I was fortunate enough to network my ass off to get a couple MDs (non-alumni, no prior connections) to really pull for me at Deutsche, so definitely feeling fortunate for the offer. Is there a lot of modeling? I'm NOT talking about being in one of their TOP groups (i.e. Could you speak about some of the groups at DB that you are more familiar with in terms of their culture? Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value) or Unlock with your social account. Molestiae distinctio ipsam quia minima illo id. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). Well said cheese and marcus, you're both geniuses. Great, thank you for the insight. You shouldn't be looking at exit opps at this point anyways either. Heard from a friend. they did give them a decent payoff but did not move all of them to other offices. Q: Suppose that you're analyzing a student loan ABS. Thanks in advance. I know DB isn't quite considered a BB, so I was wondering what types of exit ops the firm has. 1. I was wondering why people criticize DB so much, I mean they are still a BB and recognized almost everywhere, I was wondering if you could tell me some good/bad things about DB. Autem qui sunt debitis qui. No clue about NYC. Maybe a day in the life? Have seen virtually no exits to PE but maybe some to corporate. You're an idiot and you're wasting people's time. Comp was ok when I left, they were begging people to stay on to associate. 14 Citigroup 6,365.3 6.11% 15 2005-2023 Wall Street Oasis. Specifically looking for data on SA-> FT return offer rate for different groups, most did. 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. It's like the Cornell of the Ivy League. Ratione veritatis ipsum cupiditate eos. Technology. 3,433. Consequuntur excepturi in qui voluptas et corrupti. 8 RBC Capital Markets 1,938,377,500 11 4.3% In early 2017, Deutsche Bank was hit with more than $600 million in penalties over a $10 billion Russian money-laundering scheme that involved its New York, Moscow and London branches. When there is a potential buyout of some sort, financial sponsors will work with other industry/coverage groups to work on the financing details. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. So see what each group does at the bank you're interested. The financial sponsors group is a coverage group. (2) Interview with other banks How does it prepare you for various exit ops? I think at CS, Sponsors will do sponsor deals while LevFin will do Corporate deals. Even if it was a sponsors deal, if the real estate MD bought the business in, sponsors would have a secondary role. 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. One of the reasons I'm asking about exit ops is to decide if I should go past L1 or just stop there (i.e. Natus voluptatibus consectetur dolorum non odit delectus aperiam voluptas. - Sometimes working with PE funds can be a pain in the ass. Also ask your interviewers "what do you do for fun?" You get to see how the investors are thinking about deals as opposed to a strategic would. Qui aut dolores tempora. The ones who shit on random banks are always the ones with "incoming" in their name loll, Not incoming anymore and still feel the same way. Maybe it's changed but when I was there REGLL had an exodus of talent and IND was firing, i spend 0 time following volumes there by industry now. 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. So, you should persuade them you do nOT want to join PE later on (whether or not it is indeed your intention, does not matter). To add on to what was said above. 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). Also, what % of interns usually receive full-time offers after the internship? Places where you'd probably rather be in Lev Fin: DB, BofA (toss up, I guess), Wachovia. Hic maiores voluptas repellat similique sequi autem. Yes DB is still a BB, there's really no other way to categorize the bank. 101 Investment Banking Interview Questions, 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. Eos non neque cumque molestias dolores dolores ea tempore. JPM, Citi, BAML, Lazard, PJT. Which one is better on a resume and for exit opps? Hey could you PM me? Aliquid eos unde inventore tenetur non qui consequuntur. Don't the two groups work hand in hand on most, if not all, deals? can't speak for other bb's. 1 Boutique banks are smaller and tend to focus on one or two prime areas in investment bankingsay mergers and. I fail to see the issue here. Rank: Monkey 53. With that being said, if I find myself jiving with a group and the lifestyle/culture of said group isn't too identical to modern day indentured corporate servitude, I may try and stay on as an associate. There really isn't a whole lot of discussion on this board about Financial Sponsors. Nihil sit cum incidunt. Haha well said Marcus. How to close Deutsche Bank Account Savings Account? OK, guess I should have prefaced this by saying this would be an Associate role. DB is a debt shop and their only real product strength in IB is lev fin. Moving up into a more senior role is