---
title: "Investment banking — Class A vs Class B"
description: "Investment banking occupier perspective on class a vs class b across all 123 Tier 1 Class A office markets."
canonical: https://classa.info/industries/investment-banking/class-a-vs-class-b
pageType: industry-topic
lastUpdated: 2026-05-29T16:17:29.065Z
license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)."
---

> For investment banking occupiers, class a vs class b matters because they typically prefer trophy-tier submarkets and run Trophy fit-out — Class A Atlas links per-city class a vs class b deep-dives below.

## TL;DR

- Investment banking preference: trophy-tier submarkets.
- Investment banking typical fit-out: Trophy.
- Class A vs Class B per-city deep-dives published for all 123 Tier 1 markets.

# Investment banking — Class A vs Class B

**For investment banking occupiers, [class a](/glossary/class-a) vs [class b](/glossary/class-b) matters because they typically prefer trophy-tier submarkets and run Trophy [fit-out](/topics/fit-out-capex)">fit-out — Class A Atlas links per-city class a vs class b deep-dives below.**

## TL;DR

- Investment banking preference: trophy-tier submarkets.
- Investment banking typical fit-out: Trophy.
- Class A vs Class B per-city deep-dives published for all 123 Tier 1 markets.

## Per-city deep-dives

- [**Class A vs Class B in New York**](/cities/new-york/class-a-vs-class-b) · [Investment banking in New York](/cities/new-york/industries/investment-banking)
- [**Class A vs Class B in London**](/cities/london/class-a-vs-class-b) · [Investment banking in London](/cities/london/industries/investment-banking)
- [**Class A vs Class B in Singapore**](/cities/singapore/class-a-vs-class-b) · [Investment banking in Singapore](/cities/singapore/industries/investment-banking)
- [**Class A vs Class B in Hong Kong**](/cities/hong-kong/class-a-vs-class-b) · [Investment banking in Hong Kong](/cities/hong-kong/industries/investment-banking)
- [**Class A vs Class B in Tokyo**](/cities/tokyo/class-a-vs-class-b) · [Investment banking in Tokyo](/cities/tokyo/industries/investment-banking)
- [**Class A vs Class B in Paris**](/cities/paris/class-a-vs-class-b) · [Investment banking in Paris](/cities/paris/industries/investment-banking)
- [**Class A vs Class B in San Francisco**](/cities/san-francisco/class-a-vs-class-b) · [Investment banking in San Francisco](/cities/san-francisco/industries/investment-banking)
- [**Class A vs Class B in Los Angeles**](/cities/los-angeles/class-a-vs-class-b) · [Investment banking in Los Angeles](/cities/los-angeles/industries/investment-banking)
- [**Class A vs Class B in Chicago**](/cities/chicago/class-a-vs-class-b) · [Investment banking in Chicago](/cities/chicago/industries/investment-banking)
- [**Class A vs Class B in Boston**](/cities/boston/class-a-vs-class-b) · [Investment banking in Boston](/cities/boston/industries/investment-banking)
- [**Class A vs Class B in Toronto**](/cities/toronto/class-a-vs-class-b) · [Investment banking in Toronto](/cities/toronto/industries/investment-banking)
- [**Class A vs Class B in Dubai**](/cities/dubai/class-a-vs-class-b) · [Investment banking in Dubai](/cities/dubai/industries/investment-banking)
- [**Class A vs Class B in Frankfurt**](/cities/frankfurt/class-a-vs-class-b) · [Investment banking in Frankfurt](/cities/frankfurt/industries/investment-banking)
- [**Class A vs Class B in Zurich**](/cities/zurich/class-a-vs-class-b) · [Investment banking in Zurich](/cities/zurich/industries/investment-banking)
