Remove topic barclays
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Bulge Bracket Banks: 2024 Edition

Brian DeChesare

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. Firms like Wells Fargo, RBC, and Jefferies all have annual IB revenue between $1 and $2 billion, so they’re not that far from Barclays and Citi. What’s the difference?”

Banking 100
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2022 End-of-Year Reader Q&A: Bank and School Rankings, the “New Normal” Environment, Twitter and Other Bad Deals, and Plans for Next Year

Brian DeChesare

But let’s start with my favorite topic: “ranking” banks, schools, and maybe a TV series or three. And there are no doubts about Barclays, easily the strongest of the European banks, so it will remain. A: I started this site 15 years ago, so, yes, I am tired of certain topics by now (low GPAs, the CFA, etc.).

Banking 85
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The Off-Cycle Investment Banking Internship: The Best Side Door into the Industry?

Brian DeChesare

Unfortunately, this topic is tricky to discuss because “off-cycle” means something different in Europe vs. the U.S. You’ll still spend a good chunk of time on the process, but you will not need to know technical topics in the same depth. vs. elsewhere, and it also differs at different types of banks.

Banking 59
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Public Finance Investment Banking: Pathway to Politics, or Bottom-Tier Bonus Bullpen?

Brian DeChesare

Also, there are still misconceptions about the financial modeling in the group, the hours, the exit opportunities, and other topics, so this updated article will address all of those: Definitions: What is Public Finance Investment Banking? Next, you’ll see firms like RBC, Morgan Stanley, Wells Fargo, Goldman Sachs, and Barclays.

Finance 65
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Oil & Gas Investment Banking: The First Victim of the ESG Cult?

Brian DeChesare

You do not need to be an “expert” in the technical details of oil & gas, but you should know the following topics: The different verticals and how the business models, drivers, and risk factors differ. Woodside / BHP – Australian Company’s Acquisition of BHP’s Petroleum Business (Barclays, JPM, GS, UBS, MS, Gresham, Rothschild, and KPMG).

Banking 87
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The Consumer Retail Investment Banking Group: King of the Generalists?

Brian DeChesare

If you want examples, take a look at a few from Goldman Sachs and Centerview : The differences lie in the metrics and the increased importance of certain topics, such as lease accounting. Other large banks such as JPM, Barclays, and Citi also advise on plenty of M&A and debt deals.

Banking 97
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Investment Banking in New York vs. Chicago vs. San Francisco vs. Los Angeles: How to Pick Your Poison

Brian DeChesare

I published an article on this topic of investment banking in New York vs. Chicago vs. San Francisco vs. Los Angeles vs. Houston vs. other cities a long time ago – but a fair amount has changed since then: Remote / hybrid work means that some of the advantages and disadvantages of different cities are more nebulous.

Banking 93