Hey guys, so I wanted to know what everyone thinks about working in the M&A product group of an investment bank for the long haul (ie career banker).
I've heard from various sources that as one progresses to VP and beyond, coverage bankers tend to make more money than their M&A product counterparts. Is this true? And if so, is this also true at a?
I know MS M&A is heralded as one the most prestigious groups on the street, but is this simply because of the modeling experience/exit opportunities available to Analysts or do MS M&A career bankers make the comparable bonuses to other top MS coverage teams?