBS, Stifel, Lincoln, Scotia, Credit Agricole,

Tier 7: Big 4, Alantra

36 Comments
 
Controversial

GS, MS, JPM in a tier of its own. Absolutely no way you can have Citi and GS or Evercore and MS in the same tier.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
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