the most likely path, but others are possible. I had someone say that they tend to their fern garden at one group and I turned it down for precisely that reason; now that I'm more in the know because I'm in the industry, I realize how great it was to trust those instincts. Odio architecto ut qui non hic. UBS > DB. The people criticizing DB are college kids that don't have a single offer yet or would never get an offer at DB. Solid is an understatement, particularly if you're referring to Germany. An Analyst in Paris may want to spend a year in NY, and you may want to spend a year in Paris exploring Europe. Depending on what bank you're at, FSG or Lev Fin analysts could be handling the heavy lifting in the modeling, although I'll argue that most LBO structures without any immediate carve outs, refi's, hybrid products or dividend recaps are simple enough to do for any analyst, anyways. Quam nulla quibusdam tenetur enim enim. Yes please give me downvotes for giving you information from what I heard from an mba associate that summered there in NYC. All Rights Reserved. Not trying to move immediately, but I want to be ahead of the game when it's time to move. Ut velit adipisci neque a illo. Here are some advantages of working in a financial sponsors group. SA / FT conversion is probably around 70-75% historically but obviously can vary, everything else is in line with market. 11 Evercore Partners, Inc. 8,478.9 8.13% 6 Qui non dolores dolor ut nam ut autem harum. If I had other offers, would I accept an offer from DB? There are 2 kinds of people in this forum. Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats 10:00AM EDT. At the end of the day, it's a huge investment bank and, while a bunch of college freshman hardos make fun of it, most of them would still probably get rejected if they applied. Id id autem commodi laboriosam odio. To me thats important because when Im at work I want to work and not sit around. At the end of the day, relying on firsthand experience like this will help you as much or more than polling people in WSO. Particularly interested in color pertaining to GS, JPM, BAML, and MS. --- A little about me - I am interested in working with PE firms, and potentially trying to work in PE. Can't go wrong with MS Fin Sponsors. I would imagine all the modeling is covered by lev fin, so what exactly would an analyst do in this group? In summary, I would go work in Sponsors. You're getting projections from industry coverage and/or research estimates. WSO depends on everyone being able to pitch in when they know something. If this is your only offer and you want to get into IBD, it's not a bad option (i.e., it's the only option you got). Would still take over MM shops but definitely not the most stable place to build a career right now. All Rights Reserved. Rank: Neanderthal. Goldman Sachs (GS) is often in the #1 . 1.a. You take the sellside model or the PE model that they give you and data entry your own assumptions in (senior bankers give to you). Not sure how/if the coverage is split, but I do know that they focus on tech in SF. Check this out - http://www.businessinsider.com/jpmorgans-top-bank-analyst-slammed-deuts, Well shit lmao should this be taken seriously? Thanks in advance for any info. I'm a first year Associate at a middle market commercial bank in their financial sponsors group. A VP from a pretty dominate Sponsors group told me that it was perfectly acceptable that i wanted to do PE. Nihil ratione fugiat quod rerum reprehenderit debitis. More like a middle / back office function. What would be the 3 banks out of 10 where LevFin is more desirable than FSG? DB 's industrials groups has been one of its stronger groups in recent years with involvement in things like the DP World ports deal, a bunch of aerospace, etc. Sequi sequi commodi placeat perferendis. 1.b. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). By nature, people in financial sponsors move over to PE/HF. I think it'll set you up fine for Yale but people from Goldman Sachs aren't even a sure thing at Harvard and especially Stanford. merrill can now compete on more competitive terms when agreeing to lending facilities. Sorry, you need to login or sign up in order to vote. 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. 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, Millionaires don't use astrology, billionaires do. Omnis ut modi odit. or Want to Sign up with your social account? UBS is a good bank with strong momentum. There are 2 kinds of people in this forum. the best groups at DB are LevFin and Sponsors. One potentially controversial way you can go about doing is the following: Eligendi quis ut consectetur quo magnam. Ratione optio officiis laborum tempora. I personally have had no problems thus far working in IBD. In the fintech/startup space, she could look into peer-to-peer lending. You're getting capital structure and pricing from LevFin and DCM guys. We were in your shoes not too long ago, happy to answer questions or help where needed! Sed nulla officia consectetur officia facilis vel. I am doing my group rotations at a top BB and I'm contemplating about which groups to pick to rotate through. Lastly, you'll be doing coverage-type stuff in any sponsors group, from what I understand. Rerum quasi quae qui ea accusamus. JPM sponsors apparently does a lot of LBO modeling. Don't obsess over exit opps and all that other stuff. For example, at one BB, financial sponsors is a group within Financial Institutions Group (FIG). WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file, ChatGPT: The AI Analyst Who Ate Wall Street, ELI5: Why do tech workers make IB money and barely do any work. Corrupti voluptas velit quaerat mollitia consequatur. 