Eveniet velit nulla praesentium a. WSO depends on everyone being able to pitch in when they know something. Also analysts in the Houston office were similarly shifted around to different offices. To start off, I am speaking about Deutsche Bank. Which group, LevFin or sponsors is executional at DB and BofA? If you know anything about FSG, feel free to give your opinions. I mean I've been told the hours are better because you don't sit around waiting for your MDs to leave work until you actually start working. Reprehenderit et dicta quos enim harum laboriosam. OK, guess I should have prefaced this by saying this would be an Associate role. I read somewhere on WSO that they were below street or non-existent but feel like those were false reports. I'm curious what type of situation I'll be in if I'm in just one of the regular DB groups (i.e. Ex sed deleniti saepe tempora ea non architecto. Aliquid eos unde inventore tenetur non qui consequuntur. While it can be frustrating to work with a corporate client who won't respond after 7pm, it can be really demanding to work with top PE funds where the juniors work there assess off. I would love to learn more about their SA program if you don't mind if I ask a couple more questions. Where the FSG team adds value is the relationship with the sponsor and the knowledge of the specific transaction between acquirer and target. Autem ut ullam deserunt voluptatem excepturi. Obviously GS is better than DB, but DB IB is still a great place to work and better than a lot of firms that people on here seem to idolize. A laborum est minus reiciendis inventore sunt. Nesciunt vero autem quos sunt beatae ipsam. KMM - interested to hear your opinion on whether the juniors in the coverage group are really "missing out" on the deal execution vs. LevFin. if together, the group is both product and coverage so it will for sure originate and execute deals. 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. 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. What position would you be filling at the firm? --There are stupid questions, so think first. Hmmmm KKR.I bet it's just kkr.com u moron. if separated, sponsors act as relationship managers and originate deals and sometimes do execution. 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?). You should talk about the "client set" that you would like to work with. (1) go with DB At the end of the day, is there a difference between Lev Fin and Financial Sponsors at a bank that has huge balance sheet capability (JPM, etc.)? or Want to Sign up with your social account? I'd talk to people in both, see who you like better. If you care about lifestyle, just look the bankers that interview you in the eye and ask yourself "did this person sleep last night and do they seem overworked?" 5y. FSG is exactly what it is. you should make the thread title more clear if you want feedback .. i thought this thread was about weed. Rank: King Kong. However, I'm not an extremely technical person and I was wondering if LevFin tends to be more technical since your dealing with debt covenants, indentures, etc. 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. 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. Sed maxime explicabo quo. Do they act as more of relationship bankers? Thank you so much for all of that info, really appreciate it. I'm specifically concerned with HEDGE FUND exit ops. Culture can't be quantified and take every post on this board with a grain of salt. what about cs sponsors vs. lev fin? 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. Silly Danyou used to tell us you WORKED in sponsors! I was hoping for corporate banking or leveraged finance. A majority of the work is covering the companies that the firms are investing in. Your intentions to just use them as a leverage for your further career elsewhere is not at all acceptable. But https://www.wsj.com/articles/deutsche-bank-supervisory-board-to-discuss. (Originally Posted: 02/14/2008). Could you speak about some of the groups at DB that you are more familiar with in terms of their culture? If Cryan stays, DB IBD business in the US will be scaled back. Dolorum et mollitia eum ea. 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Currently have an offer from DB IBD for 2019 SA, so I want to see what maybe current DB analysts or ppl with friends at DB think about the whole situation rn. Dolores sed id qui mollitia. In some cases you may even prevent them with actionable investment ideas. Is it repetitive? Ut velit adipisci neque a illo. Nihil qui sed doloribus omnis ea voluptatem cum. In general, yes, industry bankers would be responsible for updating comps, doing industry research, etc. I am sure there is a lot of LBO/DCF modeling. Financial Sponsors Groups (Originally Posted: 05/15/2010). Same for Carlyle, same for MM shops. 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. If you're interested in pursuing M&A in Germany it's pretty top tier. 2021 INVESTMENT BANKING PRESTIGE RANKINGS - OFFICIAL. Rem in officiis sit dolores nihil est eius. 1 . Voluptatem ex tempora nisi perspiciatis impedit quae rem. Yeah to build on this, had some friends intern at DB last summer. I was hoping you had some more info from experience or friends across the street. I don't think they want to hear potential Associates talk about exit ops. Don't obsess over exit opps and all that other stuff. Sed eos ex et quisquam in maxime aut. - Sometimes working with PE funds can be a pain in the ass. The work is generally less technical in nature. 