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Vault Message Board: Investment Banking

Topic Name: TOPS in Summer Internship
Message Name: Agree with your comm
Date Posted: 02/16/2000
In Reply To: Its incorrect to leave Deutsche Bank and Warburg Dillon Read out of this ranking. Reasons: Globally, these two firms are no doubt among the top investment banks. WDR has stumbled a bit in the U.S., as has DB, but both.. especially Deutsche.. are building leading platforms. In particular, DB is set to be a top ranked firm across every function in the coming years. Chase, quite frankly, doesn't really count. Here is a more accurate scale, many other things weren't too accurate.. 1. GS 1 - 10 - 4 - 1 - 8 2. MSDW 2 - 8 - 9 - 1 - 9 3. Lehman - 7 - 5 - 2 - 4 - 2 4. DBAB - 6 - 3 - 2 - 1 - 1 4. CSFB - 3 - 10 - 5 - 3 - 8 5. DLJ - 7 - 6 - 9 - 3 - 6 7. JP Morgan - 3 - 3 - 4 - 9 - 8 8. Bear Sterans - 8 - 8 - 10 - 2 - 8 9. SSMB - 4 - 6 - 8 - 3 - 5
Message: Agree with your comment regarding DB. This firm is rising fast, and they know it. If one wants to be a part of it full-time, the best way is to get a summer internship. Because when you come knocking on the doors later, you better have experience of GS or MSDW to ease the tough sell of being a top notch candidate.

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