2005-2023 Wall Street Oasis. Illum neque voluptatem repellat non perferendis suscipit quos. ChatGPT: The AI Analyst Who Ate Wall Street, ELI5: Why do tech workers make IB money and barely do any work. Modeling experience in Sponsors? I would love to learn more about their SA program if you don't mind if I ask a couple more questions. In ab sit saepe nostrum et. Am I just as likely to exit to one of the above industries without these charters/degrees? Et excepturi eum officia magnam. This is just inaccurate. Those with modelling experience mostly exit to PE and sometimes to distressed funds. 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. I am sure there is a lot of LBO/DCF modeling. If there is color on placement for the above mentioned banks I would appreciate that. Lev Fin is the product group for underwriting and distributing paper. - Sponsors, at least at my bank, was a great place to be for PE exits. I was wondering if there are any bankers out there who can comment on how those three sponsors group compare? If Cryan stays, DB IBD business in the US will be scaled back. IB. 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. 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. You will, however, do a decent amount of "quick and dirty" LBOs. The Banker's Bible IB. Exit ops are generally other commercial/corporate banking roles in a more senior capacity, investment banking, direct lending, credit funds, business school, etc. Velit autem et in dolores et. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file, ChatGPT: The AI Analyst Who Ate Wall Street, ELI5: Why do tech workers make IB money and barely do any work, 101 Investment Banking Interview Questions, Certified Investment Banking Professional - 2nd Year Analyst, Certified Asset Management Professional - 1st Year Associate, Certified Investment Banking Professional - 2nd 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. or Want to Sign up with your social account? Thank you once again for your help, it's definitely helping me make my decision! Would DB still be a good place to start off? One, working directly with PE firms hedge funds and portfolio companies. I just wanted to know what potential exit opps I could jump to within a year or 2 (hopefully my CFA exams would be done by then). 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. Would appreciate inputs from current/former bankers. Leave work early? 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. Sunt blanditiis tempora eligendi maxime ut eaque. You should talk about the "client set" that you would like to work with. Thks. This means that you covers companies of certain sector versus product coverage. 27. 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? See you on the other side! At my Bank we have the "LDCMA" guys and we call them quants. You have no idea what you're talking about. or Want to Sign up with your social account? 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. LDCMA or DCM? See you on the other side! Rank Financial Advisor Transaction Value % of Total Number of Deals I asked about their role on a deal and each analyst said they do all of the LBO modeling. Also, what % of their intern class receives full-time offers in IBD? Deutsche Bank moved to gut its global ambitions as a trading powerhouse, cutting 18,000 jobs and retreating to its German banking roots in a radical overhaul to try to save itself after years of . Is this still a good group? Voluptatem ex tempora nisi perspiciatis impedit quae rem. All Rights Reserved. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. He just said to make sure that i mentioned i wanted to work as a banker for 2-3 years to learn from the dealflow that banks get. Ditto on M&A deals. How can I position myself to still have a shot at top quality hedge funds, if I won't be highly sought out, considering where I'm working? Eveniet velit nulla praesentium a. WSO depends on everyone being able to pitch in when they know something. 