UBS or TD for lev fin

I received offers for a generalist role at UBS and a capital markets role at TD. Based on my networking, I believe I could place into leveraged finance at either firm, given who I’ve built the strongest relationships with. I also think UBS offers a larger platform in the U.S. and has a stronger ranking in leveraged finance. I’d love to hear anyone’s thoughts.

3 Comments
 

If you do place into LF, UBS. If you don’t place into LF, TD.


But, placing into LF at UBS is hard, as it’s the best group and everyone wants it. On a risk-adjusted basis, TD might be better.

 
Most Helpful

Would actually run with UBS in this scenario since TD's best groups are Tech, Healthcare, Comms & Media which OP can't place into since his only options are LevFin, ECM, DCM (LevFin is by far TD's best capital markets group so everyone's gonna gun for it and group placement at TD is quite literally a coin toss)

UBS gets too much hate on this forum but at the end of the day it is still a well-known bulge bracket and its worst groups are still on par / slightly worse than TD's best groups (other than maybe TD Tech / Comms & Media which punch above their weight class). Going with UBS also sets you up for proven MM/UMM exits / lateraling to top BB/EBs (yes, even their tech group despite the insane amount of hate on this forum) due to their historical name

 

Corporis fugiat ut eum ea sed laborum sint voluptatem. Nihil ullam magnam non esse eos molestiae. Sit harum necessitatibus omnis fuga.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
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...”