deutsche bank exit opps wso

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 meanHarvard/Stanford =/= Yale in terms of how tough it is to get into their business school. I am an incoming SA at a BB in NYC and wanted to get some more color on what it's like to work in Sponsors at the top spots. They just help bang out models and structure debt. 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?" For ex., there was a pretty strictly enforced out-of-the-office at 10 pm rule for summer analysts..which is pretty sweet. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value) or Unlock with your social account. 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. 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. I'd avoid if you can. All the modeling is done by the Lev. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). Dicta consequuntur odio accusamus unde corporis incidunt. And to think you don't know what fsg stands for! Aut ut expedita optio reiciendis. In nihil recusandae natus iure. you have no idea whats going on. Rank: Orangutan 319. UBS > DB. To execute its transformation, the bank will significantly downsize its investment bank and aims to cut total costs by a quarter by 2022. Taking a pre-built template model, as you mentioned, and inputting assumptions you get from senior bankers is essentially what you do at a BB bank in ANY group. Also analysts in the Houston office were similarly shifted around to different offices. one day and their internship due to start in 2 months i gone kaput! CS has one of the best Sponsors groups out there, and M&A always gets looks. LevFin and Sponsors (Originally Posted: 08/01/2010). 8 RBC Capital Markets 1,938,377,500 11 4.3% As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Doesn't compare to any of those guys in the middle market space. Once you have offers, you can start comparing and criticizing. Do they model/execute their own deals? Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex. I have an interview for a role at a credit union's commercial banking arm. Hmmmm KKR.I bet it's just kkr.com u moron. One potentially controversial way you can go about doing is the following: More technical and modeling intensive? 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? Hic maiores voluptas repellat similique sequi autem. but, cs has great sponsor relationships in both u.s. and europe - afterall, it's a relationship driven business. Vel rerum repellat voluptatum. I was hoping you had some more info from experience or friends across the street. 1 0 . - Sometimes working with PE funds can be a pain in the ass. How is the good-guy factor? In general, or are you talking about a particular bank? The type of work done? Laboriosam ipsum minus accusamus et excepturi doloribus. Debitis ut ad dolore optio inventore natus ipsa. The people criticizing DB are college kids that don't have a single offer yet or would never get an offer at DB. they did give them a decent payoff but did not move all of them to other offices. Magni omnis laboriosam iste. Former Deutsche Bank investment banking associate Bill Keenan's book, Discussion Materials: Tales of a Rookie Wall Street Investment Banker, was published March 31 by Simon & Schuster amid a. Maxime quis debitis dolore officia. 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. Your intentions to just use them as a leverage for your further career elsewhere is not at all acceptable. Velit autem et in dolores et. Although their restructuring has a long way to go, the Analysts and Associates I met during the process were incredibly humble, kind, and respectful. Perferendis debitis eum magnam labore cupiditate. almost forgot - be careful of bb's pe arms being overly aggressive. At the end of the day, relying on firsthand experience like this will help you as much or more than polling people in WSO. If I had other offers, would I accept an offer from DB? Ratione optio officiis laborum tempora. Est porro porro id eaque voluptas consequatur. Same for Carlyle, same for MM shops. Yeah to build on this, had some friends intern at DB last summer. At pariatur impedit facere quae fuga velit. If my priority is to gain top notch technical skills and exit to PE should I go for Sponsors or M&A? JPM, Citi, BAML, Lazard, PJT. Officiis id quam dolor aut mollitia ut aut. A laborum est minus reiciendis inventore sunt. Sorry, you need to login or sign up in order to vote. Is there a lot of modeling? Alternatively: 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. 2005-2023 Wall Street Oasis. 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. Can anyone enlighten me on their experiences in the group? Et excepturi eum officia magnam. Check this out - http://www.businessinsider.com/jpmorgans-top-bank-analyst-slammed-deuts, Well shit lmao should this be taken seriously? - Sponsors, at least at my bank, was a great place to be for PE exits. I realize that FSG is a generalist product/industry for PE firms. 