List of US IBs
Hey guys... I'm doing some year end work around fee pools for firms with a (meaningful) US IB presence. Trying to bucket into peer sets. Any notable ones you see me missing here?
Bulge
Goldman, Morgan Stanley, JPMorgan, Citi, Bank of America, Credit Suisse, Barclays, Deutsche Bank, UBS
Global Non-Bulge Balance Sheet Banks
Wells Fargo, RBC, HSBC, Nomura, RBS, BMO, Mizuho
Upper Middle Market - Full Service
Jefferies, Cowen, William Blair, Piper Sandler, Stifel, Raymond James, RW Baird, Keybanc
Lower Middle Market - Full Service
Stephens, Canaccord, JMP, Cantor, Needham, Oppenheimer, B Riley, Craig-Hallum, Roth, HC Wainwright, Ladenburg, Macquarie
Large Advisory
PJT, Lazard, Centerview, Evercore, Moelis, M Klein, Guggenheim, Greenhill
Small Advisory
Perella Weinberg, Harris Williams, PJ Solomon, Houlihan Lokey, Rothschild
Industry Boutiques
Allen, Qatalyst, SVB Leerink, Liontree, FT Partners, Raine
pretty accurate for the most part.
Would add TD, Scotiabank, Truist and SocGen to non-bulge. Maybe RBS as well?
Move Keybanc and Cowen down to LMM.
Move Harris Williams to UMM.
Add Lazard to Large Advisory.
Move PWP here also.
Move Houlihan to UMM.
Rothschild to UMM.
DC Advisory to LMM
Move MKlein, Gugg and Greenhill to Small advisory if you want.
Move PJ Solomon to Industry Boutique (they cover 3 industries) if you want to remove Small Advisory, otherwise would add Allen & Co here as well.
Can add Adrea, Broadhaven, Ducera, to specialty boutiques
I know there's a 99% chance this is a troll but imagine being an analyst and seeing that your MD took the time to post this on WSO
This post is actually the worst thing ever to happen on January 6th.