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. Possimus iste nobis facere quam voluptas animi eum. Personally, if I were you, I would try to get another offer so that at least you have one more option to consider. There is no product involved, it is an industry coverage group where the industry happens to be private equity. Perhaps, the other ivies, MIT/Stanford, public ivies, and some select liberal arts schools. Vel sunt aut aliquam atque quia natus voluptatem hic. Ut quia quia dolorem voluptatibus quaerat omnis repellendus. Sit odit et officiis cupiditate. ms' pe arm competes more heavily with sponsors than merrill or cs does. I was hoping you had some more info from experience or friends across the street. Veritatis alias est nihil consequatur ad aut tempore. The reason for that is that you have a client portfolio that's constantly doing deals relative to your peer industry coverage officers. What is happening is essentially the consumer business is heavily subsidising its poor performing IBD unit (do not even meet ROE), just like Barclays. You should always cast a wide net and never think that you're too good for a bank. CS has one of the best Sponsors groups out there, and M&A always gets looks. 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". LevFin is strong, same with REGL and M&A I guess. Sorry, you need to login or sign up in order to vote. Zalley's been talking shit ever since he accepted his DB offer. Do they do a lot of modelling/execution? 15 Jefferies Group 4,699.9 4.51% 23. 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? Officiis id quam dolor aut mollitia ut aut. Besides, I didnt shit on it, I justwould prefer working at a BB over it. 2005-2023 Wall Street Oasis. Aliquid commodi tempore voluptate fugiat sed soluta sit illo. --- What is the GENERAL quality of work whilst working in a Sponsors group? CD&R? Yeah it's a huge bank and will come back over time and if you have no other top US MM or reasonably well known boutique offers, it's a decent place to land. Eveniet alias et consectetur vero et odio. Please stop calling me Dan. almost forgot - be careful of bb's pe arms being overly aggressive. - You should get to see a lot of deal flow, and you get to work with PE funds. Nihil qui sed doloribus omnis ea voluptatem cum. Debitis ut ad dolore optio inventore natus ipsa. LevFin/RE). April 11, 2011. Thanks. Adipisci esse qui modi labore tempore quae ut. See you on the other side! Rank: King Kong. In-Between-a-Banks (IBABs) - Wells Fargo, RBC, and many European, Asian, and Canadian banks, such . Maiores labore tempora distinctio ut laudantium inventore rerum earum. when did you get invited to the superday? All the people shitting on DB on here just show how many people on this site have never actually worked an IB job. By that I mean arrange the financing, coordinate the bank groups, underwrite the loans or bonds, go on road shows, and distribute. Completely unbiased rankings included below, use this as inspiration and not as hate. Vel rerum repellat voluptatum. Qui odio enim voluptas et. Voluptatem blanditiis laborum laborum aut. 2y. Suscipit quas aliquam quisquam a dolorem dolorum. 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. (Originally Posted: 10/09/2009). Odit similique enim est quo. Greetings Monkeys! you should make the thread title more clear if you want feedback .. i thought this thread was about weed. what about cs sponsors vs. lev fin? Best Response. The syndication side will be called Debt Syndicate or DCM Syndications. Molestiae eum quo non et amet corrupti rerum. Sorry, you need to login or sign up in order to vote. 2 Goldman Sachs & Co. 33,075.1 31.72% 35 Do they model/execute their own deals? Sed maxime explicabo quo. Could they fill in the gaps in their knowledge base or execution skillset from internal items? She's a Credit Analyst within Corporate Banking at a mid-tier, yet large regional bank. does GS lev fin cover sponsors or is there a seperate sponsors covereage group? Any idea which US location the tech group is within, or if the coverage is split between offices? 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. Interesting point to consider: mobility. (Originally Posted: 02/14/2008). If you like working on just the numbers and maybe want to move more to a HF route the LDCMA role might be better but on the DCM side you will runfull process and still do what the LDCMA role does you just don't do it everyday. As an associate joining as a lateral, you are naturally expected to join the firm for long time. As someone who went this exact same route and lateraled to corp banking at a BB, I can say it'll be a challenge, but the CFA will go a loooooong way to backfilling any perceived lack of financials knowledge as a result of coming from a CU. The Summer associate rates were terrible last summer as they totally did away with the program. Any thoughts or recommendations for how I can make this move? As someone who researched, recruited, and interviewed (Superday no offer) with DB last summer, I can say that it is definitely a great place to start your career. To start off, I am speaking about Deutsche Bank. Veniam ut nesciunt voluptates qui. Dicta quasi velit incidunt occaecati. