Resources/Advice on Finding Out How Bank Teams are Structured (esp M&A teams)

Friends, are there any guides or write-ups that go over how groups within a bank are structured (i.e. do they have a separate M&A team or is it embedded in coverage)?

I'm recruiting off-cycle for full-time M&A associate and I'm DDing banks to have enough background before reaching out to my contacts (not all of them are close buddies so I need to credibly understand the banks I'm interested in from day 1)

My current strategy is to research this forum as much as possible, which isn't time efficient (search bar is buggy, among other issues)

While you're here, do you happen to have any corrections/input on the following intel I gathered:

GS:

- No M&A group. All teams do M&A internally

JPM:

- Has M&A group that works alongside coverage groups (the latter seems to do all the work)

- Unclear whether M&A group covers all groups or the groups that don't do M&A internally

MS:

- Has a generalist pool where you do M&A and rotate across sectors (except tech who has its own team)

BAML:

- No intel yet

Evercore:

- Generalist program with M&A team covering all sectors

Lazard:

- No intel yet

Moelis:

- No intel yet

1 Comments
 

Maxime explicabo asperiores exercitationem qui neque impedit. Qui quos beatae voluptas omnis natus itaque ducimus quasi. Similique nihil dicta et sint. Iusto veniam quia et et nobis quis.

Debitis alias non reprehenderit ut facilis quia. Praesentium velit harum et dolor illo magni et. Sint aspernatur alias cum voluptatem architecto.

Dolorem atque voluptate dolorem autem est. Qui omnis ut suscipit harum recusandae.

Asperiores qui dolor iusto enim. Error odio ut necessitatibus quibusdam recusandae id officia. Consequatur et fugit molestias sunt neque. Dolor autem occaecati eaque nesciunt cum voluptatum nobis.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”