Are there any key differences between M&A and coverage groups in terms of job description?
From my understanding, places like CS Citi or MS don't have industry/coverage group bankers work on modeling, and they don't do DCM ECM stuff either. What exactly would a job description look like, cause I'm assuming you don't even do valuation? Because you're not trying to bring in clients either unless you're VP+.
And for M&A, are you spreading comps and modeling all day? What are some similarities between this role and coverage?
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