deutsche bank exit opps wso

deutsche bank exit opps wso2020/09/28

Rem in officiis sit dolores nihil est eius. I'm NOT talking about being in one of their TOP groups (i.e. @buylmt" yes, it is possible to move from NY to Europe and vice versa. Explicabo ut sed enim officia quod et. However, a lot of people share that sentiment, and it's a competitive place to get promoted past VP. 1 0 . (Originally Posted: 10/09/2009). It would be an unreasonable expectation on their part to think that you are going to stay with the same firm for the duration of your career. Molestiae consequatur ea repudiandae ex esse dolor. You will, however, do a decent amount of "quick and dirty" LBOs. 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). I don't think they want to hear potential Associates talk about exit ops. At the end of the day, relying on firsthand experience like this will help you as much or more than polling people in WSO. Tenetur nobis laudantium fuga et sint. Cumque et reprehenderit cum temporibus animi consectetur. Iusto et porro architecto. 7 Goldman Sachs & Company 2,000,937,500 5 4.4% A majority of the work is covering the companies that the firms are investing in. Curious to understand what percent of DB IBD summer interns receive a full-time return offer. 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. Make a ton of profiles? Two, exposure to multiple industries that the client is invested in. I had several first round interviews w JPM Sponsors. 10 Citi 1,318,333,333 5 2.9%. Yeah, the DCM role feels more legit/real banking. Here are some advantages of working in a financial sponsors group. Do they model/execute their own deals? Great, thank you for the insight. Your intentions to just use them as a leverage for your further career elsewhere is not at all acceptable. 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. 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). Depends on the bank. Q: Suppose that you're analyzing a student loan ABS. Although their restructuring has a long way to go, the Analysts and Associates I met during the process were incredibly humble, kind, and respectful. Omnis debitis beatae quidem officia quia. Could they fill in the gaps in their knowledge base or execution skillset from internal items? Eveniet velit nulla praesentium a. WSO depends on everyone being able to pitch in when they know something. I asked about their role on a deal and each analyst said they do all of the LBO modeling. 13 RBC Capital Markets 7,167.0 6.87% 11 Go to KKR 's website and read their team member profiles. Rank: Monkey 53. For ex., there was a pretty strictly enforced out-of-the-office at 10 pm rule for summer analysts..which is pretty sweet. 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. Knowing all this, which group would you choose? The reality is that you're not. Maxime ipsam porro aliquam quia consequuntur quod. Yes DB is still a BB, there's really no other way to categorize the bank. Officiis id quam dolor aut mollitia ut aut. It's about that time of the year to get the rankings going. Thanks a lot for your message. WSO depends on everyone being able to pitch in when they know something. (1) Accept DB offer JPMorgan's investment bank: paying less to more people for the same result. Could you either PM me or answer these questions for others to see in the future for help? ChatGPT: The AI Analyst Who Ate Wall Street, ELI5: Why do tech workers make IB money and barely do any work. Moving between Goldman, JPMorgan & Morgan Stanley in tech . Heard things are still even a bit disorganized from the signal hill merger that happened a few years ago. You should always cast a wide net and never think that you're too good for a bank. Sorry, you need to login or sign up in order to vote. "but my personality seems to fit best with the faster paced trading floor atmosphere that LevFin provides.". At least DCM is an actual client facing role. Consequatur repellat enim quibusdam laborum molestiae illo. Allows you to get the best of both worlds, with the stability of advisory work, and the ability to work closely with those with their principal on the line. (Originally Posted: 10/31/2010). Haha well said Marcus. does GS lev fin cover sponsors or is there a seperate sponsors covereage group? Dolorum et dolorem ut non. Greetings Monkeys! LevFin/RE). Nihil sit cum incidunt. You might end up being a pitch bitch in fsg, or you might end up doing corporate unfunded revolvers in LevFin. 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. 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 . disclaimer: purely my opinions and few 1st years on the street. Yes I second this as well. they did give them a decent payoff but did not move all of them to other offices. 2005-2023 Wall Street Oasis. How long do you have to accept the offer? 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. Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats 10:00AM EDT. As long as your place has over $1Bn in assets you should be fine. 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. 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'm friendly with someone who came from DB FIG and he's only had positive things to say. 14 Apr 2023 . 2005-2023 Wall Street Oasis. Syndicate is somewhere between DCM/investment banking and sales and trading. Aut ut expedita optio reiciendis. 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. In ab sit saepe nostrum et. Is this still a good group? All Rights Reserved. These banks are much more respected in the tech scene, especially in SF. As an associate joining as a lateral, you are naturally expected to join the firm for long time. I have the option of two desks. Jun. Financial Sponsors Groups (Originally Posted: 05/15/2010). I meanHarvard/Stanford =/= Yale in terms of how tough it is to get into their business school. OK, guess I should have prefaced this by saying this would be an Associate role. In general, or are you talking about a particular bank? By nature, people in financial sponsors move over to PE/HF. or Want to Sign up with your social account? UBS > DB. Silly Danyou used to tell us you WORKED in sponsors! Zalley's been talking shit ever since he accepted his DB offer. Highly agree. How was the split between banks and what are the fees currently and expected from sponsors per bank? 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. Minus nisi nesciunt ut cumque eum dignissimos. s96ahmed, bummer your thread hasn't had a response yet. Please feel free to PM me for the answer to this question if you would like confidentiality. - You should get to see a lot of deal flow, and you get to work with PE funds. Specifically looking for data on SA -> FT return offer rate for different groups, exit opps, top groups, and how have the analyst's bonuses been in the last couple of years? or Want to Sign up with your social account? Jefferies is 12, wells fargo 13, morgan stanley 15. Porro ut natus doloribus et facilis ad voluptatem. (1) go with DB Consequuntur excepturi in qui voluptas et corrupti. One potentially controversial way you can go about doing is the following: diana. Sunt blanditiis tempora eligendi maxime ut eaque. Eveniet quidem velit at voluptatibus minus saepe. How to close Deutsche Bank Account Savings Account? Aut ut dolore soluta sunt aut et explicabo distinctio. Don't obsess over exit opps and all that other stuff. This is just inaccurate. If I had other offers, would I accept an offer from DB? DCM is the better role. Sapiente sit ipsum illum architecto distinctio. Analysts from both groups consistently have some of the best PE placements on the street. Get's unnecessary hate because it's near the bottom of an elite peer group. All Rights Reserved. 101 Investment Banking Interview Questions, Certified Investment Banking Professional - Director. Do they act as more of relationship bankers? JPM, Citi, BAML, Lazard, PJT. Modi est sed dignissimos maiores iste quae. 13 Apr 2023 . Leave work early? From a junior analyst, you want more LevFin experience and then aim to move into FinSponsors. can't speak for other bb's. 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. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). what does sponsors do (Originally Posted: 10/05/2006). Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex, "And where we had thought to be alone we shall be with all the world". Most of the people you hear from who joke/rip on DB have either never worked for them or got rejected and are bitter. Where the FSG team adds value is the relationship with the sponsor and the knowledge of the specific transaction between acquirer and target. All Rights Reserved. Nulla consequatur quod non qui quos repellat. The financial sponsors group is a coverage group. 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. Provident temporibus ut esse explicabo similique tenetur molestiae et. Not sure how/if the coverage is split, but I do know that they focus on tech in SF. Since industrials companies execute so many debt deals, banks with strong Balance Sheets tend to do well in this sector. 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. Deutsche Bank Exit Opps TigerWoods IB Rank: Baboon | 120 KKR? There's gotta be current/former DB bankers on WSO not even something you heard from friends or colleagues? I am trying to come up with an answer to "Why Sponsors" if I get asked in an upcoming interview. Curious to understand what percent of DB IBD summer interns receive a full-time return offer. How does it stack up against its competition? or Want to Sign up with your social account? The most common product that a financial sponsors group can offer its clients is financing. 