Citi LatAm Group - IB

I keep reading on different threads that Citi's LatAm Group for IB is top tier, and has great deal flow, but they have the worst culture...
Could anyone share some insight as to why this is? What exactly defines 'bad' culture in a specific IB group (apart from the long hours)?
Thanks!



 
Most Helpful

high deal flow = lots of work = long hours = everyone around you is stressed = bad culture

Culture is dependent on the people in the office. However, from the analyst level and without meeting every group, deal flow/"culture" is a tradeoff. Top tier groups you're going to get grinded for 2 years and burnt out. Less busy groups you might leave the office earlier but get less deal experience and exits.

Array
 

Amet et voluptate deleniti vitae. Est officia debitis et possimus est at. Id ad soluta voluptatem nihil corrupti architecto.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”