Big 4 transaction services to investment banking

If you want to work for a large PE, a large hedge fund, or work for a bulge bracket above analyst level though, this seems to be much much harder from TS than from a bulge bracket IB. For Financial Due Diligence, Big 4 TS will work on the same deals and with the same clients as big banks do, since FDD as a service is generally provided by audit companies, not banks. In the UK big 4 TS are the best at what they do, so any large deal requiring diligence will go through them, meaning they work with very large clients and on headline deals. All your points are true, but the main issue is that the entire financial system is unstable and has been for decades. However, given my current schedule roughly emails per day, 10, words of content, and constant emergencies , it is unlikely I will be able to respond quickly. Start Discussion.

Please excuse my ignorance regarding this thread, but I’m a bit confused sevrices to the difference between work done in TS versus work done at an i-bank. Could anyone speaking from experience expand on the difference? The reason I ask is because, if currently working servicee a tax department at a Big 4, I am interested in knowing whether it investkent be wisest to jump into an i-bank or the TS department of a Big 4, given that my goal is to eventually wind up in PE. I’m trying to think of all the possible routes I could take if I was unable to get into banking but had some choices at a Big 4. I think if you can get into the corporate finance arm that some of the Big 4 have, they’re usually a specialty group under TS, and are exactly like IB. TS is due diligence on transactions, i.

If you’re new here, please click here to get my FREE page investment banking recruiting guide — plus, get weekly updates so that you can break into investment banking. Thanks for visiting! A: I studied economics during my time in undergrad in the US, did a few finance-related internships, and one summer I had the chance to study abroad in various Asian countries. That sparked my interest in East Asia, so when I came home I went to networking events and met someone at a boutique strategy consulting firm in Beijing — a firm with a job opening at that time. It was a 1-year commitment at first, and I had nothing to lose, so I joined his company and moved there right after graduating. We were working with a lot of foreign firms interested in investments in mainland China, so I spent most of my time interacting with them. Q: OK, so they were looking for a foreigner who could work with Western companies and who also wanted to live in China.

The following list catalogues the largest, most profitable, and otherwise notable investment banks. This list of investment banks notes full-service banks, financial conglomeratesindependent investment trajsactionprivate placement firms and notable acquired, merged, or bankrupt investment banks.

As an industry it is broken up into the Bulge Bracket upper tierMiddle Market mid-level businessesand boutique market big 4 transaction services to investment banking businesses. The following are the largest full-service global investment banks; full-service investment banks usually provide both advisory and financing banking servicesas well as sales, market makingand research on a broad array of financial products, including equitiescreditratescurrencycommoditiesand their derivatives.

The largest investment banks are noted with the following: [3] [4]. Many of the largest investment banks are considered among the » Bulge Bracket banks » and as such underwrite the majority of financial transactions in the world. Large financial-services conglomerates combine commercial bankinginvestment bankingand sometimes insurance. The following are large investment banking firms not listed above that are affiliated with large financial institutions: [6].

Private placement agentsincluding firms that specialize in fundraising for private equity funds : [8] [9]. The following are notable investment banking and brokerage firms that have been liquidated, acquired or merged and no longer operate under the bih. From Wikipedia, the free encyclopedia. Corporate Finance Institute. December 1, Retrieved December 1, Retrieved Herring and Robert E. Top Placement Agents at End of Wall Street Journal, April 22, Corporate finance and investment banking.

Debt restructuring Debtor-in-possession financing Financial sponsor Leveraged buyout Leveraged recapitalization High-yield debt Private equity Project finance. List of investment banks Outline of finance.

Categories : Investment banks Lists of banks. Hidden categories: Wikipedia indefinitely semi-protected pages. Namespaces Article Talk.

Views Read View source View history. Languages Bahasa Indonesia Edit links. By using this site, you agree to the Terms of Servces and Privacy Policy. The Argosy Group. Unterberg, Towbin. Commodities Corporation. Drexel Burnham Lambert. First Boston Corporation. Giuliani Capital Advisors. Ultimately acquired by American Express in Knvestment acquired by Piper Jaffray in ; company continues as asset management house under Nuveen Investmentswhich is controlled by private equity firm Madison Dearborn Partners.

Unterberg, Towbin, with parts sold to Oppenheimer. Sold again in to BankBoston later FleetBoston Financial and would operate as Robertson Stephens from inveestment, when the firm was shuttered after the collapse of the Internet bubble. Warburg or Warburg Pincus ; see Warburg family. Shearson Lehman Hutton. Soundview Technology Group. Swiss Bank Corporation. Union Bank of Switzerland. Equity offerings At-the-market offering Book building Bookrunner Bought deal Bought out deal Corporate spin-off Equity carve-out Follow-on offering Greenshoe Reverse Initial public offering Private placement Public offering Rights issue Seasoned equity offering Secondary market offering Underwriting.

Can you switch to Finance or Consulting from the Big 4

I have an offer for Deloitte Corporate Finance Advisory. That invesfment geared more towards finance and accounting as opposed to the summer firm which is just accounting. In quite a conundrum, at the Big 4 TS right now and need some career advice albeit wish I could take this offline as my situation is unique and several colleagues and friends are always on this site great job btw! Cedar September 20, It seems like ER at a large bank vs. Max January 4, Do you know much about the operational due diligence team in Big 4 that was described in this article?