Levfin vs LevFin Underwriting
I notice that some BBs like UBS / Citi have a leveraged finance as well as a leveraged finance underwriting team. What are the differences between the two? Is levfin "true IB" while the levfin underwriting more like portfolio management/credit risk?
Thanks!
Seems like you answered your own question.
So LevFin Underwriting is basically credit risk/portfolio management role? Not sure why the bank would include "underwriting" in a MO role then.
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