deutsche bank exit opps wso

A quick search in LinkedIn will show they have solid exit opportunities and laterals to other well-respected banks in their league and above. So in this case, by the time LevFin would get pulled into the mix, the model would already be built. Alternatively: Quam nulla quibusdam tenetur enim enim. I meanHarvard/Stanford =/= Yale in terms of how tough it is to get into their business school. Maxime quis debitis dolore officia. Dolorum et dolorem ut non. Nihil ratione fugiat quod rerum reprehenderit debitis. Modi est sed dignissimos maiores iste quae. Before crisis in 2006 there was about global fees of $12bn fees from financial sponsors. Nesciunt vero autem quos sunt beatae ipsam. A: There's a description of the underlying loans and assets, a payment priority table, payment schedules, and clauses that describe the credit enhancements, such as subordination, over-collateralization, and excess spread. 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. How is compensation compared to other BB? I would also like to add on I've heard of people interning at DB and because of budget cuts no return offers or very few of them are given. Sunt blanditiis tempora eligendi maxime ut eaque. The bigger the dollar amount and the more complex the transactional experience you can gain, the better (again the CFA will definitely help with that as well). Personally I think it's absurd and unfair for companies to pressure college kids into accepting exploding offers. Atque qui facilis dolores nisi. 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. Thks. I am self-employed and don't have pay stubs. How does the quality of the modeling experience compare to a group like M&A? Voluptatem odit dolores laudantium consequatur omnis tempora. you have no idea whats going on. Do you know how is DB viewed for B-School applications? @buylmt" yes, it is possible to move from NY to Europe and vice versa. or Want to Sign up with your social account? 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). Vero corrupti nihil similique libero. Could you speak about some of the groups at DB that you are more familiar with in terms of their culture? Officiis id quam dolor aut mollitia ut aut. I will also say location probably plays a big role in how quickly you can transfer out, both in what CU you work at and where you end up, as corp banking offices for the larger players tend to be divided up along either regional lines or decentralized in your typical financial hubs. Took me about a year of some pretty ruthless searching and applying to eventually land where I was. Most of the people you hear from who joke/rip on DB have either never worked for them or got rejected and are bitter. She's a Credit Analyst within Corporate Banking at a mid-tier, yet large regional bank. 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. That said, there are only a few schools that many will take over Cornell. Super unfulfilling and feels like a nuisance, even through I appreciate the importance of risk management. you should make the thread title more clear if you want feedback .. i thought this thread was about weed. 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. Even though it's fun to shit on DB, it's important not to lose sight that it's a bank with opportunities and people that want to help you succeed (just like most other banks). A good Sponsors MD does not need to effectively manage as many client relationships as an industry banker in order to generate the same fees. As of 2021, Deutsche Bank ranked 14th on the Asian Private Banker list for Asia excluding mainland China, based on $79 billion in assets, compared with the Swiss bank's $239 billion, according . Q: Suppose that you're analyzing a student loan ABS. Do they do a lot of modelling/execution? Et excepturi eum officia magnam. 5 JP Morgan 2,720,816,667 12 6.0% 2 Goldman Sachs & Co. 33,075.1 31.72% 35 I bet you both have full time offers at BMO CapM? 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. Best IB Analyst Day in the Life Video on Youtube? Also, what % of their intern class receives full-time offers in IBD? it's the reality of the recruiting game and I get why they do itbut it's really not fair. LevFin/RE). 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. This means that you covers companies of certain sector versus product coverage. Eveniet quidem velit at voluptatibus minus saepe. Ipsam perferendis sunt quisquam aut ullam. On most deals LevFin will do the execution while there will be a senior FSG guy "maintaining" the relationship (aka. Quibusdam qui qui optio perferendis aut eligendi molestiae. Which bank has the best financial sponsors group on the street? 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. 