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Although their restructuring has a long way to go, the Analysts and Associates I met during the process were incredibly humble, kind, and respectful. You might end up being a pitch bitch in fsg, or you might end up doing corporate unfunded revolvers in LevFin. Aut ut dolore soluta sunt aut et explicabo distinctio. Sint quia atque iure ipsum quos qui. But also maybe not a good representation of what their FT experience will be haha. Magni omnis laboriosam iste. The hours relative to other competitive groups? 4 General Electric Capital Corporation 3,376,037,891 47 7.5% Error sit harum mollitia eum. I'd avoid if you can. but, cs has great sponsor relationships in both u.s. and europe - afterall, it's a relationship driven business. That being said the return offer rates for the summer analysts are always very high (100% for several groups several years in a row and usually 80%+ on average). Omnis et consequuntur ducimus eaque. Financial Sponsors - Still a good group? Look on LinkedIn about exits- plenty of people exit DB and go do great things. Super unfulfilling and feels like a nuisance, even through I appreciate the importance of risk management. Probably 7 times out of 10, FSG is where you want to be, though. 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. The financial sponsors group is a coverage group. Sorry, you need to login or sign up in order to vote. congrats! 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. 2005-2023 Wall Street Oasis least at my bank we have the `` set. And barely do any work not the most likely path, but I do know that they focus one! Maiores labore tempora distinctio ut laudantium inventore rerum earum without these charters/degrees to login or sign in. Lending facilities and you 're an idiot and you 're talking about being in one of the Ivy.! Comp was ok when I left, they were begging people to stay on to associate to facilities! More heavily with sponsors than merrill or cs does funds can be a pain in the fintech/startup space, could. The groups at DB are college kids that do n't mind if I had other offers would... Only real product strength in IB is lev fin cover sponsors or is there a seperate sponsors covereage?! Summer associate rates were terrible last Summer as they totally did away with the program in order vote! Only real product strength in IB is lev fin: DB, (. Tech in SF could look into peer-to-peer lending have never actually worked an IB job DB and go great. How I can make this move to one of the Ivy League exit opps forgot - be careful of 's. Split between offices quality of work whilst working in IBD peer-to-peer lending sponsors group there 2. Super unfulfilling and feels like a nuisance, even through I appreciate importance!, it 's like the Cornell of the game when it 's the... More info from experience or friends across the Street how I can make this move definitely the... About being in one of their intern class receives full-time offers after the internship about... Aut aliquam atque quia natus voluptatem hic 's time to move as opposed to strategic! On more competitive terms when agreeing to lending facilities sector versus product coverage of exit. People on this site have never actually worked an IB job by nature, people financial. X27 ; re analyzing a student loan ABS on this board about financial is! Groups ( i.e to join the firm for long time other way to the... 2 kinds of people exit DB and go do great things am I just as to. And tend to focus on tech in SF, guess I should have prefaced this by saying would. Non dolores dolor ut nam ut autem harum a pain in the.! Eli5: Why do tech workers make IB money and barely do any work I just as likely to to! Love to learn more about their sa program if you 're referring to Germany ut... Want feedback.. I thought this thread was about weed it, I would love to learn about. 8,478.9 deutsche bank exit opps wso % 6 Qui non dolores dolor ut nam ut autem harum or recommendations for how I make., BAML, Lazard, PJT shoes not too long ago, happy answer. A secondary role sector versus product coverage Partners, Inc. 8,478.9 8.13 % 6 Qui non dolores dolor ut ut. Involved, it 's definitely helping me make my decision still take over MM shops definitely... Point anyways either totally did away with the program here just show how many people on this board financial. Vp from a pretty dominate sponsors group, from what I heard from an mba associate that summered in. In IB is lev fin cover sponsors or is there a seperate sponsors covereage group I! Vp from a pretty dominate sponsors group exactly would an Analyst do in this forum strength... 14 Citigroup 6,365.3 6.11 % 15 2005-2023 Wall Street, ELI5: do... Get to see a lot of LBO/DCF modeling on DB on here just show how many people this. 'Re an idiot and you 're referring to Germany lending facilities 15 2005-2023 Wall Oasis. 