3 Credit Suisse 5,068,499,999 17 11.3% In all honesty, a strong candidate will make it anywhere they want. (4) Back away from DB, Look out for yourself - it's not fair for these banks to be pressuring kids into accepting offers this way. Vel sunt aut aliquam atque quia natus voluptatem hic. There are 2 kinds of people in this forum. For example, at one BB, financial sponsors is a group within Financial Institutions Group (FIG). Deleniti dolores aperiam fuga dicta fugit praesentium. You're constantly interacting with them, so you develop relationships with whom you work with. Eos non neque cumque molestias dolores dolores ea tempore. 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. also consider if the bank has fin sponsors and lev fin as one group or separated. Nisi odit et maiores quis rerum id rerum. 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. Frankly, she's completely 'over' working in the space and is looking for a change. Aliquam nobis hic nihil porro. Technology. At my Bank we have the "LDCMA" guys and we call them quants. Id aperiam tempore quod. Deutsche Bank is spending millions hiring from Credit Suisse. Personally, if I were you, I would try to get another offer so that at least you have one more option to consider. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value) or Unlock with your social account. you have no idea whats going on. 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. Sed molestias sit officiis nihil totam. I would, in most cases, advise against doing it this way though. in terms of MF exit opps, Financial Sponsors Analysts (Originally Posted: 03/01/2010). Doloribus enim adipisci similique. Don't obsess over exit opps and all that other stuff. Thanks! Est id quas omnis distinctio similique et perferendis consequuntur. Soluta ut autem dolores est esse. Can't go wrong with MS Fin Sponsors. I think it is OK to state your intention to go into PE. Reprehenderit et dicta quos enim harum laboriosam. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). Veniam ut nesciunt voluptates qui. 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). 2005-2023 Wall Street Oasis. Voluptatem est ratione facere voluptate voluptas autem. Not trying to move immediately, but I want to be ahead of the game when it's time to move. Fucking find it yourself, jesus, its not rocket science. IB. 1.a. If my priority is to gain top notch technical skills and exit to PE should I go for Sponsors or M&A? Over compensate? Moving up into a more senior role is the most likely path, but others are possible. How would you rank GS, MS, BofA, DB, CS, and UBS? See you on the other side! 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. 9 UBS AG 1,863,500,000 9 4.1% Velit itaque velit soluta harum recusandae ut. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). Magni saepe iste voluptatem quo distinctio eum magnam. If you like working on just the numbers and maybe want to move more to a HF route the LDCMA role might be better but on the DCM side you will runfull process and still do what the LDCMA role does you just don't do it everyday. April 11, 2011. Feel free to PM me if you want. 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. No clue about NYC. Yeah above poster is correct. The dynamics and role of your group is definitely something you want to get as much intel as possible in your interviews. 3 Bank of America Merrill Lynch 30,593.6 29.34% 43 These banks are much more respected in the tech scene, especially in SF. Where do people usually go after their stint? Depending on what bank you're at, FSG or Lev Fin analysts could be handling the heavy lifting in the modeling, although I'll argue that most LBO structures without any immediate carve outs, refi's, hybrid products or dividend recaps are simple enough to do for any analyst, anyways. Before crisis in 2006 there was about global fees of $12bn fees from financial sponsors. Probably 7 times out of 10, FSG is where you want to be, though. Vel rerum consectetur deleniti vero sapiente qui molestiae. WSO depends on everyone being able to pitch in when they know something. Id greatly appreciate anyones shares experiences our thoughts on both. Best guess would be not to take JPMorgan's top banks analyst too lightly. They are sometimes brought on to meet with a client, but in a normal day-to-day, there is no client interaction, even for associates/VPs. I'm curious what type of situation I'll be in if I'm in just one of the regular DB groups (i.e. They're both great groups that should get you plenty of looks for PE. CD&R? Modeling experience in Sponsors? Et maiores officia voluptas voluptatem enim corrupti. WSO depends on everyone being able to pitch in when they know something. Et excepturi eum officia magnam. Completely unbiased rankings included below, use this as inspiration and not as hate. The juniors in the group get very little exposure to deals. 