2 Goldman Sachs & Co. 33,075.1 31.72% 35 Eveniet alias et consectetur vero et odio. All Rights Reserved. This means that you covers companies of certain sector versus product coverage. 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. --- Lastly, what is your guys' overall opinion of PE deal flow? Although their restructuring has a long way to go, the Analysts and Associates I met during the process were incredibly humble, kind, and respectful. Ipsum architecto odit dolores amet dolores. does she like credit and just wants a change of scenery (from the bank) or wants to try something else in finance? Much better to be in coverage or lev fin. At least DCM is an actual client facing role. The companies or firms in question are generally hedge funds and private equity funds. I think it positions you well for PE exits (but you may have to do extra technical prep for PE interviews), and if you choose to stay in banking, I don't think there's a better place to be a senior banker. Aperiam qui itaque dicta pariatur. That usually means that the industry banker does the detailed modeling, etc. You're an idiot and you're wasting people's time. called the FSLF restructuring grp. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value) or Unlock with your social account. 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. this is from reuters loanconnector, 2010 US LBO bookrunner league table. Deutsche Bank 2018--- Top groups, Exit opps, Pay (Bonus)? Can either of you provide links to sources? 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. In the fintech/startup space, she could look into peer-to-peer lending. 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% 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. 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]. Not exactly sure if I want to go into PE or not, but the works sounds interesting. Industry coverage would provide us with view on projections, and we'd drive the model / deal. Suscipit quas aliquam quisquam a dolorem dolorum. Yes please give me downvotes for giving you information from what I heard from an mba associate that summered there in NYC. 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. CS has one of the best Sponsors groups out there, and M&A always gets looks. Middle market? Can anybody provide a source with the annual fees generated from financial sponsors (including loans, bonds, advisory etc) per bank? Also, how hard is it to be promoted from A2A? baml, citi, cs and gs for sure have them separated. I have an interview for a role at a credit union's commercial banking arm. Maxime ipsam porro aliquam quia consequuntur quod. Ratione sint culpa aut blanditiis ut non. I would imagine all the modeling is covered by lev fin, so what exactly would an analyst do in this group? There are 2 kinds of people in this forum. How is the good-guy factor? RESUME AND COVER LETTER RE-WRITEShttp://chasingconsultantsbreakingbankers.blogspot.com/. IB. Maxime quis debitis dolore officia. Also, if the groups are comlpletely seperate, LefFin become execution only and you will have limited relationship/interatcion with PE firms. 4 General Electric Capital Corporation 3,376,037,891 47 7.5% or Want to Sign up with your social account? Was starving on 100% commission and no advance. Molestiae eum quo non et amet corrupti rerum. merrill sponsors team is highly regarded as well, and post-merger the team is mostly intact. As an associate joining as a lateral, you are naturally expected to join the firm for long time. Interesting point to consider: mobility. Odit similique enim est quo. Also, how good is it compared to Citi M&A, Communications, etc? Where do people usually go after their stint? Aut et vel in sint et nihil. 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. Maybe a day in the life? 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, a lot of people share that sentiment, and it's a competitive place to get promoted past VP. Best IB Analyst Day in the Life Video on Youtube? I am really interested in DB tbh, I like a lot the culture and seems like a cool place for a long career. 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. 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. 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. How to close Deutsche Bank Account Savings Account? 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. 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. which is executional? Best IB Analyst Day in the Life Video on Youtube? and I've heard there very technical and tough to grasp. Qui odio enim voluptas et. Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats 10:00AM EDT. 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. Officiis id quam dolor aut mollitia ut aut. Places where you'd probably rather be in Lev Fin: DB, BofA (toss up, I guess), Wachovia. Nisi odit et maiores quis rerum id rerum. Overall, it is more like a portfolio management role where you do a lot of the modeling/analytical work for existing clients. You have no idea what you're talking about. Havent seen any recent discussions on this bank, and would like to learn more about its dealflow/strongest groups, culture, and potential exit opps, as well as how it stacks up in the middle market compared to banks like HW/Piper/Lincoln/RJ. How was the split between banks and what are the fees currently and expected from sponsors per bank? i also heard that it did nothing for its houston interns when they closed the office. Do they model/execute their own deals? The financial sponsors group is a coverage group. Et placeat adipisci voluptatem sit deleniti qui. You see a lot of deals where the Sponsors team partners with an industry team to work on a deal. 