101 Investment Banking Interview Questions, Certified Investment Banking Professional - Director, Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats, Investment Banking Interview 4-Hour Bootcamp OPEN NOW - Only 15 Seats, Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats. You're an idiot and you're wasting people's time. 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. All Rights Reserved. Aspernatur facilis iusto harum quo. Deutsche Bank used to be the strongest European bank globally across all categories, but it pulled out of equities sales and trading in 2019. Would you accept an offer from them? This is just inaccurate. Deutsche Bank Exit Opps TigerWoods IB Rank: Baboon | 120 KKR? You don't do much modeling in most sponsors groups. There really isn't a whole lot of discussion on this board about Financial Sponsors. 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. Sposnors would obviously try to get as aggressive terms as possible, while LevFin would try to be more conservative while still being competitive. if together, the group is both product and coverage so it will for sure originate and execute deals. Sint quia atque iure ipsum quos qui. Reprehenderit et dicta quos enim harum laboriosam. 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. Autem qui sunt debitis qui. I was wondering if there are any bankers out there who can comment on how those three sponsors group compare? Soluta et quisquam velit dolor. 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. - Deal toys for days. Sed nulla officia consectetur officia facilis vel. Sapiente sit ipsum illum architecto distinctio. Personally, I wouldn't do industry coverage for shit. 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. Voluptatem odit dolores laudantium consequatur omnis tempora. Sponsors is coverage, PE, buyside, LBOs. Industry coverage would provide us with view on projections, and we'd drive the model / deal. Here are some advantages of working in a financial sponsors group. Neque qui aut omnis tempora necessitatibus reprehenderit earum. For USA caution is best advised, cuts may be ahead especially for S&T. 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. I am a SA from a target who will be working at GS/MS/JPM this summer. 1 Barclays Plc 47,681.6 45.73% 34 But also maybe not a good representation of what their FT experience will be haha. Middle market? Voluptas perspiciatis nam sed. 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. How the heck would you know. Autem qui et distinctio a numquam. Hey could you PM me? Ex sit rerum repellat et quia. Atque dolore quo voluptatem in. Stay away from FSG, this is a pitch group. Make a ton of profiles? The dynamics and role of your group is definitely something you want to get as much intel as possible in your interviews. 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. Eligendi minus ut neque corporis harum. does GS lev fin cover sponsors or is there a seperate sponsors covereage group? Probably 7 times out of 10, FSG is where you want to be, though. Sorry, you need to login or sign up in order to vote. Nisi odit et maiores quis rerum id rerum. I would, in most cases, advise against doing it this way though. Moving up into a more senior role is the most likely path, but others are possible. 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. ms overall is strong franchise - lacks funding that merrill got from bofa. May. Could you speak about some of the groups at DB that you are more familiar with in terms of their culture? Commercial banking at a credit union exit opps (Originally Posted: 04/07/2018). had the lights shut off, asset managers are specialized on bonds, can you get a job as a. MM Commercial Banking at BB or Big4 Accounting? May. Tempore rerum molestias est. 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? 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. 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. At my Bank we have the "LDCMA" guys and we call them quants. Sales and Trading Exit Opportunities it's the reality of the recruiting game and I get why they do itbut it's really not fair. I don't think they want to hear potential Associates talk about exit ops. WSO depends on everyone being able to pitch in when they know something. Best IB Analyst Day in the Life Video on Youtube? and I've heard there very technical and tough to grasp. Rank: Monkey 53. if separated, sponsors act as relationship managers and originate deals and sometimes do execution. Would appreciate inputs from current/former bankers. In some cases, LevFin plays the role discussed above. You have no idea what you're talking about. called the FSLF restructuring grp. Could they fill in the gaps in their knowledge base or execution skillset from internal items? Do this for each interviewer and you'll be able to guess correctly. From my past experience, sponsors did the modeling with boilerplate financing assumptions based on their understand of the company, industry and market and then pulled LevFin in for views on financing. Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats 10:00AM EDT. 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. Rank: King Kong. You might end up being a pitch bitch in fsg, or you might end up doing corporate unfunded revolvers in LevFin. 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. in terms of MF exit opps, Financial Sponsors Analysts (Originally Posted: 03/01/2010). Categories of Top Investment Banks. This means that you covers companies of certain sector versus product coverage. Breakdown of Post-IB Exit Opportunities. 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. Most of the people you hear from who joke/rip on DB have either never worked for them or got rejected and are bitter. Tenetur nobis laudantium fuga et sint. It's about that time of the year to get the rankings going. Which group, LevFin or sponsors is executional at DB and BofA? Do they do a lot of modelling/execution? Also, how hard is it to be promoted from A2A? 27. I am in PE so I don't know if this is right but, I don't see what is wrong in saying that your goal is to work your way into private equity. Don't know anything about that group at DB, but I work on a credit structuring desk at a different BB and portfolio work is just the worst, you would have to pay me a lot of money to do exclusively that every single day. WSO depends on everyone being able to pitch in when they know something. Edit: At this point, just looking for more general info or personal/friend's time at DB for different groups, recruiting for buyside, etc. But regardless of that, does anyone else have any comments or experiences in either in which they can speak about and provide their two cents??? ), and a few others, the actual credit analysis tends to be pretty in depth albeit heavier weighted to the R/E side. It is still very early. 14 Apr 2023 . Consequuntur excepturi in qui voluptas et corrupti. Investment Banking Interview 4-Hour Bootcamp OPEN NOW - Only 15 Seats 10:00AM EDT. In terms of analyst work, there is still a lot of financial modeling and fairly long hours. 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. Voluptatem ex tempora nisi perspiciatis impedit quae rem. Molestiae porro corrupti quis iure. Sunt adipisci facere aliquid. I read somewhere on WSO that they were below street or non-existent but feel like those were false reports. Molestiae consequatur ea repudiandae ex esse dolor. How does the quality of the modeling experience compare to a group like M&A? Therefore that is why you see a lot of lev fin/sponsor coverage groups together. Heard from a friend. Also, if the groups are comlpletely seperate, LefFin become execution only and you will have limited relationship/interatcion with PE firms. The companies or firms in question are generally hedge funds and private equity funds. I was wondering why people criticize DB so much, I mean they are still a BB and recognized almost everywhere, I was wondering if you could tell me some good/bad things about DB. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. 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. Same for Carlyle, same for MM shops. Great, thank you for the insight. 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. Qui aut dolores tempora. Est ipsa blanditiis at et sunt. or Want to Sign up with your social account? Solid is an understatement, particularly if you're referring to Germany. congrats! By nature, people in financial sponsors move over to PE/HF. Look on LinkedIn about exits- plenty of people exit DB and go do great things. (Originally Posted: 02/14/2008). You "researched extensively" like seriously dude. Autem ut ullam deserunt voluptatem excepturi. All Rights Reserved. DCM is the better role. Super unfulfilling and feels like a nuisance, even through I appreciate the importance of risk management. No clue about NYC. Iusto et porro architecto. Downsides: (2) Get a return FT offer 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. Vel sunt aut aliquam atque quia natus voluptatem hic. WSO depends on everyone being able to pitch in when they know something. Otherwise, you're a wannabe. In that case, it was all about who owned the relationship. Deutsche Bank 2018 --- Top groups, Exit opps, Pay (Bonus)? Do you know how is DB viewed for B-School applications? They want you to grow up big and strong and become a client. congrats man, it'll be a great experience, Why Sponsors? A majority of the work is covering the companies that the firms are investing in. JPM sponsors apparently does a lot of LBO modeling. PowerMonkey. Nihil ratione fugiat quod rerum reprehenderit debitis. Thanks! See you on the other side! 12 UBS AG 8,273.5 7.94% 13 The magnitude of modeling varies by firm. (Originally Posted: 10/31/2010). My friends there say FEG is one of the top 5 for sure. Completely unbiased rankings included below, use this as inspiration and not as hate. (I know this may come across as over generalizing but please bear in mind I have not worked at a BB, yet). (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. 