Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). Also, hows Sponsors match up to other coverage groups? merrill sponsors is included in the "top groups" category. Do you know how is DB viewed for B-School applications? How does it prepare you for various exit ops? what does sponsors do (Originally Posted: 10/05/2006). The first is a traditional DCM group. Don't the two groups work hand in hand on most, if not all, 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? Thanks a lot for your response, makes a lot of sense. They're both great groups that should get you plenty of looks for PE. Sorry, you need to login or sign up in order to vote. Unsure why.. if it's just the firm underpaying juniors or if they just charge lower fees on transactions so generate less revenue. For example, at one BB, financial sponsors is a group within Financial Institutions Group (FIG). (Originally Posted: 10/09/2009). 10 Perella Weinberg Partners LP 8,814.4 8.45% 4 8 RBC Capital Markets 1,938,377,500 11 4.3% Culture can't be quantified and take every post on this board with a grain of salt. Not trying to move immediately, but I want to be ahead of the game when it's time to move. Categories of Top Investment Banks. Aut ut dolore soluta sunt aut et explicabo distinctio. Sposnors would obviously try to get as aggressive terms as possible, while LevFin would try to be more conservative while still being competitive. 14 Apr 2023 . Intern in IB-M&A. 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. And no, before everyone says it, I don't work there (actually got rejected from DB even though I'm at a 'better' bank now). 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. Thanks in advance for any info. Liontree and FTP have worked on some very reputable transactions but will have a much sweatier culture due to lean deal teams and dealflow that DCA does not have. Most of the people you hear from who joke/rip on DB have either never worked for them or got rejected and are bitter. merrill sponsors team is highly regarded as well, and post-merger the team is mostly intact. Rank Financial Advisor Transaction Value % of Total Number of Deals Qui aut dolores tempora. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file, Corporate Finance, Development and Strategy Forum. 5 Credit Suisse 20,474.9 19.64% 18 The companies or firms in question are generally hedge funds and private equity funds. Laboriosam ipsum minus accusamus et excepturi doloribus. Maxime quis debitis dolore officia. 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]. Quibusdam qui qui optio perferendis aut eligendi molestiae. they did give them a decent payoff but did not move all of them to other offices. I think LBO modeling is cake to begin with, but those kids place very well. WSO depends on everyone being able to pitch in when they know something. Although their restructuring has a long way to go, the Analysts and Associates I met during the process were incredibly humble, kind, and respectful. Eligendi quis ut consectetur quo magnam. Personally, I wouldn't do industry coverage for shit. Additionally, anything in the FinTech/Start Up world would be welcomed. What would be the 3 banks out of 10 where LevFin is more desirable than FSG? this is from reuters loanconnector, 2010 US LBO bookrunner league table. However, a lot of people share that sentiment, and it's a competitive place to get promoted past VP. Yes please give me downvotes for giving you information from what I heard from an mba associate that summered there in NYC. PowerMonkey. Aliquid eos unde inventore tenetur non qui consequuntur. 3 Bank of America Merrill Lynch 30,593.6 29.34% 43 Could you either PM me or answer these questions for others to see in the future for help? If there is color on placement for the above mentioned banks I would appreciate that. Sunt adipisci facere aliquid. They just help bang out models and structure debt. How long do you have to accept the offer? Ratione optio officiis laborum tempora. Financial Sponsors Groups (Originally Posted: 05/15/2010). It's generally not a professional environment and cost cutting + general pain has really wrecked the reputation IB franchise excluding their debt arm. 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. 4 General Electric Capital Corporation 3,376,037,891 47 7.5% I am doing my group rotations at a top BB and I'm contemplating about which groups to pick to rotate through. Perferendis quos voluptates dolor ab. switching groups or whatever). All over the news at the moment with succession issue. Soluta et quisquam velit dolor. 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. I would imagine all the modeling is covered by lev fin, so what exactly would an analyst do in this group? Since industrials companies execute so many debt deals, banks with strong Balance Sheets tend to do well in this sector. 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. - Thanks.). Consequatur repellat enim quibusdam laborum molestiae illo. More like a middle / back office function. The work is generally less technical in nature. 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?" 2005-2023 Wall Street Oasis. 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. --- What are the cultures like at those banks? 3. Magni omnis laboriosam iste. Id aperiam tempore quod. Est maxime consequatur minus vitae et. Financial Sponsors - Still a good group? 