Comments (6)

  • Intern in IB - Gen
Nov 1, 2021 - 3:16am

All the BB have their main capital markets groups in NYC and a small ECM team based out in SF to cover tech and healthcare clients. Most of the ECM people out in SF are MDs, occasionally a few VPs and directors, maybe 1 or 2 associates. I know Raymond James has a small ECM in Tampa but that's also their headquarters. 

Tbh I don't recommend leaving SF or NYC if you're trying to be a career capital markets banker. If a recession hits, BBs will keep a decent amount of their capital markets bankers but a small MM might cut 80%. 

Nov 1, 2021 - 8:18am
guyfromct, what's your opinion? Comment below:

PNC is in Pittsburgh, Janney is in Philadelphia, Truist has a big presence in Atlanta, so does Regions. Piper is headquartered in Minneapolis, not sure about ECM/DCM there. What region are you looking at? Also if WLB is at a premium a lot of regional boutiques can offer that or lower MM PE. Public finance is also a good option and there are a lot of small offices randomly scattered across the country.

  • Analyst 1 in IB - Gen
Nov 1, 2021 - 11:08am

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