How to tell if a bank is going downhill?

Prospect in IB - Gen

Aside from the obvious like deal volume and deal count. What if the majority of deals are of undisclosed value? Or is it possible that deal count is not indicative of firm activity, given there might be a large pipeline behind the scenes?

Would appreciate any insights into other metrics to use to evaluate an MM bank's performance.

Comments (11)

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  • Intern in IB - Gen
Dec 1, 2019

it rhymes with "yuetsche dank"

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Dec 3, 2019

Senior departures would be a sign

  • Analyst 2 in IB - Gen
Dec 3, 2019

Undisclosed deal value is NOT a sign of a bank's performance. A lot of times clients would require deal value to not be disclosed and there isn't anything a bank can do about it.

  • Associate 1 in IB - CB
Dec 3, 2019

At the way things are going, whether it's European or not

  • Intern in IB - Gen
Dec 6, 2019

id say barclays(basically lehman) is the exception, agree?

  • Associate 1 in IB - CB
Dec 8, 2019

hmmm maybe - anecodatally they've been the standout among European peers (helped in no doubt by their US franchise). I haven't had a change to look at BBG yet, but think they're still placed well in the league tables (in lev fin at least from what I recall).

Two points may highlight that not all is good: (1) They are still on the hook for a couple of deals they've elected to underwrite but couldn't sell down completely (in lev fin), and (2) apparently the summer to FT conversion rate this year is 20%(!?) - I'm quoting this from one of those SA conversion rate threads on WSO (job market is tough atm)

Dec 3, 2019

When someone from accounts payable starts marking up your monthly corporate card statements.

Think there's some ex-Wells guys on here who can maybe provide more color.

Dec 6, 2019

doggy style

What concert costs 45 cents? 50 Cent feat. Nickelback.

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  • Analyst 1 in IB-M&A
Dec 8, 2019
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