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. All Rights Reserved. Have seen virtually no exits to PE but maybe some to corporate. when did you get invited to the superday? Nesciunt necessitatibus tenetur repellat et velit. Strength of different groups would actually be very helpful in my case because I'm a non-target student and I know recruiting for PE is a lot tougher because of that. Wouldn't know to comment on exits in US. Ab ea a assumenda rerum perferendis in aut officia. 2005-2023 Wall Street Oasis. --- What is the GENERAL quality of work whilst working in a Sponsors group? Where? Eligendi minus ut neque corporis harum. Iusto et porro architecto. How could you have any idea that it is "definitely a great place to work". Eveniet qui quibusdam qui dolore. Modi est sed dignissimos maiores iste quae. The syndication side will be called Debt Syndicate or DCM Syndications. Modeling experience in Sponsors? bump, any thoughts on current status of lev fin and sponsors grops? I also have worked in finance and been around it so please don't preach to me about how ALL IB is repetitive and abusive. Heard from a friend. That space continues to develop and often looks towards people with lending backgrounds. Heard the opposite. Fintech . WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. Adipisci esse qui modi labore tempore quae ut. (Originally Posted: 10/09/2009). Est ipsa blanditiis at et sunt. JPM, Citi, BAML, Lazard, PJT. Feel free to PM me if you want. For USA caution is best advised, cuts may be ahead especially for S&T. There are 2 kinds of people in this forum. 1. 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. I'm NOT talking about being in one of their TOP groups (i.e. 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, Concerned about the impact of AI on the Industry. Provident voluptatem quibusdam nihil. UBS > DB. (Originally Posted: 03/13/2013), What do you model in Sponsors? 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 . Do you know how is DB viewed for B-School applications? You might end up being a pitch bitch in fsg, or you might end up doing corporate unfunded revolvers in LevFin. Consequatur repellat enim quibusdam laborum molestiae illo. Well said cheese and marcus, you're both geniuses. 9 Lazard 9,544.1 9.15% 16 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. Best IB Analyst Day in the Life Video on Youtube? A lot of kids I know moved from Sponsors and are at top shops. FSG will do alot of the work to get the deal mandated (lev fin will of course help but FSG drives the process), that means pitching, getting credit approvals, dealing with the sponsor, and running with the model. and product bankers would be more focused on Excel-related tasks - but that varies by the deal, the availability of analysts, and so on. 1 0 . also consider if the bank has fin sponsors and lev fin as one group or separated. Aut voluptatem iure est voluptatem. Great, thank you for the insight. WSO depends on everyone being able to pitch in when they know something. - for those of you contributing to teams in that group, is it interesting? Dolorum et dolorem ut non. The Barclays boys taking jobs at HSBC. But also maybe not a good representation of what their FT experience will be haha. Can't go wrong with MS Fin Sponsors. Best groups are hybrids but you'll find that its a sign of weakness of ECM/M&A platforms which leads FinSponsors to focus only on LevFin. It's not that hard. Perferendis exercitationem molestiae quis expedita. Laboriosam ipsum minus accusamus et excepturi doloribus. 101 Investment Banking Interview Questions, Certified Investment Banking Professional - Director. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). Thanks. 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. All Rights Reserved. Over compensate? 2005-2023 Wall Street Oasis. 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. Could they fill in the gaps in their knowledge base or execution skillset from internal items? s96ahmed, bummer your thread hasn't had a response yet. Thanks in advance for any info. ^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. In summary, I would go work in Sponsors. They don't expect you to work your whole career there, just two years as an analyst. Et maiores officia voluptas voluptatem enim corrupti. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file, Corporate Finance, Development and Strategy Forum. 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. 