Do people in CMBS originations/structured finance/capital markets at BB call themselves investment bankers? Is it considered less prestigious than the standard investment banking divisions?
8.5.7
| +404 | Evercore Intern Seizure | 62 | 59m |
| +98 | UBS IB Americas has failed, now behind Santander and Stiffel | 27 | 1h |
| +79 | JPM M&A is Gone??? Purely Coverage Banking??? | 41 | 8m |
| +60 | How do I understand vs. just memorizing? | 11 | 4h |
| +48 | Losing my personality in Banking | 9 | 1d |
| +45 | The good and bad with Wells Fargo | 12 | 3h |
| +42 | Associate & Above IB exits | 18 | 6h |
| +35 | Sent my Claude prompt to 200+ Teams chat. MD wants to see me Monday. | 18 | 8h |
| +33 | Incoming IB Analyst: Best Ways to Prepare? | 13 | 3h |
| +31 | Tech to IB Pivot | 20 | 17h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
It is not investment banking and will not get the same looks as far as exit ops. You could maybe try to lateral into a real estate coverage group after a year in CMBS which could improve your outlook depending on what bank you're at.
Interesting. I know CMBS people at top BB that refer to themselves as investment bankers and list that as their title on linkedin.
Some people also put that down if they work in back office so
Some banks like Goldman, Barclays, and UBS have their CMBS divisions under Investment Banking rather than Markets/Sales & Trading so the analysts are technically "Investment Banking Analysts" and list their titles as such on LinkedIn.
this^
No and what’s even worse is I see people at my own firm refer to their work as investment banking
geez.... that's bad
Idk what the above poster is smoking. But yes structured finance originations is very much investment banking. That’s like saying a restructuring banker isn’t an investment banker because they’re part of a product group. They’re still IBers. Hours are similar, pay is similar, and the work is more technical than just throwing powerpoints together. Some firms have them in S&T, others have them under CIB. Work weeks vary between 65-80+, and pay is above S&T analysts/associates but on-par with coverage.
Would say no, but I also don't consider ECM/DCM investment banking either - to me, that's all capital markets (S&T) in addition to stuff like securitization. Classic IB would be RX/M&A/industry groups and also Lev Fin.
At the end of the day though it's all about selling yourself and putting your best foot forward so you shouldn't care about other people's opinions and market yourself the best way possible
At my bank capital markets is housed under the investment banking arm and the offer letter says "investment banking analyst" so obviously that's what my linkedin says. It's not classic IB though.
lol just because it's not classic or traditional IB doesn't mean it's not a form of IB
LOL you guys realise that the term 'investment banking' originated from primary market fund-raising transactions right? fucking idiots.
Voluptas amet aut molestiae perferendis perferendis rem. Sequi deserunt praesentium quam dolore sit quae. Illum illum enim maiores. Sunt cum aperiam ea fugit voluptatem. Voluptates qui dolorem nihil exercitationem quaerat sint.
Autem modi omnis corporis itaque qui. Placeat porro dicta exercitationem maxime sunt asperiores libero.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...