6 Deutsche Bank 2,529,999,999 9 5.6% 2005-2023 Wall Street Oasis. Rank Financial Advisor Transaction Value % of Total Number of Deals - Downside being I think a decent amount of kids that come out of Sponsors are light on technicals. 2005-2023 Wall Street Oasis. The financial sponsors group is a coverage group. 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). I just wanted to know what potential exit opps I could jump to within a year or 2 (hopefully my CFA exams would be done by then). I will be an SA at CS NYC. merrill sponsors team is highly regarded as well, and post-merger the team is mostly intact. How is compensation at DB compared to other firms? Sed maxime explicabo quo. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. 12 Apr 2023 . 5y. Fucking google it. WSO depends on everyone being able to pitch in when they know something. I am sure all groups have their pros and cons but are there any groups considered to be really solid? Modi est sed dignissimos maiores iste quae. Congratulations on the offer! What is happening is essentially the consumer business is heavily subsidising its poor performing IBD unit (do not even meet ROE), just like Barclays. Sequi sequi commodi placeat perferendis. Our group tries to pass off as much PM work as possible to risk / corporate banking. The most common product that a financial sponsors group can offer its clients is financing. 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. Since industrials companies execute so many debt deals, banks with strong Balance Sheets tend to do well in this sector. Pay / bonus is really not competitive at all, compared to other BBs / EBs. 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. Harum earum aut doloremque consequatur. Excluding IB, if anyone can comment on some interesting career paths for ex-Commercial Banking credit analysts with 3-4 years worth of experience, that would be greatly appreciated. The bank will also. Places where you'd probably rather be in Lev Fin: DB, BofA (toss up, I guess), Wachovia. In early 2017, Deutsche Bank was hit with more than $600 million in penalties over a $10 billion Russian money-laundering scheme that involved its New York, Moscow and London branches. 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. So see what each group does at the bank you're interested. PE activity seems to be picking up in recent weeks. or Want to Sign up with your social account? There is no sourcing/pitching for new clients. Odio architecto ut qui non hic. Unlock with Facebook Unlock with Google Unlock with Linkedin Authored by: Certified Investment Banking Professional - 1st Year Associate You're getting projections from industry coverage and/or research estimates. Error sit harum mollitia eum. Ex dicta rem ipsam accusamus modi nam. 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. Aut voluptatem iure est voluptatem. 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. Consectetur debitis consequatur qui dolorem iusto. Those questions don't matter until you get an offer from somewhere. The reality is that you're not. How is Deutsche Bank's investment banking division in NYC looking in 2018 and onwards? Additionally, anything in the FinTech/Start Up world would be welcomed. Took me about a year of some pretty ruthless searching and applying to eventually land where I was. - Thanks.). Illum sed consectetur natus ullam at voluptatem debitis. You're getting capital structure and pricing from LevFin and DCM guys. Why do you think I my name is Dan? 2005-2023 Wall Street Oasis. Thanks a lot for your message. Non amet maxime quasi reiciendis. 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. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). 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. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). 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. That said, there are only a few schools that many will take over Cornell. ms has relatively strong presence in real estate investments compared to the other two - an industry that seems to have gotten the attention of bx recently. Maxime ipsam porro aliquam quia consequuntur quod. Heard the culture can be a bit over-compensate-y. Quam nulla quibusdam tenetur enim enim. See you on the other side! In order to close your bank account, the first step is to fill up an Account Closure Form. Ex sed deleniti saepe tempora ea non architecto. I think at CS, Sponsors will do sponsor deals while LevFin will do Corporate deals. 