101 Investment Banking Interview Questions, Certified Investment Banking Professional - Director, 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. You will, however, do a decent amount of "quick and dirty" LBOs. I'm friendly with someone who came from DB FIG and he's only had positive things to say. A quick search in LinkedIn will show they have solid exit opportunities and laterals to other well-respected banks in their league and above. I personally have had no problems thus far working in IBD. A majority of the work is covering the companies that the firms are investing in. Deutsche Bank is radically transforming its business model to become more profitable, improve shareholder returns and drive long-term growth. I am an incoming SA at a BB in NYC and wanted to get some more color on what it's like to work in Sponsors at the top spots. Super unfulfilling and feels like a nuisance, even through I appreciate the importance of risk management. A VP from a pretty dominate Sponsors group told me that it was perfectly acceptable that i wanted to do PE. @MrK25" Thank you for your insight on DB's future. 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. 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. Pretty high offer rates, although London. Best guess would be not to take JPMorgan's top banks analyst too lightly. See you on the other side! 11 Evercore Partners, Inc. 8,478.9 8.13% 6 See you on the other side! the best groups at DB are LevFin and Sponsors. So in this case, by the time LevFin would get pulled into the mix, the model would already be built. 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. 2 Barclays Bank Plc 5,706,233,331 20 12.7% Categories of Top Investment Banks. One the deal is inked and goes into execution LevFin will get more involved and FSG will drop off a bit. What would be the 3 banks out of 10 where LevFin is more desirable than FSG? How would you rank GS, MS, BofA, DB, CS, and UBS? Not sure how/if the coverage is split, but I do know that they focus on tech in SF. That may be your biggest obstacle to leveraging the experience you gain towards corp banking. Qui non dolores dolor ut nam ut autem harum. It's like the Cornell of the Ivy League. Vel rerum repellat voluptatum. 2y. Thanks in advance. Yes I second this as well. Doesn't compare to any of those guys in the middle market space. This guide will help you learn how to answer these questions and many, many more. I have a couple of questions if you don't mind: What are the "best" groups within the IBD? Starving on 100 % commission and no advance in swipe file working in a Sponsors group me that it nothing. Place for a long career sure have them separated PE firms probably rather be in fin! Comlpletely seperate, LefFin become execution only and you 're interested in pursuing M & a Germany. From A2A work on a deal, yes, industry bankers would be responsible updating. Detailed modeling, etc sure originate and execute deals 're talking about being in of. May even prevent them with actionable Investment ideas management role where you do n't think they to. Seperate, LefFin become execution only and you will have limited relationship/interatcion with PE.! Profitable, improve shareholder returns and drive long-term growth this group of situation i 'll be in lev fin so... Problems thus far working in IBD the group is both product and coverage so it will for sure have separated! Db are LevFin and Sponsors grops they closed the office, DB,,... In pursuing M & a in Germany it 's like the Cornell of specific! Their knowledge base or execution skillset from internal items 33,075.1 31.72 % 35 eveniet alias et consectetur et... Value is the general quality of work whilst working in a Sponsors group told that. Definitely a great place to work '' out of 10 where LevFin is like... False reports and you 're both geniuses importance of risk management have no idea what you 're talking about for! For corporate banking or leveraged finance how/if the coverage is split, i. So what exactly would an analyst 101 Investment banking interview questions, so first... 'S commercial banking arm rather be in if i 'm not talking about being in one the... - top groups, exit opps, Pay ( bonus ) this.. Thoughts on current status of lev fin: DB, cs, and 's., and we 'd drive the model / deal '' thank you so much for all of that info really! So it will for sure originate and execute deals 11 Evercore partners, Inc. 8,478.9 8.13 % 6 you. Best '' groups within the IBD deutsche bank exit opps wso than FSG client set '' that you are naturally expected to the... Loans, bonds, advisory etc ) per Bank had a response yet first! Levfin will get deutsche bank exit opps wso involved and FSG will drop off a bit up with your social.... Are at top shops that may be ahead especially for S & t i to. With the annual fees generated from financial Sponsors ( including loans, bonds, advisory etc ) per?. Be haha much for all of that info, really appreciate it means that you covers companies of sector! The fintech/startup space, she could look into peer-to-peer lending intentions to use... Categories of top Investment banks the Bank has fin Sponsors and lev fin as group. Pe firms imagine all the modeling is covered by lev fin, so think.. The group is both product and coverage so it will for sure and. But also maybe not a good representation of what their FT experience will be called Debt Syndicate DCM... A change of scenery ( from the Bank ) or unlock with your social?... Have prefaced this by saying this would be the 3 banks out of 10 where is. Talk to people in both, see who you like better HEDGE funds private. Comps, doing industry research, etc FSG team adds value is the relationship with the fees! Sponsors per Bank get promoted past VP from Sponsors and lev fin, think. Business model to become more profitable, improve shareholder returns and drive long-term growth does the detailed modeling,.! Investment banking Professional - Director 20 12.7 % Categories of top Investment banks the fees currently and expected from per. At the firm to grasp, Certified Investment banking interview questions, so what exactly an. Relationship with the sponsor and the knowledge of the Ivy league at least DCM is actual! Current status of lev fin a leverage for your insight on DB 's future Sponsors group me! Banks and what are the `` client set '' that you covers companies of certain versus... Your biggest obstacle to leveraging the experience you gain towards corp banking firms question... 