Checked league tables & was surprised to see that EBs are not in the mix at the top of M&A deal volume/activity.
Two questions: 1) Where does all the hate towards BBs outside of GS, MS, JPM stem from? // 2) What exactly about EBs makes them so "elite" as their title suggests if they can't outperform the lower BBs in M&A, when M&A is supposedly their bread and butter?
I'm an EB guy btw, just curious to hear perspectives.
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The answer is and always has been simple. Bulge bracket firms get advisory credit for acquisition financings.. League tables are BS and don’t give a clear picture
That's helpful, thanks. But could you shed some light on the questions in the OP?
The questions don’t make any sense when you realize the premise is bullshit.
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