JPM Lev Fin vs. BAML Lev Fin
Hi Everyone,
Very interested in BB Lev Fin and was hoping for some clarification on these 2 groups. I have found on other threads that these are the 2 best Lev Fin groups (along with DB) on the Street but was wondering how they compare against eachother. From what I've found, JPM's group seems to be more of a Capital Markets role whereas BAML is more modeling-intensive.
Thanks in advance for your input.
In terms of reputation, experience, and buyside exit opportunities: CS/BAML >>> JPM
JPM doesn’t model or originate. Purely execution. Lots of pricing and markets exercises. They have strong deal flow because they have a massive balance sheet and good reputation, but that does not mean it’ll be your ideal experience if you’re hoping to exit to PE, for example.
CS and BAML are unique in that they each have 2 LevFin teams. Levfin capital markets and a LevFin group that sits within IBD (at CS they call it LevFin origination & restructuring)
Assuming we are talking about the LevFin groups that sit within the IB — The breadth of experience at CS and BAML is very meaningful and analysts are known to develop very strong skill sets out of those groups. Both do some modeling and have very strong deal flow. CS and BAML LevFin groups are regarded as 2 of the stronger groups (overall) across the street.