37 Comments
 

What's the point of all these EBs? I remember back in the day their allure was that they advise on high-impact, mega deals but clearly, judging by recent league tables almost all of them have become MM focused shops with average deal value below 1B (excluding EVR and CVP)

 

I think with the recent rise of banks like WF, Citi, and Barclays, it cut out a lot of their deals. As tech gets more and more overwhelming strong, the advantage of being smarter/more intelligent diminishes. With that said, Lazard, CVP, EVR, all strong banks.

 

Sewing doesn't care about US IB much. DB's focus is on maintaining FIC market share and growing CB franchise. Advisory business has never been DB's focus since GFC. Santander is the only Euro platform now seriously investing in the US IB which I think their shareholders actually liked a lot at least so far. Barclays is still doing great in US but likes of DB, UBS, BNP, HSBC, etc are gradually fading in US.

 

Y’all gotta have better things to do than engagement farm UBS posts 😭😭

 

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