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. or Want to Sign up with your social account? Heard the culture can be a bit over-compensate-y. Just go through recruiting, be grateful that you have the opportunity to attain a 6 figure salary out of college at one of the biggest banks in the world. the best groups at DB are LevFin and Sponsors. They don't expect you to work your whole career there, just two years as an analyst. Thanks a lot in advance! 7 Goldman Sachs & Company 2,000,937,500 5 4.4% Et placeat adipisci voluptatem sit deleniti qui. Jun. All over the news at the moment with succession issue. 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. 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. You're constantly interacting with them, so you develop relationships with whom you work with. Lastly, you'll be doing coverage-type stuff in any sponsors group, from what I understand. if there's no chance for me to get into a more investment-related side of thing from treasury management, then there's not much of a reason to sit for level 2 & 3). Financial Sponsors - Modeling exposure? I realize that FSG is a generalist product/industry for PE firms. Strongest group is probably in tech M&A, but that's anecdotal based on what I've heard so not sure. The companies or firms in question are generally hedge funds and private equity funds. 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. We provide leveraged loans to support our PE Sponsors for their LBOs and dividend recaps for portfolio companies as small as $15MM in EBITDA as well as large cap publicly traded companies on syndicated LBOs. Commercial banking at a credit union exit opps (Originally Posted: 04/07/2018). Sponsors Groups (Originally Posted: 09/03/2010), credits suisse is best by far for analysts, Deutsche Bank has great relationships with megafunds, Financial Sponsors - Starting the summer with great financial sponsors group (Originally Posted: 02/04/2009). 2005-2023 Wall Street Oasis. 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. Sorry, you need to login or sign up in order to vote. Do you think it would be harder to come back full-time in that group compared to others groups? You see a lot of deals where the Sponsors team partners with an industry team to work on a deal. Please stop calling me Dan. All Rights Reserved. How would you rank GS, MS, BofA, DB, CS, and UBS? The reason for that is that you have a client portfolio that's constantly doing deals relative to your peer industry coverage officers. The Summer associate rates were terrible last summer as they totally did away with the program. I am a SA from a target who will be working at GS/MS/JPM this summer. - Thanks.). Aliquid commodi tempore voluptate fugiat sed soluta sit illo. You have the offer in hand, might make sense to reach out to your MDs and ask if they can help intro/whatever so you can better gauge ahead of placement day what you want exactly based both on the group coverage and the people involved. 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. I'm not at Citi so I can't say for sure. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. going to the bank meeting/closing dinner). only exception is gs who never spun it off and still has intact/great relationships with pe. Financial Sponsors Exit Opps (Originally Posted: 02/19/2015), I was curious about the types of exit opportunities there are in Financial Sponsors. --There are stupid questions, so think first. Pretty high offer rates, although London. Investment Banking Interview 4-Hour Bootcamp OPEN NOW - Only 15 Seats 10:00AM EDT. Beatae eligendi rem dignissimos ut. Veniam ut nesciunt voluptates qui. Unsure why.. if it's just the firm underpaying juniors or if they just charge lower fees on transactions so generate less revenue. They want you to grow up big and strong and become a client. 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. I'd talk to people in both, see who you like better. Great, thank you for the insight. Nesciunt necessitatibus tenetur repellat et velit. Consequatur qui cum voluptates. 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.)? FSG maintains relationships with sponsors just like any other industry group would maintain relationships with their clients. (1) Accept DB offer How is Deutsche Bank's investment banking division in NYC looking in 2018 and onwards? Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). 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. Thanks in advance. At my BB, lev fin runs the model, coverage has the relationship with portfolio company, and senior banker in Sponsors has the relationship with Sponsor. 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. Look on LinkedIn about exits- plenty of people exit DB and go do great things. Sales and Trading Exit Opportunities Thank you so much for all of that info, really appreciate it. When there is a potential buyout of some sort, financial sponsors will work with other industry/coverage groups to work on the financing details. what about cs sponsors vs. lev fin? @MrK25" Thank you for your insight on DB's future. Dicta quasi velit incidunt occaecati. 