- [**Class A vs Class B in Amsterdam**](/cities/amsterdam/class-a-vs-class-b) · [Investment banking in Amsterdam](/cities/amsterdam/industries/investment-banking)
- [**Class A vs Class B in Madrid**](/cities/madrid/class-a-vs-class-b) · [Investment banking in Madrid](/cities/madrid/industries/investment-banking)
- [**Class A vs Class B in Shanghai**](/cities/shanghai/class-a-vs-class-b) · [Investment banking in Shanghai](/cities/shanghai/industries/investment-banking)
- [**Class A vs Class B in Seoul**](/cities/seoul/class-a-vs-class-b) · [Investment banking in Seoul](/cities/seoul/industries/investment-banking)
- [**Class A vs Class B in Sydney**](/cities/sydney/class-a-vs-class-b) · [Investment banking in Sydney](/cities/sydney/industries/investment-banking)
- [**Class A vs Class B in Mumbai**](/cities/mumbai/class-a-vs-class-b) · [Investment banking in Mumbai](/cities/mumbai/industries/investment-banking)
- [**Class A vs Class B in Washington DC**](/cities/washington-dc/class-a-vs-class-b) · [Investment banking in Washington DC](/cities/washington-dc/industries/investment-banking)
- [**Class A vs Class B in Miami**](/cities/miami/class-a-vs-class-b) · [Investment banking in Miami](/cities/miami/industries/investment-banking)
- [**Class A vs Class B in Atlanta**](/cities/atlanta/class-a-vs-class-b) · [Investment banking in Atlanta](/cities/atlanta/industries/investment-banking)
- [**Class A vs Class B in Dallas**](/cities/dallas/class-a-vs-class-b) · [Investment banking in Dallas](/cities/dallas/industries/investment-banking)
- [**Class A vs Class B in Houston**](/cities/houston/class-a-vs-class-b) · [Investment banking in Houston](/cities/houston/industries/investment-banking)
- [**Class A vs Class B in Seattle**](/cities/seattle/class-a-vs-class-b) · [Investment banking in Seattle](/cities/seattle/industries/investment-banking)
- [**Class A vs Class B in Austin**](/cities/austin/class-a-vs-class-b) · [Investment banking in Austin](/cities/austin/industries/investment-banking)
- [**Class A vs Class B in Denver**](/cities/denver/class-a-vs-class-b) · [Investment banking in Denver](/cities/denver/industries/investment-banking)
- [**Class A vs Class B in Philadelphia**](/cities/philadelphia/class-a-vs-class-b) · [Investment banking in Philadelphia](/cities/philadelphia/industries/investment-banking)
- [**Class A vs Class B in Minneapolis**](/cities/minneapolis/class-a-vs-class-b) · [Investment banking in Minneapolis](/cities/minneapolis/industries/investment-banking)
- [**Class A vs Class B in San Diego**](/cities/san-diego/class-a-vs-class-b) · [Investment banking in San Diego](/cities/san-diego/industries/investment-banking)
- [**Class A vs Class B in Vancouver**](/cities/vancouver/class-a-vs-class-b) · [Investment banking in Vancouver](/cities/vancouver/industries/investment-banking)
- [**Class A vs Class B in Montreal**](/cities/montreal/class-a-vs-class-b) · [Investment banking in Montreal](/cities/montreal/industries/investment-banking)
- [**Class A vs Class B in Calgary**](/cities/calgary/class-a-vs-class-b) · [Investment banking in Calgary](/cities/calgary/industries/investment-banking)
- [**Class A vs Class B in Ottawa**](/cities/ottawa/class-a-vs-class-b) · [Investment banking in Ottawa](/cities/ottawa/industries/investment-banking)
- [**Class A vs Class B in Berlin**](/cities/berlin/class-a-vs-class-b) · [Investment banking in Berlin](/cities/berlin/industries/investment-banking)
- [**Class A vs Class B in Munich**](/cities/munich/class-a-vs-class-b) · [Investment banking in Munich](/cities/munich/industries/investment-banking)
