Ultimate investment bank rankings UK/ London

Because tier lists are safe and boring, and it’s fun to rile up people working 80+ hours a week by telling them they don’t work at a top 30 firm

  1. GS
  2. MS
  3. JPM
  4. PJT
  5. Lazard
  6. BAML
  7. Evercore
  8. Roths
  9. Citi
  10. PWP
  11. CVP
  12. Barclays
  13. UBS
  14. DB
  15. Houlihan 
  16. Jefferies
  17. RBC
  18. BNPP 
  19. HSBC
  20. Moelis
  21. Nomura 
  22. Greenhill 
  23. Macquarie
  24. SocGen
  25. Blair
  26. Santander 
  27. Mizuho 
  28. MUFG
  29. Guggenheim (?)
  30. Standard Chartered 
  31. Berenberg
  32. RBS/Natwest 
  33. ING
  34. Baird
  35. Cantor
  36. Stifel
  37. Wells 
  38. TD Securities
  39. Natixis
  40. Unicredit
  41. BMO
  42. Numis 
  43. BBVA
  44. Mediobanca 
  45. Scotia
  46. Peel Hunt
  47. CIBC
  48. CACIB
  49. SMBC
  50. Lincoln
  51. Commerzbank 
  52. Alantra
  53. Deloitte 
  54. PwC
  55. EY
  56. KPMG

if you’re in capital markets (outside of levfin) add 15 to your number 

Look forward to being accused of working at any firm I remotely overrated 

Left boutiques out because they’re wildcards 

60 Comments
 

I don't know why, but I'm shocked BofA does well in Europe. I feel like people would avoid it just because of the name. 

 

Uhm... what? BoA has consistently ranked top 5 in both global and European M&A league tables over the last few years. For 2022, it even ranked third in Europe after GS and JPM

From what I'm hearing, they also have a pretty good culture in London and do not suffer from the immense cultural problems that MS / Citi has. I doubt that anyone would "avoid" BoA unless they have an offer from GS / MS / JPM but some might even choose BoA over a place like MS given the extreme cultural problems there. BoA is without a doubt one of the best places you can land at. I don't work at BoA myself though, so please correct me if I'm wrong about the culture. 

 

Just as a warning to all the interns out there basing their recruiting efforts on this list - the ranking of a bank depends on what the purpose is. Is it a ranking in terms of prestige, exit opportunities, WLB, salary, or experience gained?

For example, if you want to join a tech-focused growth equity firm after your analyst years, you would probably be better off doing TMT at Barclays than doing Natural Resources at GS. Similarly, you would probably have more prestige working at Evercore than at Deutsche Bank given the strength of Evercore in the US, but your exit opportunities from Deutsche Bank would likely be better as it's much more well-known in Europe. 

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
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