Never has it been more important to work for a top tier investment bank. Analysts at Oliver Wyman and Morgan Stanley point out that margins are much higher for market leaders in particular sectors and for particular products. Higher margins equate to higher job security and to higher pay.
But which banks are top tier? How do you know that the bank you’re joining (or already working for) is genuinely a market leader in your product area? Look at the charts below.
Using data from Coalition, Thomson Reuters and Dealogic, we’ve assembled charts on the top three investment banks by region, product and sector. There are some surprises (for example, UBS is no longer a big deal in cash equities) and there are some inevitabilities (the top three investment banks in most sectors and regions are from the U.S.).
Some banks are notably absent. RBS is nowhere. Nor is BNP Paribas. Credit Suisse is top tier in securitized product trading and that’s about all.
Top banks in G10 rates
Top banks in G10 FX
Top banks in emerging markets fixed income trading
Top banks globally in credit trading
Top banks globally in securitized debt trading
Top banks globally in commodities trading
Top banks globally in cash equities trading
Top banks globally in equity derivatives trading
Top banks globally in prime services
Top banks globally in futures and options trading
Top banks in all U.S. M&A
Top banks in all EMEA M&A
Top banks in all APAC M&A
Top banks in EMEA materials M&A
Top banks in EMEA industrials M&A
Top banks in EMEA financial institutions M&A
Top banks in EMEA healthcare M&A
Top banks in EMEA real estate M&A
Top banks in US energy & power M&A
Top banks in US technology M&A
Top banks in US industrials M&A
Top banks in US DCM
Top banks in EMEA DCM
Top banks in APAC DCM
Top banks in US ECM
Top banks in EMEA ECM
Top banks in APAC ECM
Photo credit: scaliger/istock/Thinkstock