Hi all, so I've heard this term thrown around a lot and I have a vague but incomplete understanding of it. I'm sure other perspective monkeys may have this question, too.
What does balance sheet bank mean, which banks are they, and how exactly does this benefit their IBD?
| +341 | Evercore Intern Seizure | 53 | 8m |
| +59 | JPM M&A is Gone??? Purely Coverage Banking??? | 27 | 1h |
| +57 | Is DCM actually underrated ? | 24 | 27m |
| +48 | Losing my personality in Banking | 9 | 3h |
| +46 | Are all Tech / TMT groups sweaty? | 38 | 1h |
| +39 | Am I behind? 31 Year Old Analyst | 9 | 2d |
| +39 | Associate & Above IB exits | 16 | 3d |
| +32 | Incoming IB Analyst: Best Ways to Prepare? | 10 | 1h |
| +30 | How do I understand vs. just memorizing? | 5 | 1h |
| +27 | Which groups are ideal for laterals? | 12 | 3h |
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.
JP Morgan is recognized as a balance sheet bank sometimes due to its famous "fortress balance sheet"- this allows the firm to win M&A mandates for mega deals due to its ability to offer the best financing terms on the street- thereby enticing the seller or buyer) to award the deal to JP. Obviously JPM combines its expertise in M&A alongside with its lending ability- which makes it a formidable competitor to EB which offer very good advisory.
Sometimes this term is also used for banks like Mizuho which mostly participate in the syndication process- taking a portion of the debt- they get some fees for this and its basically a loan. These types of banks dont do much M&A, and they dont run the syndication (not lead arranger like a JPM/BoA usually are)
Dolores expedita dolorum reiciendis velit minus id omnis non. Sint modi error voluptatem ducimus magnam quaerat. Tenetur magnam dolores esse eveniet eligendi magni aperiam. Eius aliquam consequuntur aperiam expedita veniam repellendus. Et cupiditate ex soluta. Consequatur cupiditate est commodi.
Ex expedita alias repudiandae. Iste quia velit laboriosam sint recusandae laboriosam officia.
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...