Need a good discussion on the best bulge brackets in Singapore as it pertains to covering the SEA region in terms of reputation, deal flow, analyst experience (all these three somewhat tie together). Please give rationale, not just ranking for the sake of ranking.
My guess is:
1. GS (can't go wrong)
2. MS (heard they are leaders in M&A in Asia)
3. JPM/CS/Citi (been some past discussion that CS dominates the SEA region, JP and Citi have strong commercial banking presence in the region so should also be positioned well)
4. BAML/DB/BarCap/UBS (heard most of their deals, even the SEA focused ones, are executed out of HK so its pretty much a waste of time working there at the analyst level). Also, more towards BarCap, the ibd division is getting staff cuts right so not a good place to be at.
5. Regional banks (some of them actually do really well)
Thoughts? I don't expect much people to know since this is still predominantly a US based driven site but maybe SAs and analysts that actually work in SG could provide some insights or pm me.