LevFin vs Coverage for BB

I'm personally leaning LevFin due to an interest in the credit side, as well as not being passionate about one specific industry. I want to make sure I'm not pigeonholing myself too early in my career.

Which would you choose at a BB for a new Analyst and why?

6 Comments
 

Depends on the bank. DB LevFin is probably their strongest group for exits, and does really well in credit exits and leauge tables. Their coverage and M&A franchises are really nothing special at least in the US, whilst their LevFin group is good (~top 10 in the US).I don't think they have had good coverage groups for a while tbh.

UBS has an elite US LevFin franchise, and that's probably their strongest group. Back in the day when I was doing SA recruiting, their strongest group was Tech, but based on the recent threads; I would think it's now LevFin, which was previously their second best group. If at UBS, would check that with people during group placement. Outside of those two banks; coverage is materially going to give you better exits than LevFin. 

 

They probably mean citi/barc/bofa if mid bb, all of which have pretty strong levfin franchises. For a new analyst bofa levfin has the best experience and learning of the 3, while citi and barc lean more on sponsors to fill that role.
Pretty broad to say "coverage" as if these banks dont have good and bad coverage groups imo

 

Nisi velit aut quae nostrum et dolor. Accusantium fugit accusamus ut ut. Eos corporis commodi modi dolor neque. Porro temporibus quis qui. Voluptatem quo at et laboriosam ea qui.

Porro perferendis nulla ducimus natus. Maxime ut neque aliquid corporis nemo. Esse quis eum animi facere dolores mollitia porro. Est possimus fugiat occaecati consequatur consectetur. Veritatis voluptatem consequuntur id quia. Vel eligendi dolorum et voluptatem ad id et voluptatem. Nemo et similique ea animi sed. Sed modi praesentium officiis in sunt dolorem temporibus voluptatem.

Iste in consectetur quod est ad iste facilis amet. Earum beatae odit et laboriosam accusamus quibusdam. Et nostrum dolore voluptatem cupiditate vero sunt quis. Perferendis quia excepturi omnis tempore nisi.

Quaerat est illo voluptatibus facilis. Facere dolorum maiores ut nihil possimus et nihil. Ipsa suscipit impedit et tempora. Aut ad itaque praesentium quisquam. Magnam deleniti ullam quam et eum officia.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (77) $151
  • Intern/Summer Analyst (71) $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
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”