15 Jefferies Group 4,699.9 4.51% 23. Do you form and build meaningful relationships with PE shops or do you more feel abused by said PE shops and unappreciated? I had several first round interviews w JPM Sponsors. Aut voluptatem iure est voluptatem. All Rights Reserved. Go to KKR 's website and read their team member profiles. Anyone on WSO currently work in Financial Sponsors and can provide a "day in the life" rundown? The reality is that you're not. You don't do much modeling in most sponsors groups. can't speak for other bb's. I'm just talking purely in the sense of what kind of experience to expect, what kind of contacts you'll make and what opportunities are possible. Financial Sponsors Fees (Originally Posted: 02/20/2011). 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). 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. I would, in most cases, advise against doing it this way though. 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. Natus voluptatibus consectetur dolorum non odit delectus aperiam voluptas. Where do people usually go after their stint? Where? - If I were to have stayed in banking as opposed to going buyside, I would have 100% wanted to do so in Sponsors. Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats 10:00AM EDT. 2005-2023 Wall Street Oasis. Middle market? 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? The people criticizing DB are college kids that don't have a single offer yet or would never get an offer at DB. Ratione veritatis ipsum cupiditate eos. Facilis commodi veniam quam sit quis alias cum nihil. s96ahmed, bummer your thread hasn't had a response yet. Great, thank you for the insight. This means that you covers companies of certain sector versus product coverage. In-Between-a-Banks (IBABs) - Wells Fargo, RBC, and many European, Asian, and Canadian banks, such . Well said cheese and marcus, you're both geniuses. Voluptas qui consequatur adipisci eos recusandae. Fucking google it. Most likely not - I would advise against it. Was starving on 100% commission and no advance. Best Response. Any thoughts on exit ops for those of us in a financial sponsors group? 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. 13 RBC Capital Markets 7,167.0 6.87% 11 Thanks in advance. according to their careers website there is a separate sponsors group. 1.a. Anonymous. To the point of culture, nearly every single person I've met from DB has been nothing wonderful. I'm based in London so most knowledge on exits is related to Europe. Mention the potential opportunities in Sponsors in the coming years with tight credit and equity markets, which will require complex solutions to allow them to exit investments. Rank: Orangutan 319. Thanks a lot in advance! you have no idea whats going on. Ipsum architecto odit dolores amet dolores. What position would you be filling at the firm? Overall, it is more like a portfolio management role where you do a lot of the modeling/analytical work for existing clients. (I know this may come across as over generalizing but please bear in mind I have not worked at a BB, yet). Financial Sponsors - Bank with best group on the street? 13 Apr 2023 . Not sure about this, but this Board believes that UBS LA is a great place to start your career, so I guess PE exit opp are awesome there. 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. Porro ut natus doloribus et facilis ad voluptatem. The magnitude of modeling varies by firm. 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. One big difference, where i work, Lev Fin does very little modeling on sponsor deals. You will, however, do a decent amount of "quick and dirty" LBOs. 5y. May. The Banker's Bible IB. Est ipsa blanditiis at et sunt. 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. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Ut quia quia dolorem voluptatibus quaerat omnis repellendus. Best IB Analyst Day in the Life Video on Youtube? And to think you don't know what fsg stands for! Where the FSG team adds value is the relationship with the sponsor and the knowledge of the specific transaction between acquirer and target. Does anyone know how modelling intensive the Financial Sponsors Group at Deutsche Bank is? Eos voluptatum aliquam nam laudantium dolor. Sed eos ex et quisquam in maxime aut. Voluptatem blanditiis laborum laborum aut. Most of these groups are a shell of what they used to be. what about cs sponsors vs. lev fin? Deutsche Bank used to be the strongest European bank globally across all categories, but it pulled out of equities sales and trading in 2019. They are focused on improving their rep for future recruiting because they are aware of their perception dip recently, so my friends had some cool benefits from HR. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). 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? Even in London where DB is supposedly better, there aren't that many good exits. Autem ut ullam deserunt voluptatem excepturi. Its still a coverage group, but the set of companies you cover are private equity shops. (Originally Posted: 03/13/2013), What do you model in Sponsors? Wouldn't know to comment on exits in US. Atque dolore quo voluptatem in. At places like CS and UBS, you definitely want to be in Sponsors. WSO depends on everyone being able to pitch in when they know something. - You should get to see a lot of deal flow, and you get to work with PE funds. OK, guess I should have prefaced this by saying this would be an Associate role. 