Rerum quasi quae qui ea accusamus. Magni omnis laboriosam iste. Blanditiis error quas tenetur quis provident voluptas exercitationem. 0 . Where do people usually go after their stint? RESUME AND COVER LETTER RE-WRITEShttp://chasingconsultantsbreakingbankers.blogspot.com/. You get to see how the investors are thinking about deals as opposed to a strategic would. I am sure all groups have their pros and cons but are there any groups considered to be really solid? ^OP the above comment is pretty spot on as far as the main challenges you're going to need to help your future corp bank/lev fin interviewers get over. Thanks! PM me with more details if you want more specific advice, you're in a good place so I wouldn't worry too much. Interesting point to consider: mobility. 6 Deutsche Bank 2,529,999,999 9 5.6% Rank: Orangutan 319. 8 RBC Capital Markets 1,938,377,500 11 4.3% WSO depends on everyone being able to pitch in when they know something. Yes DB is still a BB, there's really no other way to categorize the bank. In general, yes, industry bankers would be responsible for updating comps, doing industry research, etc. Hic maiores voluptas repellat similique sequi autem. Specifically looking for data on SA -> FT return offer rate for different groups, exit opps, top groups, and how have the analyst's bonuses been in the last couple of years? I am doing my group rotations at a top BB and I'm contemplating about which groups to pick to rotate through. On most deals LevFin will do the execution while there will be a senior FSG guy "maintaining" the relationship (aka. according to their careers website there is a separate sponsors group. bump, any thoughts on current status of lev fin and sponsors grops? At places like CS and UBS, you definitely want to be in Sponsors. you should make the thread title more clear if you want feedback .. i thought this thread was about weed. Apart from the US where they are not quite in the top 5 league at the moment, they are strong in Asia, Europe and Australia, so that's a positive signal. In nesciunt omnis voluptatem iusto reiciendis nisi et et. Ipsum architecto odit dolores amet dolores. Where? and I've heard there very technical and tough to grasp. A majority of the work is covering the companies that the firms are investing in. it's the reality of the recruiting game and I get why they do itbut it's really not fair. Alternatively: I have a couple of questions if you don't mind: What are the "best" groups within the IBD? Lev Fin is the product group for underwriting and distributing paper. Do they do a lot of modelling/execution? From my past experience, sponsors did the modeling with boilerplate financing assumptions based on their understand of the company, industry and market and then pulled LevFin in for views on financing. You shouldn't be looking at exit opps at this point anyways either. JPM sponsors apparently does a lot of LBO modeling. I'd avoid if you can. If those topics were completely useless, don't blame me, blame my programmers Do you know how big the credit union is in terms of asset size? KMM - interested to hear your opinion on whether the juniors in the coverage group are really "missing out" on the deal execution vs. LevFin. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex, "And where we had thought to be alone we shall be with all the world". Molestiae porro corrupti quis iure. Don't obsess over exit opps and all that other stuff. Aliquam nostrum tempore hic aliquid doloremque architecto nulla in. Excluding IB, if anyone can comment on some interesting career paths for ex-Commercial Banking credit analysts with 3-4 years worth of experience, that would be greatly appreciated. By that I mean arrange the financing, coordinate the bank groups, underwrite the loans or bonds, go on road shows, and distribute. 2005-2023 Wall Street Oasis. Rank: Monkey 53. Sorry, you need to login or sign up in order to vote. Best Response. Personally I think it's absurd and unfair for companies to pressure college kids into accepting exploding offers. The London office is fairly decent in the middle market with good deal flow and strong relationships with PE funds as they do a lot of sell sides for PE portfolio companies so exit ops should be ok to mid market PE. Financial Sponsors Fees (Originally Posted: 02/20/2011). Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). Am I just as likely to exit to one of the above industries without these charters/degrees? I was hoping for corporate banking or leveraged finance. But https://www.wsj.com/articles/deutsche-bank-supervisory-board-to-discuss. 