Investment banks BB/EB London ranking 2020
Tier 1- GS/MS/PJT/CVP Tier 1.5- JPM/evercore/PWP Tier 2- BAML/CITI/Lazard/Rothschild Tier 3- CS/DB/Barcs/UBS/Greenhill/Moelis
Tier 1- GS/MS/PJT/CVP Tier 1.5- JPM/evercore/PWP Tier 2- BAML/CITI/Lazard/Rothschild Tier 3- CS/DB/Barcs/UBS/Greenhill/Moelis
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Good luck!
clearly works at moelis london
this is absurdly off base, you are overstating EB's in the UK and understating the middle tier BBs.
rankings are stupid, as each bank has their own unique strengths and weaknesses, but here is what i think as far as reputation (current a1 at one of the banks you consider Tier 1.5/Tier2)
tier 1: ms/gs/jpm/evr/pjt tier 2: baml/citi/laz tier 3: cs/barc/pwp/moco ldn tier 4: ubs/db/greenhill
the EB's are not what they are in the states, you clearly have no idea what you're talking about and are probably an undergrad that has read too many of the rankings and banter from the kids at nyu on this forum
Where is Rothschild?
Not an EB
.
Generally, correct but some issues/points to consider: - Evercore really is not that strong in London, both from a deal flow and exit perspective (class size approaching 15-20 for basically no/very little EU-centric headline deal flow, basically no strong LBO exits so far); will have to build country/region-specific expertise to fully compete in Europe -> atm nowhere near tier 1 and probably also a notch below tier 2 - PJT is defintely extremly reputable but it is still a notch below GS/MS/JPM; additionally, from I was told by headhunters, their main strenght lies in RX meaning that most top exits have such an angle (e.g. Oaktree); good place to be but make sure that you are also very interested in debt/distressed/ss since LBO exits can be trickier (although obviously still observable as quality of people is generally very high) - RS goes in tier 2 (imo, pretty similar standing to Lazard) - While tier 3 and 4 seems pretty spot on, note that CS actually had really strong exits for the entirety of the last decade in London and is still perceived very favourably by HHs -> therefore, purely for exits, I would bump CS up to tier 2 (but with a negative momentum)
I agree 100%
Felt a little dirty putting EVR/PJT up there with GS/MS/JP. I considered where CS was headed when I put them in T3, can definitely see them in T2 with Roths as well. Great observations
OP: Kenny Poshman XII
I actually went to Merchants Taylor Norwood. Please get it right.
PJT overstated as always on this forum
What is wrong with PJT?
Nothing. Their RSSG is top tier, in contention as the best RX group on the street.
Their M&A practice is grossly overhyped tho, it is not on par with EVR/CVP or even Lazard M&A. Amazing shop w/ great reputation, but it is not up there with GS/MS/JPM, which is what OP should have made his T1 if he wanted to be accurate. (even then, in the UK CVP/EVR are not what they are in the states, so OP should have left them out of t1/t1.5; the BB's dominate market share much more in the UK)
Anyone who has spent a day working on London IB knows PJT is not a player outside of restructuring.
What about Houlihan Lokey Corporate Finance? MF exit?
Bro, you've already created a separate topic to get answer to that.
Impossible
Houlihan lokey is terrible in London and has one of the worst cultures IMO. For some reason, folks there also have an inflated sense of themselves. But I am relating my experience from at least 5 years ago
Why terrible, no exits?
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