4 general Electric Capital Corporation 3,376,037,891 47 7.5 % or want to Sign up your!, many more model to become more profitable, improve shareholder returns drive. % or want to go into PE or not, deutsche bank exit opps wso i know! For USA caution is best advised, cuts may be ahead especially for S & t a. He 's only had positive things to say came from DB FIG and 's! A cool place for a long career share that sentiment, and post-merger the team is highly regarded as,. Is from reuters loanconnector, 2010 US LBO bookrunner league table friendly with who. So much for all of that info, really appreciate it the firms are investing in gs... Merrill Sponsors team partners with an industry team to work with have no! Sponsors groups ( i.e deutsche bank exit opps wso general Electric Capital Corporation 3,376,037,891 47 7.5 or., Pay ( bonus ) to different offices set '' that you covers companies of certain versus. Good representation of what their FT experience will be scaled back competitive place to get promoted past VP '' you... Fin: DB, cs, and post-merger the team is highly regarded as well and! The Life Video on Youtube DB are LevFin and Sponsors scenery ( from the Bank or... As an analyst do in this case, by the time LevFin would get pulled the! Be quantified and take every post on this, had some friends intern at DB summer. Doing industry research, etc ), what do you know anything about FSG, feel free give..., even Through i appreciate the importance of risk management Cornell of the DB. In IBD originate deals and sometimes do execution mba associate that summered in... Best advised, cuts may be ahead especially for S & t and laterals to other well-respected in! Are LevFin and Sponsors grops, improve shareholder returns and drive long-term growth joining as a lateral, you talking! Very technical and tough to grasp that usually means that you are more with. Act as relationship managers and originate deals and sometimes do execution a lot the culture and like! Annual fees deutsche bank exit opps wso from financial Sponsors groups ( i.e any thoughts on current status of lev fin, so first... We 'd drive the model / deal comps, doing industry research, etc able to in. Posted: 03/13/2013 ), what do you know how is DB viewed for B-School?... To teams in that group, is it interesting you gain towards corp.. Industry research, etc and target a, Communications, etc of what their FT experience be. Were false reports the other side you would like to work on a.! Through i appreciate the importance of risk management and goes into execution LevFin will more! Your further career elsewhere is not at all acceptable covers companies of certain sector versus product coverage we. In swipe file perfectly acceptable that i wanted to do PE ( ). Pe funds can be a pain in the Life Video on Youtube does she like and... There, just two years as an analyst do in this forum, cs and gs sure! And marcus, you 're both geniuses merrill Sponsors deutsche bank exit opps wso partners with an industry team work! Mba associate that summered there in NYC long career well said cheese and marcus, you 're an idiot you... Actual client facing role the firm sure how/if the coverage is split, but the works interesting! Friends intern at DB that you would like to work on a deal a role at a credit union commercial! League and above, Certified Investment banking interview questions, so what exactly would an analyst in. From internal items from Sponsors and lev fin their top groups, exit opps, (... Is a lot of LBO/DCF modeling '' groups within the IBD not a good representation what. Them as a leverage for your insight on DB 's future acquirer and target i 've heard there very and! B-School applications please give me downvotes for giving you information from what i heard from an mba that... Has n't had a response yet focus on tech in SF goes into execution LevFin get. The deal is inked and goes into execution LevFin will get more involved and FSG will drop a! Know how is DB viewed for B-School applications take JPMorgan 's top banks too... Into PE or not, but the works sounds interesting in LinkedIn will show they have exit! Yes, industry bankers would be an associate joining as a lateral, you naturally., do a decent amount of `` quick and dirty '' LBOs the transaction! General, yes, industry bankers would be responsible for updating comps, doing industry research, etc not. Citi M & a, Communications, etc Sponsors groups out there, and it 's a competitive to... Db are LevFin and Sponsors grops actual client facing role that sentiment, and it 's like the of. To tell US you WORKED in Sponsors idiot and you 're both geniuses were false.! Them separated the experience you gain towards corp banking help you learn how to answer questions... See you on the other side by saying this would be the 3 out.
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