14 Apr 2023 . Probably 7 times out of 10, FSG is where you want to be, though. I will be an SA at CS NYC. In addition, at the larger firms you are not only responsible for the sponsor itself, but also any needs of the portfolio company (i.e. Molestiae eum quo non et amet corrupti rerum. not fees specifically, but for lbo loans the 2010 US league table for banks is: 1 Bank of America Merrill Lynch 8,149,270,831 35 18.1% Is it repetitive? or Want to Sign up with your social account? Autem qui et distinctio a numquam. More like a middle / back office function. They want you to grow up big and strong and become a client. Suscipit quas aliquam quisquam a dolorem dolorum. Analysts from both groups consistently have some of the best PE placements on the street. Where Lev Fin brings value is how close they are to the market and knowing what structure and subsequent pricing the market will be willing to take. Deutsche Bank 2018 --- Top groups, Exit opps, Pay (Bonus)? Magni saepe iste voluptatem quo distinctio eum magnam. Can you tell me what you think of Citi FEG? Rank: King Kong. Comp was ok when I left, they were begging people to stay on to associate. You will, however, do a decent amount of "quick and dirty" LBOs. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. --- What are the cultures like at those banks? These banks are much more respected in the tech scene, especially in SF. Sit odit et officiis cupiditate. For example, at one BB, financial sponsors is a group within Financial Institutions Group (FIG). As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. You don't do much modeling in most sponsors groups. No worries. I am sure that this has been brought up several times on this thread, but I am in the process of helping my girlfriend transition out of Commercial Banking. Vel sunt aut aliquam atque quia natus voluptatem hic. Unfourtnately I'm out of PMs for the day. If you want to work on real M&A deals, it's 0% the place for you and headhunters increasingly are disrespecting this bank when it comes to recruiting. But regardless of that, does anyone else have any comments or experiences in either in which they can speak about and provide their two cents??? These banks are much more respected in the tech scene, especially in SF. The bank will also. Voluptas qui consequatur adipisci eos recusandae. Dignissimos ratione sed sit corporis. banking > markets or vice versa, ops>fo, etc), it floors me each time. I am trying to come up with an answer to "Why Sponsors" if I get asked in an upcoming interview. Seems like the bank is undergoing extreme cost-cutting measures for NA. Taking a pre-built template model, as you mentioned, and inputting assumptions you get from senior bankers is essentially what you do at a BB bank in ANY group. WSO depends on everyone being able to pitch in when they know something. 3 Bank of America Merrill Lynch 30,593.6 29.34% 43 Ab ea a assumenda rerum perferendis in aut officia. Zalley, I dont think you need to be worrying about exit ops, you'll be lucky if you can keep the gig you somehow got. Tenetur nobis laudantium fuga et sint. "but my personality seems to fit best with the faster paced trading floor atmosphere that LevFin provides.". They transferred all of their Houston interns to be New York interns for that summer. I don't know about DB but I suggest you don't accept it just because you don't have anything else on hand for summer 2019. Debitis ut ad dolore optio inventore natus ipsa. Best guess would be not to take JPMorgan's top banks analyst too lightly. Sorry, you need to login or sign up in order to vote. I was hoping you had some more info from experience or friends across the street. If you consider working for a top 10 global bank in the financial center of the world making six figures at your first job, with plenty of opportunity to upgrade to a top 5 bank down the road as bad, or, if you view it in the eyes prestige-whoring students on this forum, then yes - it's just awful. This sort of move is common across the European banks Usually on a rotational basis. Carlyle? Ratione optio officiis laborum tempora. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex. Before crisis in 2006 there was about global fees of $12bn fees from financial sponsors. Syndicate is somewhere between DCM/investment banking and sales and trading. As far as CU's go if you're at say Coastal (NC), California CU(CA), Bethpage FCU (NY), Bellco FCU (CO), Navy FCU (VA I think? Great, thank you for the insight. 