Maybe I don't understand how it works at BBs, but it seems weird to have so many members of M&A groups on there. Wouldn't the rainmaker be the coverage bankers that bring in the deals through their industry relationships? Are the M&A guys really the ones that are scoring the business for the firm?
My guess is its because they're just looking at the nominal values of deals done per person. There's a size bias since the largest M&A deals tend to be larger than other transactions like IPOs (Ignore Aramco) for example. Also, I'd assume the head of M&A would overlook or be forced to get involved in any major +$20B M&A transaction at a firm.
They are just attaching the name of M&A group heads. 95%+ of the cases, it’s the coverage guys brining these in (eg Its E Tokat at CV not someone like David Cohen)
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Maybe I don't understand how it works at BBs, but it seems weird to have so many members of M&A groups on there. Wouldn't the rainmaker be the coverage bankers that bring in the deals through their industry relationships? Are the M&A guys really the ones that are scoring the business for the firm?
My guess is its because they're just looking at the nominal values of deals done per person. There's a size bias since the largest M&A deals tend to be larger than other transactions like IPOs (Ignore Aramco) for example. Also, I'd assume the head of M&A would overlook or be forced to get involved in any major +$20B M&A transaction at a firm.
They are just attaching the name of M&A group heads. 95%+ of the cases, it’s the coverage guys brining these in (eg Its E Tokat at CV not someone like David Cohen)
Agreed, it's not representative of the actual people bringing in the client.
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Dolor dignissimos delectus ut minus eveniet. Est perspiciatis qui tenetur fugit voluptatem velit nobis. Voluptas beatae reprehenderit minima quod velit.
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