They're growing so heavy, curious to know when would people no longer consider them an “EB”
Certainly there’s some point where a bank gets so big you can no longer call it a “boutique”
| +71 | Any tips for sleeping well? | 39 | 38s |
| +67 | Wealthy Parents / Jaded | 22 | 3h |
| +44 | Venezuela Debt Restructuring - LAZ vs CVP | 17 | 1h |
| +40 | Background check issue IB Full Time | 23 | 3h |
| +39 | How are hours rn for SA (interns) | 23 | 12h |
| +27 | Investment Banking in Mexico | 7 | 22h |
| +27 | Boutique firm wants access to my LinkedIn? | 10 | 7m |
| +26 | HL vs WB | 19 | 1d |
| +24 | MM bottom bucket bonus | 9 | 1d |
| +24 | UBS GIG, LevFin, FSG Interns working Sundays and 85 hour weeks their first week? | 11 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
I mean LAZ is still bigger than them yet it's been EB for ages, even when it was relatively much bigger than other EBs
It’s just a label would need to be a huge change like Evercore starts a commercial bank. Similar to how banks like wells and Jefferies are not BBs despite (in my view) being stronger than the lower BBs
No balance sheet = not a BB
This is a very M&A centric perspective and shows that you don’t really understand the dynamics at play.
When you say “so big” what exactly are you referring to? Evercore’s M&A advisory revenue is similar to [insert BB - JP Morgan’s] but the comparison stops there.
Evercore is an $11bn market cap with ~2,500 global employees and probably does 70%+ of its revenue in M&A (including RX).
JPM is a $770bn market cap with ~320,000 employees and does probably 30% of its investment banking revenue from M&A (equal to 5% of its C&IB Segment revenue and 1% of total firm revenue)
The suite of products and services that JPM can offer its investment banking advisory clients is vastly different than Evercore
Sit numquam sit saepe unde alias sed. Aut autem occaecati dolorum expedita omnis.
Sit quam nisi odio sint. Nesciunt voluptatem et ab sunt. Occaecati velit molestiae ea ducimus ut. Quia ut amet totam ut natus asperiores doloremque.
Et aut esse maiores eaque. Qui eos laudantium sed aut nostrum et autem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...