Mar 17, 2026

Why do non-elite banks have such big TMT teams?

Every year all the big TMT deals to to the top 3 BBs and the EBs… why do lower tiered banks even bother having TMT teams, and why are they so big? It’s a source of frustration at my bank because they have double the headcount of any other group and seemingly don’t pull their weight.

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4 Comments

thefatman12433

7mo

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dgdidmnr

7mo

bump

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LBO Model vs DCF

overlord481216

7mo

Cover more niche verticals and try to specialize. See TD as a good example

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Authored by: Certified Investment Banking Professional - 1st Year AssociateCertified Investment Banking Pro

Analyst 1 in IB - Gen

7mo

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Why do non-elite banks have such big TMT teams?

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Why do non-elite banks have such big TMT teams?

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