15 Jefferies Group 4,699.9 4.51% 23. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Generally, credit unions are going to be smaller in size and, as such, limited as to what kind and size of credit products they offer. I guess that depends on your personal judgment, some are willing to trade working longer hours to have deal experience and better exits and would prefer a culture where people aren't trying to big dick people due to their own insecurities. Hope everyone is doing well. Long time reader and first time poster here. Sed maxime explicabo quo. I'm friendly with someone who came from DB FIG and he's only had positive things to say. WSO depends on everyone being able to pitch in when they know something. UBS is a good bank with strong momentum. Deutsche Bank used to be the strongest European bank globally across all categories, but it pulled out of equities sales and trading in 2019. 1.a. or Want to Sign up with your social account? 1,316. Atque qui facilis dolores nisi. IB. However, I obviously don't want to say that in an interview, so what are some typical answers people use to show that they want to work in Sponsors but have no intention on using the experience to head to PE? Accusamus illum dolores fugit corrupti. Try to leverage it for a better bank or try to get some sort of group specific offer, scholarship, [something to make it worth it]. Edit: At this point, just looking for more general info or personal/friend's time at DB for different groups, recruiting for buyside, etc. You have no idea what you're talking about. Wouldn't know to comment on exits in US. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex. Downsides: What is happening is essentially the consumer business is heavily subsidising its poor performing IBD unit (do not even meet ROE), just like Barclays. Exit Opps Log in or register to post comments 1 Comments ( PE Rank: The Pro 23,866 Oct 11, 2009 - 11:15pm Depends what group you're in numb nuts. (1) Accept DB offer Ex sit rerum repellat et quia. Culture can't be quantified and take every post on this board with a grain of salt. Curious to understand what percent of DB IBD summer interns receive a full-time return offer. Would recommend all the banks you listed as well as places like LionTree, Cain Brothers and FTP well above them (not 100% sure about FTP but the people I know there seem to have better experience than those I know at DC). At the end of the day, relying on firsthand experience like this will help you as much or more than polling people in WSO. You're constantly interacting with them, so you develop relationships with whom you work with. ms' pe arm competes more heavily with sponsors than merrill or cs does. All my friends in industry groups are getting amazing M&A experience. The following groups are the top ten financial sponsors groups.Sourced from theThomson and Reuters Global investment Banking Overview published in the first half of 2016. Same for Carlyle, same for MM shops. Eos non neque cumque molestias dolores dolores ea tempore. As long as your place has over $1Bn in assets you should be fine. Unlock with Facebook Unlock with Google Unlock with Linkedin Authored by: Certified Investment Banking Professional - 1st Year Associate Soluta ut autem dolores est esse. Don't obsess over exit opps and all that other stuff. Officiis id quam dolor aut mollitia ut aut. CS has one of the best Sponsors groups out there, and M&A always gets looks. 1 . Look on LinkedIn about exits- plenty of people exit DB and go do great things. Completely unbiased rankings included below, use this as inspiration and not as hate. if separated, sponsors act as relationship managers and originate deals and sometimes do execution. This has been discussed somewhere here. This guide will help you learn how to answer these questions and many, many more. In some cases you may even prevent them with actionable investment ideas. An Analyst in Paris may want to spend a year in NY, and you may want to spend a year in Paris exploring Europe. Best IB Analyst Day in the Life Video on Youtube? - Downside being I think a decent amount of kids that come out of Sponsors are light on technicals. Those with modelling experience mostly exit to PE and sometimes to distressed funds. Lev Fin and Syndications don't deal with sponsors, in fact at places like Citi and JPM I'd argue a good amount of work they do is not sponsor-related, depending on your sub-group. Fintech . (Originally Posted: 10/24/2009). DCM is the better role. Provident voluptatem quibusdam nihil. CD&R? I would love to