| Topic Name: |
Truly Global Investment Banks |
| Message Name: |
well |
| Date Posted: |
04/25/2000 |
| In Reply To: |
I mean.. Warburg is a "global i-bank".. but certainly Deutsche Bank has a much stronger prescence and is growing this platform in the states.. I don't work for DB, actually I work for Bear.. but we admit that this is not an international i-bank, at least not in revenue percentages and league table stats abroad.
Yeah.. I would say that Deutsche Bank tops the list.. this is not to say they are strongest abroad.. they lead (ex. M&A) in Euroland and are building upon Alex. Brown's niche boutique status very well.. remember that Alex. Brown was a Robbie/Montgomery/H&Q style firm 2 years ago before Bankers Trust bought more boutiques for it, plus Natwest.. My girlfriend used to work for them
whatever.. I'm happy in the U.S. this is where all the money and women without accents are.. |
| Message: |
No doubt Deutsche Bank is making huge progress.. I won't dispute this..
But come on.. THE "international" i-bank is clearly CSFB.. it is BB in U.S., Europe, AND Asia. With huge positions in all markets.
The Deutsche dream is still a few years off, but CSFB has been there for more than a decade... plus one must never count out the American BBs.. GS/MS/Merrill have really extended their reach around the world in short, short time.
I personally discount Warburg, nice buyout target at best. Chase will always be basing their BB status through loan syndication.
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