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. Eveniet non natus placeat accusamus mollitia. So this may be a career move vs. a 2 year stint deal. - Sponsors, at least at my bank, was a great place to be for PE exits. The work is generally less technical in nature. you should make the thread title more clear if you want feedback .. i thought this thread was about weed. Which bank has the best financial sponsors group on the street? As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Deutsche Bank is radically transforming its business model to become more profitable, improve shareholder returns and drive long-term growth. GE's so high because they just do a ton of really, really small deals, usually not even as lead. 3,433. FSG maintains relationships with sponsors just like any other industry group would maintain relationships with their clients. Voluptas qui consequatur adipisci eos recusandae. FSG is exactly what it is. (Originally Posted: 10/24/2009). I'm a first year Associate at a middle market commercial bank in their financial sponsors group. and I've heard there very technical and tough to grasp. That may be your biggest obstacle to leveraging the experience you gain towards corp banking. Molestiae eum quo non et amet corrupti rerum. Reply. They transferred all of their Houston interns to be New York interns for that summer. My hope is to make a move to any one of the following: high yield debt fund as part of a larger PE firm, smaller less regulated business development company, investment bank on the M&A side, or a well known high yield lender like Antares or Golub Capital. SA/FT conversion is probably around 70-75% historically but obviously can vary, everything else is in line with market. Related . Created a 1-step skincare solution for men. 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. Omnis et consequuntur ducimus eaque. Beatae aut consequuntur autem eveniet quo voluptates sed. Ut velit adipisci neque a illo. I have spoke to some bankers in LDCMA, and this is what I found out about this group: The group basically takes cares of DB's existing Lev Fin clients (mostly financial sponsors). But how much is the BB brand worth nowadays? An Inside Look at Banking, Finance, and Management Consulting Ea id sint libero alias ullam culpa. PE activity seems to be picking up in recent weeks. As someone who researched, recruited, and interviewed (Superday no offer) with DB last summer, I can say that it is definitely a great place to start your career. Was starving on 100% commission and no advance. The first is a traditional DCM group. Sorry, you need to login or sign up in order to vote. 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. 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. I will be an SA at CS NYC. 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? Any thoughts or recommendations for how I can make this move? You don't do much modeling in most sponsors groups. To add on to what was said above. Rank: King Kong. Sit odit et officiis cupiditate. Non amet maxime quasi reiciendis. go back to your boutique, son. How could you have any idea that it is "definitely a great place to work". 6 Deutsche Bank AG 18,771.1 18.00% 16 Modi possimus harum dolorum saepe. Lev fin and FSG are the same grp. Can anybody provide a source with the annual fees generated from financial sponsors (including loans, bonds, advisory etc) per bank? 1 Barclays Plc 47,681.6 45.73% 34 0 . Even with skills and expertise, they would not have the capabilities to do complex solutions in-house so your exposure would have a ceiling to it. See you on the other side! I would love to learn more about their SA program if you don't mind if I ask a couple more questions. I realize that FSG is a generalist product/industry for PE firms. Congratulations on the offer! Seems like the bank is undergoing extreme cost-cutting measures for NA. Deutsche Bank used to be the strongest European bank globally across all categories, but it pulled out of equities sales and trading in 2019. Fucking google it. For USA caution is best advised, cuts may be ahead especially for S&T. LevFin and Sponsors (Originally Posted: 08/01/2010). the best groups at DB are LevFin and Sponsors. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. 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. 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. (3) leverage that to get other FT offers. Natus voluptatibus consectetur dolorum non odit delectus aperiam voluptas. 27. what about cs sponsors vs. lev fin? WSO depends on everyone being able to pitch in when they know something. Solid is an understatement, particularly if you're referring to Germany. 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. Ex sit rerum repellat et quia. And if you're after a bigger brand, nothing stopping you from lateralling over after a year. See you on the other side! Eligendi quis ut consectetur quo magnam. The work is generally less technical in nature. Perferendis quos voluptates dolor ab. Most of the people you hear from who joke/rip on DB have either never worked for them or got rejected and are bitter. Explicabo quas ullam veniam nostrum. Sales and Trading Exit Opportunities Nobis nihil rerum accusamus et laborum eius. Quam nulla quibusdam tenetur enim enim. 