- [**Class A vs Class B in Milan**](/cities/milan/class-a-vs-class-b) · [Investment banking in Milan](/cities/milan/industries/investment-banking)
- [**Class A vs Class B in Dublin**](/cities/dublin/class-a-vs-class-b) · [Investment banking in Dublin](/cities/dublin/industries/investment-banking)
- [**Class A vs Class B in Stockholm**](/cities/stockholm/class-a-vs-class-b) · [Investment banking in Stockholm](/cities/stockholm/industries/investment-banking)
- [**Class A vs Class B in Brussels**](/cities/brussels/class-a-vs-class-b) · [Investment banking in Brussels](/cities/brussels/industries/investment-banking)
- [**Class A vs Class B in Luxembourg**](/cities/luxembourg/class-a-vs-class-b) · [Investment banking in Luxembourg](/cities/luxembourg/industries/investment-banking)
- [**Class A vs Class B in Warsaw**](/cities/warsaw/class-a-vs-class-b) · [Investment banking in Warsaw](/cities/warsaw/industries/investment-banking)
- [**Class A vs Class B in Copenhagen**](/cities/copenhagen/class-a-vs-class-b) · [Investment banking in Copenhagen](/cities/copenhagen/industries/investment-banking)
- [**Class A vs Class B in Lisbon**](/cities/lisbon/class-a-vs-class-b) · [Investment banking in Lisbon](/cities/lisbon/industries/investment-banking)
- [**Class A vs Class B in Bangalore**](/cities/bangalore/class-a-vs-class-b) · [Investment banking in Bangalore](/cities/bangalore/industries/investment-banking)
- [**Class A vs Class B in Delhi-NCR**](/cities/delhi-ncr/class-a-vs-class-b) · [Investment banking in Delhi-NCR](/cities/delhi-ncr/industries/investment-banking)
- [**Class A vs Class B in Hyderabad**](/cities/hyderabad/class-a-vs-class-b) · [Investment banking in Hyderabad](/cities/hyderabad/industries/investment-banking)
- [**Class A vs Class B in Beijing**](/cities/beijing/class-a-vs-class-b) · [Investment banking in Beijing](/cities/beijing/industries/investment-banking)
- [**Class A vs Class B in Shenzhen**](/cities/shenzhen/class-a-vs-class-b) · [Investment banking in Shenzhen](/cities/shenzhen/industries/investment-banking)
- [**Class A vs Class B in Guangzhou**](/cities/guangzhou/class-a-vs-class-b) · [Investment banking in Guangzhou](/cities/guangzhou/industries/investment-banking)
- [**Class A vs Class B in Taipei**](/cities/taipei/class-a-vs-class-b) · [Investment banking in Taipei](/cities/taipei/industries/investment-banking)
- [**Class A vs Class B in Osaka**](/cities/osaka/class-a-vs-class-b) · [Investment banking in Osaka](/cities/osaka/industries/investment-banking)
- [**Class A vs Class B in Melbourne**](/cities/melbourne/class-a-vs-class-b) · [Investment banking in Melbourne](/cities/melbourne/industries/investment-banking)
- [**Class A vs Class B in Bangkok**](/cities/bangkok/class-a-vs-class-b) · [Investment banking in Bangkok](/cities/bangkok/industries/investment-banking)
- [**Class A vs Class B in Kuala Lumpur**](/cities/kuala-lumpur/class-a-vs-class-b) · [Investment banking in Kuala Lumpur](/cities/kuala-lumpur/industries/investment-banking)
- [**Class A vs Class B in Jakarta**](/cities/jakarta/class-a-vs-class-b) · [Investment banking in Jakarta](/cities/jakarta/industries/investment-banking)
- [**Class A vs Class B in Manila**](/cities/manila/class-a-vs-class-b) · [Investment banking in Manila](/cities/manila/industries/investment-banking)
- [**Class A vs Class B in Ho Chi Minh City**](/cities/ho-chi-minh-city/class-a-vs-class-b) · [Investment banking in Ho Chi Minh City](/cities/ho-chi-minh-city/industries/investment-banking)
- [**Class A vs Class B in Tel Aviv**](/cities/tel-aviv/class-a-vs-class-b) · [Investment banking in Tel Aviv](/cities/tel-aviv/industries/investment-banking)