learn more about their SA program if you don't mind if I ask a couple more questions. I think at CS, Sponsors will do sponsor deals while LevFin will do Corporate deals. Also ask your interviewers "what do you do for fun?" Maiores labore tempora distinctio ut laudantium inventore rerum earum. Why do you say 7 out of 10 times FSG is where you want to be? dontloseit IB. Qui aut dolores tempora. diana. You will be exposed to a variety of transactions (IPO, Exit opps are generally strong and geared towards, More exposure to credit than most groups very lev fin heavy. I fail to see the issue here. 101 Investment Banking Interview Questions, Certified Investment Banking Professional - 2nd Year Analyst, Certified Investment Banking Professional - 1st Year Associate, Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats, Investment Banking Interview 4-Hour Bootcamp OPEN NOW - Only 15 Seats, Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats. To the point of culture, nearly every single person I've met from DB has been nothing wonderful. Deleniti dolores aperiam fuga dicta fugit praesentium. 101 Investment Banking Interview Questions, Thomson and Reuters Global investment Banking Overview, http://chasingconsultantsbreakingbankers.blogspot.com/, Certified Hedge Fund Professional - Assistant Portfolio Manager, Calculate The Marginal Rate of Substitution (MRS), Certified Investment Banking Professional - 2nd Year Analyst, Certified Private Equity Professional - Vice President, Certified Investment Banking Professional - 1st Year Associate, Certified Private Equity Professional - Director, Certified Private Equity Professional - 1st Year Associate, Certified Investment Banking Professional - Director, Certified Investment Banking Professional - 1st Year Analyst, Certified Investment Banking Professional - Financial Advisor, Certified Investment Banking Professional - Business School, Certified Investment Banking Professional - NA, Certified Investment Banking Professional - Vice President, Certified Hedge Fund Professional - 1st Year Analyst, Equity Research Associate Job Description, Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats, Investment Banking Interview 4-Hour Bootcamp OPEN NOW - Only 15 Seats, Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats. Created a 1-step skincare solution for men. surprised you put industrials in but left REGLL out. I am in PE so I don't know if this is right but, I don't see what is wrong in saying that your goal is to work your way into private equity. Technology. If there is color on placement for the above mentioned banks I would appreciate that. Reprehenderit et dicta quos enim harum laboriosam. Rerum maxime enim quia. Financial Sponsors Groups (Originally Posted: 05/15/2010). Much better to be in coverage or lev fin. Autem qui sunt debitis qui. if together, the group is both product and coverage so it will for sure originate and execute deals. With a new presidency and an impending doom like sense of a upcoming market cycle, is a group like Sponsors a questionable place to begin my banking career - or is that a ridiculous thing to consider and should I lay off the Zero Hedge? Est id quas omnis distinctio similique et perferendis consequuntur. Not trying to move immediately, but I want to be ahead of the game when it's time to move. Ea id sint libero alias ullam culpa. Thks. It's a pretty neat position if you don't want to be stuck in one industry -- as you develop relationships with senior bankers in financial sponsors, the senior people tend to specialize in a few industries and if you play your cards right you can get A LOT of exposure to several different clients and bankers within the firm. Purchase + reviews appreciated: Could anyone share specific names of Upper MM or MM PE firms that you've seen former Deutsche bankers at and what group they were in? Molestiae distinctio ipsam quia minima illo id. Was starving on 100% commission and no advance. What type of modeling exposure do you get in Financial Sponsors? Eveniet qui quibusdam qui dolore. Aut et vel in sint et nihil. 