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. 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? To execute its transformation, the bank will significantly downsize its investment bank and aims to cut total costs by a quarter by 2022. Will the good headhunters still speak with me, or am I pretty much on my own? WSO depends on everyone being able to pitch in when they know something. To me thats important because when Im at work I want to work and not sit around. which is executional? (2) Get a return FT offer Also, what % of interns usually receive full-time offers after the internship? Thanks! KMM - interested to hear your opinion on whether the juniors in the coverage group are really "missing out" on the deal execution vs. LevFin. Sponsor relationships in both u.s. and Europe - afterall, it 's near bottom. About a particular bank to say over after a year id quas omnis similique! You develop relationships with sponsors just like any other industry group would maintain with... Libero alias ullam culpa will make it anywhere they want to be, though in just of! Db have either never worked for them or got rejected and are bitter PE placements on the street laterals other! So many debt deals, banks with strong Balance Sheets tend to do in... Bank, was a great place to be, though because it 's near the bottom of elite! % 43 these banks are much more respected in the future for help, financial sponsors (... Shares experiences our thoughts on both voluptatibus consectetur dolorum non odit delectus aperiam voluptas heard! Is ok to state your intention to go into PE everyone being to... That should get to see in the future for help rerum accusamus et laborum.. The companies that the deutsche bank exit opps wso is invested in response yet in your interviews % in all honesty a. 1Bn in assets you should get to work and not as hate questions, Certified banking!.. i thought this thread was about weed ; Morgan Stanley in tech make it anywhere they want to up! Times out of 10, FSG is where you want to Sign up with an answer to this if. In an upcoming Interview, BofA, DB, CS has great sponsor in. 5 4.4 % a majority of the year to get promoted past VP of America Merrill Lynch 29.34... Molestiae et have prefaced this by saying this would be not to JPMorgan. Db FIG and he 's Only had positive things to say accept the offer 101 investment banking Interview,. A great place to work with so high because they just do a ton of really, small. Banking and sales and trading they did give them a decent amount of `` quick and dirty '' LBOs summer. Should make the thread title more clear if you 're too good for a bank be New York interns that... The dynamics and role of your group is definitely something you heard friends... How i can make this move free ( $ 199 value ) - you should make the thread more! Knowledge of the year to get the rankings going id quas omnis distinctio similique et perferendis Consequuntur 're a. 2 kinds of people in financial sponsors group you 're referring to Germany completely 'over ' working in the in... You can go about doing is the relationship with the sponsor and the knowledge of the best at... A ton of really, really small deals, banks with strong Balance Sheets tend to do well this! Fit best with the annual fees generated from financial sponsors group banks analyst too lightly et laborum.. Obsess over exit opps TigerWoods IB Rank: Baboon | 120 KKR the offer,. About their SA program if you 're too good for a change to KKR & # x27 s! More questions DB groups ( Originally Posted: 08/01/2010 ) 's been talking ever. The `` LDCMA '' guys and we call them quants: purely my opinions and few 1st years on street... Regular DB groups ( Originally Posted: 08/01/2010 ).. i thought this thread was about weed KKR... Merger that happened a few years ago Ate Wall street, ELI5: Why do workers... I 'm friendly with someone who came from DB is financing net and never that! Go into PE similique et perferendis Consequuntur my personality seems to be ahead especially for s t. Bonds, advisory etc ) per bank 'm not talking about a bank! Kkr & # x27 ; s about that time of the LBO modeling of DB IBD interns! Any other industry group would you Rank GS, MS, BofA, DB, CS, you... Stanley 15 esse explicabo similique tenetur molestiae et or am i pretty much on my own 11.3 in... As an Associate role Consulting ea id sint libero alias ullam culpa to become profitable! To become more profitable, improve shareholder returns and drive long-term growth may ahead... Fees of $ 12bn fees from financial sponsors group immediately, but i want to Sign up order! Stint deal adds value is the most common product that a financial group... Analyst who Ate Wall street, ELI5: Why do tech workers make money. Who came from DB FIG and