Mergers and Inquisitions

NOVEMBER 22, 2023

I never expected to revisit the topic of bulge bracket banks so quickly because the full list changes slowly, and we updated it a few years ago. What is a “Bulge Bracket Bank”? The name “bulge bracket” (BB) comes from the prospectus for an IPO or debt issuance, which lists all the banks underwriting the deal.

Bulge Bracket 105

Bulge Bracket Bank Banking Boutique 105

Peak Frameworks

JULY 11, 2023

investment banking recruiting. Georgetown University has an impressive presence across Wall Street's top investment banks and has a particularly strong concentration at bulge brackets. Georgetown mostly places into the Bulge Bracket banks with a weaker percentage than most in the Elite Boutiques.

Investment Banking 40

Investment Banking Bulge Bracket Bank Banking 40

Mergers and Inquisitions

JULY 17, 2024

based bulge brackets (GS, MS, JPM, Citi, and BofA) are the strongest international banks, and Avendus, Kotak, JM Financial, ICICI, and Axis are the strongest domestic firms. Among the bulge brackets, the U.S.-based based firms (GS, MS, Citi, JPM, and BofA) tend to perform best. Here’s why it’s a Herculean task.

Investment Banking 59

Investment Banking Bank Banking Investment 59

Mergers and Inquisitions

AUGUST 16, 2023

Recruiting and whether you can break in without “donating” your kidney to Xi Jinping. Investment Banking Experience at Bulge Bracket or Top Domestic Banks – As with PE anywhere, you need a few years of IB experience to be competitive in most cases. is better for domestic funds. is better for domestic funds.

Private Equity 94

Private Equity Equities Recruitment Funds 94

Mergers and Inquisitions

APRIL 24, 2024

But then recruiting moved up, the MBA process became more structured, and now we have 4-year-olds aiming for “Target Kindergartens” so they can eventually get into investment banking ~15 years in the future. And for boutique banks , find firms that advise on deals worth less than $100 million.

IT 59

IT Investment Banking Recruitment Finance 59

Mergers and Inquisitions

JANUARY 10, 2024

Recruiting in Wealth Management vs. Investment Banking You should know all about IB recruiting from reading this site, but it’s insanely competitive and starts very early. But I’m not sure how well this works anymore because of hyper-accelerated recruiting , at least in the U.S. and your odds are not spectacular.

Investment Banking 59

Investment Banking Management Bank Banking 59

Mergers and Inquisitions

AUGUST 23, 2023

Almost nothing is worse than recruiting for investment banking internships , winning an offer, preparing , completing the internship, and then not getting a return offer. All the large investment banks – bulge brackets , elite boutiques , and middle-market firms – use internships as a recruiting tool for Analysts and Associates.

Investment Banking 52

Investment Banking Bank Banking Investment 52

Mergers and Inquisitions

JUNE 5, 2024

The compensation ceiling is lower than in IB or WM, but it’s still quite high (mid-to-upper-six figures), and recruiting is much less competitive than IB. If you’re at a target school with on-campus recruitment, option #1 will probably work best; if you’re at a lesser-known school, option #2 may be better.

Investment Banking 59

Investment Banking Management Bank Banking 59

Mergers and Inquisitions

DECEMBER 20, 2023

The IB internship recruiting timeline is now so insane that even mainstream news sources like the Wall Street Journal are writing about it (“ The Race Is On to Hire Interns for 2025. Admittedly, not all banks did this, and many bulge bracket firms will start in the normal time frame of January – March. Wealth management.

Investment Banking 105

Investment Banking Bank Banking Investment 105

Mergers and Inquisitions

JUNE 21, 2023

bulge-bracket banks , such as JPM, GS, MS, and Citi, always rank well in the league tables. The other bulge brackets (BofA, Barclays, UBS, and DB) tend to rank lower, but this varies each year. Finally, there are MENA-based boutique investment banks , such as Alpen, Arqaam, Awad, deNovo, EFG Hermes, SHUAA, and Swicorp.

Investment Banking 105

Investment Banking Bank Banking Investment 105

Mergers and Inquisitions

MAY 10, 2023

The basic difference is that the international bulge bracket banks tend to be stronger in M&A advisory and weaker in equity and debt capital markets. Among the elite boutiques , Evercore has the strongest presence in Singapore, and Rothschild also works on many deals, mostly in the middle-market space. As in the U.S.,

Investment Banking 105

Investment Banking Bank Banking Investment 105

Mergers and Inquisitions

MARCH 27, 2024

Unfortunately, it’s not quite that simple – due to massive competition, a fairly involved recruiting process, and low conversion rates at many banks. Expectations for technical skills and work experience are lower, but the process is more random than normal internship recruiting and depends on fit, grades, and activities.

Investment Banking 105

Investment Banking Bank Banking Investment 105

Mergers and Inquisitions

MARCH 22, 2023

First, Credit Suisse is obviously no longer a bulge bracket bank , so I’ll have to update that article. Before this deal, I had expected that “CS First Boston” would become another elite boutique and a strong competitor to the likes of Evercore, Lazard, and Moelis. Klein & Co. banks (GS, MS, JPM, BofA, and Citi).

Bank 98

Bank Banking Government Investment Banking 98

Mergers and Inquisitions

SEPTEMBER 11, 2024

Among the elite boutiques , Evercore and Lazard have traditionally been strong, but Moelis and Guggenheim also have significant deal flow. Among the elite boutiques , Evercore and Lazard have traditionally been strong, but Moelis and Guggenheim also have significant deal flow. but they are less consistent than those above.

Investment Banking 59

Investment Banking Bank Banking Investment 59

Mergers and Inquisitions

DECEMBER 18, 2024

While on-cycle PE recruiting keeps moving up, to the point where you must attend a target elementary school, middle school, and high school to be competitive, off-cycle private equity recruiting remains a viable option for everyone else. Off-Cycle Recruiting: Slow processes for very close start dates.

Private Equity 98

Private Equity Recruitment Equities Middle Market 98