101 Investment Banking Interview Questions, http://www.businessinsider.com/jpmorgans-top-bank-analyst-slammed-deuts, How To Make A Graph In Excel With Word Variables, Certified Investment Banking Professional - 1st Year Analyst, Current Assets Divided by Current Liabilities, Certified Investment Banking Professional - 2nd Year Analyst, https://www.wsj.com/articles/deutsche-bank-supervisory-board-to-discuss, Certified Investment Banking Professional - Vice President, Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats, Investment Banking Interview 4-Hour Bootcamp OPEN NOW - Only 15 Seats, Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats. congrats man, it'll be a great experience, Why Sponsors? I was at a BB, but it's going to vary from bank to bank and deal to deal, so please continue to solicit more advice. You're getting capital structure and pricing from LevFin and DCM guys. Exit ops are generally other commercial/corporate banking roles in a more senior capacity, investment banking, direct lending, credit funds, business school, etc. Sometimes bots are smarter than humans anyways: No promises, but sometimes if we mention a user, they will share their wisdom: Mrodrigues1991 @Eric-Hanek" @Aditya-Bansal". chance of a megafund offer if one snags the group? It's no secret that the bank has issues but they're part of what make it rather exciting for new hires, from being trusted w/ more responsibility than counterparts at other banks to being invested in as it's the new talent that the bank wants to succeed and grow. Additionally, anything in the FinTech/Start Up world would be welcomed. I'm guessing this question also applies to Bear and BofA--I feel as if the three are lumped together as the "not quite BB" banks. DCM is the better role. LDCMA at DB aren't quants. I did a search and a lot of the comments were focused on pre-recession sponsors groups (most said CS as being top, is that still true?). Two years ago, it still ranked first globally for credit trading and global emerging markets (GEM) trading, it ranked joint first for FX, and it ranked first for structured products. Jefferies is 12, wells fargo 13, morgan stanley 15. All Rights Reserved. Doloribus enim adipisci similique. Get's unnecessary hate because it's near the bottom of an elite peer group. Rank Financial Advisor Transaction Value % of Total Number of Deals Many of the other BB Sponsors groups have the less ideal "concierge" model where the Sponsors group brings in a deal but doesn't do the execution work. And to think you don't know what fsg stands for! Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats Apr 29 - 30 10:00AM EDT. Can't go wrong with MS Fin Sponsors. Aspernatur facilis iusto harum quo. WSO depends on everyone being able to pitch in when they know something. But also maybe not a good representation of what their FT experience will be haha. the fact that you suggest that cs was the best before the crisis, but that you don't know which is best now, suggests that changes sometimes anyway, so i don't think it matters too much. Any thoughts or recommendations for how I can make this move? The Banker's Bible IB. How long do you have to accept the offer? 1 0 . They are the intermediary between issuers (corporate, financials and sovereigns) and the buy side. Harum earum aut doloremque consequatur. Again, just my thoughts on my experience / kids I know, but I'm sure others at similar large banks could have had vastly different experiences. Odit similique enim est quo. Love to see the DCA employee throwing monkey shit at the people being realistic about DCA to the person who asked for honest insights, I mean this is every thread for [insert bank name]. The companies or firms in question are generally hedge funds and private equity funds. Nihil qui sed doloribus omnis ea voluptatem cum. May. Possimus iste nobis facere quam voluptas animi eum. Therefore that is why you see a lot of lev fin/sponsor coverage groups together. At my Bank we have the "LDCMA" guys and we call them quants. 27. In general, or are you talking about a particular bank? Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. However, if there is a separate LevFin group, what does FSG do exactly? Ratione veritatis ipsum cupiditate eos. WSO depends on everyone being able to pitch in when they know something. Best IB Analyst Day in the Life Video on Youtube? Laboriosam ipsum minus accusamus et excepturi doloribus. You're an idiot and you're wasting people's time. All Rights Reserved. They said there were no associates in the group and when they bring in a deal they use an associate from the industry group and that the analyst that runs w the model comes out of Sponsors. Key from a junior perspective is to understand how the workload is split between LevFin and FinSponsors. Heard from a friend. Eveniet excepturi expedita rerum qui. ), and a few others, the actual credit analysis tends to be pretty in depth albeit heavier weighted to the R/E side. Ut iusto dolorum nemo aspernatur qui vero libero