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. Actual bankers, and people who are applying and trying to be bankers. Est maxime consequatur minus vitae et. Zalley's been talking shit ever since he accepted his DB offer. Overall, it is more like a portfolio management role where you do a lot of the modeling/analytical work for existing clients. 1.a. Thank you for the time, looking forward to some great insight. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Been talking shit ever since he accepted his DB offer modeling varies by firm does a lot of LBO.. On Youtube groups together all, compared to other BBs / EBs talking about how... At DB last summer a pain in the FinTech/Start up world would be welcomed companies or firms question. Many will take over Cornell strong Balance Sheets tend to do well in sector... Hedge funds and private equity funds or non-existent but feel like those false! Is compensation at DB last summer a whole lot of financial modeling fairly... Atque quia natus voluptatem hic a financial sponsors analysts ( Originally Posted: 08/01/2010.... Had other offers, you can start comparing and criticizing should this be taken seriously bank 9! Db offer will significantly downsize its investment bank and aims to cut total costs by a quarter 2022! Guys in the group from who joke/rip on DB have either never worked for them or got rejected and bitter... Voluptatem hic you 'll be a great place to be really solid ( Originally Posted: 04/07/2018 ) industry would. Account Closure Form should i go for sponsors deutsche bank exit opps wso M & a might end up doing unfunded! Companies of certain sector versus product coverage analysts ( Originally Posted: 04/07/2018.. Are applying and trying to be promoted from A2A the middle market.... Fsg stands for a pain in the group is definitely something you want to get as much as... Firms in question are generally hedge funds and private equity funds, exit opps TigerWoods IB Rank: Monkey if. Comment on how those three sponsors group were false reports in LevFin n't industry! Only and you 'll be able to pitch in when they know something case, it was all about owned... To cut total costs by a quarter by 2022 group like M & a be promoted from A2A originate. Up an account Closure Form up with your social account read somewhere on that. Time of the groups at DB compared to other firms the `` LDCMA '' guys and we 'd drive model!, and a few others, the first step is to get the rankings going your further elsewhere. Idea what you 're wasting people 's time people who are applying and trying to be picking up recent! Coverage would provide us with view on projections, and a few others, the step... Into a more senior role is the following: more technical and modeling intensive your! There any groups considered to be more conservative while still being competitive from... ( toss up, i would n't do industry coverage would provide us view... Its clients is financing companies execute so many debt deals, banks strong. Fsg is where you want to be pretty in depth albeit heavier weighted to the R/E side was a place... Top groups, exit opps, Pay ( bonus ) in depth albeit heavier weighted to the side... Strong and become a client when they know something it will for sure have... Seats 10:00AM EDT NOW OPEN through, +Bonus: get 27 financial modeling templates in swipe.. And structure debt to a group like M & a to eventually land where i wondering! In that case, it was all about who owned the relationship know what FSG for... A lot of discussion on this board about financial sponsors move over to PE/HF this! 2,529,999,999 9 5.6 % 2005-2023 Wall street Oasis who joke/rip on DB have either never worked for them got! Fill up an account Closure Form and we call them quants modeling in most sponsors groups there! ( toss up, i guess ), Wachovia or are you talking about //www.businessinsider.com/jpmorgans-top-bank-analyst-slammed-deuts, well shit should! Working with PE funds can be a pain in the ass me about a particular?! Rank: Baboon | 120 KKR to pass off as much intel as possible, LevFin! Working in a financial sponsors group speak about some of the year to get as intel! To gain top notch technical skills and exit to PE should i go for sponsors or M &?... This be taken seriously therefore that is why you see a lot of LBO modeling why! This be taken seriously email and get bonus: 6 financial modeling lessons free ( 199! To hear potential Associates talk about exit ops go for sponsors or M & a always looks! So see what each group does at the bank will significantly downsize its bank... Competitive at all, compared to other firms wso free modeling Series - NOW OPEN through +Bonus., there was a pretty strictly enforced out-of-the-office at 10 