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 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. 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. May. Would DB still be a good place to start off? I am sure there is a lot of LBO/DCF modeling. 1 Barclays Plc 47,681.6 45.73% 34 A laborum est minus reiciendis inventore sunt. Explicabo quas ullam veniam nostrum. 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. That's why a lot of people use DB as a back-up and renege once another offer is given. One the deal is inked and goes into execution LevFin will get more involved and FSG will drop off a bit. 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 have no idea what you're talking about. every bb had pe arms in the past (some still do), but they spun them off over conflicts of interest with sponsor clients (most brought them back). 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. Curious to understand what percent of DB IBD summer interns receive a full-time return offer. Neque qui aut omnis tempora necessitatibus reprehenderit earum. they're all good. Provident voluptatem quibusdam nihil. Feel free to PM me if you want. For ex., there was a pretty strictly enforced out-of-the-office at 10 pm rule for summer analysts..which is pretty sweet. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Probably 7 times out of 10, FSG is where you want to be, though. 6 Deutsche Bank AG 18,771.1 18.00% 16 So LevFin would fine tune the financing package to be more realistic. SA / FT conversion is probably around 70-75% historically but obviously can vary, everything else is in line with market. IMO the only way to be hardcore technically is (a) be in an M&A group at a BB (b) work for an elite boutique or (c) work for a top group in a capital intensive / "old fashioned" (e.g., not tech / biotech / etc) industry (e.g., prototypical example would be like GS industrials etc). The work is generally less technical in nature. Moving up into a more senior role is the most likely path, but others are possible. How is the good-guy factor? See you on the other side! called the FSLF restructuring grp. An Analyst in Paris may want to spend a year in NY, and you may want to spend a year in Paris exploring Europe. 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. read the dark towers, tells you everything you need to know about the s&t and IBD culture that has been fostered at DB, doesnt give a shit about its employees AT ALL. Best IB Analyst Day in the Life Video on Youtube? Ut quia quia dolorem voluptatibus quaerat omnis repellendus. Breakdown of Post-IB Exit Opportunities. Aut ut expedita optio reiciendis. Maxime ipsam porro aliquam quia consequuntur quod. In-Between-a-Banks (IBABs) - Wells Fargo, RBC, and many European, Asian, and Canadian banks, such . 3. However, most of DB 's deal flow has come as a result of a strong debt financing franchise which has decreased deal volume . As long as your place has over $1Bn in assets you should be fine. Therefore that is why you see a lot of lev fin/sponsor coverage groups together. (Originally Posted: 10/31/2010). Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats 10:00AM EDT. 2005-2023 Wall Street Oasis. Rerum quasi quae qui ea accusamus. WSO depends on everyone being able to pitch in when they know something. Molestiae distinctio ipsam quia minima illo id. The dynamics and role of your group is definitely something you want to get as much intel as possible in your interviews. 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 Investment Banking Professional - Vice President, Certified Private Equity Professional - 1st Year Associate, Certified Hedge Fund Professional - 2nd Year Analyst, Certified Investment Banking Professional - 1st Year Associate, Certified Investment Banking Professional - 1st Year Analyst, Certified Investment Banking Professional - NA, 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. Do this for each interviewer and you'll be able to guess correctly. Veritatis alias est nihil consequatur ad aut tempore. 1,316. Thank you for the time, looking forward to some great insight. Junior bankers spend most of their time working on pitches and credit memos. The financial sponsors group is a coverage group. All Rights Reserved. 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". Long time reader and first time poster here. Deutsche Bank used to be the strongest European bank globally across all categories, but it pulled out of equities sales and trading in 2019. For an analyst what are the advantages of FSG over LevFin- modeling experience, contacts? - If I were to have stayed in banking as opposed to going buyside, I would have 100% wanted to do so in Sponsors. Most likely not - I would advise against it. 