Status of the Bulge Brackets?
After a few tumultuous years in dealing with making, it seems the bulge brackets have been stirred the most.
Credit Suisse - maybe the strongest European bank fell
UBS - seems to be chaos??
Barclays - seems like they fired 99% of their US investment bankers? Seems like some Lehman rainmakers left for other banks? Unsure where these guys stand
Deutsche - thought this bank was on the out. Was my understanding they were the weakest BB but have since went on a hiring spree trying to revive themselves, still trash? (Relative to others)
Shiti Bank - still low bonuses with people getting cranked?
Bofa - what is even going on here
GS/MS/JPM - all seem sturdy relative to others. Seems like JPM may have given up the top 2 spot back to MS
Pretty ignorant to the current landscape, I’m a MM banker looking at moves and want a good understanding of status
FYI, the past two years, Citi has actually paid top of street within the BBs.
2022: https://www.wallstreetoasis.com/forum/investment-banking/bonus-thread
2023: https://www.wallstreetoasis.com/forum/investment-banking/2023-consolida…
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