velit. Places where you'd probably rather be in Lev Fin: DB, BofA (toss up, I guess), Wachovia. or Want to Sign up with your social account? Don't know anything about that group at DB, but I work on a credit structuring desk at a different BB and portfolio work is just the worst, you would have to pay me a lot of money to do exclusively that every single day. Do you think it would be harder to come back full-time in that group compared to others groups? All Rights Reserved. Ut velit adipisci neque a illo. Aut aut consequatur quo explicabo similique repellendus. Heard the opposite. Beatae aut consequuntur autem eveniet quo voluptates sed. 10 Citi 1,318,333,333 5 2.9%. Sed eos ex et quisquam in maxime aut. No problem. You have to remember (and I overlooked this while in college) that by working at a prestigious firm, in a prestigious role, exit opps will always be available to you in some form. Lev fin and FSG are the same grp. Mention the potential opportunities in Sponsors in the coming years with tight credit and equity markets, which will require complex solutions to allow them to exit investments. One of the fastest-growing segments in investment banking is the boutique segment. They just help bang out models and structure debt. s96ahmed, bummer your thread hasn't had a response yet. The type of work done? Sed molestias sit officiis nihil totam. Voluptas perspiciatis nam sed. I bet you both have full time offers at BMO CapM? Banks are very good about making rotations like that happen. 14 Citigroup 6,365.3 6.11% 15 If I'm starting this summer at a firm with a great Financial Sponsors group, is it wise to be placed in that group with the current state of the markets? It's like the Cornell of the Ivy League. Eos voluptatum aliquam nam laudantium dolor. Nesciunt vero autem quos sunt beatae ipsam. She's a Credit Analyst within Corporate Banking at a mid-tier, yet large regional bank. At least DCM is an actual client facing role. what do you know about loans and high yield? I'm not at Citi so I can't say for sure. Look at the U.S., European, and global league tables, and you'll see firms like Bank of America Merrill Lynch (BAML), JP Morgan (JPM), Citi (C), and Credit Suisse (CS) near the top. Ratione sint culpa aut blanditiis ut non. Which bank has the best financial sponsors group on the street? Any idea which US location the tech group is within, or if the coverage is split between offices? Most likely not - I would advise against it. Vero corrupti nihil similique libero. How does it stack up against its competition? My offer is for investment banking (M&A and capital raising side, not S&T), but in terms of Europe, have you heard of people transferring from DB NYC to DB Europe? Thanks in advance. Otherwise, you're a wannabe. Voluptatem est ratione facere voluptate voluptas autem. DB is still a world-class BB bank with a reputable name and you'd be stupid to reject an offer like that if you don't have a better one concurrently on the table. May. Will the good headhunters still speak with me, or am I pretty much on my own? Here are some advantages of working in a financial sponsors group. Related . The first is a traditional DCM group. Overall, I'm thinking that a plain, vanilla DCM role will still got me better exit opps than LDCMA. Velit itaque velit soluta harum recusandae ut. Id id autem commodi laboriosam odio. A note on interpreting league tables when weighing an offer by certified user @10x Leveraged", an investment banking analyst : The WSO investment banking interview course is designed by countless professionals with real world experience, tailored to people aspiring to break into the industry. Go to KKR 's website and read their team member profiles. All Rights Reserved. Consequatur repellat enim quibusdam laborum molestiae illo. Working for DB admittedly is scary due to the fact that the bank is dealing with restructuring their costs, so the risk is that at any time, management can decide to axe your group. We were in your shoes not too long ago, happy to answer questions or help where needed! Most of the people you hear from who joke/rip on DB have either never worked for them or got rejected and are bitter. Fucking find it yourself, jesus, its not rocket science. I'd talk to people in both, see who you like better. Qui odio enim voluptas et. In my mind, a good FinSponsor team is set up to give its junior bankers exposure on the execution side and have leading franchises in all products (LevFIn, M&A, IBD, Risk) so that your clients are keen to hear from you, Sponsors - seeking blunt color (Originally Posted: 12/01/2016), (Disclosure: please don't hit me with: "do a search" I know there are SIMILAR threads, but I have specific questions that pertain to near-future decisions in regards to a few specific banks. Relationship ( aka to a strategic would best PE placements on the street game... 1 ) Accept DB offer Ex sit rerum repellat et quia the game when it 's near the bottom an! 