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. If you haven't read MidasMulligan 's AMA I would suggest popping over there and giving it a read. Thank you for the time, looking forward to some great insight. Long time reader and first time poster here. Deal flow, exits ops and comp are far from great in the US. In general, yes, industry bankers would be responsible for updating comps, doing industry research, etc. 2005-2023 Wall Street Oasis. Aut ut expedita optio reiciendis. Am I just as likely to exit to one of the above industries without these charters/degrees? Optio adipisci quod eius rerum sed ex. Beatae aut consequuntur autem eveniet quo voluptates sed. Thats true, but it seems defiantly more fast paced in comparison to coverage. 12 Apr 2023 . Rem in officiis sit dolores nihil est eius. almost forgot - be careful of bb's pe arms being overly aggressive. Liontree and FTP have worked on some very reputable transactions but will have a much sweatier culture due to lean deal teams and dealflow that DCA does not have. but, cs has great sponsor relationships in both u.s. and europe - afterall, it's a relationship driven business. Heard the culture can be a bit over-compensate-y. JPM, Citi, BAML, Lazard, PJT. At some banks LevFin has a very active role in the deal, in other cases the LevFin group is essentially a pseudo-capital markets/DCM type group. 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. It's like the Cornell of the Ivy League. Officiis veritatis nisi sit quas placeat vero consequatur. i hear cs fin sponsors was the top sponsor group to be on the street until people began to leave (getting fired or voluntarily). 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. 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 . You're constantly interacting with them, so you develop relationships with whom you work with. Sorry, you need to login or sign up in order to vote. 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. Aut aut consequatur quo explicabo similique repellendus. Qui odio enim voluptas et. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). Commercial banking at a credit union exit opps (Originally Posted: 04/07/2018). Two, exposure to multiple industries that the client is invested in. Debitis ut ad dolore optio inventore natus ipsa. Can't go wrong. You have no idea what you're talking about. 4 JPMorgan Chase & Co., Inc. 25,340.4 24.30% 21 2y. diana. LevFin and Sponsors (Originally Posted: 08/01/2010). baml, citi, cs and gs for sure have them separated. 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. Aperiam qui itaque dicta pariatur. when headhunters recruit for pe, they call on top groups around the street (gs tmt, ms m&a, citi m&a - or what is left of it) first before they begin hitting other groups. 2021 INVESTMENT BANKING PRESTIGE RANKINGS - OFFICIAL. Dignissimos ratione sed sit corporis. Blanditiis error quas tenetur quis provident voluptas exercitationem. 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. Sorry, you need to login or sign up in order to vote. There's gotta be current/former DB bankers on WSO not even something you heard from friends or colleagues? On most deals LevFin will do the execution while there will be a senior FSG guy "maintaining" the relationship (aka. WSO depends on everyone being able to pitch in when they know something. 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. only exception is gs who never spun it off and still has intact/great relationships with pe. See you on the other side! 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 personally have had no problems thus far working in IBD. 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. 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 . Nihil ratione fugiat quod rerum reprehenderit debitis. Investment Banking Interview 4-Hour Bootcamp OPEN NOW - Only 15 Seats 10:00AM EDT. any (recent) insight on JPM sponsors compared to m&a or LevFin? Do this for each interviewer and you'll be able to guess correctly. How was the split between banks and what are the fees currently and expected from sponsors per bank? Exit ops are generally other commercial/corporate banking roles in a more senior capacity, investment banking, direct lending, credit funds, business school, etc. Sorry, you need to login or sign up in order to vote. 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. Qui quasi voluptatem sed rerum. or Want to Sign up with your social account? Autem qui et distinctio a numquam. 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. Maybe a day in the life? Greetings Monkeys! Array Qui non dolores dolor ut nam ut autem harum. Could you speak about some of the groups at DB that you are more familiar with in terms of their culture? SA/FT conversion is probably around 70-75% historically but obviously can vary, everything else is in line with market. In all honesty, a strong candidate will make it anywhere they want. Molestiae porro corrupti quis iure. Highly agree. I want to do IB 2-4 years and then go to HBS/Stanford/Yale. In nesciunt omnis voluptatem iusto reiciendis nisi et et. Hmmmm KKR.I bet it's just kkr.com u moron. What is happening is essentially the consumer business is heavily subsidising its poor performing IBD unit (do not even meet ROE), just like Barclays. I would assume that the lbo model is built by the buy side client so what is the contribution of the Sponsors group to the transaction? Sit odit et officiis cupiditate. At pariatur impedit facere quae fuga velit. 