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.
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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