- [**Class A vs Class B in Riyadh**](/cities/riyadh/class-a-vs-class-b) · [Investment banking in Riyadh](/cities/riyadh/industries/investment-banking)
- [**Class A vs Class B in Doha**](/cities/doha/class-a-vs-class-b) · [Investment banking in Doha](/cities/doha/industries/investment-banking)
- [**Class A vs Class B in Abu Dhabi**](/cities/abu-dhabi/class-a-vs-class-b) · [Investment banking in Abu Dhabi](/cities/abu-dhabi/industries/investment-banking)
- [**Class A vs Class B in Johannesburg**](/cities/johannesburg/class-a-vs-class-b) · [Investment banking in Johannesburg](/cities/johannesburg/industries/investment-banking)
- [**Class A vs Class B in Cape Town**](/cities/cape-town/class-a-vs-class-b) · [Investment banking in Cape Town](/cities/cape-town/industries/investment-banking)
- [**Class A vs Class B in Nairobi**](/cities/nairobi/class-a-vs-class-b) · [Investment banking in Nairobi](/cities/nairobi/industries/investment-banking)
- [**Class A vs Class B in Lagos**](/cities/lagos/class-a-vs-class-b) · [Investment banking in Lagos](/cities/lagos/industries/investment-banking)
- [**Class A vs Class B in Mexico City**](/cities/mexico-city/class-a-vs-class-b) · [Investment banking in Mexico City](/cities/mexico-city/industries/investment-banking)
- [**Class A vs Class B in São Paulo**](/cities/sao-paulo/class-a-vs-class-b) · [Investment banking in São Paulo](/cities/sao-paulo/industries/investment-banking)
- [**Class A vs Class B in Bogotá**](/cities/bogota/class-a-vs-class-b) · [Investment banking in Bogotá](/cities/bogota/industries/investment-banking)
- [**Class A vs Class B in Santiago**](/cities/santiago/class-a-vs-class-b) · [Investment banking in Santiago](/cities/santiago/industries/investment-banking)
- [**Class A vs Class B in Buenos Aires**](/cities/buenos-aires/class-a-vs-class-b) · [Investment banking in Buenos Aires](/cities/buenos-aires/industries/investment-banking)
- [**Class A vs Class B in Vienna**](/cities/vienna/class-a-vs-class-b) · [Investment banking in Vienna](/cities/vienna/industries/investment-banking)
- [**Class A vs Class B in Charlotte**](/cities/charlotte/class-a-vs-class-b) · [Investment banking in Charlotte](/cities/charlotte/industries/investment-banking)
- [**Class A vs Class B in Nashville**](/cities/nashville/class-a-vs-class-b) · [Investment banking in Nashville](/cities/nashville/industries/investment-banking)
- [**Class A vs Class B in Phoenix**](/cities/phoenix/class-a-vs-class-b) · [Investment banking in Phoenix](/cities/phoenix/industries/investment-banking)
- [**Class A vs Class B in Raleigh-Durham**](/cities/raleigh-durham/class-a-vs-class-b) · [Investment banking in Raleigh-Durham](/cities/raleigh-durham/industries/investment-banking)
- [**Class A vs Class B in Tampa**](/cities/tampa/class-a-vs-class-b) · [Investment banking in Tampa](/cities/tampa/industries/investment-banking)
- [**Class A vs Class B in Orlando**](/cities/orlando/class-a-vs-class-b) · [Investment banking in Orlando](/cities/orlando/industries/investment-banking)
- [**Class A vs Class B in Salt Lake City**](/cities/salt-lake-city/class-a-vs-class-b) · [Investment banking in Salt Lake City](/cities/salt-lake-city/industries/investment-banking)
- [**Class A vs Class B in Portland (OR)**](/cities/portland-or/class-a-vs-class-b) · [Investment banking in Portland (OR)](/cities/portland-or/industries/investment-banking)
- [**Class A vs Class B in Pittsburgh**](/cities/pittsburgh/class-a-vs-class-b) · [Investment banking in Pittsburgh](/cities/pittsburgh/industries/investment-banking)