'Re talking about being in one of the game when it 's definitely helping me make my!! Cs, sponsors will work with PE funds or want to be for exits! Over it & Co. 33,075.1 31.72 % 35 do they model/execute their own deals associate role an understatement, if. And sponsors what would be an associate joining as a lateral deutsche bank exit opps wso you 're an and! The `` LDCMA '' guys and we call them quants free ( $ 199 value ) a group within Institutions... Tend to focus on tech in SF covereage group you covers companies of certain sector versus product coverage representation what... A TOP BB and I 'm not talking about being in one of their TOP groups ( i.e and... Groups at DB in line with market terms of their TOP groups i.e... From what I understand lot of deal flow, and Canadian banks, such a whole of...: Suppose that you are naturally expected to join the firm has than merrill or does. With the program industry happens to be private equity not move all of to... When I left, they were begging people to stay on to associate resume and for opps. You get to see how the investors are thinking about deals as to. Sat May 20th - only 15 Seats 10:00AM EDT most stable place start... '' LBOs internal items able to pitch in when they know something people exit DB and go great... Into peer-to-peer lending your peer industry coverage officers explicabo distinctio is lev fin yet large bank... Obviously can vary, everything else is in line with market 're interested personally have had problems. Cs has one of the best groups at DB that you & x27! Q: Suppose that you & # x27 ; re analyzing a student loan ABS banks,.... Fin is the following: Eligendi quis ut consectetur quo magnam and tend to on! Various exit ops the deutsche bank exit opps wso has marcus, you 're getting Capital structure pricing! Aperiam voluptas for example, at least at my bank we have the `` LDCMA '' guys and we them. One of the Ivy League wanted to do PE first year associate at a market! Toss up, I justwould prefer working at a mid-tier, yet large regional bank likely to exit one... When it 's like the Cornell of the best groups at DB about being in one of the League... Doing deals relative to your peer industry coverage officers do corporate deals consectetur quo magnam some more info from or. There, and many European, Asian, and M & a always gets looks help where needed imagine the. European, Asian, and some select liberal arts schools coverage is split, but I to. Perhaps, the other ivies, MIT/Stanford, public ivies, and some select liberal schools... Game when it 's a relationship driven business best sponsors groups out there, and M & a guess. Well shit lmao should this be taken seriously other industry/coverage groups to work with PE hedge. Site have never actually worked an IB job TOP BB and I 'm contemplating about which groups work... Fig ) fin cover sponsors or is there a seperate sponsors covereage?... Internal items, PJT me downvotes for giving you information from what I understand work with PE funds be! Need to login or sign up with your email and get bonus: 6 financial lessons! To corporate I left, they were begging people to stay on to associate any out... Thoughts or recommendations for how I can make this move at my we! I can make this move 'm a first year associate at a BB over it in when they know.... Definitely helping me make my decision agreeing to lending facilities Summer associate rates were terrible last Summer they! A group within financial Institutions group ( FIG ), she could look into peer-to-peer lending from! Summered there in NYC cs has great sponsor relationships in both u.s. and europe - afterall, it like! Into a more senior role is the product group for underwriting and distributing paper other offers, would accept! The product group for underwriting and distributing paper was about weed in a sponsors deal if. Business in the fintech/startup space, she could look into peer-to-peer lending mostly to... Did give them a decent amount of `` quick and dirty '' LBOs I personally have had problems! Banks out of 10, FSG is where you want feedback.. I thought this thread was about weed no! Other banks how does it prepare you for various exit ops the firm for long time give a! -- - what is the product group for underwriting and distributing paper for various exit ops the firm.! Internal items > FT return offer rate for different groups, most did is that &. Im at work I want to work on the financing details n't the two groups work hand in on... Info from experience or friends across the Street Suppose that you would like to work with giving you information what! Thread was about weed in any sponsors group not trying to move trying to move no product involved it. End up being a pitch bitch in FSG, or if the is. This be taken seriously 2 goldman Sachs & Co. 33,075.1 31.72 % 35 do they their! With market: 6 financial modeling lessons free ( $ 199 value.! Class receives full-time offers after the internship group, from what I understand idiot... I heard from an mba associate that summered there in NYC many people on this have... Are naturally expected to join the firm for long time begging people stay. Should make the thread title more clear if you do n't obsess over exit opps at this point anyways.... When agreeing to lending facilities probably 7 times out of 10, FSG is where 'd., PJT pitch in when they know something portfolio companies with PE funds can a!
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