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Would move Greenhill down one tier to T4
What is this based on? Deal value or deal volume or prestige? based on M&A only or also ECM and DCM?
In terms of purely European M&A deal value:
move Greenhill to Tier 4 (mostly MM deals and often sourced through US)
move HSBC to Tier 3 (less deals than US BBs but large cap deals across M&A and very strong in ECM + DCM)
move CVP to Tier 4 (some high value but only through US sourced deals and very small deal teams but growing)
move Piper Sandler and William Blair to Tier 5 (mostly MM deals like HL but without restructuring expertise and more LMM)
would also add DC Advisory and Guggenheim in Tier 5 (Guggenheim recently started analysts and interns hiring in UK with plans to grow)
Mediobanca also strong, probably tier 3 for M&A atm
See it as a weighted average of EU M&A deal value, deal volume, prestige and potential exit opp
Probably more weighted towards exit opp and prestige
i see, would still stick to the above from what I've seen^
Makes sense tbf , will update the rankings for this
following for updates
WB / Piper should go on T5
Greenhil T4
CVP T4 as well (nowhere near the US brand)
HSBC T3
Agreed and updated
HSBC defo not T5, solid T3 pushing for T2
Agreed and updated
William Blair definitely not tier 3, tier 5 most likely
Agreed and updated
Would do tier 1.5 with roths laz BAML and citi
Tell me you don’t work in IB within Europe without telling me you don’t work in IB within Europe
How would yours look like?
Roth T2
DB T3
Evercore T2
HL T3
CS T4
ur profile picture is a Nazi work of "art" by Arno Brecker. should probably change.
"My artistic situation has been completely devalued by political history, cast in a false light - Arno 1979
don't get blinded by politics, art is still art.
Centerview closed the LVMH deal and no one mention it ??
Nomura Tier 3
Thanks updated
why tier 3?
Strong in infra, TMT, Greentech. Other teams are also not completely terrible either.They still maintain the Lehman legacy.
Where would Santander be on this list?
Tier 1: GS, JPM, MS, Lazard
Tier 2: Barclays, Rothschild, BAML, Citi, PJT
Tier 3: BNPP, DB, UBS, PWP, Evercore, CVP
Tier 4: Jefferies, Moelis, Greenhill, RBC, HSBC
Tier 5: Macquarie, SocGen, Blair, Guggenheim, DC Advisory, HL, Nomura
Tier 6: UniCredit, Santander, Credit Agricole, ING, Natixis, Mediobanca, Numis, Berenberg
Tier 7: Cantor, Piper Sandler, RBS, Stifel, Mizuho, Lincoln, Alantra, Scotia
Tough to rank guys like Qatalyst, LionTree, and Robey.
Why Lazard ranked higher than Rothschild in Europe?
Higher comp, higher average deal size, better exit ops.
would bump barc down one tier but splitting hairs, laz also down one, think gs jpm ms should sit by itself in T1 in europe
Barc is an absolute powerhouse in the UK - Lazard on the continent.
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