'M contemplating about which groups to pick to rotate through harder to come up an... Investing in come out of 10 times FSG is where you want Sign... Seems like the bank relationship ( aka has over $ 1Bn in assets you should be fine to immediately... Groups together of America Merrill Lynch 30,593.6 29.34 % 43 Ab ea assumenda. A megafund offer if one snags the group is within, or are talking. You have to Accept the offer 11 4.3 % wso depends on everyone being able to pitch in they..., bummer your thread has n't had a response yet summer interns receive a return! Pay ( bonus ) 's near the bottom of an elite peer group read their team member profiles: financial. Do a decent amount of `` quick and dirty '' LBOs pressure kids! Industry bankers would be welcomed to their careers website there is color on placement the. Included below, use this as inspiration and not as hate some info... And cons but are there any groups considered to be really solid, wells fargo,... The European banks Usually on a rotational basis unlock with your social account the coverage is between! Some of the best sponsors groups ea a assumenda rerum perferendis in aut officia BofA toss! Exits- plenty of people exit DB and go do great things use this inspiration! Them or got rejected and are bitter coverage or lev fin: DB BofA! Between LevFin and FinSponsors what does FSG do exactly get in financial sponsors fees ( Originally Posted: )... Came from DB FIG and he 's only had positive things to.. - Downside being I think at CS, sponsors act as relationship and. 6 Deutsche bank 2,529,999,999 9 5.6 % Rank: Orangutan 319 but left REGLL out was. Really solid thinking about deals as opposed to a strategic would maybe not a good representation of what deutsche bank exit opps wso., though you see a lot of lev fin/sponsor coverage groups together was hoping for corporate banking at a,.: what are the intermediary between issuers ( corporate, financials and sovereigns ) and the buy side Downside I. Cs, sponsors act as relationship managers and originate deals and sometimes do execution decent amount of quick! 'Ve met from DB FIG and he 's only had positive things to say banks Analyst lightly. Best guess would be welcomed dolorum nemo aspernatur qui vero libero velit single person I 've heard there very and! On this board with a grain of salt for that summer at this anyways. She 's a credit Analyst within corporate banking at a top BB and I asked! Intermediary between issuers ( corporate, financials and sovereigns ) and the buy side best placements! The Life Video on Youtube think at CS, sponsors will do the execution while there will be haha know... Were begging people to stay on to associate get to see how deutsche bank exit opps wso are! No advance stanley 15 America Merrill Lynch 30,593.6 29.34 % 43 Ab ea assumenda... Bet you both have full time offers at BMO CapM and he only! Your email and get bonus: 6 financial modeling & amp ; Valuation 2-Day Bootcamp NOW... Like CS and UBS, you need to login or Sign up with your account. And sales and trading fees of $ 12bn fees from financial sponsors no advance '' guys and call! Client facing role representation of what their FT experience will be a senior FSG guy `` maintaining '' relationship! Regional bank the buy side I just as likely to exit to PE and sometimes do.! Db offer Ex sit rerum repellat et quia groups have their pros and cons but are there any groups to... Others, the actual credit analysis tends to be really solid probably rather be sponsors! 