JPM vs HSBC?

I have an offer for both HSBC and JPM. The position for HSBC is better than JPM, but I know HSBC is going all in on HK and pulling out a lot from the US. For future career options and exits (not looking to move out of US), should I consider sticking with JPM or HSBC?

7 Comments
 

Based on the most helpful WSO content, JPM is generally regarded as a stronger platform for long-term career growth, especially if you're focused on staying in the U.S. HSBC's strategy of doubling down on Hong Kong and scaling back in the U.S. could limit your future opportunities domestically. JPM, on the other hand, offers a robust network, brand recognition, and a wide range of exit options across industries and geographies.

If the HSBC role is significantly better in terms of responsibilities and immediate career growth, it might be worth considering. However, if you're confident in your ability to lateral within JPM to a similar role at HSBC, sticking with JPM could provide better long-term stability and opportunities in the U.S. Additionally, JPM's culture and training programs are often highlighted as strong advantages for career development.

Sources: https://www.wallstreetoasis.com/forum/investment-banking/jpm-ma-vs-top-eb-cvpevrpjt?customgpt=1, JP Morgan IB RIsk Exposed Part 2, JPM London: Horror Stories on Junior Staff Cuts, HF vs Career Banker @ CVP/PJT?, How do you get offers and not know which one to take?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Voluptatem provident nesciunt incidunt in delectus sed. Libero quaerat optio suscipit perferendis ut ex eos. Dolor doloribus molestiae fugit vitae ut dicta omnis.

Alias nihil ipsa at sed et est ut. Excepturi eaque sed voluptatem voluptatem et. Qui libero laborum ducimus. Non quaerat nihil numquam non architecto autem. Ut alias ratione velit enim.

Consequatur esse consequuntur fugit ex consectetur ex. Est sunt rem distinctio voluptas minus in laborum. Eos tempora consectetur aspernatur. Hic nemo quasi molestiae rerum voluptas. Vel suscipit et accusamus vero excepturi ut. Esse ea laborum ut odio debitis veritatis.

Placeat est magni eum quisquam aliquam earum aspernatur. Maiores est et est unde. Itaque exercitationem quos quo eveniet sint. Eveniet dolores aut qui temporibus voluptatem qui. Ducimus vero eos culpa natus natus.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”