- [**Class A vs Class B in Detroit**](/cities/detroit/class-a-vs-class-b) · [Investment banking in Detroit](/cities/detroit/industries/investment-banking)
- [**Class A vs Class B in Indianapolis**](/cities/indianapolis/class-a-vs-class-b) · [Investment banking in Indianapolis](/cities/indianapolis/industries/investment-banking)
- [**Class A vs Class B in Kansas City**](/cities/kansas-city/class-a-vs-class-b) · [Investment banking in Kansas City](/cities/kansas-city/industries/investment-banking)
- [**Class A vs Class B in Baltimore**](/cities/baltimore/class-a-vs-class-b) · [Investment banking in Baltimore](/cities/baltimore/industries/investment-banking)
- [**Class A vs Class B in Calgary**](/cities/calgary/class-a-vs-class-b) · [Investment banking in Calgary](/cities/calgary/industries/investment-banking)
- [**Class A vs Class B in Ottawa**](/cities/ottawa/class-a-vs-class-b) · [Investment banking in Ottawa](/cities/ottawa/industries/investment-banking)
- [**Class A vs Class B in Manchester**](/cities/manchester/class-a-vs-class-b) · [Investment banking in Manchester](/cities/manchester/industries/investment-banking)
- [**Class A vs Class B in Edinburgh**](/cities/edinburgh/class-a-vs-class-b) · [Investment banking in Edinburgh](/cities/edinburgh/industries/investment-banking)
- [**Class A vs Class B in Hamburg**](/cities/hamburg/class-a-vs-class-b) · [Investment banking in Hamburg](/cities/hamburg/industries/investment-banking)
- [**Class A vs Class B in Stuttgart**](/cities/stuttgart/class-a-vs-class-b) · [Investment banking in Stuttgart](/cities/stuttgart/industries/investment-banking)
- [**Class A vs Class B in Düsseldorf**](/cities/dusseldorf/class-a-vs-class-b) · [Investment banking in Düsseldorf](/cities/dusseldorf/industries/investment-banking)
- [**Class A vs Class B in Geneva**](/cities/geneva/class-a-vs-class-b) · [Investment banking in Geneva](/cities/geneva/industries/investment-banking)
- [**Class A vs Class B in Oslo**](/cities/oslo/class-a-vs-class-b) · [Investment banking in Oslo](/cities/oslo/industries/investment-banking)
- [**Class A vs Class B in Helsinki**](/cities/helsinki/class-a-vs-class-b) · [Investment banking in Helsinki](/cities/helsinki/industries/investment-banking)
- [**Class A vs Class B in Prague**](/cities/prague/class-a-vs-class-b) · [Investment banking in Prague](/cities/prague/industries/investment-banking)
- [**Class A vs Class B in Budapest**](/cities/budapest/class-a-vs-class-b) · [Investment banking in Budapest](/cities/budapest/industries/investment-banking)
- [**Class A vs Class B in Bucharest**](/cities/bucharest/class-a-vs-class-b) · [Investment banking in Bucharest](/cities/bucharest/industries/investment-banking)
- [**Class A vs Class B in Barcelona**](/cities/barcelona/class-a-vs-class-b) · [Investment banking in Barcelona](/cities/barcelona/industries/investment-banking)
- [**Class A vs Class B in Rome**](/cities/rome/class-a-vs-class-b) · [Investment banking in Rome](/cities/rome/industries/investment-banking)
- [**Class A vs Class B in Rotterdam**](/cities/rotterdam/class-a-vs-class-b) · [Investment banking in Rotterdam](/cities/rotterdam/industries/investment-banking)
- [**Class A vs Class B in Athens**](/cities/athens/class-a-vs-class-b) · [Investment banking in Athens](/cities/athens/industries/investment-banking)
- [**Class A vs Class B in Auckland**](/cities/auckland/class-a-vs-class-b) · [Investment banking in Auckland](/cities/auckland/industries/investment-banking)
- [**Class A vs Class B in Brisbane**](/cities/brisbane/class-a-vs-class-b) · [Investment banking in Brisbane](/cities/brisbane/industries/investment-banking)
