In terms of deal flow, deal tier & London/EU PE exits, how do these banks rank in relation to one another? Do these EBs do significantly larger cap deals than HSBC in London (given that many EBs are MM in London)??
| +160 | UBS Tech layoff | 52 | 17h |
| +144 | UBS’s M&A BANKERS ARE DOING TERRIBLY. $200M EXTRA IS BEING CUT | 29 | 17h |
| +143 | Analyst: Why is UBS IB doing worse than peers?, UBS CFO: No Comment | 21 | 18m |
| +58 | How do YOU manage networking requests? | 17 | 2h |
| +49 | Are target prospects getting dumber? | 25 | 5m |
| +37 | What Differentiates the Best Analysts as AI Improves? | 9 | 4d |
| +36 | Quitting After First 4 months | 12 | 23h |
| +34 | MBB Pay Raises | 26 | 23h |
| +33 | Cornell Club T10 Rankings (UPDATED 10/2026) | 19 | 1d |
| +24 | Leaked Interview Questions to Chinese Recruiting Services | 16 | 1h |
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.
Based on the most helpful WSO content, here's a detailed comparison of Greenhill, HSBC, and Qatalyst in London:
Deal Flow and Deal Tier:
Greenhill:
HSBC:
Qatalyst:
Private Equity (PE) Exits:
Greenhill:
HSBC:
Qatalyst:
Comparison:
In summary, Qatalyst is likely the strongest in terms of high-profile deal flow and PE exits, followed by Greenhill for its mid-market focus and relationships. HSBC, while strong in deal size, does not offer as competitive PE exits as the other two.
Sources: Strength of EBs in London, 20 Most Frequently Asked Questions - London Edition, Ranking Investment Banks in 2021, The Qualifications of an EB, https://www.wallstreetoasis.com/forum/investment-banking/eb-vs-bb-long-term-and-exits?customgpt=1
Bump
You will do 0 M&A deals at HSBC, only some financing (where you will probably not even have a lead role) and a ton of discussion materials. Would take any MM boutiques over it
Would take any of the EBs or MM shops over HSBC. For M&A its a no brainer.
Having done a quick desktop research, Qatalyst IMO beats the rest by far in terms of deal flow. Just checked their Team members LinkedIn and a lot of them actually list their deals. It seems like even junior team members have multi billion dollar transaction volume already. Highly impressive.
Listing GHL as an EB in 2024 is diabolical
Even from a London perspective
I don't understand the MS
You can search Mergermarket, and it shows they haven't completed anything notable in London in the past three years
I also don't think they've ranked in the top 20 of any league tables during that time
Quis consequuntur ea similique saepe tenetur officia. Est quaerat et ad quia rem voluptatem dolorem omnis. Nihil molestias necessitatibus dolore ratione.
Quaerat a voluptate veritatis placeat qui modi nulla ut. Voluptatem maxime odio vel aut recusandae corrupti. Quia quaerat sapiente dolor debitis autem facilis ducimus.
Qui quo quia qui. Quo qui tempore unde adipisci.
Accusantium commodi est laboriosam maxime a quos dolores. Vitae rerum similique minus numquam eius.
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...