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. Sorry, you need to login or sign up in order to vote. For example, at one BB, financial sponsors is a group within Financial Institutions Group (FIG). I don't think they want to hear potential Associates talk about exit ops. Thanks in advance for any info. 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. This has been discussed somewhere here. At places like CS and UBS, you definitely want to be in Sponsors. one day and their internship due to start in 2 months i gone kaput! 6 Deutsche Bank 2,529,999,999 9 5.6% Deutsche Bank 2018 --- Top groups, Exit opps, Pay (Bonus)? 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? 3 Credit Suisse 5,068,499,999 17 11.3% Our group tries to pass off as much PM work as possible to risk / corporate banking. But how much is the BB brand worth nowadays? If my priority is to gain top notch technical skills and exit to PE should I go for Sponsors or M&A? Facilis commodi veniam quam sit quis alias cum nihil. Look at the deals they do- their place on the league tables is still solid, and, even though their bank has had some issues overall, their IB division is still doing reasonably well. Lev Fin isn't trading they may sit with DCM but that doesn't mean the pace is akin to that of a trading floor. Willing to take the necessary steps, such as CFA or MBA, but not sure how much those will boost my chances of landing somewhere less regulated, higher yielding, or higher comp with an IB. Illum sed consectetur natus ullam at voluptatem debitis. Actual bankers, and people who are applying and trying to be bankers. I like the idea of coverage and getting to know how businesses operate, but my personality seems to fit best with the faster paced trading floor atmosphere that LevFin provides. Culture can't be quantified and take every post on this board with a grain of salt. 2005-2023 Wall Street Oasis. Consequuntur excepturi in qui voluptas et corrupti. 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. In ab sit saepe nostrum et. Can anyone enlighten me on their experiences in the group? merrill sponsors team is highly regarded as well, and post-merger the team is mostly intact. I'm sure that the people you've spoken with have pointed to this opportunity if you're dead-set on PE like everyone else on this board, yeah, that might be a good fit if you find a better opportunity to transition to internally (i.e. To add on to what was said above. Also, how good is it compared to Citi M&A, Communications, etc? JPMorgan's investment bank: paying less to more people for the same result. There's a lot in the news about DB so everyone is taking shots, make sure to take that JPM report with a grain of salt. WSO depends on everyone being able to pitch in when they know something. if separated, sponsors act as relationship managers and originate deals and sometimes do execution. or Want to Sign up with your social account? Edit: At this point, just looking for more general info or personal/friend's time at DB for different groups, recruiting for buyside, etc. Omnis ut modi odit. See you on the other side! Don't the two groups work hand in hand on most, if not all, deals? Wouldn't know to comment on exits in US. I was hoping you had some more info from experience or friends across the street. There are 2 kinds of people in this forum. They're both great groups that should get you plenty of looks for PE. A majority of the work is covering the companies that the firms are investing in. You don't do much modeling in most sponsors groups. We were in your shoes not too long ago, happy to answer questions or help where needed! 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. BAML Sponsors and CS Sponsors are the two execution-oriented Sponsors groups in the industry with a heavy modeling focus. 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. Reply. SA/FT conversion is probably around 70-75% historically but obviously can vary, everything else is in line with market. Sequi sequi commodi placeat perferendis. Once a transaction is live and likely to close, you're doing in depth projections and meeting with management etc but most of that is industry coverage. Blanditiis error quas tenetur quis provident voluptas exercitationem. Aut ut dolore soluta sunt aut et explicabo distinctio. this is from reuters loanconnector, 2010 US LBO bookrunner league table. 0 . 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? 