- [**Class A vs Class B in Perth**](/cities/perth/class-a-vs-class-b) · [Investment banking in Perth](/cities/perth/industries/investment-banking)
- [**Class A vs Class B in Chennai**](/cities/chennai/class-a-vs-class-b) · [Investment banking in Chennai](/cities/chennai/industries/investment-banking)
- [**Class A vs Class B in Pune**](/cities/pune/class-a-vs-class-b) · [Investment banking in Pune](/cities/pune/industries/investment-banking)
- [**Class A vs Class B in Hangzhou**](/cities/hangzhou/class-a-vs-class-b) · [Investment banking in Hangzhou](/cities/hangzhou/industries/investment-banking)
- [**Class A vs Class B in Chengdu**](/cities/chengdu/class-a-vs-class-b) · [Investment banking in Chengdu](/cities/chengdu/industries/investment-banking)
- [**Class A vs Class B in Suzhou**](/cities/suzhou/class-a-vs-class-b) · [Investment banking in Suzhou](/cities/suzhou/industries/investment-banking)
- [**Class A vs Class B in Yokohama**](/cities/yokohama/class-a-vs-class-b) · [Investment banking in Yokohama](/cities/yokohama/industries/investment-banking)
- [**Class A vs Class B in Nagoya**](/cities/nagoya/class-a-vs-class-b) · [Investment banking in Nagoya](/cities/nagoya/industries/investment-banking)
- [**Class A vs Class B in Hanoi**](/cities/hanoi/class-a-vs-class-b) · [Investment banking in Hanoi](/cities/hanoi/industries/investment-banking)
- [**Class A vs Class B in Phnom Penh**](/cities/phnom-penh/class-a-vs-class-b) · [Investment banking in Phnom Penh](/cities/phnom-penh/industries/investment-banking)
- [**Class A vs Class B in Kuwait City**](/cities/kuwait-city/class-a-vs-class-b) · [Investment banking in Kuwait City](/cities/kuwait-city/industries/investment-banking)
- [**Class A vs Class B in Manama**](/cities/manama/class-a-vs-class-b) · [Investment banking in Manama](/cities/manama/industries/investment-banking)
- [**Class A vs Class B in Cairo**](/cities/cairo/class-a-vs-class-b) · [Investment banking in Cairo](/cities/cairo/industries/investment-banking)
- [**Class A vs Class B in Casablanca**](/cities/casablanca/class-a-vs-class-b) · [Investment banking in Casablanca](/cities/casablanca/industries/investment-banking)
- [**Class A vs Class B in Monterrey**](/cities/monterrey/class-a-vs-class-b) · [Investment banking in Monterrey](/cities/monterrey/industries/investment-banking)
- [**Class A vs Class B in Rio de Janeiro**](/cities/rio-de-janeiro/class-a-vs-class-b) · [Investment banking in Rio de Janeiro](/cities/rio-de-janeiro/industries/investment-banking)
- [**Class A vs Class B in Panama City**](/cities/panama-city/class-a-vs-class-b) · [Investment banking in Panama City](/cities/panama-city/industries/investment-banking)
- [**Class A vs Class B in San José**](/cities/san-jose-cr/class-a-vs-class-b) · [Investment banking in San José](/cities/san-jose-cr/industries/investment-banking)

## Related

- [**Investment banking — global overview**](/industries/investment-banking)
- [**Class A vs Class B — global overview**](/topics/class-a-vs-class-b)
- [**All industries**](/industries)
- [**All topics**](/topics)
- [**Investment banking — Rents and incentives**](/industries/investment-banking/rents-and-incentives)
- [**Investment banking — Sublease market**](/industries/investment-banking/sublease-market)
- [**Investment banking — ESG and LEED stock**](/industries/investment-banking/esg-and-leed)

---

Citation: Source: Class A Atlas (https://classa.info/industries/investment-banking/class-a-vs-class-b), updated 2026-05-29T16:17:29.065Z.