At most banks does Loan & High Yield Markets fall under their LevFin Group or Capital Markets?
Would there be any reason to join the High Yield group instead of M&A (at RBS or Wells Fargo)? I heard RBS is fairly established within debt origination but their M&A is well behind the curve. Thoughts?
| +231 | UBS Tech MD hires Son (from no-name college) as an Intern | 40 | 1h |
| +162 | WTF IS THIS COMPETITON | 56 | 13h |
| +161 | Mayday, Mayday: Key UBS Leaders (Former Barclays MDs) Abandoning Ship | 28 | 2d |
| +115 | Is banking in the south more sustainable? | 26 | 1d |
| +86 | The Intern Starter Pack | 15 | 1h |
| +74 | Current State of the League Tables | 27 | 21h |
| +44 | Perella Weinberg to Cut 10% of Workforce, Including Partners | 31 | 10h |
| +42 | [Official] 2026 IB Analyst Bonus Megathread (with 2025 Consolidated Pay and Perks/Benefits) | 8 | 13h |
| +38 | UBS Groups Ranked by Future Outlook | 20 | 13h |
| +32 | PWP Layoffs????? | 18 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
LevFin is somewhat connected to DCM at many shops. By enlarge though, LevFin is much more complex and transactional that DCM and that's why it's a strong group with good exit opps. As for LevFin or M&A at those banks, I'd say people need to base their preference on their interests rather than always trying to systematically strategize every damn move, such as group placement.
This one's free but the next is gonna cost you.... big time!
Placeat recusandae cumque labore ea facere. Maxime consequatur aut qui commodi fugit temporibus nobis. Molestias nemo deleniti quod sed sint.
Iusto vitae autem eius ut. Ut amet itaque voluptatibus quia quo cumque ab nobis. Sunt quia est soluta vitae accusamus. Similique voluptas corrupti eum ut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...