With the exception of the first, which comes from the European banking analysts at Deutsche Bank, they're all the work of Tricumen, a banking intelligence firm co-partnered by a former head of EMEA strategy at J.P. Morgan.
Barclays … Tricumen's spider charts below depict average productivity per head for each bank by division and region. 3, respectively. The best and worst banks to work for in spring 2019, by JPMorgan by Sarah Butcher 09 April 2019 Now that banks are embarking upon wholesale restructuring plans, you may be feeling a little restless. Tricumen says UBS's EMEA IBD professionals are strangely unproductive (around 1.5 standard deviations below the mean). Still, if you want to be safe, a job at a big U.S. universal bank looks like the best bet.Please click the verification link in your email to activate your newsletter subscriptionBy comparison, Tricumen says most investment bankers at European banks are seriously unproductive on Wall Street. For a look at the top 10 investment banks to work for – based on a survey of past and current employees – check out our slideshow below. Worryingly for employees of these banks, equities was the only sector where they competed with the large US firms.Please click the verification link in your email to activate your newsletter subscriptionGet the latest career advice and insight from eFinancialCareers straight to your inbox Across investment banking divisions as a whole, J.P. Morgan, Citi and Bank of America look great. JPMorgan’s investment bank also posted a solid 14% RoE, which outperformed out-performed Wall Street peers like Goldman Sachs and its 10% RoE. By comparison, Tricumen says Credit Suisse's EMEA IBD bankers punch above their weight.With the following charts, all these questions will hopefully be answered. 1, while Evercore and Centerview Partners held their places at No. Based on its own research, they imply that some businesses are far more productive than others.Which banks can afford to hire now? Investment banks are notorious for their demanding hours, with … J.P. Morgan, while largely still dominating its rivals, no longer appears so omnipotent. You Strive for a Work-Life Balance.
Which divisions should you be working for (and where) and which divisions should you avoid?You may notice, however, that DB's chart is based on figures from last year. Which banks need to cut back? Today, we released our annual Vault Banking 50, a ranking of the best investment banks to work for in North America.This year, Goldman Sachs again ranked No. The bad news for employees who enjoy the prestigious feeling of working for a big-name investment bank is that several bulge-brackets tumbled down the list compared to last year, including Goldman Sachs, J.P. Morgan, Credit Suisse and Deutsche Bank. The real productivity straggler in U.S. fixed income is therefore Credit Suisse - the chart below suggests productivity there is nearly two standard deviations below the mean and that CS either needs to increase revenues or cut some staff.UBS's entire investment bank is run by a former M&A banker from BAML, Andrea Orcel. Bank of America, Citibank, Wells Fargo, and Chase-- also referred to as the Big Four-- all ended up with the dubious honor of making the cut.
Worryingly for employees of these banks, equities was the only sector where they competed with the large US firms. 5.
This is especially the case at UBS. The chart below from DB's European banking analysts suggests Credit Suisse has a cost problem. Here are the top 10 firms in the new Banking 50: The best and worst banks to work for, by division and region 1. It slipped from first in equities during the first quarter of 2014, to third this year. This is, however, supplanted by two positive developments – it’s now the top investment bank in IBD and the sole leader within the fixed income currencies and commodities division (FICC) – at the expense of Deutsche Bank.Goldman Sachs and Morgan Stanley are now the top investment banks in equities, pushing out both Credit Suisse and UBS from the top three.