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Comments (12)

Most Helpful
  • Intern in IB - Ind
Jun 14, 2021 - 11:44pm

Barclays M&A is done within the coverage groups, so that's something to consider. Idk if it's the same at JPM

  • Intern in IB - Ind
Jun 14, 2021 - 11:46pm

correct about Barclays, JPM has a separate M&A group that handles things, but a few of the stronger coverage groups execute as well. 

  • Intern in IB - Ind
Jun 15, 2021 - 2:38am

Also depends on what group you get into. I think these are the top groups at each firm, obviously there's other great groups but these are the ones I hear a lot about (and I know a couple people in some of these groups). If you have a good shot at getting into one of these groups that would change things imo.

JPM: healthcare and tech

Barclays: power & utilities, natural resources

CS: sponsors and industrials

  • Analyst 2 in IB - Ind
Jun 15, 2021 - 8:54am

This is slightly off for JPM and outdated for Barclays, just saying.

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  • Intern in IB - Ind
Jun 15, 2021 - 2:40pm

I think most coverage groups at Barclays do well since they all run their own M&A process. However, Power & utilities at Barc is still top of the street. You do not want to be pitching against them. I think Power and natres are still the crown jewels of Barclays.

I'm less familiar with JPM.

I know for a fact CS sponsors and industrials are the best groups there.

  • Incoming Analyst in IB-M&A
Jun 15, 2021 - 4:41pm

JPM group placement can be wonky - high variation in outcomes based on friends who have gone through the process. If you networked with bankers in coverage at Barclays (see above for the top groups) and don't have strong ties at JPM, then I would consider it. Barc will likely win out on factors like culture, M&A experience, etc. as others have said above.

  • Intern in IB - Ind
Jun 15, 2021 - 6:23pm

Barclays group placement is also wonky. Everyone wants coverage, so there's a risk of being placed in a product group especially if you don't have strong alumni in groups.

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