IB Ranking for Rates S&T

what's everyone's ranking of investment banks for rates trading (London / NYC)?

i'll start:

Tier 1: GS, JPM, Citi

Tier 2: MS, BoA, Barclays

Tier 3: DB, BNP

Tier 4: UBS, HSBC, Soc Gen

Tier 5: everything else

16 Comments
 

My ranking is mostly for NY, idk much about London. And Barclays isn’t bad by any means. My list is the top 6 that come to mind, so they are actually quite good considering they’re on that list

 
Most Helpful

I’d say it’s all strongly dependent on product/desk but

JP above in general

GS quite close

Citi

Barx

MS / Bofa / Db / BNP

HSBC / UBS

Nomura

 

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