Better biopharma IB vertical- WF or SVB Leerink?

Both have expanded a ton in healthcare last year. WF is on a hiring spree and SVB just poached a bunch of MDs from BB. Overall, WF generates bigger fees however has mostly led via balance sheets SVB has a bigger presence in biotech IPOs and more recently M&A however it is still much small resource wise than WF.

Which will have the better healthcare group in 2022 and beyond?

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Think of it this way, if you have an interest in biopharma being, at SVBL will get you looks from any other healthcare shop on the street if you decide to lateral. Leerink seems to be continuing upon and executing their efforts to take a larger share of the M&A pool. Get yourself on Dan Dubin's team and you'll be gucci

 

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