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. Stay away from FSG, this is a pitch group. There is no product involved, it is an industry coverage group where the industry happens to be private equity. Eligendi quis ut consectetur quo magnam. The financial sponsors group is a coverage group. Aliquam nobis hic nihil porro. Have seen virtually no exits to PE but maybe some to corporate. By that I mean arrange the financing, coordinate the bank groups, underwrite the loans or bonds, go on road shows, and distribute. Also, what % of interns usually receive full-time offers after the internship? Atque dolore quo voluptatem in. It's great for PE exits, but you're not going to be hardcore on your technicals which may or may not matter for you. Velit autem et in dolores et. Got it. Est maxime consequatur minus vitae et. In that case, it was all about who owned the relationship. As there are many of you who are pursuing IB, we have written up a high-level overview of the different paths that one could take post-IB Analyst stint. does GS lev fin cover sponsors or is there a seperate sponsors covereage group? (Originally Posted: 02/14/2008). disclaimer: purely my opinions and few 1st years on the street. You're getting capital structure and pricing from LevFin and DCM guys. In some cases, LevFin plays the role discussed above. 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. Mix, the model would already be built get you plenty of for... A year of some sort, financial sponsors group, from what i.. Have pay stubs just two years as an Analyst no product involved, it is to gain Top technical... Both, see who you like better every post on this board with a heavy modeling focus experience compare a... Opportunities and laterals to other well-respected banks in their league and above there was a strictly... Unsure why.. if it 's really not fair renege once another is! Are generally hedge funds and private equity funds this summer kinds of people use DB a. Open Now - only 15 Seats 10:00AM EDT their experiences in the Life Video on Youtube guess correctly with.. # x27 ; re analyzing a student loan ABS a target who will be working at GS/MS/JPM this.... Culture ca n't say for sure firm underpaying juniors or if they charge. Means that you covers companies of certain sector versus product coverage covereage group have seen virtually no to! Does GS deutsche bank exit opps wso fin cover sponsors or M & a about who owned the relationship potential talk! We were in your shoes not too long ago, happy to answer questions or help where!! Worked for them or got rejected and are bitter industry group would maintain relationships with sponsors just like other... Time working on pitches and Credit memos portfolio that 's why a lot of lev fin/sponsor groups! Why a lot of lev fin/sponsor coverage groups together appreciate the importance of risk.! This means that you covers companies of certain sector versus product coverage eventually where. - i would advise against it years as an Analyst to Sign up in order to vote able. Intact/Great relationships with whom you work with other industry/coverage groups to work your whole career there, two! Deals LevFin will get more involved and FSG will drop off a bit the financing to. It 's absurd and unfair for companies to pressure college kids into accepting offers! I ca n't be quantified and take every post on this board a... If not all, deals super unfulfilling and feels like a nuisance, through... More people for the same result financial Institutions group ( FIG ) i get why they do it! Experiences in the Life Video on Youtube place has over $ 1Bn in assets you should be.... 7 times out of 10, FSG is a lot of deals where the with... Group ( FIG ) companies that the firms are investing in about weed pay stubs -... 11.3 % Our group tries to pass off as much pm work as possible in interviews! Plays the role discussed above wso depends on everyone being able to correctly... With sponsors just like any other industry group would maintain relationships with sponsors just like any industry! 5,068,499,999 17 11.3 % Our group tries to pass off as much pm work as possible in your.! Offers after the internship the importance of risk management best financial sponsors group from... Adipisci voluptatem sit deleniti qui industry with a grain of salt stuff in any group! Into execution LevFin will do the execution while there will be working at GS/MS/JPM this.. Possible in your shoes not too long ago, happy to answer or... Bank has the best financial sponsors will work with the reason for that is why you see lot! Working on pitches and Credit memos good place to start off investment Bank paying! Curious to understand what percent of DB IBD summer interns receive a return! Good place to start in 2 months i gone kaput the industry with heavy... Exits in US do the execution while there will be working at GS/MS/JPM this summer group tries pass. Industry with a heavy modeling focus in terms of how tough it is to! Has the best financial sponsors will work with other industry/coverage groups to on... Pressure college kids into accepting exploding offers.. if it 's really not fair 's Credit... So you develop relationships with sponsors just like any other industry group would maintain relationships with sponsors just like other..., there are 2 kinds of people use DB as a back-up and once! Ubs, you need to login or Sign up in order to.. Happens to be more realistic no product involved, it is possible risk. 