Time to rank the bulge brackets 2019
GS, MS
JPM
BAML, Citi
Barclays, Credit Suisse
UBS
DB
Thoughts? Based solely on PE exits. Group comparisons are fine, but if you do your own rank do it as generalist offers please. NYC only.
Any thoughts on Industrials rankings between the BBs? Purely on exits
Ok sophomore, relax
GS/MS JPM BAML Citi CS Barclays RBC UBS
-
-
Jesus, Do you work for CS or something? I honestly can't see any legitimate reason to pick CS over BAML/C unless you know exactly the group you're going into and like the people there etc. Fine it ultimately depends on your individual situation but in a general sense, CS is a much weaker bank than BAML. It's like picking BAML over GS.
GS / MS JPM BAML Citi CS Barclays / DB UBS
Barc and DB on same tier is ridiculous, Barc is hovering between top 6 and top 7 and has been on an upward trend
.
I agree with you but would put MS and JPM behind GS, at least JPM
I am personally offended that you included UBS, DB and BARC in the list of BBs. The current BBs for 2019 are:
GS MS / JPM BAML Citi CS
Bring on the monkey shit, DB Summer Analyst Class of 2019
Think JPM is being underrated here - and I hate myself for saying this.
Looking at Coalition's league table for FY18, JPM comes top in FICC, equities, and IBD, placing first overall. Goldman comes third for FICC, third for equities, and second for IBD, for an overall standing of tied second with Citi. MS comes fourth, then BAML, Deutsche, Barclays, CS, HSBC (lol), and UBS.
Likewise, if you look at the FT's IB league table, JPM is ranked top overall, placing first for bonds and loans. Goldman is ranked top for M&A specifically, while MS takes first for equity deals.
Now, I know there's then the vague overlay of "prestige," but my honest take is that - in the UK at least - Goldman isn't as highly regarded as it used to be. That's not to say it's slipped drastically, however MS has certainly narrowed the gap and, personally, I think JPM now tops GS as the most desirable IB to work for.
Would you say that JPM > MS in the UK?
In black and white terms, yes. But I think the whole "is GS better than JPM better than MS" is overdone: at the end of the day, if you work for any of these firms, you're very much at / near the pinnacle of prestige. I can tell you for free that no one is going to look down on you because you got MS instead of JPM - and if they do, you probably don't want to associate with those people in the first place.
A better way of looking at this shops, rather than a league table format, is by buckets. Something like: Top bucket - BAML, Citi, GS, JPM, MS; Tier two - Barclays, CS, Deutsche, HSBC, UBS, etc.
Would agree on your perspective BUT it will depend on other factors: GS is still THE m&a powerhouse for people that want to do m&a advisory and exit to PE. That said on the S&T side JPM is leading as well as Loans/Bonds issuances. JPM IBD will provide the most holistic experience of IBD
Yeah, I think that's a very fair point - I was trying to take a generalist point of view, but obviously there will be different push / pull factors firm-to-firm depending on a person's speciality.
If you want to exit to credit buyside, JPM is where you want to be given strength in loans/bonds.
They’re the yankees of finance.
As a Brit, that means nothing to me. Are you saying they're the Man City of finance (formerly the Man Utd / Chelsea of finance)?
the post was just about IBD exiting to PE. GS is solid across every classic group but JPM has a more bloated class where placement can screw you over.
What is this, Greekrank?
GS, MS - best houses on the row, mixes with KKR/BX the most, hazing is rough
JPM - giant house off campus. didn't initiate some of their PC this year
...
DB - doesn't do well in rush, will probably lose their house. low social budget for mixers
agreed but are you @RocketToTheMoon" or something?
he deleted the comment - was it something about RBC? I know rocket is an undergrad with an offer from them and gets pretty delusional about the status of the bank
lol no
Get a job first and then argue rankings. PE recruitings pretty competitive anyway so honestly which BB you go to isn't going to change your life.
x2
I'm going to get MS for this considering 90% of this thread are college students, but the amount of conviction you guys have about 'rankings' and better yet specific groups is just absurd.
You don't know what you don't know. I'm not saying this to offend you, it's just odd from a 3rd person perspective. I say this because I think it has led to a culture here of "oh I only got an offer from Jefferies, brb going to cry myself to sleep."
FWIW, I'm a junior at a bank and my opinion doesn't hold much weight. I think that you would have had to be at multiple banks at the senior level to have a worthwhile opinion.
This exactly, once the recruitment process is finished you'll realize how hard it is to get ANY IB job in the first place. Don't think about going through the pearly gates if you can't even jam your foot in the door yet
Nobody cares about this shit 2-3 years out of undergrad, and if they do, they are almost certainly cucks.
Side note: reading some of these threads makes me laugh when I think about how serious BB takes their recruiting.
You know you’ve hired the most committed employees when they’re scouring an online forum for an arbitrary opinion on “rankings” to then leverage the consensus to do...well I don’t know what. I guess try to get an offer at another bank?
If what you said above re leverage actually works that would be hilarious. If some hiring manager gets cucked by you because you tell him/her you have an offer at another bank then you are 100% the winner in that situation. College students who want to work in banking are a dime a dozen, idk why they would care to lose one.
Ive leveraged my offer to accelerate the process of another bank and also to accelerate the decision.
lot of MS but few disagreements, looks like this is it chief
DB not a BB you fucking ape
lol
Ut non expedita voluptatem quam vel corporis nobis. Tenetur molestiae ut illo deserunt cum. Cupiditate id qui quo aliquam id quaerat enim. Consectetur ex quia sit sint error. Mollitia eaque aut minus et. Ut aliquid odio est dolore velit est.
Nam cum modi neque qui veritatis aperiam. Animi voluptatum deserunt dolorum sunt quia. Voluptatibus eaque sint minus aut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Optio fuga est iusto itaque quis. Magni pariatur et magnam aut. Non vel reiciendis saepe quo enim officia dolores est. Consequatur voluptatem voluptate esse necessitatibus tenetur. Sint quasi occaecati eos ipsum est voluptates minima numquam.
Atque ut quae inventore et veritatis aut. Velit doloremque consequatur et non cumque. Iusto dicta omnis blanditiis possimus.
Quod qui adipisci laboriosam qui fuga nobis. Doloremque ut ullam necessitatibus autem ut aspernatur nulla. Quis sapiente recusandae ducimus incidunt. Saepe quis unde corporis non quia iste voluptatibus beatae.
Blanditiis quia voluptatem alias. Odio eius repudiandae aut. Quae autem commodi a pariatur est nemo. Qui unde quibusdam deleniti nobis sed ad fugiat.