Top Banks for Leveraged Finance?

Hey monkeys

I’m looking to lateral into Leveraged Finance. What are some of the top banks for Levfin?

I would imagine it is those with larger balance sheets, yet Goldman has a Levfin team too.

Any insight is appreciated.

Thanks!

 
Most Helpful

With regards to exit ops:

BAML has the best levfin group and maybe the only one that actually lives up to the “Levfin is the juggernaut group for PE recruiting” hype.

Behind that would be CS.

With regards to good job with better work life balance and solid deal flow:

JPM, WF

"I know you think you understand what you thought I said but I'm not sure you realize that what you heard is not what I meant."
 

Limited knowledge of the group. Believe they are fairly active but can’t speak to group culture or exit ops (beyond my own anecdotal experience of never having met / come across a PE associate who was an analyst in that group).

Having said all of that, I think RBC overall is a pretty underrated bank on this forum and is def viewed more favorably by recruiters and buyside shops than it gets credit for.

"I know you think you understand what you thought I said but I'm not sure you realize that what you heard is not what I meant."
 

Hey Dustin-Hasan, I'm the WSO Monkey Bot...do any of these help:

  • Official Investment Banking Rankings: Boutique and Bulge Bracket Prestige This is for IBD in the US (NYC specifically) and as of November 2014. Bulge Bracket & Large ... a good deal in your industry group, it is more likely that you will be involved if you work for a BB ... . Future prospects: First, many employers-- especially those that don't know investment banking as ...
  • Wealth Advisor Salary at Bulge Bracket Banks I have heard from a MD at a top BB that the average annual compensation for a Private Wealth ... which is easily on par with senior BB MDs in IBD and S&T. If you manage lets say $2 billion and ... charge high fees (basis points) is it likely that you can make in the $3-4MM range? Senior Private Wealth ...
  • Made it to a Bulge Bracket Bank Great news. I finally landed a spot in DCM for the leveraged finance team of a very prestigious BB ... extremely excited as well as anxious at the same time. Thanks for all the help. J. Bulge Bracket Leveraged ... question is what should I expect job/work wise going from a smaller shop to a top tier BB? What are some of ...
  • BB Corporate Banking vs Small/Mid Boutique Investment Banking Compensation IB Weekly Hours Debt Capital Markets Definition Leveraged Finance Corporate Banking Definition ... open). For example, the opportunity to work in Corporate Banking for a Canadian BB (RBC/ BMO ... a non-reputable bank? A bank that is quite far down the league tables in Canada? Is it better to sti
  • Bulge Bracket Investment Mgmt. vs. Mid-Market I-Banking mid-market bank in investment banking in Baltimore and was about ready to accept it, but just got invited for ... opinions on BB investment mgmt vs Mid-Market banking? ... a super day for a long only fixed income position with Morgan Stanley Investment Management in NYC. If ...
  • When are most Super Days for BB/EB's/Top MM? Looking for a consensus of when most SA Super Days are for BB / EB /Top MM. E.g- Mid December, ... /investment-banking-analyst-a-true-day-in-the-life">IB Analyst- Day in the ... -hours-what-to-expect">Hours in Investment Banking</a></li><li><a href="https://www.wallstreetoasis.com ...
  • Stuck in Corporate Banking- Fighting Complacency regional bank, ~4 years industry experience + 2yrs non-finance experience, ~125k all-in comp, t20 private, ... . Bulge bracket was fun as we were leading lots of deals and financing large corporate M&A. Had to ... down in same city, which is a secondary finance market. No kids. Having done this type of work for last ...
  • More suggestions...

Or maybe the following WSO members have something to say: BarraBeta @eldiamanteloco" mossy695

I hope those threads give you a bit more insight.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Hey Dustin-Hasan, the following topics might be helpful:

  • Official Investment Banking Rankings: Boutique and Bulge Bracket Prestige This is for IBD in the US (NYC specifically) and as of November 2014. Bulge Bracket & Large ... a good deal in your industry group, it is more likely that you will be involved if you work for a BB ... . Future prospects: First, many employers-- especially those that don't know investment banking as ...
  • Wealth Advisor Salary at Bulge Bracket Banks I have heard from a MD at a top BB that the average annual compensation for a Private Wealth ... which is easily on par with senior BB MDs in IBD and S&T. If you manage lets say $2 billion and ... charge high fees (basis points) is it likely that you can make in the $3-4MM range? Senior Private Wealth ...
  • Made it to a Bulge Bracket Bank Great news. I finally landed a spot in DCM for the leveraged finance team of a very prestigious BB ... extremely excited as well as anxious at the same time. Thanks for all the help. J. Bulge Bracket Leveraged ... question is what should I expect job/work wise going from a smaller shop to a top tier BB? What are some of ...
  • BB Corporate Banking vs Small/Mid Boutique Investment Banking Compensation IB Weekly Hours Debt Capital Markets Definition Leveraged Finance Corporate Banking Definition ... open). For example, the opportunity to work in Corporate Banking for a Canadian BB (RBC/ BMO ... a non-reputable bank? A bank that is quite far down the league tables in Canada? Is it better to sti
  • Bulge Bracket Investment Mgmt. vs. Mid-Market I-Banking mid-market bank in investment banking in Baltimore and was about ready to accept it, but just got invited for ... opinions on BB investment mgmt vs Mid-Market banking? ... a super day for a long only fixed income position with Morgan Stanley Investment Management in NYC. If ...
  • When are most Super Days for BB/EB's/Top MM? Looking for a consensus of when most SA Super Days are for BB / EB /Top MM. E.g- Mid December, ... /investment-banking-analyst-a-true-day-in-the-life">IB Analyst- Day in the ... -hours-what-to-expect">Hours in Investment Banking</a></li><li><a href="https://www.wallstreetoasis.com ...
  • Stuck in Corporate Banking- Fighting Complacency regional bank, ~4 years industry experience + 2yrs non-finance experience, ~125k all-in comp, t20 private, ... . Bulge bracket was fun as we were leading lots of deals and financing large corporate M&A. Had to ... down in same city, which is a secondary finance market. No kids. Having done this type of work for last ...
  • More suggestions...

If we're lucky, the following users may have something to say: Mathagu abacab oatmeal88888

Fingers crossed that one of those helps you.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Yes. BAML Lev Fin. I like the culture that the team portrays. A lot didn't come from a traditional banking background. Many associate and up are gear toward being career bankers. They leverage every part of the BOA franchise to source business. I have seem many who come from a non-target and lateral into BAML or did a post MBA associate program. Work hard, play hard. A lot of team play. In short, they hire a lot of underdogs.

 

Asperiores laudantium voluptas repudiandae ea. Molestias totam possimus quis cupiditate facere. Odit quasi enim facilis fugiat tempora rerum. Voluptatem ullam omnis omnis rem temporibus.

Qui eveniet ut modi iusto molestiae aliquid aperiam. Modi omnis reprehenderit voluptates. Qui consectetur consectetur corrupti deleniti. Odio eos iure beatae quam consequatur et quis.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”