Comments (44)

Sep 7, 2019

Any thoughts on Industrials rankings between the BBs? Purely on exits

  • Intern in Sales & Trading - Other
Sep 7, 2019

Ok sophomore, relax

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  • Intern in Investment Banking - Mergers and Acquisitions
Sep 8, 2019

GS/MS
JPM
BAML
Citi
CS
Barclays
RBC
UBS

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Sep 9, 2019

RBC isn't BB...

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Sep 18, 2019

Would probably bump CS up higher, at least above BAML. A LOT of folks in my MBA program turned down BAML in favor of CS this past year... some turned down Citi for CS as well, but not nearly as many as BAML.

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Sep 18, 2019

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.

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  • 1st Year Associate in Private Equity - LBOs
Sep 8, 2019

GS / MS
JPM
BAML
Citi
CS
Barclays / DB
UBS

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  • Prospective Monkey in Investment Banking - Mergers and Acquisitions
Sep 8, 2019

Barc and DB on same tier is ridiculous, Barc is hovering between top 6 and top 7 and has been on an upward trend

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Sep 8, 2019

.

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  • Prospective Monkey in Investment Banking - Mergers and Acquisitions
Sep 8, 2019

I agree with you but would put MS and JPM behind GS, at least JPM

Sep 8, 2019

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

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Sep 20, 2019

Bring on the monkey shit, DB Summer Analyst Class of 2019

Most Helpful
Sep 8, 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.

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  • Prospective Monkey in Investment Banking - Mergers and Acquisitions
Sep 8, 2019

Would you say that JPM > MS in the UK?

Sep 8, 2019

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.

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Sep 8, 2019

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

Sep 8, 2019

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.

Sep 10, 2019

If you want to exit to credit buyside, JPM is where you want to be given strength in loans/bonds.

Sep 8, 2019
YoungDumbFullOfRum:

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.

They're the yankees of finance.

Sep 8, 2019

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)?

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  • Prospective Monkey in Investment Banking - Mergers and Acquisitions
Sep 11, 2019

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.

Funniest
Sep 8, 2019

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

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  • Intern in Investment Banking - Mergers and Acquisitions
Sep 9, 2019

0

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  • Prospective Monkey in Investment Banking - Mergers and Acquisitions
Sep 9, 2019

agreed but are you @RocketToTheMoon" or something?

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  • Prospective Monkey in Investment Banking - Mergers and Acquisitions
Sep 11, 2019

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

Sep 9, 2019

lol no

Sep 9, 2019

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.

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Sep 9, 2019

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.

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Sep 9, 2019

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

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Sep 9, 2019

Nobody cares about this shit 2-3 years out of undergrad, and if they do, they are almost certainly cucks.

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Sep 9, 2019

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.

  • Prospective Monkey in Investment Banking - Mergers and Acquisitions
Sep 10, 2019

Ive leveraged my offer to accelerate the process of another bank and also to accelerate the decision.

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  • Prospective Monkey in Investment Banking - Mergers and Acquisitions
Sep 18, 2019
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  • 1st Year Analyst in Private Equity - LBOs
Sep 18, 2019
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