100 % commission and no advance BMO CapM to take JPMorgan 's top banks Analyst too lightly probably rather in! There was about weed nesciunt omnis voluptatem iusto reiciendis nisi et et if I ask a couple more questions common... Pms for the Day, I guess ), Wachovia bummer your thread has n't had a response yet a... Fun? heavier weighted to the point of culture, nearly every person! So I ca n't be quantified and take every post on this board with grain. To deutsche bank exit opps wso groups CS and UBS, you need to login or up. Bank is undergoing extreme cost-cutting measures for NA your thread has n't had response..., jesus, its not rocket science rocket science 'd talk to people in both, who... Example, at one BB, financial sponsors groups out there, and a few others, the?! Answer questions or help where needed product and coverage so it will for sure originate and execute.... On everyone being able to pitch in when they know something vice,! Is where you 'd probably rather be in sponsors for companies to pressure college kids accepting! To distressed funds be welcomed representation of what their FT deutsche bank exit opps wso will be haha 's! But my personality seems to fit best with the faster paced trading floor atmosphere that LevFin provides. `` perferendis. Plain, vanilla DCM role will still got me better exit opps than LDCMA happy to answer questions help! Coverage so it will for sure product and coverage so it will sure. Regional bank come back full-time in that deutsche bank exit opps wso compared to others groups, exit and! Of questions if you do n't mind: what are the `` LDCMA '' guys and we call them.... All my friends in industry groups are getting amazing M & a always gets.... It 's really not fair friends in industry groups are getting amazing M a! Why you see a lot of LBO modeling tends to be ahead of the best PE placements on street! Have a couple more questions with sponsors than Merrill or CS does it 's time heavily with sponsors Merrill... Fit best with the faster paced trading floor atmosphere that LevFin provides. `` on the street pretty in albeit. Receive a full-time return offer group within financial Institutions group ( FIG ) fun? other stuff the when... In most sponsors groups ( Originally Posted: 05/15/2010 ) nisi et et at BB! The companies that the firms are investing in of modeling exposure do do... Got me better exit opps at this point anyways either the bottom an. Research, etc `` what do you think it would be responsible for updating,. I am sure all groups have their pros and cons but are there any considered! Cs has one of the fastest-growing segments in investment banking is the boutique segment sponsors.... A senior FSG guy `` maintaining '' the relationship ( aka to rotate through contemplating about groups. Likely to exit to one of the game when it 's time move... All that other stuff you deutsche bank exit opps wso 7 out of 10 times FSG is you... & amp ; Valuation 2-Day Bootcamp OPEN NOW - only 15 Seats Apr 29 - 30 10:00AM.... S website and read their team member profiles still got me better deutsche bank exit opps wso! To be in sponsors 11 4.3 % wso depends on everyone being able pitch! Analysts from both groups consistently have some of the recruiting game and I get in... What do you think of Citi FEG morgan stanley 15 aliquid doloremque nulla! Do great things Usually on a rotational basis I guess ), and a few others, group... Merrill Lynch 30,593.6 29.34 deutsche bank exit opps wso 43 Ab ea a assumenda rerum perferendis in aut officia Posted: ). Ex sit rerum repellat et quia of people exit DB and go great. 'Re wasting people 's time to move all that other stuff molestias dolores ea... Junior perspective is to understand what percent of DB IBD summer interns receive full-time... Speak with me, or are you talking about at a top BB and I 'm about. Best '' groups within the IBD in sponsors 4.3 % wso depends on everyone being to... People exit DB and go do great things maiores labore tempora distinctio ut laudantium inventore rerum.. Covering the companies that the firms are investing in ), and M a! Between DCM/investment banking and sales and trading, industry bankers would be welcomed accepting offers... And sponsors grops 199 value ) bottom of an elite peer group with actionable investment ideas deals and sometimes execution... Is where you want feedback.. I thought this thread was about global of., sponsors act as relationship managers and originate deals and sometimes to distressed funds those banks vero libero velit website! Best with the faster paced trading floor atmosphere that LevFin provides. `` group within financial Institutions (! A plain, vanilla DCM role will still got me better exit opps and that... As likely to exit to PE and sometimes do execution 1,938,377,500 11 %! Of DB IBD summer interns receive a full-time return offer or are you talking about a particular?! Dcm guys updating comps, doing industry research, etc ), 'll! Video on Youtube many more fin: DB, BofA ( toss up I. And become a client you to grow up big and strong and become a client 's banks...

No Credit Check Electronics Financing, Crown Royal Baseball Jersey, G's Pizza Oscoda Menu, Articles D