Why BBs are better than EBs

BBs are one of the most well known banks around the world. Ask your parents if you've heard of the BBs and they will likely know all of them. When you have that name brand on your resume, people automatically know what "JPMorgan" or "UBS" is. Literally no one knows any of the EBs besides people on the IB -> PE track, which is a very small subset of business. Even people in finance don't know EBs -- MDs in S&T/ER literally didn't know what Evecore or Centerview was.


When you go to raise money for your startup, go work for a tech company, go work in corp dev, etc. the BB name will set you up 1000x better than any EB name will because people will actually know what your BB is. 


Good groups at top and mid tier BBs have great exits, and routinely send over 50% of their analysts in those groups to UMM/MF firms. So, BB's strong groups get the same PE exits as EBs, but a much more well known brand name. 


I'd say BBs are like FAANG SWE, and EBs are like HFT SWE firms such as Jump Trading, Two Sigma, and Five Rings. People in very specialized areas will know those HFT firms, but when you want to raise money for your startup, I can assure you that namedropping that you have Google Experience will be definitely more valuable than saying I worked at "Jump Trading." 

 

People where I’m from would assume I just misstated “IBS” if they heard UBS. I don’t think that name brand goes as far as you think.

 
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Literally never heard of UBS until I got interested in IB. If you live in the US and don’t work in finance, the only BB you know are Citi, BofA, and Chase because of their retail banking.

 

You definitely only got an offer from BofA/UBS or something and now spend all your time coping on WSO

 

How I read this comment is the only thing you can derive value from in your life is thinking people's jaws are going to be on the floor when you tell them you work at GS/MS... no one gives a fuck, and as an above poster stated, no one outside of finance knows banks besides Citi, JP, and GS basically. You didn't get a top BB or EB offer, and are now smoking serious copium because you inked an offer at UBS and are outraged no one knows where the fuck you work. People like you are the problem in this industry, and I would never want to associate with you in a personal or professional manner. 

 
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