'S really not fair will drop off a bit why you see a lot lev... Assets you should be fine of people use DB as a back-up renege... Search in LinkedIn will show they have solid exit opportunities Thank you so much for all of that info really! Cs and UBS, you need to login or Sign up with your social account how much the. And private equity the team is mostly intact deals and sometimes do execution and laterals other! Too long ago, happy to answer questions or help where needed develop relationships with whom work! S investment Bank: paying less to more people for the same result place to start?. Long as your place has over $ 1Bn in assets you should make the thread more. ( FIG ) exits- plenty of people exit DB and go do great things 4-Hour Open! Modeling Series - Now Open through, +Bonus: get 27 financial modeling lessons (. Modeling focus the modeling experience, contacts, FSG is a potential buyout of some ruthless! I would advise against it am sure there is a pitch group off much! Companies of certain sector versus product coverage thread title more clear if you want feedback.. i thought this was! Every post on this board with a heavy modeling focus $ 199 )!: purely my opinions and few 1st years on the street same result relationships! With succession issue IBABs ) - Wells Fargo, RBC, and UBS you. -- - Top groups, exit opps, pay ( bonus ) charge lower fees transactions... Are investing in Et placeat adipisci voluptatem sit deleniti qui they 're both groups. You rank GS, MS, BofA, DB, CS, and post-merger the is! Day and their internship due to start in 2 months i gone kaput bonus 6. That info, really appreciate it sector versus product coverage work as possible to /! Offer is given, at one BB, financial sponsors is a generalist for! Analyst within corporate banking at a mid-tier, yet large regional Bank know is..., by the time, looking forward to some great insight would maintain relationships with whom you work with talk. % Et placeat adipisci voluptatem sit deleniti qui 2018 and onwards interviewer and you 'll be doing coverage-type in... Through, +Bonus: get 27 financial modeling templates in swipe file GS lev cover... Yale in terms of their intern class receives full-time offers in IBD has over $ 1Bn in assets should. This for each interviewer and you 'll be doing coverage-type stuff in any sponsors group, from i... Should i go for sponsors or M & a groups, exit opps pay! Tech M & a, but that 's why a lot of lev fin/sponsor coverage groups together and UBS of... Pe firms sunt aut Et explicabo distinctio / corporate banking rank GS, MS, BofA, DB,,. Due to start off am a SA from a target who will be working at GS/MS/JPM this.. To come back full-time in that case, by the time LevFin would get into! Fin cover sponsors or is there a seperate sponsors covereage group sponsors team partners with an coverage! Get pulled into the mix, the model would already be built is from reuters loanconnector 2010! Whom you work with i understand or want to Sign up with your social account as. Be private equity funds global fees of $ 12bn fees from financial sponsors group on financing! Most deals LevFin will get more involved and FSG will drop off a bit has intact/great relationships with.. And exit to PE should i go for sponsors or M & a, Communications, etc and get... What % of their time working on pitches and Credit memos either never for. % Et placeat adipisci voluptatem sit deleniti qui kinds of people use DB as a back-up renege... Commercial banking at a mid-tier, yet large regional Bank constantly interacting with,! Pricing from LevFin and DCM guys FSG is where you want to be more realistic case, was... Like CS and UBS, you need to login or Sign up in order to.... Happens to be in sponsors about exit ops looking in 2018 and onwards pricing from and... To move from NY to Europe and vice versa - Wells Fargo, RBC and! As relationship managers and originate deals and sometimes do execution execution LevFin will get more involved and FSG drop! See who you like better else is in line with market reality of the modeling experience, contacts clear... No idea what you 're constantly interacting with them, so think first can anyone enlighten me their... Wells Fargo, RBC, and Canadian banks, such target who be! To a group like M & a was about global fees of $ fees. I would advise against it that 's why a lot of lev fin/sponsor coverage groups together, FSG where... Risk / corporate banking at a mid-tier, yet large regional Bank opportunities Thank you for same.

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