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BANKING AT MICHIGAN: Overview of Bulge Bracket Banks
November 11th, 2018
www.bankingatmichigan.org M I C H G A N
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Bulge Bracket Banks
M I C H G A N
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Bulge Bracket Banks
M I C H G A N
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Goldman Sachs
● Geographic Location: ○ Headquarters: New York City ○ US Offices: New York, Chicago, Huston, Los Angeles, San Francisco ● Products Offered: ○ M&A, Financing
● Perks, Cultural Strength: ○ First big bank to enact protected weekends
M I C H G A N ○ No working past midnight for interns
● Strengths, in Certain Products or Industries: ○ TMT and Equity Capital Markets
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Goldman Sachs Strength in Global ECM
M I C H G A N
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Morgan Stanley
● Geographic Location: ○ Headquarters: New York City ○ US Offices: New York City, Boston, Houston, Los Angeles, Chicago ● Products Offered: ○ M&A, Global Capital Markets
● Perks, Cultural Strength: ○ Promotes public service (over 1.6 million hours of
M I C H G A N service)
○ Supports off-cycle internships ● Strengths, in Certain Products or Industries: ○ Equity/Debt Capital Markets & High Yield Bonds
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Morgan Stanley Strength in Global ECM
M I C H G A N
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J.P. Morgan
● Geographic Location: ○ Headquarters: New York City ○ International Offices: London, Tokyo, Hong Kong, Singapore, Sao Paulo, and Mumbai ● Products Offered:
○ M&A, Equity Capital Markets/Debt Capital Markets, Global Bonds and Global Equity
M I C H G A N ● Perks, Cultural Strength:
○ One weekend off per month ● Strengths, in Certain Products or Industries: ○ Real Estate, Telecoms, and FIG
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J.P. Morgan Strength in Global IB
M I C H G A N
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Bank of America Merrill Lynch
● Geographic Location: ○ Headquarters: New York City ○ US Offices: New York, San Francisco, Charlotte, Miami, Chicago ● Products Offered: ○ M&A Advisory, Debt/Equity Capital Markets
■ World leader in Credit, Securitization, Municipal Finance and Debt
Capital Markets ● Perks, Cultural Strength: M I C H G A N
○ Opportunity to interact with senior members of various companies early in career ○ Ranked #1 in Overall Diversity, Female Diversity and
LGBT Diversity
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Bank of America Merrill Lynch Strength in Global IB and IPOs
M I C H G A N
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Citi
● Geographic Location: ○ Headquarters: New York City ○ US Offices: San Francisco, Huston, New York, Los Angeles, Chicago ● Products Offered:
○ M&A, Debt/Equity Financing, Restructuring ● Perks, Cultural Strength:
○ M I C H G A N Fast Paced work environment and collaboration with senior
bankers, great learning environment ● Strengths, in Certain Products or Industries: ○ Industrials, TMT, Consumer Products
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Barclays
● Geographic Location: ○ Headquarters: London ○ US Offices: New York, CA, Chicago, ● Products Offered: Advisory, Financing and Risk Management
○ Strong when it comes to deals involving debt markets and other fixed
securities markets ● Perks, Cultural Strength:
○ Appointed first female banking manager M I C H G A N
○ Collaborative, Diverse, Goal Oriented
○ Large growth opportunities ● Purchased key assets of Lehman Brothers after its
bankruptcy in 2008
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Barclays Strength in Global DCM
M I C H G A N
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Credit Suisse
● Geographic Location: ○ Headquarters: Zürich , Switzerland ○ US offices: Boston, Chicago, New York, San Francisco, Houston, Los Angeles ● Products Offered:
○ M&A, Debt/Equity Financing ● Industry Expertise:
M I C H G A N ○ Global Energy: Oil & Gas, Healthcare, Retail and Consumer Products,
Real Estate, Technology, Media & Telecom ● Perks, Cultural Strength: ○ Emphasis on Internal Mobility
○ Solid Perks e.g. 401k matching B A N K I G T Website 15 Website | Version 1.0
Deutsche Bank
● Geographic Location: ○ Headquarters: Frankfurt, Germany ○ US Locations: San Francisco, Chicago, New York, Houston, Seattle ● Products Offered: ○ M&A and Debt/Equity Financing
● Perks, Cultural Strength: ○ Key Pillars: Integrity, sustainable performance, client centricity,
M I C H G A N innovation, discipline, and partnership
○ Open communication encouraged at every level ● Strengths, in Certain Products or Industries: ○ Debt/Equity Capital Markets
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UBS
● Geographic Location: ○ Headquarters: Basel, Switzerland ● Products Offered: ○ M&A, Global Capital Markets, Investment Research, and Sales & Trading ● Perks, Cultural Strength:
○ Promote internal mobility throughout organization to enhance employee growth
M I C H G A N ○ Want employees to be inspiring role models, focus on creating long
term client value and taking ownership and delivering results. ● Strengths, in Certain Products or Industries: ○ IPOs and Equity Capital Markets
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RBC- Royal Bank of Canada
● Geographic Location: New York City ○ Headquarters: Toronto, Canada ● Products Offered: ○ M&A, Equity Capital Markets/Debt Capital Markets, IPO ● Perks, Cultural Strength:
○ Collaborative work environment
○ Freedom for analysts and not micromanaged
M I C H G A N ● Strengths, in Certain Products or Industries:
○ Canada Corporate Bonds and Canada
Equity
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RBC- Royal Bank of Canada- Strength in Canadian DCM
M I C H G A N
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Wells Fargo
● Geographic Location: New York ○ Headquarters: San Francisco, California ● Products Offered: ○ Advisory Services, Equity Capital Markets, Debt Capital Markets ● Perks, Cultural Strength:
○ Supportive environment
○ Large amount of in-house training opportunities ● Strengths, in Certain Products or Industries: M I C H G A N
○ Equity Capital Markets: Energy and Utility,
Consumer and retail
○ Debt Capital Markets: Loan Syndications,
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AUTHORS
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Authors
● Ally Gillman ● Collin Laing ● Daniel Soper ● Gabrielle Sadler
M I C H G A N
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