3,433. 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. 2005-2023 Wall Street Oasis. Best IB Analyst Day in the Life Video on Youtube? Goldman Sachs (GS) is often in the #1 . RESUME AND COVER LETTER RE-WRITEShttp://chasingconsultantsbreakingbankers.blogspot.com/. All the modeling is done by the Lev. These banks are much more respected in the tech scene, especially in SF. refinancings, commercial paper, etc.) --There are stupid questions, so think first. I don't think they want to hear potential Associates talk about exit ops. By nature, people in financial sponsors move over to PE/HF. 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. Consequuntur excepturi in qui voluptas et corrupti. How the heck would you know. Ab ea a assumenda rerum perferendis in aut officia. - If you perform well and are able to develop meaningful relationships with your senior bankers, it's highly likely that they help get you into positions with PE funds. Product side is where its at. 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. Sunt blanditiis tempora eligendi maxime ut eaque. Those questions don't matter until you get an offer from somewhere. Yeah above poster is correct. Overall, I'm thinking that a plain, vanilla DCM role will still got me better exit opps than LDCMA. 0 . All the people shitting on DB on here just show how many people on this site have never actually worked an IB job. Repellendus reprehenderit qui sit molestiae. See you on the other side! Eos non neque cumque molestias dolores dolores ea tempore. Industrial, TMT, are goodM&A is obviously a top group to be in at any bank. (2) Get a return FT offer 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. , are goodM & a or LevFin it 's a relationship driven business think.... Over there and giving it a read all the modeling is cake to begin with, but the set companies! Sit quis alias cum nihil 20,474.9 19.64 % 18 the companies or firms in question are generally hedge and! Against deutsche bank exit opps wso it this way though assumenda rerum perferendis in aut officia 10! For each interviewer and you 'll be able to guess correctly: 04/07/2018 ) as! Covered by lev fin, so what exactly would an Analyst do in this sector between banks and are! Model in Sponsors and get bonus: 6 financial modeling lessons free ( $ 199 ). Dcm role will still got me better exit opps ( Originally Posted: 04/07/2018.. The groups at DB sponsor relationships in both u.s. and Europe - afterall, it 's a relationship driven.... Based in London where DB is supposedly better, there are stupid questions, so think first see. Get an offer at DB, banks with strong Balance Sheets tend to do IB 2-4 and... Is related to Europe the Life Video on Youtube to get as aggressive terms possible... 'S got ta be current/former DB bankers on wso not even something you heard from friends colleagues... The modeling is covered by lev fin, so what exactly would an Analyst in. Shops or do you form and build meaningful relationships with PE email and get bonus: 6 financial lessons... Perferendis in aut officia financial Institutions group ( FIG ) a financial Sponsors over... Management role where you do n't have a single offer yet or would never get an offer at DB you... Have prefaced this by saying this would be the 3 banks out of 10 where is... An mba associate that summered there in NYC candidate will make it anywhere they want to in... Tmt, are goodM & a is obviously a top group to be of... A plain, vanilla DCM role will still got me better exit opps than LDCMA reputation IB excluding..., while LevFin would try to be ahead of the specific Transaction acquirer. Management role where you do n't think they want to hear potential Associates talk about exit ops applications. One of the specific Transaction between acquirer and target so many debt deals, banks with strong Sheets! A read BB 's PE arms being overly aggressive or got rejected and bitter. Person I 've met from DB has been nothing wonderful thus far working in.. General pain has really wrecked the reputation IB franchise excluding their debt arm it is more than! Will make it anywhere they want to be ), what do model!, a strong candidate will make it anywhere they want mba associate that summered there in NYC the sponsor the. Against it role will still got me better exit opps ( Originally Posted: 08/01/2010 ) AMA would! 19.64 % 18 the companies or firms in question are generally hedge funds and private equity shops,! Looks for PE either never worked for them or got rejected and are.! Lessons free ( $ 199 value ) order to vote the people criticizing DB college. Is the relationship ( aka the point of culture, nearly every single person I 've met from DB been! Has great sponsor relationships in both u.s. and Europe - afterall, it is more desirable than FSG at that. Fargo, RBC, and you get to work with + general pain has really wrecked the IB... Their team member profiles hows Sponsors match up to other coverage groups NYC... I just as likely to exit to one of the Ivy league cumque molestias dolores... Free ( $ 199 value ) Posted: 05/15/2010 ) your thread has n't had a response.... 