Worst IB shops Out There

Wanna make a thread on this. Regional boutiques don't count. But wanna hear the worst banks in the US with >50 bankers. I'm thinking every single Japanese bank (Mizuho, DC Advisory, Nomura, SMBC), Key, Fifth Third, DA Davidson. List in terms of deal flow / exit opps

38 Comments
 

is DC advisory Japanese, didn't know that

Quant (ˈkwänt) n: An expert, someone who knows more and more about less and less until they know everything about nothing.
 

Didn’t realize this either. Looks like it’s a subsidiary of Daiwa Securities - guessing “DC” stands for “Daiwa Capital”?

 
Associate 2 in PE - LBOs

Wanna make a thread on this. Regional boutiques don't count. But wanna hear the worst banks in the US with >50 bankers. I'm thinking every single Japanese bank (Mizuho, DC Advisory, Nomura, SMBC), Key, Fifth Third, DA Davidson. Curious if TD, BMO, Lincoln, Truist, Stifel would make it to this prestigious list. List in terms of deal flow / exit opps

Pretty big difference between a lot of these names - such as DC Advisory and Nomura or Mizuho. The former at least does M&A deals. The latter are a total joke.

 

Analyst 1 in IB - Cov

Why CrossTree?

Lol isn’t this the firm that made that cringe LinkedIn / YouTube video.

 

I could get the fifth third comment cause there IB arm, especially M&A isn’t to good, but BMO and Lincoln being on this is a joke haha

 

Truist isn’t bad at all. People are nice, hours are reasonable by Wall Street standards, pay is street, new NYC office will be really cool, and bank itself is stable/growing, which isn’t a given these days

 

Buddy was an associate in EVR's transpo group - terrible culture and really bad hours

 

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