Remove Bulge Bracket Remove Debt Remove Recruitment
article thumbnail

Equity Research vs. Investment Banking: Careers, Compensation, Exits, and AI/Automation Risk

Mergers and Inquisitions

The more significant equity research vs. investment banking differences relate to recruiting and careers , including points such as the compensation and exit opportunities. But you would not build models for M&A deals, leveraged buyouts, or debt/equity issuances in research or at least, they would be far simpler than the IB versions.

article thumbnail

Sports Investment Banking: How to Win the Super Bowl and the World Cup in the Same Year

Mergers and Inquisitions

Recruiting and Daily Life as an Analyst or Associate in Sports Investment Banking Sports Sector Trends and Drivers Sports Investment Banking by Vertical Teams & Leagues Technology & Services Facilities (Stadiums, Arenas, etc.) Can teams carry debt? What is Sports Investment Banking? How many individuals can be team owners?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bulge Bracket Banks: 2024 Edition

Mergers and Inquisitions

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.

article thumbnail

Commercial Banking vs. Investment Banking: Careers, Recruiting, Compensation, and Exits

Mergers and Inquisitions

So, I’ll take a different approach here and focus on the differences in careers and recruiting , including interviews, advancement, salaries, and exit opportunities. Recruiting into commercial banking roles is less competitive than IB, and you could win them with less impressive stats, such as a mid-tier university, a 3.4

article thumbnail

Capital Markets vs. Investment Banking: Deals, Careers, Recruiting, Exits, and Offer Decisions

Mergers and Inquisitions

or debt offerings (investment-grade or high-yield bonds). Capital Markets vs. Investment Banking: Recruiting and Interviews Very little about the recruiting process is different, partially because each bank does it differently. You can expect the same early recruiting timeline in the U.S.,

article thumbnail

Investment Banking in Singapore: The Best Gateway to Asia for the Non-Chinese?

Mergers and Inquisitions

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. These banks focus on the capital markets, so you should target the bulge brackets if you want to work on M&A deals. As in the U.S.,

article thumbnail

Investment Banking in India: Please Avoid It and Try Again in Another Country

Mergers and Inquisitions

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. Financials are usually in the #1 spot because banks and insurance firms constantly issue debt; other sectors trade places in the rankings.