IB in Australia

Hi monkeys! I'm currently working in IB in the US at a tier 2 BB, but am looking to move back to Australia and hopefully lateral to a strong bank.

Does anyone have any insight into the Australian IB landscape? Heard it's had quite a shakeup lately, so I'm trying to understand who's top in terms of deal flow and exits. Not looking for 'prestige' here, but where I'll get good deal experience. How do the various banks in Aus stack up?

Thanks! 

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Comments (6)

  • Analyst 2 in IB - Ind
May 22, 2021 - 12:07am

Barrenjoey and Jarden are the new upstarts, hired / poached a bunch of people. Market is still hot given a lot of BB's have had to plug the holes of people leaving. CS / DB are smaller than before, Investec has pulled out, Lazard closed down / turned to a local boutique and not sure what's happened to Nomura. Jefferies still trying to expand. Main banks are still Macquarie / UBS with MS, GS, JPM having good rep. Citi, BofA, CS, DB, RBC, StanChart still do deals here and there. 

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