JPM Lev Fin vs. BAML Lev Fin

Hi Everyone,

Very interested in BB Lev Fin and was hoping for some clarification on these 2 groups. I have found on other threads that these are the 2 best Lev Fin groups (along with DB) on the Street but was wondering how they compare against eachother. From what I've found, JPM's group seems to be more of a Capital Markets role whereas BAML is more modeling-intensive.

Thanks in advance for your input.

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In terms of reputation, experience, and buyside exit opportunities: CS/BAML >>> JPM

JPM doesn’t model or originate. Purely execution. Lots of pricing and markets exercises. They have strong deal flow because they have a massive balance sheet and good reputation, but that does not mean it’ll be your ideal experience if you’re hoping to exit to PE, for example.

CS and BAML are unique in that they each have 2 LevFin teams. Levfin capital markets and a LevFin group that sits within IBD (at CS they call it LevFin origination & restructuring)

Assuming we are talking about the LevFin groups that sit within the IB — The breadth of experience at CS and BAML is very meaningful and analysts are known to develop very strong skill sets out of those groups. Both do some modeling and have very strong deal flow. CS and BAML LevFin groups are regarded as 2 of the stronger groups (overall) across the street.

 

Lots of threads on this. Definitely encourage you to look through some of the old ones.

JP, CS, & BAML are always top 3 in terms of Levfin deal volume. However, all 3 don’t offer the same experience and exits.

As mentioned above, BAML & CS kill it and are known as prestigious groups that place well into both PE and Distressed opportunities. JP isn’t close on those fronts.

Personally I’d take CS > BAML > JP, if I had the choice between levfin groups

 

Sorry to steal your thread OP, but I was wondering which would be a better option for M&A, BAML or JPM? Have a offer from BAML and a superday coming up with JPM and I am trying to decide (assuming I get the offer)

 

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