The top teams at the top banks in London and on Wall Street
So you want to work for a top team in a top investment bank? That's nice: good for you. Except, is the team you're joining really top in its sector? Just because Goldman Sachs is one of the top investment banking fee earners in EMEA, is its healthcare team really so special? Although Credit Suisse ranks among the biggest equity traders in the U.S., is its American algorithmic business really up to scratch?
To help you establish the best home for your talents right now, we've assembled detailed information on the top teams in the six biggest investment banking sectors by division and region and presented them (courtesy of Dealogic) in the tables below. We've also added in information from Greenwich Associates on the best banks in sales and trading by region.
As the information below reflects, top banks are not always what they seem. Morgan Stanley, for example, is strong in most major sectors of European ECM - but not industrials; Jefferies ranks outside the top three in most U.S. M&A sectors, but is big in energy and natural resources; Credit Suisse is a nothing in rates trading, but huge in securitization. Look before you leap.
Even if you join a team that's making top revenues there's a danger it will be constrained by low productivity across the division and you won't get paid. If you're looking for the most productive divisions by region, check the latest information from Tricumen, here.
The top teams at the top banks in The City of London
Do you really need to work for a U.S. investment bank even in Europe? Not exactly: as the charts below show, Deutsche, UBS and HSBC all have their strengths if you choose your team carefully.
The top teams for equities trading in Europe:
The top teams for fixed income trading in Europe (2016):
The top teams for equity capital markets (ECM) deals in EMEA by sector:
The top teams for debt capital markets (DCM) deals in EMEA by sector:
The top teams for M&A deals in EMEA by sector:
The top teams at the top banks on Wall Street
The big U.S. investment banks are unsurprisingly dominant in their home market, but this doesn't mean you should discount smaller firms and Europeans. As the charts below show, Barclays and Credit Suisse especially have pockets of strength in the U.S. market and Deutsche is one of the leaders when it comes to helping finance firms raise money on the debt markets (FIG DCM).
The top banks for equity trading in the U.S.
The top teams for fixed income trading in the U.S.:
The top teams for equity capital markets (ECM) deals in the U.S. by sector:
The top teams for debt capital markets (DCM) deals in the U.S. by sector:
The top teams for M&A deals on Wall Street by sector:
Have a story or comment you’d like to share? Contact: sbutcher@efinancialcareers.com