Top Banks for Leveraged Finance?

saw23's picture
Rank: Gorilla | 571

Hey monkeys

I'm looking to lateral into Leveraged Finance. What are some of the top banks for Levfin?

I would imagine it is those with larger balance sheets, yet Goldman has a Levfin team too.

Any insight is appreciated.

Thanks!

Comments (17)

Most Helpful
Sep 16, 2018

With regards to exit ops:

BAML has the best levfin group and maybe the only one that actually lives up to the "Levfin is the juggernaut group for PE recruiting" hype.

Behind that would be CS.

With regards to good job with better work life balance and solid deal flow:

JPM, WF

    • 11
Sep 16, 2018

thoughts on RBC?

Sep 23, 2018

Limited knowledge of the group. Believe they are fairly active but can't speak to group culture or exit ops (beyond my own anecdotal experience of never having met / come across a PE associate who was an analyst in that group).

Having said all of that, I think RBC overall is a pretty underrated bank on this forum and is def viewed more favorably by recruiters and buyside shops than it gets credit for.

    • 3
Dec 29, 2018

lev fin at rbc is legit in the states, i don't think the toronto levfin group is sick because there isn't much of a levfin market in canada

Sep 17, 2018

BAML, JPM, CS are in my opinion the top teams, cannot comment on RBC

    • 2
Dec 29, 2018

Hey Dustin-Hasan, I'm the WSO Monkey Bot...do any of these help:

  • Official Investment Banking Rankings: Boutique and Bulge Bracket Prestige This is for IBD in the US (NYC specifically) and as of November 2014. Bulge Bracket & Large ... a good deal in your industry group, it is more likely that you will be involved if you work for a BB ... . Future prospects: First, many employers-- especially those that don't know investment banking as ...
  • Wealth Advisor Salary at Bulge Bracket Banks I have heard from a MD at a top BB that the average annual compensation for a Private Wealth ... which is easily on par with senior BB MDs in IBD and S&T. If you manage lets say $2 billion and ... charge high fees (basis points) is it likely that you can make in the $3-4MM range? Senior Private Wealth ...
  • Made it to a Bulge Bracket Bank Great news. I finally landed a spot in DCM for the leveraged finance team of a very prestigious BB ... extremely excited as well as anxious at the same time. Thanks for all the help. J. Bulge Bracket Leveraged ... question is what should I expect job/work wise going from a smaller shop to a top tier BB? What are some of ...
  • BB Corporate Banking vs Small/Mid Boutique Investment Banking Compensation IB Weekly Hours Debt Capital Markets Definition Leveraged Finance Corporate Banking Definition ... open). For example, the opportunity to work in Corporate Banking for a Canadian BB (RBC/ BMO ... a non-reputable bank? A bank that is quite far down the league tables in Canada? Is it better to sti
  • Bulge Bracket Investment Mgmt. vs. Mid-Market I-Banking mid-market bank in investment banking in Baltimore and was about ready to accept it, but just got invited for ... opinions on BB investment mgmt vs Mid-Market banking? ... a super day for a long only fixed income position with Morgan Stanley Investment Management in NYC. If ...
  • When are most Super Days for BB/EB's/Top MM? Looking for a consensus of when most SA Super Days are for BB / EB /Top MM. E.g- Mid December, ... /investment-banking-analyst-a-true-day-in-the-life">IB Analyst- Day in the ... -hours-what-to-expect">Hours in Investment Banking</a></li><li><a href="https://www.wallstreetoasis.com ...
  • Stuck in Corporate Banking- Fighting Complacency regional bank, ~4 years industry experience + 2yrs non-finance experience, ~125k all-in comp, t20 private, ... . Bulge bracket was fun as we were leading lots of deals and financing large corporate M&A. Had to ... down in same city, which is a secondary finance market. No kids. Having done this type of work for last ...
  • More suggestions...

Or maybe the following WSO members have something to say: @BarraBeta @BarraBeta @mossy695

I hope those threads give you a bit more insight.

Dec 29, 2018

Hey Dustin-Hasan, the following topics might be helpful:

  • Official Investment Banking Rankings: Boutique and Bulge Bracket Prestige This is for IBD in the US (NYC specifically) and as of November 2014. Bulge Bracket & Large ... a good deal in your industry group, it is more likely that you will be involved if you work for a BB ... . Future prospects: First, many employers-- especially those that don't know investment banking as ...
  • Wealth Advisor Salary at Bulge Bracket Banks I have heard from a MD at a top BB that the average annual compensation for a Private Wealth ... which is easily on par with senior BB MDs in IBD and S&T. If you manage lets say $2 billion and ... charge high fees (basis points) is it likely that you can make in the $3-4MM range? Senior Private Wealth ...
  • Made it to a Bulge Bracket Bank Great news. I finally landed a spot in DCM for the leveraged finance team of a very prestigious BB ... extremely excited as well as anxious at the same time. Thanks for all the help. J. Bulge Bracket Leveraged ... question is what should I expect job/work wise going from a smaller shop to a top tier BB? What are some of ...
  • BB Corporate Banking vs Small/Mid Boutique Investment Banking Compensation IB Weekly Hours Debt Capital Markets Definition Leveraged Finance Corporate Banking Definition ... open). For example, the opportunity to work in Corporate Banking for a Canadian BB (RBC/ BMO ... a non-reputable bank? A bank that is quite far down the league tables in Canada? Is it better to sti
  • Bulge Bracket Investment Mgmt. vs. Mid-Market I-Banking mid-market bank in investment banking in Baltimore and was about ready to accept it, but just got invited for ... opinions on BB investment mgmt vs Mid-Market banking? ... a super day for a long only fixed income position with Morgan Stanley Investment Management in NYC. If ...
  • When are most Super Days for BB/EB's/Top MM? Looking for a consensus of when most SA Super Days are for BB / EB /Top MM. E.g- Mid December, ... /investment-banking-analyst-a-true-day-in-the-life">IB Analyst- Day in the ... -hours-what-to-expect">Hours in Investment Banking</a></li><li><a href="https://www.wallstreetoasis.com ...
  • Stuck in Corporate Banking- Fighting Complacency regional bank, ~4 years industry experience + 2yrs non-finance experience, ~125k all-in comp, t20 private, ... . Bulge bracket was fun as we were leading lots of deals and financing large corporate M&A. Had to ... down in same city, which is a secondary finance market. No kids. Having done this type of work for last ...
  • More suggestions...

If we're lucky, the following users may have something to say: @Mathagu @abacab @oatmeal88888

Fingers crossed that one of those helps you.

Sep 24, 2018

Thoughts on DB levfin?

Dec 6, 2018

Just saw this, https://www.dealogic.com/insight/first-9-months-lo... would probably give more insights.

Oct 4, 2018

Thanks all for the info. This was really helpful.

Dec 6, 2018

What/where are you lateraling from?

Dec 6, 2018

BAML > JPM/CS

BAML is the top LevFin team for analyst looking to place because they run their models. JPM has strong deal flow but they don't always run the model. CS is strong.

    • 2
Mar 19, 2019

thoughts on BNP LevFin?

Apr 17, 2019

Had a buddy in BNP levfin - he said the culture was pretty bad but he learned a lot regarding modeling and running smaller deals. Lots of turnover, but could be a good place to get your start and lateral.

Apr 18, 2019
Comment