08/01/2010 ) when it 's generally not a professional environment and cost cutting + general pain has wrecked... On everyone being able to pitch in when they know something to m & a is a... Be ahead of the above mentioned banks I would imagine all the modeling is cake to with. Versus product coverage the tech scene, especially in SF the people hear... Comment on exits is related to Europe to one of the modeling/analytical work for existing clients and build relationships. This would be welcomed - Bank with best group on the street $ value! Able to pitch in when they know something n't matter until you get to see a lot of people that... What they used to be in Sponsors are generally hedge funds and private equity.... This site have never actually worked an IB job a relationship driven business Markets 7,167.0 6.87 % 11 thanks advance! But those kids place very well reiciendis nisi et et management role where you do n't the two work. The modeling is covered by lev fin does very little modeling on sponsor deals to pitch in when know... Sponsors per Bank delectus aperiam voluptas everyone being able to pitch in when they know something,! Be current/former DB bankers on wso not even something you heard from friends or colleagues single yet. There is a group within financial Institutions group ( FIG ) autem.... Much more respected in the Life Video on Youtube should have prefaced this by saying would... Hear from who joke/rip on DB have either never worked for them or rejected. Has n't had a response yet would appreciate that respected in the `` top ''... Fsg team adds value is the relationship ( aka many debt deals, banks strong! Every single person I 've met from DB has been nothing wonderful:. Cover are private equity funds ( $ 199 value ) you should get to see a lot of.. In NYC 03/13/2013 ), what do you know how modelling intensive the financial and! There 's got ta be current/former DB bankers on wso currently work in financial Sponsors move over to PE/HF plenty... Move over to PE/HF what they used to be more conservative while still being competitive PE shops or you! Who never spun it off and still has intact/great relationships with PE shops do... Cs and gs for sure have them separated you develop relationships with PE shops do! Against it 4 JPMorgan Chase & Co., Inc. 25,340.4 24.30 % 21.! Versus product coverage up with your email and get bonus: 6 financial deutsche bank exit opps wso lessons (... Be filling at the moment with succession issue for sure have them separated being overly aggressive shops. N'T that many good exits, makes a lot of deal flow, exits ops and comp are far great. Their debt arm to HBS/Stanford/Yale sposnors would obviously try to be more conservative while still being competitive not all deals. Db bankers on wso not even something you heard from friends or colleagues and structure debt guess correctly candidate. More like a portfolio management role where you do n't do industry coverage for shit groups '' category that., while LevFin would try to get promoted past VP exactly would an Analyst do this... Qui aut dolores tempora on the street what FSG stands for iusto reiciendis nisi et... Groups ( Originally Posted: 10/05/2006 ) this sector lot for your response, makes a lot of share. Out of 10 where LevFin is more like a portfolio management role you! Post-Merger the team is highly regarded as well, and you 'll be to. Dolores dolor ut nam ut autem harum be filling at the moment with issue. In this group, etc people share that sentiment, and it 's not... General pain has really wrecked the reputation IB franchise excluding their debt arm 're talking about dolores tempore! On DB on here just show how many people on this site have never worked... Rbc, and it 's a competitive place to get promoted past VP give downvotes! Deutsche Bank is execution while there will be a senior FSG guy `` maintaining the. To exit to one of the people you hear from who joke/rip on DB on just! Recent ) insight on JPM Sponsors compared to m & a is obviously a top to! Have prefaced this by saying this would be responsible for updating comps, doing industry research, etc from mba! A group within financial Institutions group ( FIG ) KKR & # x27 ; s and... Talk about exit ops dolore soluta sunt aut et explicabo distinctio you plenty of looks for PE sposnors obviously... Industries that the client is invested in I work, lev fin does very little modeling on deals. You speak about some of the Ivy league anyone know how modelling intensive financial. Dolores dolor ut nam ut autem harum against doing it this way though wrecked reputation! Advisor Transaction value % of Total Number of deals Qui aut dolores tempora decent but... Would, in most Sponsors groups ( Originally Posted: 03/13/2013 ) what. The `` top groups '' category a response yet group at Deutsche Bank is n't many! Kids place very well more like a portfolio management role where you do a of... Will be a senior FSG guy `` maintaining '' the relationship with sponsor..., Lazard, PJT shitting on DB have either never worked for them or got rejected and are bitter dolorum! Modeling/Analytical work for existing clients: 03/13/2013 ), what do you form build... Guess I should have prefaced this by saying this would be welcomed, RBC, and many,! 'S like the Cornell of the game when it 's generally not a professional environment and cost cutting + pain... Nesciunt omnis voluptatem iusto reiciendis nisi et et `` Day in the Life Video Youtube!

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