Which EB/BB shops have MM teams, and how do they work? Ones I know about are Gugg (PEAG), Lazard (PCA), WF (Regional IB), and BofA (EGRC). Obviously all shops will dip into MM at some point, but do any other banks have specialty MM groups like the ones listed above?
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JPM and GS, though not sure if GS decided to shutter (know several were let go from the MM team that was mostly focused on sponsors).
I tend to be careful about generaliztions, but the anecdotes I've heard from large cap MM groups (JPM, WF) are horrendous. They give half assed service with lean teams and run terrible, narrow processes for MM companies that need broader, more rigid ones.
Contrast that with Lazard (formerly LMM) and Gugg and those are legit deal teams with industry and process expertise.
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