Barclays vs. Jefferies vs. Credit Suisse vs. BAML
Have offers/interviewing, just wanted to compare these banks in terms of:
1) Exit Ops to HF and PE
2) Deal Flow
3) Compensation
4) Exposure to Networking (upper level management)
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Jefferies comp is higher than all the others
+1 to this jefferies will generally pay slightly above street
you work at CS or something?
Just checked this dude's post history, here's some gems
-"CS is trending to be a tier under top tier better than baml and Citi due to recent performance"
-"What are the top desks at CS?"
-"CS is better than Barclays, UBS, DB, Rbc. I would put them in the same league as BoA and Citi. Most of the desk performances would be considered even better than Citi and BoA, however. I would say easily top 5 BB."
Your actually retarded. Check out the other comments here in this thread. CS is the top from these three.
If your such a hardo you would have your facts laid out. Your stupidity actually amazes me. But yeah go ahead and listen to these people who just boost the rep of their bank because they couldn't get something better.
CS on average is the best from those listed and that's a pure fact with league tables backing it up. If you have a problem try to change the deal flow and be productive otherwise shut the fuck up. Thanks.
Barclays/BAML are generally your best options for deal flow and PE exits. That said, Jefferies and CS are strong in those categories as well. I'd make a decision based on culture and which groups interest you the most. For example, if you are interested in LevFin, take BAML.
Would second this- very group dependent for each bank, also BAML is second on the street for Lev fin- so definitely worth considering for that alone
Toss up between Barclays/Bofa for PE exits with CS coming right behind, dealflow/networking is all subjective
Highly group dependent of course but as of today in the US (not corresponding to the questions you asked necessarily just overall)
Baml>Citi/CS/BarCap>Jefferies
The difference between Baml/Citi/CS/BarCap is so small though. It won't make a material difference being at one of these firms over another.
I’ll be seen as biased because I worked for CS, but I’m just speaking from experience (and I have 0 reason to hype up a firm that I’m almost never associated with anymore)
1) BAML/CS > Barclays > Jeff - Each year at CS I saw a significant amount of analysts place at MF’s and top UMM’s (relative to friends at other firms). Even those in less sought after groups placed well. Can also speak from my MF’s perspective (and the headhunter we leverage) in saying we see significantly more CS and BAML analysts than Barclays. Our most represented banks are MS and CS.
2) This is tough to gauge. BAML is probably the most consistent across group whereas CS and Barclays have some standout groups with incredible dealflow. Jefferies operates in a different space but has strong dealflow.
3) Wont find a big difference at the junior level
4) No way to rank this lol. I can only speak to CS. Has a pretty flat structure, but depends on group. In my experience, networking was easy and welcomed from analysts up to group heads.
Can you elaborate on the standout groups at Barclays and CS? Currently recruiting at both.
I’ll just speak to CS to avoid any misinformation. Sponsors, Levfin orig. & restructuring, Tech, and M&A are usually the strongest (with Sponsors & LevFin pretty far ahead).
Really interesting - thanks for sharing. At my MF, among the BBs MS is the most represented, followed by GS, JPM, then Barc. Have almost no CS/BAML in the last recruiting cycle.
What would you say are the rough breakdowns at your shop? Out of 10 candidates, how many do you see from MS/BAML/CS/Barc?
Will be joining a MF as well and the office right now is a lot of Evercore, MS, JPM, some GS, Barc, BAML, PJT, very few DB/other EB, no CS, UBS
Interesting. Tough to give a specific breakdown. I’d guess if you took a random pool of 10 you’d find: 3 MS, 2 CS, 2 Evercore, 1 JPM, 1 BAML, 1 GS/Laz/other.
Again, that’s a very rough breakdown as there are other banks and MBB scattered throughout. We don’t have any associates from Barclays right now (that I know of), but I do believe we have a couple of seniors who started at Barclays.
The average analyst at Jefferies does not have nearly the same opps available (in terms of dealflow, exits, etc) as an analyst at CS/BAML/BarCap. That's why CS/BAML/BarCap are BBs and Jefferies is a MM. Jefferies is still a good shop, but it's in a completely different league. apples vs oranges.
There is a gap in exits between the firms mentioned but not nearly as large as you are making it seem. JEF places analysts to MFs every year... it’s group dependent.
the gap is pretty big for MF/UMM recruitment
Get the offers then start comparing
Read the message again guy
BofA > Barcap > CS > Jefferies, for the most part. Definitely some variance based on groups.
For example, CS has street-leading groups (Sponsors, LFO&R) while others are weaker will be outperformed by Jefferies. Consensus seems that Barcap is very well-rounded and you can't go wrong with any coverage groups, with some being very strong (i.e. Power). Jeff is definitely rising but if I were starting my career right now I definitely think CS has a higher ceiling for exits, which is why I rank them a slot above.
Spot on - nailed it. 1) and 2) are highly correlated, 3) is splitting hairs and negligible for comparison, 4) varies completely by group culture so hard to generalize across the entire bank
(delete)
Which BAML groups have the top exits?
levfin, sponsors, m&a, consumer, hc
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