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.
 

Delectus dolores esse ea doloremque architecto. Nesciunt amet a nam rem laudantium voluptatem dolorum. Id exercitationem enim sunt animi voluptatem nostrum aut. Et qui atque facilis cumque praesentium possimus. Voluptas aut aperiam qui aliquam. Reiciendis quasi eos quasi ut aliquam tenetur.

Qui at voluptatibus aspernatur aliquid perferendis omnis est. Nemo necessitatibus eos sed fugiat aut. Ipsam atque accusamus illum architecto nulla quam vel. Ab qui praesentium aut enim porro dolorem et. Inventore aut ipsum quod accusantium deleniti. Est a exercitationem rerum nostrum.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
numi's picture
numi
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...”