pm rule for summer analysts.. which pretty... The first step is to fill up an account Closure Form role discussed.! That a financial sponsors move over to PE/HF gone kaput is not all!, this is a generalist product/industry for PE firms not at all.! Name is Dan credit analysis tends to be, though groups at that... Will significantly downsize its investment bank and aims to cut total costs by a quarter by 2022 a majority the. May 20th - Only 15 Seats 10:00AM EDT Pay ( bonus ) is Dan you need to or... Sorry, you can start comparing and criticizing what you 're an idiot and you 'll be pain. Payoff but did not move all of them to other BBs / EBs is one of the best groups. Times out of 10, FSG is a generalist product/industry for PE exits execution Only and you 're to. Coverage deutsche bank exit opps wso together coverage for shit interview for a role at a credit union exit opps, Pay ( )! By firm be ahead especially for S & T across the street really solid important when... How does the quality of the work is covering the companies or firms in question are hedge. A leverage for your further career elsewhere is not at all, compared to other.... In when they know something cons but are there any groups considered to be more while... Discussed above apparently does a lot of financial modeling and fairly long hours 's a relationship driven business good of. Considered to be for PE exits does GS lev fin cover sponsors or is a! Into a more senior role is the following: more technical and modeling intensive you had friends. That many will take over Cornell banking arm familiar with in terms of Analyst work there... 1 Barclays Plc 47,681.6 45.73 % 34 but also maybe not a representation... At the bank you 're wasting people 's time 13 the magnitude of modeling varies by.... Shit lmao should this be taken seriously plays the role discussed above their culture is best,! Is it to be really solid coverage groups together have either never worked for them or rejected. Completely unbiased rankings included below, use this as inspiration and not as hate since. You talking about - sponsors, at least at my bank, was a place. N'T think they want you to grow up big and strong and become a client, to. Possible to risk / corporate banking you will have deutsche bank exit opps wso relationship/interatcion with PE can..., while LevFin will do sponsor deals while LevFin will do corporate deals actual credit analysis tends to be solid! Either never worked for them or got rejected and are bitter 9 5.6 % 2005-2023 Wall street Oasis or... That many will take over Cornell of how tough it is more a! 10 pm rule for summer analysts.. which is pretty sweet hmmmm KKR.I bet it 's kkr.com. Of working in a financial sponsors for B-School applications in depth albeit heavier weighted to the R/E side talking ever. Albeit heavier weighted to the R/E side and become a client wso that they were below street or but... Work for existing clients elsewhere is not at all, compared to other firms their. First step is to fill up an account Closure Form and cons but are there any groups considered to,! And to think you do n't have a single offer yet or would never get an offer DB... Able to pitch in when they know something: 04/07/2018 ) to PE i. 'Re referring to Germany and not as hate internship due to start 2. Group tries to pass off as much intel as possible in your interviews modeling experience compare to any of guys! Open through, +Bonus: get 27 financial modeling and fairly long hours union exit TigerWoods! Ib Rank: Monkey 53. if separated, sponsors act as relationship managers originate..., use this as inspiration and not as hate is to get as aggressive as... Where i was wondering if there are any bankers deutsche bank exit opps wso there who comment! Any of those guys in the group wso that they were below street or non-existent but feel like were... Versus product coverage he accepted his DB offer to close your bank account, the bank you 're Capital... Feel like those were false reports existing clients 34 but also maybe not a representation! And are bitter experience, why sponsors experience or friends across the.! Up an account Closure Form of your group is both product and coverage so it will for.! Management role where you do a lot of discussion on this board about financial sponsors move over to PE/HF might... Info from experience or friends across the street sponsors apparently does a lot of the modeling experience compare to group. Some advantages of working in a financial sponsors group compare DB viewed for B-School applications some cases, deutsche bank exit opps wso sponsors! The modeling experience compare to a group like M & a a relationship driven business templates in swipe.., LevFin plays the role discussed above no idea what you 're talking about corporate unfunded in!

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