Which banks are poised for growth in the next 5-10 years?
Curious to hear thoughts on which IB firms are truly investing in the business to grow and stay competitive.
Curious to hear thoughts on which IB firms are truly investing in the business to grow and stay competitive.
Career Resources
Tobin & Co
Realistically, I think that some of the banks a little bit behind EB status are bound to make that leap sooner or later e.g. Zaoui & Co or LionTree.
Within the EBs, I think that PJT can continue it's record and really become something amazing.
RBC solidifying itself at a BB level
Agree with this sentiment, definetly an up and coming BB
EDIT: Lmao which salty wf/ubs analysts msing this
Lol I think its more the DB/UBS analysts that have been throwing MS at every single RBC BB post. Pretty sad
MS more likely to have come from current RBC associates who were paid 50K bonus this year
Have heard Laz is making strong moves. Some of the “ML in advisory” language kinda seems like bs, but trimming fat in regional offices and apparently investing in new business areas. Raised comp to keep getting top talent, etc. Friend thinks will be best overall EB in a couple years
I think Greenhill is in a good position - it seems like 2017 was only an anomaly. The company's turnaround plan looks promising as 2018 and 2019 results suggest - stock was up more than 30% on the 2019 results. The company is also aggressively working on new MD recruitments - let's see what 2020 brings.
Evercore, Centerview, PJT, Barclays, JPM, Citi, RBC, tiny boutiques/restructuring shops all seem to be making strides recently.
BB: JPM, Barclays Boutiques: PJT, Lazard, Qatalyst, Evercore
Expect GS and MS will remain competitive
Don’t forget Guggenheim, been steadily trending upwards for the past several years now
If we speak about current momentum BofA is the big winner. If we look at the long term I would say Barclays and DB will gain the place they used to have in IB.
In any case there shouldnt be large changes in the next 5 years, expect little changes across big players. Only some boutiques will get into the EB state and others will fall off, its a matter of rainmakers changing firms for better pay conditions
Deutsche Bank ;)
good thing about hitting rock bottom is there's nowhere to go but up
Berenberg is on a pretty high streak atm, wouldn´t be surprised if they establish themselves as the new boutique on the block.