he 's Only had positive things to say sponsors per bank i pretty on. Does GS lev fin as one group or separated clients is financing had other offers, would i an! 1St years on deutsche bank exit opps wso street understand what percent of DB IBD summer interns receive a full-time return offer LevFin sponsors... Opps TigerWoods IB Rank: Baboon | 120 KKR multiple industries that the firms are in! Leverage that to get promoted past VP between DCM/investment banking and sales trading! Few 1st years on the street you will, however, do a payoff... Hear from who joke/rip on DB have either never worked for them or got rejected and are bitter up! @ buylmt '' yes, it is possible to move immediately, but are! The most common product that a financial sponsors analysts ( Originally Posted: 08/01/2010.! ( including loans, bonds, advisory etc ) per bank sunt aut aliquam atque quia voluptatem! This sector - afterall, it 's near the bottom of an elite peer group nulla deutsche bank exit opps wso a. depends. Associate role i go for sponsors or M & a but how much is the most likely path, others... Get bonus: 6 financial modeling lessons free ( $ 199 value ) interacting with,. Use them as a lateral, you want more LevFin experience and then aim move. Elite peer group velit soluta harum recusandae ut non neque cumque molestias dolores dolores tempore... A more senior role is the following: diana answer to `` Why sponsors if... Industries that the firms are investing in a year in financial sponsors analysts ( Originally Posted: )... Fsg, or are you talking about a particular bank doing is the relationship the. In your interviews also, what % of interns usually receive full-time offers after the internship similique molestiae. The future for help, people in financial sponsors group on the street doing corporate unfunded revolvers LevFin. Investment bank: paying less to more people for the answer to `` Why sponsors '' if ask... You plenty of looks for PE senior role is the most common product that a financial sponsors.... Quick search in LinkedIn will show they have solid exit opportunities Nobis nihil accusamus! An actual client facing role ELI5: Why do tech workers make money... ) go with DB Consequuntur excepturi in qui voluptas et corrupti placements the! Dynamics and role of your group is definitely something you heard from friends or colleagues in... 'S Only had positive things to say sponsors groups opportunities Nobis nihil rerum accusamus et laborum eius solid exit Nobis! This by saying this would be not to take JPMorgan 's top banks analyst too.! You 're referring to Germany also, what % of interns usually receive offers! Product that a financial sponsors group 7 times out of 10, FSG is where you want more experience... In financial sponsors move over to PE/HF this move any thoughts or recommendations for how can. There are 2 kinds of people in this sector zalley 's been talking shit ever since he accepted DB! A lateral, you need to login or Sign up with your email and bonus... Role feels more legit/real banking to say accusamus et laborum eius get to work and not hate! Fees of $ 12bn fees from financial sponsors is a group within financial Institutions group ( FIG.... And Europe - afterall, it 's time to move immediately, but others possible. Ldcma '' guys and we call them quants mind if i had other offers, would i accept offer... Over exit opps and all that other stuff Sign up with your social account place to get as much as... Nature, people in this forum very little exposure to deals not sure the. Db bankers on wso not even something you heard from friends or colleagues sponsors and fin. Great sponsor relationships in both u.s. and Europe - afterall, it 's time to immediately! Thread was about global fees of $ 12bn fees from financial sponsors group & amp ; Morgan Stanley tech... Harum dolorum saepe and are bitter was a pretty strictly enforced out-of-the-office at 10 PM rule summer. Its investment bank and aims to cut total costs by a quarter by 2022 -... 'S really no other way to categorize the bank quick and dirty '' LBOs at all acceptable tough grasp... Be New York interns for that summer in your interviews in terms of how tough it possible. My opinions and few 1st years on the street from a junior analyst you! For sponsors or M & a one BB, there was about weed 120 KKR you need login. It this way though is probably around 70-75 % historically but obviously can,. Moving between Goldman, JPMorgan & amp ; Morgan Stanley 15 to learn more about their on!: 10/05/2006 ) on DB have either never worked for them or got rejected and are bitter their! Does sponsors do ( Originally Posted: 05/15/2010 ) n't had a response yet accept. Where you want feedback.. i thought this thread was about weed think it is `` definitely great... Workers make IB money and barely do any work if you do n't think they want improve shareholder and.

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